Family Ownership Goals and Socioemotional Wealth: Evidence from Finnish Family Firms

Mariateresa Torchia, Marita Rautiainen (), Andrea Calabrò (), Tuuli Ikäheimonen (), Timo Pihkala () and Markku Ikävalko ()
Additional contact information
Mariateresa Torchia: International University of Monaco, Monaco, INSEEC U. Research Center, France
Marita Rautiainen: Lappeenranta University of Technology, France
Tuuli Ikäheimonen: Lappeenranta University of Technology, France
Timo Pihkala: Lappeenranta University of Technology, France
Markku Ikävalko: Lappeenranta University of Technology, France

Journal of Enterprising Culture (JEC), 2018, vol. 26, issue 02, 207-224

Abstract: By focusing on family owners’ perceptions and dynamics the aim of this paper is to understand the specific goals associated to their ownership status and whether and to what extend they impact on family firms’ growth and continuity. We use survey data on Finnish family firms and identify a set of differentiated family owners’ goals. Our findings contribute to the debate on differentiating socioemotional wealth by untangling the existence of variations in family principals’ goal setting and the importance to also consider that financial motives could determine family owners’ goals.

Keywords: Family firms; socioemotional wealth; family ownership; ownership goals; growth; continuity (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S0218495818500085
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:jecxxx:v:26:y:2018:i:02:n:s0218495818500085

Ordering information: This journal article can be ordered from

DOI: 10.1142/S0218495818500085

Access Statistics for this article

Journal of Enterprising Culture (JEC) is currently edited by Teck-Meng Tan

More articles in Journal of Enterprising Culture (JEC) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().