Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/23462
Title: Socio-emotional wealth separation and decision making quality in family firm TMTs: The moderating role of psychological safety
Authors: VANDEKERKHOF, Pieter 
STEIJVERS, Tensie 
HENDRIKS, Walter 
VOORDECKERS, Wim 
Issue Date: 2018
Source: JOURNAL OF MANAGEMENT STUDIES, 55 (4), p. 648-676
Status: Early View
Abstract: Socio-emotional wealth (SEW), defined as the firm's non-financial aspects meeting the family's affective needs, has become the dominant paradigm in family firm research. Recent debate acknowledges potential SEW heterogeneity within family firms. This study considers the effect of polarizing opinions on SEW preservation among TMT members as a source of separation in the TMT. More concretely, we study the effect of SEW separation on TMT decision making quality, while taking into consideration behavioral integration as a team process and psychological safety as a team context. Based on a unique multiple respondent sample of 300 managers from 55 Belgian private family firms, we find that behavioral integration mediates the negative effect of SEW separation on TMT decision making quality. In addition, we find that the negative effect of SEW separation on behavioral integration is mitigated by psychological safety and even turns into a positive effect at high levels of psychological safety. This article is protected by copyright. All rights reserved.
Notes: Vandekerkhof, P (reprint author), Hasselt Univ, Agoralaan,Bldg D, B-3590 Diepenbeek, Belgium. pieter.vandekerkhof@uhasselt.be
Keywords: behavioral integration; psychological safety; separation; socio-emotional wealth; top management teams
Document URI: http://hdl.handle.net/1942/23462
Link to publication: https://www.researchgate.net/publication/315949853_Socio-Emotional_Wealth_Separation_and_Decision-Making_Quality_in_Family_Firm_TMTs_The_Moderating_Role_of_Psychological_Safety
ISSN: 0022-2380
e-ISSN: 1467-6486
DOI: 10.1111/joms.12277
ISI #: 000432014600003
Rights: (C) 2017 John Wiley & Sons Ltd and Society for the Advancement of Management Studies
Category: A1
Type: Journal Contribution
Validations: ecoom 2019
Appears in Collections:Research publications

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