From “FIBER” to “FIRE”: construct validation and refinement of the socioemotional wealth scale in family firms

Lucia Naldi, Mattias Nordqvist, Francesco Chirico, Luis Gómez-Mejia, Blake E. Ashforth, Richard Swartz, Leif Melin

Research output: Contribution to journalArticlepeer-review

Abstract

The socio-emotional wealth perspective is a framework widely used to examine managerial decisions, particularly within the field of family business. We evaluate, refine, and validate the FIBER 27-item scale developed by Berrone et al. (2012) as a psychometric instrument to measure the socioemotional wealth construct (SEW), defined as affective endowment embedded by family owners in their business. The findings suggest that SEW is a superordinate multidimensional construct that captures socioemotional utilities in family firms and their impact on financial performance.
Original languageEnglish
JournalEntrepreneurship and Regional Development
DOIs
Publication statusE-pub ahead of print - 15 Mar 2024

Keywords

  • Socio-emotional wealth
  • family business
  • FIBER
  • FIRE
  • firm performance
  • scale validation

Fingerprint

Dive into the research topics of 'From “FIBER” to “FIRE”: construct validation and refinement of the socioemotional wealth scale in family firms'. Together they form a unique fingerprint.

Cite this