Emotional Returns and Emotional Costs in Privately Held Family Businesses: Advancing Traditional Business Valuation

No abstract is available for this paper.

• Publication year

  2008

• Venue

  Family Business Review

• Publication date

  2008-05-19

• Fields of study

  Business, Economics

• Identifiers
  DOI 10.1111/j.1741-6248.2008.00115.x
• External record

  Open on Semantic Scholar

• Source metadata

  Semantic Scholar

• No claims are published for this paper.

• No concepts are published for this paper.

• Perceiving Emotion in the Buyer–Seller Interchange: The Moderated Impact on Performance

  2007cited by this paper
• Emotions, Advertising and Consumer Choice

  2007cited by this paper
• Socioemotional Wealth and Business Risks in Family-controlled Firms: Evidence from Spanish Olive Oil Mills

  2007cited by this paper
• Regret in economic and psychological theories of choice

  2006cited by this paper
• How to Capture the Heart? Reviewing 20 Years of Emotion Measurement in Advertising

  2006cited by this paper
• Measuring Emotion—Lovemarks, The Future Beyond Brands

  2006cited by this paper
• Money Attitudes and Emotional Intelligence

  2006influential reference
• Risk, Return and Value in the Family Firm

  2006cited by this paper
• The Relationships between Sentiment, Returns and Volatility

  2006cited by this paper
• Linking environmental uncertainty to non-financial performance measures and performance: a research note

  2005cited by this paper
• Strategic Divestments in Family Firms: Role of Family Structure and Community Culture

  2005cited by this paper
• Social Mood and Financial Economics

  2005cited by this paper
• The Role of Non-Financial Factors in Internal Credit Ratings

  2005cited by this paper
• A Theory of the Firm Only a Microeconomist Could Love?

  2005cited by this paper
• Non-financial performance measurement in manufacturing companies

  2005cited by this paper
• Confidence Enhanced Performance

  2004cited by this paper
• Family Business Research: A Strategic Reflection

  2004cited by this paper
• The Importance of Integrated Goal Setting: The Application of Cost-of-Capital Concepts to Private Firms

  2004cited by this paper
• Willingness To Pay and Willingness To Accept: How Much Can They Differ? Comment

  2003cited by this paper
• Founding-Family Ownership and Firm Performance: Evidence from the S&P 500

  2003cited by this paper
• A note on the interaction effects of non-financial measures of performance

  2003cited by this paper
• The value of corporate voting rights and control: A cross-country analysis

  2003influential reference
• Conflicting Generations: A New Theory of Family Business Rivalry

  2003cited by this paper
• Creating Wealth in Family Firms through Managing Resources: Comments and Extensions

  2003cited by this paper
• Emotional Hazard in a Power-to-take Experiment

  2002cited by this paper
• OWNERSHIP AND PERFORMANCE IN CLOSE CORPORATIONS: A NATURAL EXPERIMENT IN EXOGENOUS OWNERSHIP STRUCTURE

  2002cited by this paper
• Toward a Theory of Psychological Ownership in Organizations

  2001cited by this paper
• Value of Corporate Control: Some International Evidence

  2001cited by this paper
• The Role of Family Ties in Agency Contracts

  2001cited by this paper
• Ownership Structure and Corporate Performance

  2001cited by this paper
• Private Benefits and Minority Shareholder Expropriation - Empirical Evidence from IPOs of German Family-Owned Firms

  2001cited by this paper
• The Role of Intuition in Strategic Decision Making

  2000cited by this paper
• When a Car Makes You Smile: Development and Application of an Instrument to Measure Product Emotions

  2000cited by this paper
• Stress in the workplace: a comparison of gender and occupations

  1999cited by this paper
• Exploring the Black Box: An Analysis of Work Group Diversity, Conflict and Performance

  1999cited by this paper
• Demographics and money attitudes: a test of Yamauchi and Templers (1982) money attitude scale in Mexico

  1999cited by this paper
• The Balanced Scorecard

  1998cited by this paper
• the foundations of regulatory economics

  1998cited by this paper
• Large Shareholders as Monitors: Is There a Trade-Off between Liquidity and Control?

