Quotation Hauck, Jana, Süss-Reyes, Julia, Beck, Susanne, Prügl, Reinhard, Frank, Hermann. 2016. Measuring socioemotional wealth in family-owned and -managed firms: A validation and short form of the FIBER Scale. Journal of Family Business Strategy 7 (3), 133-148.


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Abstract

Socioemotional wealth (SEW) is a key concept in family business research. The proposed FIBER scale as a direct and multidimensional measure of SEW is therefore a significant research achievement. We refined the scale by validating and thereby shortening it, using a sample of 216 family-owned and -managed firms with up to 500 employees in the German-speaking area. The validation reveals different degrees of validity across the five FIBER dimensions, resulting in a revised short form called the REI scale that comprises nine items that measure the core affective endowments a family may derive from controlling a firm. Based on our empirical validation, we discuss theoretical implications for the further development of a sound SEW measure.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of Family Business Strategy
Citation Index SSCI
WU-Journal-Rating new STRAT-C
Language English
Title Measuring socioemotional wealth in family-owned and -managed firms: A validation and short form of the FIBER Scale
Volume 7
Number 3
Year 2016
Page from 133
Page to 148
Reviewed? Y
URL http://www.sciencedirect.com/science/article/pii/S1877858515300218
DOI http://dx.doi.org/10.1016/j.jfbs.2016.08.001

Associations

People
Süss-Reyes, Julia (Former researcher)
Frank, Hermann (Details)
External
Beck, Susanne (Zeppelin University Friedrichshafen, Germany)
Hauck, Jana (Zeppelin University Friedrichshafen, Germany)
Prügl, Reinhard (Zeppelin University Friedrichshafen , Germany)
Organization
Research Institute for Family Business FI (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5300 Economics (Details)
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