Quotation Hauck, Jana, Süss-Reyes, Julia, Beck, Susanne, Prügl, Reinhard, Frank, Hermann. 2015. Socioemotional wealth: Validating and re-defining the FIBER scale. EURAM, Warschau, Polen, 17.06.-20.06.


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Abstract

In this paper we build on the important work of Berrone et al. (2012) who proposed a long-needed direct measurement scale for socioemotional wealth (SEW) in family firms. We take the logical next step by applying standard scale validation procedures for this highly cited but yet not tested SEW scale. We describe the results of a first step in validating the FIBER scale from two studies with different sample characteristics of family firms in a similar context (Austria and Germany) using a total of 356 respondents. Our results show that the scale performs differently dependent on sample characteristics. Based on these insights we propose a more parsimonious version of the scale consisting of nine items along three dimensions that seems to work independently of typical differential characteristics in family firm samples (e.g. generational stage, age and size of the family firm).

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Socioemotional wealth: Validating and re-defining the FIBER scale
Event EURAM
Year 2015
Date 17.06.-20.06
Country Poland
Location Warschau
URL http://euram-online.org/programme.html

Associations

People
Süss-Reyes, Julia (Former researcher)
Frank, Hermann (Details)
External
Beck, Susanne (Friedrichshafener Institut für Familienunternehmen, Zeppelin Universtität, Germany)
Hauck, Jana (Friedrichshafener Institut für Familienunternehmen, Zeppelin Universtität, Germany)
Prügl, Reinhard (Friedrichshafener Institut für Familienunternehmen, Zeppelin Universtität, Germany)
Organization
Institute for Small Business Management and Entrepreneurship IN (Details)
Research Institute for Family Business FI (Details)
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