  1998cited by this paper
• Intrinsic Motivation and Extrinsic Incentives

  1997cited by this paper
• Agency Problems, Equity Ownership, and Corporate Diversification

  1997cited by this paper
• Generation to Generation: Life Cycles of the Family Business

  1997cited by this paper
• A Case For Happiness, Cardinalism, and Interpersonal Comparability

  1997cited by this paper
• Resolving Differences in Willingness to Pay and Willingness to Accept

  1997cited by this paper
• TOWARD A STEWARDSHIP THEORY OF MANAGEMENT

  1997cited by this paper
• AGENCY CONFLICT AND CORPORATE STRATEGY: THE EFFECT OF DIVESTMENT ON CORPORATE VALUE

  1997influential reference
• The Small Enterprise Financial Objective Function: An Exploratory Study

  1996influential reference
• IMPACT OF CORPORATE INSIDER, BLOCKHOLDER, AND INSTITUTIONAL EQUITY OWNERSHIP ON FIRM RISK TAKING

  1996influential reference
• Vision salience and strategic involvement: implications for psychological attachment to organization and job

  1994cited by this paper
• The Value of the Voting Right: A Study of the Milan Stock Exchange Experience

  1994cited by this paper
• Attachment to Possessions

  1992cited by this paper
• An incomplete contracts approach to financial contracting

  1992cited by this paper
• Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns

  1991cited by this paper
• The combined effects of job and family characteristics on the job satisfaction, job involvement, and intrinsic motivation of men and women workers

  1991cited by this paper
• Performance Pay and Top-Management Incentives

  1990cited by this paper
• Private benefits from control of public corporations

  1989cited by this paper
• Family Firm and Community Culture

  1988cited by this paper
• O'Neal's Oppression of minority shareholders

  1985cited by this paper
• A Transaction Cost Approach to Families and Households

  1985cited by this paper
• The Structure of Corporate Ownership: Causes and Consequences

  1985influential reference
• Separation of Ownership and Control

  1983influential reference
• Agency Problems and Residual Claims

  1983cited by this paper
• The development of a Money Attitude Scale.

  1982cited by this paper
• Commitment and Satisfaction in Romantic Associations: A Test of the investment Model

  1980cited by this paper
• Theory of the Firm

  1976cited by this paper
• A Theory of Social Interactions

  1974cited by this paper
• Portfolio Selection

  1971cited by this paper
• The Money Illusion.

  1929cited by this paper

• Innovative capacity and socioemotional wealth as determinants of the well-being of family CEOs

  2026cites this paper
• Family business research: The next generation

  2025cites this paper
• Circular Economy in the Tourism Sector from a Family Business Perspective: the Case of Iberostar

  2025cites this paper
• Dynamic capabilities, preservation of socioemotional wealth, and family firm performance

  2025cites this paper
• What drives bank financing in family firms? A systematic review and research agenda

  2025cites this paper
• A multiple case mapping of family foundations: trends, characteristics and strategic implications

  2025cites this paper
• Untangling the threads: Exploring the non-financial constructs in family firms

  2025cites this paper
• Socioemotional wealth and entrepreneurial orientation of family business in Bahrain: an empirical study

  2025cites this paper
• Family Firm Leader’s Socioemotional Wealth Importance Perceptions: The Influence of Negative Forms of Conflict

  2025cites this paper
• The Emotional Value Breakdown in Family Firm M&A: Economic versus Institutional Dimensions

  2025influential citation
• Trustee Mentality in Business Families as Doing Business Family

  2025cites this paper
• Emotions in family firms’ internationalisation: a review and suggestions for future research

  2025cites this paper
• The Show Must Go On: Preserving the Legacy Business through Exit in Family Business Portfolio Firms

  2025cites this paper
• Behavioral Modeling and Emotional Social Wealth and Mixed Opinions

  2025cites this paper
• Family faith, altruistic values and community CSR in family firms

  2025cites this paper
• The Perceived Utility of Owning an Agricultural Family Business: Disentangling the Role of Emotional Attachment in Divestment and Reinvestment Decisions

  2025cites this paper
• What makes a successor? Values, personality, and succession intentions in family businesses

  2025cites this paper
• Professionalization in family businesses: the role of leadership style

  2025cites this paper
• Disentangling the Intention to Use Trade Credit in Family SMEs: The Influence of Knowledge and Signals

  2024cites this paper
• It takes two to Tango - Conceptualizing the “succession dance” in family firms through social exchange theory

  2024cites this paper
• Family firms unveiled: Navigating their distinctive investment and financing decisions

