Back to the Roots: Applying the Concept of Individual Human Values to Understand Family Firm Behavior
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 model...
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| Veröffentlicht in: | Family business review 2021-03, Vol.34 (1), p.48-70 |
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| container_title | Family business review |
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| creator | Ruf, Philipp Julian Graffius, Michael Wolff, Sven Moog, Petra Felden, Birgit |
| description | 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. |
| doi_str_mv | 10.1177/0894486520944282 |
| format | Article |
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| ispartof | Family business review, 2021-03, Vol.34 (1), p.48-70 |
| issn | 0894-4865 1741-6248 |
| language | eng |
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| title | Back to the Roots: Applying the Concept of Individual Human Values to Understand Family Firm Behavior |
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