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A Socioemotional Wealth Perspective On Innovativeness And Performance Of Family Businesses., Vasiliki Kosmidou

Electronic Theses and Dissertations

This dissertation is a theoretical and empirical examination of the relationships among socioemotional wealth, innovativeness, and performance in family firms. Building on the Behavioral Agency Theory’s predictions that socioemotional wealth of family firms may affect their strategic decision making both positively and negatively, this study theoretically develops and tests a research model that aims at understanding the nuanced influences of different socioemotional wealth dimensions on firm innovativeness and performance. Specifically, the study hypothesizes that a family’s socioemotional wealth affects the firm’s innovativeness and performance both negatively, in the case of internal socioemotional wealth and positively, in the case of external …