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Strategic Management in Family Firms

Family firms often strive not only for increasing financial performance. Beyond the financial aspects, also non-financial socioemotional criteria play a role in their decision-making process. 

Our research in the area of strategic management in family firms comprises the following aspects:

• Socioemotional Wealth and Emotional Value in Family Firms
• Mergers & Acquisitions in Family Firms
• Divestment Activity of Family Firms
• Institutional Complexity in Family Firms
• Corporate Social Responsibility in Family Firms


Selected Publications

Banalieva, E., Eddleston, K. H.,Zellweger, T. (2014). When do family firms have an advantage in transitioning economies? Toward a dynamic institution-based view. In: Strategic Management Journal, 36 (9), 1358-1377, DOI:10.1002/smj.2288.

Foss, NJ, Klein, PG, Lien, LB, Zellweger, T, Zenger, T (2020). Ownership competence. Strategic Management Journal; 1– 27. https://doi.org/10.1002/smj.3222

Gomez-Mejia, L. R., Patel, P. C., & Zellweger, T. M. (2015). In the Horns of the Dilemma Socioemotional Wealth, Financial Wealth, and Acquisitions in Family Firms. In: Journal of Management, Forthcoming, DOI: 10.1177/0149206315614375.

Hsueh, J. & Gomez-Solorzano, M. (2018). Social Tie Heterogeneity and Firms’ Networking Strategy. In:Entrepreneurship Theory and Practice, ISSN 1042-2587

Hsueh, J. (2018). Governance Structure and the Credibility Gap: Experimental Evidence on Family Businesses' Sustainability Reporting. In: Journal of Business Ethics. 153 (2), 547-568, DOI: 10.1007/s10551-016-3409-y.

Kellermanns, F. W., Eddleston, K. H., & Zellweger, T. (2012). Extending the Socioemotional Wealth Perspective: A Look at the dark Side. Entrepreneurship: Theory and Practice, 36(6), 1175-1182, DOI:10.1111/j.1540-6520.2012.00544.x.

Neckebrouck, J., Schulze, B., & Zellweger, T. (2018). Are family firms good employers? In: Academy of Management Journal. 61(2), 553-585, DOI.10.5465/amj.2016.0765

Richards, M. M., Zellweger, T.M., & Gond, J.-P. (2016). Maintaining moral legitimacy through worlds and words: An explanation of firms' investment in sustainability certification. In: Journal of Management Studies, 54 (5), 676-710, DOI: 10.1111/joms.12249.

Rousseau, M. B.,Kellermanns, F. W.,Zellweger, T. &Beck, T. (2019).Relationship Conflict, Family Name Congruence, and Socioemotional Wealth in Family Firms.In: Family Business Review, ISSN 0894-4865

Schulze, W: S. & Zellweger, T. M. (2020). Property Rights, Owner-Management, and Value Creation. In: Academy of Management Review, ISSN 0363-7425

Zellweger, T., Chrisman, J., Chua, J. & Steier, L. (2019). Social structures, social relationships, and family firms. In: Entrepreneurship theory and practice: 43 (2), 207-223, DOI10.1111/j.1540-6520.2009.00338.x 

Zellweger, T., Nason, R. S., Nordqvist, M., & Brush, C. (2013). Why Do Family Firms Strive for Nonfinancial Goals? An Organizational Identity Perspective. Entrepreneurship Theory & Practice, 37(2), 229-248, DOI:10.1111/j.1540-6520.2011.00466.x.

Zellweger, T., & Astrachan, J. H. (2008). On the Emotional Value of owning a Firm. Family Business Review, 21(4), 347-365.

  

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  • Lecture "Family Business"
  • Seminar for Family Firms
  • St.Galler Finance Forum
Contact

CFB-HSG
Dufourstrasse 40a
9000 St.Gallen
Phone: +41 71 224 71 00


Thomas Zellweger

Email:








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Navigation
  • Search
  • Language
    Deutsch
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  • Login
  • EN-Universität spezifische Links
    • Newsletter
    • Sitemap
    • Kontakt
  • About us
  • Research
  • Teaching
  • Exec. Ed. & Transfer
  • Tools & Insights
  • Map
  • Team
  • Research Fellows
  • Supporter
  • Family Business Club
  • Open positions
  • Related Links
  • Supporter Club
  • Sponsoring
  • Links
  • Universities
  • Initiatives and platforms
  • Owners as Strategists – Academic Day
  • Our main research categories
  • GUESSS
  • Global Family Business Index
  • Knowledge bases
  • European Family Business Research Centers Network
  • Strategic Management
  • Entrepreneurship & Innovation
  • Succession
  • Governance
  • textbooks
  • lectures
  • Bachelor and Master Theses
  • Dissertations
  • Managing the Family Business
  • Entrepreneurship
  • Corporate and Business Development in Southeast Asia
  • International Entrepreneurship
  • Family Business
  • Management of small and mid-sized Businesses
  • Business Succession
  • Owners as Strategists – Practitioner Day
  • St. Galler Owner Manager Forum
  • Family Firms in Dialogue
  • Family Business Tools
  • Family Business Videos
  • Managing the Family Business
  • Das St.Galler Nachfolge-Modell
  • Book launch Singapur
  • Critical Acclaim