Open AccessSEW: Looking for a definition and controversial issues
Author(s) -
María J. MartínezRomero,
Alfonso A. Rojo Ramírez
Publication year - 2016
Publication title -
european journal of family business
Language(s) - English
Resource type - Journals
eISSN - 2444-8788
pISSN - 2444-877X
DOI - 10.24310/ejfbejfb.v6i1.5042
Subject(s) - conceptualization , socioemotional selectivity theory , comprehension , principal (computer security) , value (mathematics) , point (geometry) , term (time) , sociology , psychology , epistemology , computer science , mathematics , artificial intelligence , philosophy , developmental psychology , geometry , machine learning , programming language , physics , quantum mechanics , operating system
This paper analyses the Socioemotional Wealth (SEW) theory to manage a better comprehension of this relatively new approach. For achieving our objective, we review previous research about SEW and gather all the given definitions of this term. We also make our own conceptualization of it. Moreover, we discuss three controversial issues related to this approach: the relationship between SEW and Emotional Value, situations that could lead to different SEW levels, and the effects of ownership and management in the SEW of a family firm. Finally, we point out the principal challenges it poses for researchers.