Rights statement: The final, definitive version of this article has been published in the Journal, Family Business Review. 34 (2), 2021, © SAGE Publications Ltd, 2021 by SAGE Publications Ltd at the Family Business Review page: https://journals.sagepub.com/home/fbr on SAGE Journals Online: http://journals.sagepub.com/
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Final published version
Research output: Contribution to Journal/Magazine › Editorial › peer-review
Research output: Contribution to Journal/Magazine › Editorial › peer-review
}
TY - JOUR
T1 - The Psychological Foundations of Management in Family Firms
T2 - Emotions, Memories, and Experiences.
AU - Humphrey, Ronald
AU - De Massis, Alfredo
AU - Picone, PM
AU - Tang, Yi
AU - Piccolo, RF
N1 - The final, definitive version of this article has been published in the Journal, Family Business Review. 34 (2), 2021, © SAGE Publications Ltd, 2021 by SAGE Publications Ltd at the Family Business Review page: https://journals.sagepub.com/home/fbr on SAGE Journals Online: http://journals.sagepub.com/
PY - 2021/6/1
Y1 - 2021/6/1
N2 - Exploring the psychological foundations of management in family firms is necessary to understand why they formulate and implement strategies differently from nonfamily firms, and why and how family firm behavior varies across different family firms. Picone et al. (2021) have proposed a conceptual framework for the psychological foundations of management in family business, examining how the values, biases, and heuristics of family firm actors affect strategic decision-making and family firm outcomes. Drawing on this framework, we examine emotions, memories, and experiences in family firms, disentangling “what we know” from “what we should know”, and offering some relevant questions to advance the field.
AB - Exploring the psychological foundations of management in family firms is necessary to understand why they formulate and implement strategies differently from nonfamily firms, and why and how family firm behavior varies across different family firms. Picone et al. (2021) have proposed a conceptual framework for the psychological foundations of management in family business, examining how the values, biases, and heuristics of family firm actors affect strategic decision-making and family firm outcomes. Drawing on this framework, we examine emotions, memories, and experiences in family firms, disentangling “what we know” from “what we should know”, and offering some relevant questions to advance the field.
KW - family business
KW - emotions
KW - memories
KW - experiences
KW - psychological foundations
KW - decision-making
U2 - 10.1177/08944865211012139
DO - 10.1177/08944865211012139
M3 - Editorial
VL - 34
SP - 122
EP - 131
JO - Family Business Review
JF - Family Business Review
SN - 0894-4865
IS - 2
ER -