Abstract
Family firms are the most prevalent form of economic organization in the world, but despite their reputation for resilience and agility, many of them are facing enormous challenges due to the Covid-19 pandemic. In this essay, we examine how the pressures to respond to this health emergency are affecting the ability of family firms to preserve their socioemotional wealth (SEW). In addition, we also provide implications for family business research in a post-Covid world.
Original language | English (US) |
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Pages (from-to) | 249-257 |
Number of pages | 9 |
Journal | BRQ Business Research Quarterly |
Volume | 24 |
Issue number | 3 |
DOIs | |
State | Published - 2021 |
Keywords
- Covid-19
- Family firms
- crisis
- pandemic
- socioemotional wealth
ASJC Scopus subject areas
- Business and International Management
- General Business, Management and Accounting
- Economics and Econometrics
- Strategy and Management