The setting of non-financial goals in the family firm: The influence of family climate and identification

被引:78
作者
Katiuska Cabrera-Suarez, Ma [1 ]
de la Cruz Deniz-Deniz, Ma [1 ]
Martin-Santana, Josefa D. [1 ]
机构
[1] Univ Las Palmas Gran Canaria, Las Palmas Gran Canaria 35017, Spain
关键词
Family firms; Family climate; Identification; Non-financial goals; TMTs; Socioemotional wealth; SOCIOEMOTIONAL WEALTH; ORGANIZATIONAL IDENTIFICATION; SOCIAL IDENTITY; BUSINESS; STEWARDSHIP; FAMILINESS; PERCEPTIONS; GOVERNANCE; OWNERSHIP; DIRECTORS;
D O I
10.1016/j.jfbs.2014.05.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
The article contributes to the literature on socioemotional wealth by analysing the drivers of non-financial goals in the family firm. We draw from family system and social identity literature to analyse how family dynamics affect the setting of non-financial goals suggesting that this influence is mediated by the family's degree of identification with the firm. More specifically, we propose that a positive family climate in terms of cohesion, open communication and intergenerational attention generates a greater identification of the family with the firm. In turn, identification leads the firm to adopt value creation goals specific to the family or non-financial goals. Data obtained from 374 members of TMTs in 173 Spanish private family firms allow for the confirmation of these expectations. (C) 2014 Elsevier Ltd. All rights reserved.
引用
收藏
页码:289 / 299
页数:11
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