Who cares about socioemotional wealth? SEW and rentier perspectives on the one percent wealthiest business households
Journal of Family Business Strategy, ISSN: 1877-8585, Vol: 10, Issue: 2, Page: 144-158
2019
- 28Citations
- 107Captures
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Example: if you select the 1-year option for an article published in 2019 and a metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019. If you select the 3-year option for the same article published in 2019 and the metric category shows 90%, that means that the article or review is performing better than 90% of the other articles/reviews published in that journal in 2019, 2018 and 2017.
Citation Benchmarking is provided by Scopus and SciVal and is different from the metrics context provided by PlumX Metrics.
Article Description
The wealthiest family business owners are recognized as economically powerful, but there is little theoretical underpinning to explain how their behavior differs from their counterparts. To increase our understanding of family firm owners we draw on literature to introduce the concept of the rentier which we contrast with the socioemotional wealth (SEW) perspective of ownership. We test contrasting predictions by examining the strategic behavior of the one percent wealthiest business owning households in the United States using data from Federal Reserve Board’s 2013 Survey of Consumer Finance. Our findings depict an entrepreneurial category of owners who blend aspects of both rentier and SEW modes, but suggest important shortcomings of both perspectives.
Bibliographic Details
http://www.sciencedirect.com/science/article/pii/S1877858519300440; http://dx.doi.org/10.1016/j.jfbs.2019.04.002; http://www.scopus.com/inward/record.url?partnerID=HzOxMe3b&scp=85064893472&origin=inward; https://linkinghub.elsevier.com/retrieve/pii/S1877858519300440; https://dx.doi.org/10.1016/j.jfbs.2019.04.002
Elsevier BV
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