Abstract
Socioemotional wealth (SEW) is a key concept in family business research. The proposed FIBER scale as a direct and multidimensional measure of SEW is therefore a significant research achievement. We refined the scale by validating and thereby shortening it, using a sample of 216 family-owned and -managed firms with up to 500 employees in the German-speaking area. The validation reveals different degrees of validity across the five FIBER dimensions, resulting in a revised short form called the REI scale that comprises nine items that measure the core affective endowments a family may derive from controlling a firm. Based on our empirical validation, we discuss theoretical implications for the further development of a sound SEW measure.
Originalsprog | Engelsk |
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Tidsskrift | Journal of Family Business Strategy |
Vol/bind | 7 |
Udgave nummer | 3 |
Sider (fra-til) | 133-148 |
Antal sider | 16 |
ISSN | 1877-8585 |
DOI | |
Status | Udgivet - sep. 2016 |
Udgivet eksternt | Ja |
Emneord
- Family firm
- Socioemotional wealth (SEW)
- Scale validation
- FIBER scale
- REI scale
- Affective endowment