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The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics

Research output: Contribution to Journal/Magazine › Editorial › peer-review

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The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics. / Picone, Pasquale Massimo (Editor); De Massis, Alfredo Vittorio (Editor); Tang, Yi (Editor) et al.
In: Family Business Review, Vol. 34, No. 1, 01.03.2021, p. 12-32.

Research output: Contribution to Journal/Magazine › Editorial › peer-review

Harvard

Picone, PM, De Massis, AV, Tang, Y & Piccolo, RF (eds) 2021, 'The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics', Family Business Review, vol. 34, no. 1, pp. 12-32. https://doi.org/10.1177/0894486520985630

APA

Picone, P. M., De Massis, A. V., Tang, Y., & Piccolo, R. F. (Eds.) (2021). The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics. Family Business Review, 34(1), 12-32. https://doi.org/10.1177/0894486520985630

Vancouver

Picone PM, (ed.), De Massis AV, (ed.), Tang Y, (ed.), Piccolo RF, (ed.). The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics. Family Business Review. 2021 Mar 1;34(1):12-32. Epub 2021 Jan 6. doi: 10.1177/0894486520985630

Author

Picone, Pasquale Massimo (Editor) ; De Massis, Alfredo Vittorio (Editor) ; Tang, Yi (Editor) et al. / The Psychological Foundations of Management in Family Firms : Values, Biases, and Heuristics. In: Family Business Review. 2021 ; Vol. 34, No. 1. pp. 12-32.

Bibtex

@article{29e45908878f44558455ea7e5e161db2,
title = "The Psychological Foundations of Management in Family Firms: Values, Biases, and Heuristics",
abstract = "Considering the heterogeneity of family firm behaviors as reflecting the values, biases, and heuristics of individuals, we discuss the implications of the psychological foundations of management in family firms. We develop a conceptual framework for investigating how the values, biases, and heuristics of family and nonfamily members affect strategic decision-making and the outcomes of family firms. To advance the field, we put forward some relevant questions and offer a future research agenda at the intersection of the psychological foundations of management and family business.",
keywords = "family business, heuristic, bias, psychological foundations, decision-making, values, cognition",
author = "Picone, {Pasquale Massimo} and {De Massis}, {Alfredo Vittorio} and Yi Tang and Piccolo, {Ronald F.}",
year = "2021",
month = mar,
day = "1",
doi = "10.1177/0894486520985630",
language = "English",
volume = "34",
pages = "12--32",
journal = "Family Business Review",
issn = "0894-4865",
publisher = "SAGE Publications Inc.",
number = "1",

}

RIS

TY - JOUR

T1 - The Psychological Foundations of Management in Family Firms

T2 - Values, Biases, and Heuristics

A2 - Picone, Pasquale Massimo

A2 - De Massis, Alfredo Vittorio

A2 - Tang, Yi

A2 - Piccolo, Ronald F.

PY - 2021/3/1

Y1 - 2021/3/1

N2 - Considering the heterogeneity of family firm behaviors as reflecting the values, biases, and heuristics of individuals, we discuss the implications of the psychological foundations of management in family firms. We develop a conceptual framework for investigating how the values, biases, and heuristics of family and nonfamily members affect strategic decision-making and the outcomes of family firms. To advance the field, we put forward some relevant questions and offer a future research agenda at the intersection of the psychological foundations of management and family business.

AB - Considering the heterogeneity of family firm behaviors as reflecting the values, biases, and heuristics of individuals, we discuss the implications of the psychological foundations of management in family firms. We develop a conceptual framework for investigating how the values, biases, and heuristics of family and nonfamily members affect strategic decision-making and the outcomes of family firms. To advance the field, we put forward some relevant questions and offer a future research agenda at the intersection of the psychological foundations of management and family business.

KW - family business

KW - heuristic

KW - bias

KW - psychological foundations

KW - decision-making

KW - values

KW - cognition

U2 - 10.1177/0894486520985630

DO - 10.1177/0894486520985630

M3 - Editorial

VL - 34

SP - 12

EP - 32

JO - Family Business Review

JF - Family Business Review

SN - 0894-4865

IS - 1

ER -