Socioemotional wealth (SEW) across borders: Integrating national context into SEW research

This study addresses the challenges associated with integrating the national context into socioemotional wealth (SEW) research and highlights the consequences of overlooking contextual variations. We emphasize two critical issues: inadequate testing of SEW assumptions and threats to the construct va...

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Detalles Bibliográficos
Autores: Sanchez-Famoso, Valeriano, Cruz, Cristina, Batterjee, Mohamed Mazen, Mejia-Morelos, Jorge-Humberto, Cisneros, Luis, Le, Nhu Tuyen
Tipo de recurso: artículo
Fecha de publicación:2025
País:España
Institución:IE
Repositorio:Repositorio IE
OAI Identifier:oai:repositorio.ie.edu:20.500.14417/4226
Acceso en línea:https://doi.org/10.1016/j.jfbs.2024.100647
https://hdl.handle.net/20.500.14417/4226
https://www.sciencedirect.com/science/article/pii/S1877858524000421
Access Level:acceso abierto
Palabra clave:53 Ciencias Económicas::5311 Organización y dirección de empresas
ODS 8 - Trabajo decente y crecimiento económico
SEW
FIBER scale
Context research
Measurement invariance
Cross-country comparison
Descripción
Sumario:This study addresses the challenges associated with integrating the national context into socioemotional wealth (SEW) research and highlights the consequences of overlooking contextual variations. We emphasize two critical issues: inadequate testing of SEW assumptions and threats to the construct validity of SEW measurement. We recommend that cultural and institutional aspects of the national context should be incorporated to understand how family owners prioritize SEW dimensions, and how their willingness trades off current SEW wealth for prospective financial gains. We also conduct an exploratory study measuring the FIBER scale in Canada, Mexico, Saudi Arabia, Spain, and Vietnam. We survey 1464 family owners to enhance SEW construct validity by probing the cross-country measurement invariance of the FIBER scale. Furthermore, we conduct comparative research to investigate how cultural and institutional aspects shape the FIBER dimensions across national contexts.