束缚的纽带:家族企业中的社会情感财富保存

The Bind that Ties: Socioemotional Wealth Preservation in Family Firms

ACADEMY OF MANAGEMENT ANNALS · 2011
被引 1187
人大 AFT50ABS 4*

中文导读

综述了家族企业与非家族企业在管理过程、战略、治理、利益相关者关系和商业冒险五类决策上的差异,认为家族所有者的社会情感财富或情感禀赋解释了这些差异,并考察了调节因素及家族所有权对企业绩效的影响。

Abstract

A growing body of research shows that family firms are different from other organizations in significant ways. In this paper we review this literature by examining how family firms differ from nonfamily firms along five broad categories of managerial decisions. These categories encompass a set of key organizational choices concerning management processes, firm strategies, corporate governance, stakeholder relations and business venturing. We argue that socioemotional wealth or affective endowment of family owners explain many of these choices. We also examine some contingency factors (namely family stage, firm size, firm hazard, and the presence of nonfamily shareholders) that moderate the influence of socioemotional wealth preservation as a point of reference when making managerial decisions in family firms. Lastly, we explore the firm performance consequences of family ownership.

家族企业公司治理管理决策社会情感财富组织行为