Final published version
Research output: Contribution to Journal/Magazine › Editorial › peer-review
Research output: Contribution to Journal/Magazine › Editorial › peer-review
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TY - JOUR
T1 - A closer look at socioemotional wealth
T2 - its flows, stocks, and prospects for moving forward
AU - Chua, Jess
AU - Chrisman, James J.
AU - De Massis, Alfredo
PY - 2015/3/4
Y1 - 2015/3/4
N2 - We supplement the recent work by Miller and Le Breton-Miller by evaluating more closely two related theoretical aspects of the socioemotional wealth concept: (1) the stocks and flows of non-economic benefits and how they influence family firm behavior; and (2) the use of prospect theory as an umbrella concept. We, thus, contribute to family business research by delineating a number of important research questions related to these two theoretical aspects that need to be addressed if theories of family firm behavior and performance are to move forward.
AB - We supplement the recent work by Miller and Le Breton-Miller by evaluating more closely two related theoretical aspects of the socioemotional wealth concept: (1) the stocks and flows of non-economic benefits and how they influence family firm behavior; and (2) the use of prospect theory as an umbrella concept. We, thus, contribute to family business research by delineating a number of important research questions related to these two theoretical aspects that need to be addressed if theories of family firm behavior and performance are to move forward.
KW - family business
KW - socio-emotional wealth
KW - family firms
KW - goals
KW - prospect theory
U2 - 10.1111/etap.12155
DO - 10.1111/etap.12155
M3 - Editorial
VL - 39
SP - 173
EP - 182
JO - Entrepreneurship Theory and Practice
JF - Entrepreneurship Theory and Practice
SN - 1042-2587
IS - 2
ER -