An Organizational Economics Approach On The Pursuit Of Socioemotional And Financial Wealth In Family Firms Are These Competing Or Complementary Objectives?
MANAGEMENT RESEARCH-THE JOURNAL OF THE IBEROAMERICAN ACADEMY OF MANAGEMENT(2016)
摘要
Purpose - The purpose of this study is to analyze the contribution of the paper by Martin and Gomez-Mejia and propose complementary approaches and ways to test their hypotheses.Design/methodology/approach - This study compares different theoretical approaches that complement socioemotional wealth to explain manager's decisions and firm performance.Findings - The authors of this study argue that progress could be achieved by combining Martin and Gomez-Mejia's propositions with elements of existing organizational theories that are grounded on economics such as the resource-based view, transactional cost and property rights.Originality/value - This study provides a new perspective of the work of Martin and Gomez-Mejia published in this issue.
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关键词
Property rights, Family firms, Endogeneity, Transaction cost, Socioemotional wealth
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