Death That Builds: Death Awareness and Family Firms’ Social Orientation

Sébastien Fosse, Carl Kock and Marianna Makri
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Sébastien Fosse: IE Business School, IE University
Carl Kock: IE Business School, IE University
Marianna Makri: University of Miami School of Business - University of Miami [Coral Gables]

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Abstract: Researchers have attributed the unique social orientation of family firms to the reputational motives of family members. However, little is known about how such an enduring characteristic could persist beyond the lifetimes of those individual members. Using an inductive, qualitative approach and comparing letters to shareholders from family and nonfamily Fortune 500 firms, we combine theory on succession in family firms and recent work on death awareness to derive a model linking the organizational identity to a reflective approach to death. We discuss implications for research and practice in the areas of sustainability, family firms, and organizational identity.

Date: 2014-01
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Published in Academy of Management Annual Meeting, Academy of Management Proceedings, 2014 (1), pp.11504, 2014, ⟨10.5465/ambpp.2014.11504abstract⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04739855

DOI: 10.5465/ambpp.2014.11504abstract

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