  2024cites this paper
• Age Difference in the Effect of Relationship Closeness on Interpersonal Escalating Commitment

  2024cites this paper
• The influence of family members’ attachment and identification with the family business on continuity intentions. A comparison between Morocco and France

  2024cites this paper
• Tacit knowledge sharing in a Lebanese family business: the influence of organizational structure and tie strength

  2024cites this paper
• How does perception of success change between family and solo farmers: A perspective from strategic resources and entrepreneurial orientation

  2024cites this paper
• Organizational justice, turnover intentions and resilience in family and non-family businesses in the Portuguese hotel industry

  2024cites this paper
• Reconciling Socioemotional Wealth with Financial Wealth in Family Firm IPOs

  2024cites this paper
• Social Exchanges in Family Businesses: A Review and Future Research Agenda

  2024cites this paper
• A mapping of two spheres: how SEW stimulates the strategic analysis and forecast of a family firm

  2024cites this paper
• Fulfillment or status: Job seekers’ reward expectations towards family and non-family employers

  2024cites this paper
• Legacies of Shareholder Activism: The Dynamics & Consequences of Emotion in the Boardroom

  2024cites this paper
• L’influence de l’attachement et de l’identification des membres de la famille à l’entreprise familiale sur les intentions de continuité. Une comparaison entre le Maroc et la France

  2024cites this paper
• First offer pricing in small and medium-sized firm sales: Developing a scale for practitioners

  2023cites this paper
• Moving Forward by Looking Back: How Family Firms Enhance Performance by Embracing Their History

  2023cites this paper
• Family social capital as a mediator between socioemotional wealth and entrepreneurial orientation: evidence from Mexican SMEs

  2023cites this paper
• Owner-manager emotions and strategic responses of small family businesses to the COVID-19 pandemic

  2023cites this paper
• Socioemotional wealth: A systematic literature review from a family business perspective

  2023cites this paper
• The paradox between monitoring and entrenchment in a two-tier family business: The contribution of the external commitment theory

  2023cites this paper
• Greek family-business management performance: Emotionally intelligent or Machiavellian?

  2023cites this paper
• Engaging With the Category: Exploring Family Business Longevity From a Historical Perspective

  2023cites this paper
• Board diversity and corporate social performance in family firms. The moderating effect of the institutional and business environment

  2023cites this paper
• Family firm ambidexterity: the influence of paradoxical tensions and the Entrepreneurial Family’s cohesion

  2023cites this paper
• Review on intergenerational inheritance of family business

  2023cites this paper
• Kritik Atas Pandangan Inovasi-Kewirausahaan J. A. Schumpeter

  2023cites this paper
• Disentangling owners’ emotional determinants of the first-offer price for valuating small and medium-sized enterprises

  2023influential citation
• Treuhändermentalität in Unternehmerfamilien als Doing Business Family. Eine empirische Studie zum Prozess der Herstellung von Familiarität und Transgenerationalität

  2023cites this paper
• The COVID-19 Crisis and the Financial Impact on Family Firms

  2023cites this paper
• Cognitive evaluation of capital structure: Effect of cognitive factors on the debt ratio in Mexican construction industry

  2022cites this paper
• Leeds Beckett Repository

  2022cites this paper
• Green innovation in the Latin American agri-food industry: understanding the influence of family involvement and business practices

  2022cites this paper
• When does time enhance family firm performance? Examining family generation in control and family control dispersion through a mixed-gamble logic

  2022cites this paper
• Family business, servitization, and performance: Evidence from Portugal

  2022cites this paper
• Family Firm Value in the Acquisition Context: A Signaling Theory Perspective

  2022cites this paper
• Family business system dynamics in the aftermath of in-law entry: A reflection on emotions and strategic change

  2022cites this paper
• The “open family firm”: openness as boundary work in family enterprises

  2022cites this paper
• Future perspective of socioemotional wealth (SEW) in family businesses

  2022cites this paper
• Caught in the spider's web: an investigation of dysfunctional behavioural patterns in a family firm

  2022cites this paper
• Capital structure in family firms: the role of innovation activity and institutional investors

  2022cites this paper
• Family CEO affect and R&D investments of family firms: The moderation effect of family ownership structure

  2022cites this paper
• Research and innovation and the role of competition in family owned and managed firms

  2022cites this paper
• A Non-parametric Analysis of Emotional Intelligence Among Family Businesses in the Philippines

