作者:Souder, David; Zaheer, Akbar; Sapienza, Harry; Ranucci, Rebecca
作者单位:University of Connecticut; University of Minnesota System; University of Minnesota Twin Cities; University of Minnesota System; University of Minnesota Twin Cities; University of Hartford
摘要:Research summary: In family businesses, investment decisions often involve both socioemotional wealth and economic considerations. Focusing on new technology adoption, we argue that multiple dimensions of socioemotional wealth contribute to complex effects within different types of family firms-depending on the level of family control-as well as in contrast to non-family firms. Results based on cable TV operators from 1983 to 1987 confirm that family ownership correlates negatively with techno...