Socioemotional wealth and family firm performance: A meta-analytic integration

被引：45
作者：
Davila, Jessenia [1 ]
Duran, Patricio [2 ,4 ]
Gomez-Mejia, Luis [3 ]
Sanchez-Bueno, Maria J. [1 ]
机构：
[1] Univ Carlos III Madrid, Dept Business Adm, Calle Madrid, 126, Getafe 28903, Madrid, Spain
[2] Univ Richmond, Robins Sch Business, 102 UR Dr, Richmond, VA 23173 USA
[3] Arizona State Univ, WP Carey Sch Business, TEMPE Campus, Tempe, AZ USA
[4] Univ Richmond, Robins Sch Business, Richmond, VA 23173 USA
来源：
JOURNAL OF FAMILY BUSINESS STRATEGY | 2023年 / 14卷 / 02期
关键词：
Meta; -analysis; Performance; Socioemotional wealth; SEW dimension; Family firm; BEHAVIORAL AGENCY; CORPORATE GOVERNANCE; NONFAMILY FIRMS; MODERATING ROLE; OWNERSHIP; CEO; INVOLVEMENT; SUSTAINABILITY; COMPENSATION; INSTITUTIONS;
D O I：
10.1016/j.jfbs.2022.100536
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study conflicting arguments and empirical findings of the socioemotional wealth (SEW)-family firm per-formance relationship using meta-analysis. We add to the debate by questioning: First, how do major managerial decisions (strategic choices, corporate governance, and non-family stakeholder orientation) play a mediating role in the SEW performance link? Second, how do specific five SEW dimensions act as moderating variables in the SEW-performance link? We show a positive relationship between SEW and performance. Hence there is no ev-idence that the pursuit of family SEW occurs at the expense of financial utility. Furthermore, we find that major managerial decisions mediate the SEW-performance relation.
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页数：13
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