A1 Journal article (refereed), original research

Family Ownership Goals and Socioemotional Wealth: Evidence from Finnish Family Firms

Publication Details
Authors: Torchia Mariateresa, Rautiainen Marita, Calabrò Andrea, Ikäheimonen Tuuli, Pihkala Timo, Ikävalko Markku
Publisher: World Scientific Publishing
Publication year: 2018
Language: English
Related Journal or Series Information: Journal of Enterprising Culture
Volume number: 26
Issue number: 2
Start page: 207
End page: 224
Number of pages: 18
ISSN: 0218-4958
eISSN: 1793-6330
JUFO-Level of this publication: 1
Open Access: Not an Open Access publication


By focusing on family owners’ perceptions and dynamics the aim of this paper is to understand the specific goals associated to their ownership status and whether and to what extend they impact on family firms’ growth and continuity. We use survey data on Finnish family firms and identify a set of differentiated family owners’ goals. Our findings contribute to the debate on differentiating socioemotional wealth by untangling the existence of variations in family principals’ goal setting and the importance to also consider that financial motives could determine family owners’ goals.

Last updated on 2019-13-03 at 12:00