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 impacting 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 |
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Pages (from-to) | 249-257 |
Number of pages | 9 |
Journal | BRQ Business Research Quarterly |
Volume | 24 |
Issue number | 3 |
Early online date | 15 Apr 2021 |
DOIs | |
Publication status | Published - 1 Jul 2021 |
Bibliographical note
FundingThe author(s) received no financial support for the research, authorship, and/or publication of this article.
Keywords
- family firms
- socioemotional wealth (SEW)
- Covid-19
- pandemic
- crisis