  2022cites this paper
• Emotions, identity, social bonds and commitment to the family business: moderating role of controlling generation

  2022cites this paper
• Comparative analysis of the role of strategic orientation, strategic performance metric focus and strategic audacity in driving firm performance: family businesses vs nonfamily businesses

  2022cites this paper
• When do Non-financial Goals Benefit Stakeholders? Theorizing on Care and Power in Family Firms

  2022cites this paper
• Family Business and Religion – Research Agenda

  2022cites this paper
• Emotional rhythms of power: reframing emotion rules through aesthetic modes of embodied interaction

  2022cites this paper
• Family firm ownership and its impact on performance: evidence from an emerging market

  2022cites this paper
• Time for a group hug? Toward a theory of shared emotional leadership in and of family business

  2022cites this paper
• Apám nehéz álmot ígér? – A társas-érzelmi vagyon prioritásainak változása a generációváltó családi vállalkozásokban = In the name of the father: the role the role of changing socio-emotional wealth priorities in hungarian family businesses under succession

  2022cites this paper
• A Theoretical Approach Exploring Knowledge Transmission Across Generations in Family SMEs

  2021cites this paper
• Does CEO duality affect board independence? Moderating impact of founder ownership and family blockholding

  2021cites this paper
• Formal HRM in family SMEs: the role of family-centered goals and family governance

  2021influential citation
• A Bibliometric Overview of Tourism Family Business

  2021cites this paper
• Preserving Socioemotional Wealth of Small and Medium-Sized Family Businesses: A Propose Framework

  2021cites this paper
• Generational Socioemotional Wealth and Debt Maturity: Evidence from Private Family Firms of GIPSI Countries

  2021cites this paper
• Succession as a Risk Process in the Survival of a Family Business—Case of Slovakia

  2021cites this paper
• Disassembling the influences of perceived family relational conflict on business family offspring’s intrapreneurial intentions

  2021cites this paper
• Family control and influence on JV investment – the moderating effect of JV type and IC components

  2021cites this paper
• Sustainability management in supply chains: the role of familiness

  2021cites this paper
• THE EFFECT OF EMOTIONAL VALUE ON THE VALUE OF FAMILY BUSINESS UTJECAJ

  2021influential citation
• Aspirations of Chinese families-in-business: Development of a reliable measurement instrument

  2021cites this paper
• Family Business as a Bearer of Social Sustainability in Multinationals-Case of Slovakia

  2021cites this paper
• Disassembling the influences of perceived family relational conflict on business family offspring’s intrapreneurial intentions

  2021cites this paper
• Moderating Effect of Proactivity on Firm Absorptive Capacity and Performance: Empirical Evidence from Spanish Firms

  2021cites this paper
• Family-centered goals, geographic focus and family firms’ internationalization: a study on export performance

  2021cites this paper
• The Role of the Family in Polish Family Enterprises

  2021cites this paper
• Conflict Dynamics and Emotional Dissonance during the Family Business Succession Process: Evidence from the Tunisian Context

  2021cites this paper
• It's a family affair: How social identification influences family CEO compensation

  2021cites this paper
• The postponed succession: an investigation of the obstacles hindering business transmission planning in family firms

  2021cites this paper
• JIC-12-2020-0376_proof 68..91

  2021cites this paper
• The Family Influence on Business: Czech Family Companies

  2021cites this paper
• Filling the void of family leadership: institutional support to business model changes in the Italian Industry 4.0 experience

  2021cites this paper
• Entrepreneurial orientation, concern for socioemotional wealth preservation, and family firm performance

  2021cites this paper
• Two Sides of the Same Coin—How Intra-Family Communication Affects Entrepreneurial Spirit over Generations in Family Businesses

  2021cites this paper
• Review of differences between listed and unlisted family business research trends: a corporate governance context

  2021cites this paper
• A Multidimensional Study of Absorptive Capacity and Innovation Capacity and Their Impact on Business Performance

  2021cites this paper
• An Overview of Family Business. Profiles, Definitions and the Main Challenges of the Business Life Cycle

  2020cites this paper
• Family Management and Firm Performance: The Interaction Effect of Technological Innovation Efficiency

  2020cites this paper
• A Research Framework for External Business Transfers of SMEs

  2020cites this paper
• Are Family Businesses a Good Environment for Project Management?

  2020cites this paper