CEO's empathy and salience of socioemotional wealth in family SMEs - The moderating role of external directors

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Goel, Sanjay; VOORDECKERS, Wim; VAN GILS, Anita; VAN DEN HEUVEL, Jeroen;
  • Publisher: ABINGDON
  • Identifiers: doi: 10.1080/08985626.2012.710262
  • Subject: SUCCESSION | BUSINESS | 2 International | socioemotional wealth | board of directors | FIRM PERFORMANCE | RESEARCH AGENDA | CEO empathy; board of directors; socioemotional wealth; family businesses | CEO empathy | AFFILIATE DIRECTORS | family businesses | MANAGEMENT | CORPORATE GOVERNANCE | PERSPECTIVE | ALTRUISTIC MOTIVATION | BOARD COMPOSITION

A focus on preserving socioemotional wealth may influence entrepreneurial activities in family firms. In this paper, we identify the emotion of empathy in the family CEO as an antecedent of socioemotional wealth creation. We argue that the presence of one or more extern... View more
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