"All my firms?" managing sew affective endowments in business family portfolios

Nava Michael-Tsabari*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

SEW is defined as a "stock of affect-related value that the family has invested in the firm" (Berrone, Cruz, Gómez-Mejía, & Larraza-Kintana, 2010, p. 106). However, the singular reference to the family firm contradicts findings that describe most family firms as controlling multiple firms. How than does the family manage the SEW stock when it is distributed between multiple firms, with various ages, sizes, and importance? Extending Zellweger and Dehlen's (2012) AIM model of affect infusion, this chapter conceptualizes about how a business family owner manages his or her emotional endowment with a cluster of firms.

Original languageEnglish
Title of host publicationDe Gruyter Handbook of Business Families
Publisherde Gruyter
Pages163-185
Number of pages23
ISBN (Electronic)9783110727968
ISBN (Print)9783110728057
DOIs
StatePublished - 30 Jan 2023

Keywords

  • Affect infusion
  • Business family owner
  • Cluster
  • Flow
  • Portfolio
  • Socioemotional wealth
  • Stock

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