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Socioemotional Wealth Tag

Thank you to this week’s contributor, Navneet Bhatnagar, for sharing his précis of “Examining Heterogeneous Configurations of Socioemotional Wealth in Family Firms through the Formalization of Corporate Social Responsibility Strategy” – an article that appears in the June 2023 issue of FBR.

Thanks to this week’s contributor, Kim Schneider Malek of the FBR Research Applied Board, for her précis of “Founder-Controlled Family Firms, Overconfidence, and Corporate Social Responsibility Engagement: Evidence from Survey Data,” which appears in the March 2021 issue of FBR.

Thank you to this week’s contributor, Navneet Bhatnagar of the FBR Research Applied Board, for sharing his précis of “Community Socioemotional Wealth: Preservation, Succession, and Farming in Lancaster County, Pennsylvania” – an article that appears in the September 2020 issue of FBR.

FFI strives to advance the field of family enterprise through applied research, providing practitioners with practical applications for research conducted by academics from around the world. An example is the periodic précis written by members of the FBR Applied Research Board. Based on recent articles published in FBR, these précis summarize an article and identify implications and applications for advisers to integrate into their work with families. This week, FFI Practitioner is pleased to highlight selected FBR précis on a variety of family enterprise topics.

How can relationship conflict and socioemotional costs impact a family business owner’s subjective assessment of the firm’s value? In this week’s edition, which is a précis of “Relationship Conflict, Family Name Congruence, and Socioemotional Wealth in Family Firms,” an article appearing in the December issue of FBR, Navneet Bhatnagar explores this question and the relevant implications for practitioners.

Among the unique characteristics differentiating family enterprises from their non-family counterparts is that family-owned businesses are much more driven by nonfinancial social and emotional motivators. In this week’s edition, Kim Schneider Malek explores the research that has been conducted on socioemotional wealth through her précis of “More Than Meets the Eye: A Review and Future Directions for the Social Psychology of Socioemotional Wealth,” an article appearing the March 2018 issue of FBR.