Abstract
SEW is defined as a "stock of affect-related value that the family has invested in the firm" (Berrone, Cruz, Gómez-Mejía, & Larraza-Kintana, 2010, p. 106). However, the singular reference to the family firm contradicts findings that describe most family firms as controlling multiple firms. How than does the family manage the SEW stock when it is distributed between multiple firms, with various ages, sizes, and importance? Extending Zellweger and Dehlen's (2012) AIM model of affect infusion, this chapter conceptualizes about how a business family owner manages his or her emotional endowment with a cluster of firms.
Original language | English |
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Title of host publication | De Gruyter Handbook of Business Families |
Publisher | de Gruyter |
Pages | 163-185 |
Number of pages | 23 |
ISBN (Electronic) | 9783110727968 |
ISBN (Print) | 9783110728057 |
DOIs | |
State | Published - 30 Jan 2023 |
Keywords
- Affect infusion
- Business family owner
- Cluster
- Flow
- Portfolio
- Socioemotional wealth
- Stock
All Science Journal Classification (ASJC) codes
- General Economics,Econometrics and Finance
- General Business,Management and Accounting