Back to the Roots: Applying the Concept of Individual Human Values to Understand Family Firm Behavior

Autor:	Birgit Felden, Sven Wolff, Petra Moog, Philipp Julian Ruf, Michael Graffius
Rok vydání:	2020
Předmět:	Socioemotional selectivity theory Business Management and Accounting (miscellaneous) Human values Psychology Social psychology Finance
Zdroj:	Family Business Review. 34:48-70
ISSN:	1741-6248 0894-4865
Popis:	This study examines the influence of individual owner-manager values on the different dimensions of socioemotional wealth in family firms. We argue that values of owner-managers in family firms are one of the underlying motivators for socioemotional wealth behavior and used structural equation modeling to test the assumed connection. The results of our data set with 1,003 cases show, in accordance with Schwartz’s value dimensions, that social- and person-oriented values influence different dimensions of the FIBER scale. Our findings help understand the importance of individual values, advance socioemotional wealth research, and contribute to the understanding of family firm behavior.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::0541280068b02775ccc3dce9d78c3a73 https://doi.org/10.1177/0894486520944282 Zobrazit plný text záznamu