A carregar...
Publicação
Socioemotional wealth (SEW) and its impact on family firms´financial performance - a quantitative study in Asia
| Nome: | Descrição: | Tamanho: | Formato: | |
|---|---|---|---|---|
| 805.73 KB | Adobe PDF |
Autores
Orientador(es)
Resumo(s)
This paper studies the importance of Socioemotional Wealth (SEW) for family-ownedfirms and examines one of the dimensions of SEW model, Family Control and Influenceon the firm’s financial performance in eight selected Asian countries: Japan, South Korea, India, China, Hong Kong, Philippines, Taiwan and Malaysia. The secondary data is taken from the period of 2015 –2017with a total sample size of 122selected public family owned and non-family owned firms. The results show that the financial performance of family owned firms does not differ much from the financial performance of non-family owned firms. Furthermore, the analysis shows a light positive effect of Socioemotional Wealth (SEW) on the financial performance of family-owned firms in the selected Asian countries.
Descrição
Palavras-chave
Family firms Non-family firms Ownership Socioemotional wealth Family controland influence Financial performance