Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/15010
Title: CEO's empathy and salience of socioemotional wealth in family SMEs The moderating role of external directors
Authors: Goel, Sanjay
VOORDECKERS, Wim 
VAN GILS, Anita 
VAN DEN HEUVEL, Jeroen 
Issue Date: 2013
Publisher: ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
Source: ENTREPRENEURSHIP AND REGIONAL DEVELOPMENT, 25 (3-4), p. 111-134
Abstract: A focus on preserving socioemotional wealth may influence entrepreneurial activities in family firms. In this paper, we identify the emotion of empathy in the family CEO as an antecedent of socioemotional wealth creation. We argue that the presence of one or more external directors can have a direct as well as moderating influence on the relationship between CEO's empathy and the salience of socioemotional wealth to the family CEO. Our empirical tests confirm these hypotheses. Several areas of future research are suggested to incorporate empathy and other emotions in family business studies.
Notes: Voordeckers, W (reprint author),[Goel, Sanjay] Univ Minnesota Duluth, Labovitz Sch Business & Econ, Duluth, MN 55812 USA. [Voordeckers, Wim] Hasselt Univ, KIZOK Res Ctr, B-3590 Diepenbeek, Belgium. [van Gils, Anita] Maastricht Univ, Org & Strategy Dept, NL-6200 MD Maastricht, Netherlands. [van den Heuvel, Jeroen] ConQuaestor Management Consulting, NL-3528 BE Utrecht, Netherlands. wim.voordeckers@uhasselt.be
Keywords: CEO empathy; board of directors; socioemotional wealth; family businesses;Business; Planning & Development; CEO empathy; board of directors; socioeconomical wealth; family businesses
Document URI: http://hdl.handle.net/1942/15010
ISSN: 0898-5626
e-ISSN: 1464-5114
DOI: 10.1080/08985626.2012.710262
ISI #: 000316072500001
Category: A1
Type: Journal Contribution
Validations: ecoom 2014
Appears in Collections:Research publications

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