Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/43308
Title: The setting of non-financial goals in the family firm: the influence of family climate and identification
Authors: Cabrera Suárez, María Katiuska 
Déniz Déniz, María de la Cruz 
Martín Santana, Josefa Delia 
UNESCO Clasification: 5311 Organización y dirección de empresas
Keywords: Empresas familiares
Issue Date: 2014
Publisher: 1877-8585
Journal: Journal of Family Business Strategy 
Abstract: The article contributes to the literature on socioemotional wealth by analysing the drivers of non-financial goals in the family firm. We draw from family system and social identity literature to analyse how family dynamics affect the setting of non-financial goals suggesting that this influence is mediated by the family's degree of identification with the firm. More specifically, we propose that a positive family climate in terms of cohesion, open communication and intergenerational attention generates a greater identification of the family with the firm. In turn, identification leads the firm to adopt value creation goals specific to the family or non-financial goals. Data obtained from 374 members of TMTs in 173 Spanish private family firms allow for the confirmation of these expectations.
URI: http://hdl.handle.net/10553/43308
ISSN: 1877-8585
DOI: 10.1016/j.jfbs.2014.05.003
Source: Journal of Family Business Strategy[ISSN 1877-8585],v. 5, p. 289-299
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