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The Family Ties That Bind: Essays That Examine And Extend The Microfoundations Of Socioemotional Wealth Theory, David Scott Jiang
The Family Ties That Bind: Essays That Examine And Extend The Microfoundations Of Socioemotional Wealth Theory, David Scott Jiang
Doctoral Dissertations
In this dissertation, I examine and extend the microfoundations of socioemotional wealth (SEW) theory. While burgeoning research finds that a focus on SEW, or a controlling family’s stock of nonfinancial and affective utilities in a firm, predicts unique family firm outcomes, we know surprisingly little about emotion and family dynamic’s assumed causal roles in these unique outcomes. I address these theoretical needs with five related essays. In the first essay, I review the extant SEW literature, identifying unexamined cognitive, affective, motivational, and social assumptions in theoretical arguments and integrating psychological research to offer new directions for studying the microfoundations of …