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Emotional Returns and Emotional Costs in Privately Held Family Businesses: Advancing Traditional Business Valuation
16 references·16 citing·34 second hopsampled
Emotional Returns and Emotional Costs in Privately Held Family Businesses: Advancing Traditional Business Valuation (2008)Emotional Returns and Emotional Costs in …Advances in Consumer Research (2025)Advances in Consumer ResearchSocioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills (2007)Socioemotional Wealth and Bus…Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Founding‐Family Ownership and…Toward a Theory of Psychological Ownership in Organizations (2001)Toward a Theory of Psychologi…Exploring the Black Box: An Analysis of Work Group Diversity, Conflict and Performance (1999)Exploring the Black Box: An A…TOWARD A STEWARDSHIP THEORY OF MANAGEMENT (1997)TOWARD A STEWARDSHIP THEORY O…The balanced scorecard : measures that drive performance (1992)The balanced scorecard : meas…Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns (1991)Stewardship Theory or Agency …Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…The Structure of Corporate Ownership: Causes and Consequences (1985)The Structure of Corporate Ow…Separation of Ownership and Control (1983)Separation of Ownership and C…Agency Problems and Residual Claims (1983)Agency Problems and Residual …Principles of Corporate Finance. (1981)Principles of Corporate Finan…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…A Theory of Social Interactions (1974)A Theory of Social Interactio…A Theory of Social Interactions (1974)A Theory of Social Interactio…“SEW” What Do We Know and Where Do We Go? A Review of Socioemotional Wealth and a Way Forward (2020)“SEW” What Do We Know and Whe…Financial Wealth, Socioemotional Wealth, and IPO Underpricing in Family Firms: A Two-stage Gamble Model (2017)Financial Wealth, Socioemotio…The Impact of Family Ownership, Management, and Governance on Innovation (2014)The Impact of Family Ownershi…Ability and Willingness as Sufficiency Conditions for Family-Oriented Particularistic Behavior: Implications for Theory and Empirical Studies (2014)Ability and Willingness as Su…Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis (2013)Product Innovation in Family …Nonfamily Managers, Family Firms, and the Winner's Curse: The Influence of Noneconomic Goals and Bounded Rationality (2013)Nonfamily Managers, Family Fi…The Landscape of Family Business Outcomes (2011)The Landscape of Family Busin…Family business and financial performance: Current state of knowledge and future research challenges (2011)Family business and financial…A Review of Theory in Family Business Research: The Implications for Corporate Governance (2011)A Review of Theory in Family …Strategy in family business: Toward a multidimensional research agenda (2010)Strategy in family business: …Research on Accounting in Family Firms: Past Accomplishments and Future Challenges (2010)Research on Accounting in Fam…Innovativeness in family firms: a family influence perspective (2010)Innovativeness in family firm…The Effects of Family Firm Specific Sources of TMT Diversity: The Moderating Role of Information Exchange Frequency (2009)The Effects of Family Firm Sp…Intellectual Foundations of Current Research in Family Business: An Identification and Review of 25 Influential Articles (2009)Intellectual Foundations of C…Family Business Research in the New Millennium (2009)Family Business Research in t…A Stakeholder Perspective on Family Firm Performance (2008)A Stakeholder Perspective on …The Modern Corporation and Private Property (1933)Law and Finance (1998)Cultures and Organizations: Software of the Mind. (1993)Motivation and Personality (1997)Bad Management Theories Are Destroying Good Management Practices (2005)What We Know and Don’t Know About Corporate Social Responsibility (2012)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)How do family ownership, control and management affect firm value? (2005)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Dimensionalizing Cultures: The Hofstede Model in Context (2011)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)The Social Identity Theory of Intergroup Behavior (2004)The Bind that Ties: Socioemotional Wealth Preservation in Family Firms (2011)Socioemotional Wealth in Family Firms (2012)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Theory of Value (1959)Auditor size and audit quality (1981)The Chain of Effects from Brand Trust and Brand Affect to Brand Performance: The Role of Brand Loyalty (2001)Electronic word-of-mouth via consumer-opinion platforms: What motivates consumers to articulate themselves on the Internet? (2004)Bibliometric Methods in Management and Organization (2014)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Higher market valuation of companies with a small board of directors (1996)Performance measurement system design (1995)THE IMPACT OF HUMAN RESOURCE MANAGEMENT ON ORGANIZATIONAL PERFORMANCE: PROGRESS AND PROSPECTS. (1996)Clarifying Business Models: Origins, Present, and Future of the Concept (2005)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 2025Advances in Consumer Research13,264 cited
  • 1992The balanced scorecard : measures that drive performance12,082 cited
  • 1985The Structure of Corporate Ownership: Causes and Consequences6,243 cited
  • 1997TOWARD A STEWARDSHIP THEORY OF MANAGEMENT5,371 cited
  • 2003Founding‐Family Ownership and Firm Performance: Evidence from the S&P 5005,127 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 1983Agency Problems and Residual Claims4,877 cited
  • 2007Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills4,400 cited
  • 1981Principles of Corporate Finance.3,634 cited
  • 1991Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns3,563 cited
  • 1999Exploring the Black Box: An Analysis of Work Group Diversity, Conflict and Performance2,970 cited
  • 1974A Theory of Social Interactions2,965 cited
  • 2001Toward a Theory of Psychological Ownership in Organizations2,535 cited

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A Theory of Social Interactions
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Cited by

  • 2013Product Innovation in Family versus Nonfamily Firms: An Exploratory Analysis468 cited
  • 2010Innovativeness in family firms: a family influence perspective456 cited
  • 2014Ability and Willingness as Sufficiency Conditions for Family-Oriented Particularistic Behavior: Implications for Theory and Empirical Studies440 cited
  • 2008A Stakeholder Perspective on Family Firm Performance380 cited
  • 2009Intellectual Foundations of Current Research in Family Business: An Identification and Review of 25 Influential Articles367 cited
  • 2010Strategy in family business: Toward a multidimensional research agenda366 cited
  • 2009Family Business Research in the New Millennium307 cited
  • 2014The Impact of Family Ownership, Management, and Governance on Innovation306 cited
  • 2017Financial Wealth, Socioemotional Wealth, and IPO Underpricing in Family Firms: A Two-stage Gamble Model301 cited
  • 2013Nonfamily Managers, Family Firms, and the Winner's Curse: The Influence of Noneconomic Goals and Bounded Rationality292 cited
  • 2011A Review of Theory in Family Business Research: The Implications for Corporate Governance284 cited
  • 2010Research on Accounting in Family Firms: Past Accomplishments and Future Challenges282 cited
  • 2011Family business and financial performance: Current state of knowledge and future research challenges276 cited
  • 2020“SEW” What Do We Know and Where Do We Go? A Review of Socioemotional Wealth and a Way Forward263 cited
  • 2011The Landscape of Family Business Outcomes254 cited
  • 2009The Effects of Family Firm Specific Sources of TMT Diversity: The Moderating Role of Information Exchange Frequency252 cited