Measuring Socioemotional Wealth in Family-owned and -managed Firms: A Validation and Short Form of the FIBER Scale

Jana Hauck, Julia Suess-Reyes, Susanne Beck, Reinhard Prügl, Hermann Frank

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Abstrakt

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.
OriginalsprogEngelsk
TidsskriftJournal of Family Business Strategy
Vol/bind7
Udgave nummer3
Sider (fra-til)133-148
Antal sider16
ISSN1877-8585
DOI
StatusUdgivet - sep. 2016
Udgivet eksterntJa

Emneord

  • Family firm
  • Socioemotional wealth (SEW)
  • Scale validation
  • FIBER scale
  • REI scale
  • Affective endowment

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