Josh Wei-Jun Hsueh

Former Member

Title

Prof. PhD

Last Name

Hsueh

First name

Josh Wei-Jun

Phone

+41 71 224 20 61

Google Scholar

https://scholar.google.ch/citations?user=3b2toSIAAAAJ&hl=en

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Virtue Ethics, Values of the Founders, and Organizational Growth

(Palgrave Macmillan, 2019-09-15)
Hsueh, Josh
;
Wehrmeyer, Walter
;
Looser, Stéphanie
;
Del Baldo, Mara

This chapter provides a theoretical model to explain the heterogeneity of family businesses regarding sustainability activities. Family business scholars tend to argue that the non-financial goals of family businesses, through the construct of socio-emotional wealth (SEW), would motivate a family business to adopt more a proactive sustainability strategy than a non-family business that is driven by the financial goal. However, studies have mixed supports when scholars rarely consider that family businesses have both financial and non-financial goals and their importance are contingent upon the life-stage of the firm. In this chapter, I propose a temporal framework that differentiates family businesses at three stages – founding, post-founder, and cousin consortia – in which the alignment between financial and SEW goals varies, and thus changes the focus of a family business’ sustainability strategy. It discusses the critical role of the temporal factor when examining sustainability strategies of family businesses.

Type: book section

URL: https://link.springer.com/chapter/10.1007/978-3-030-21037-3_11

DOI: 10.1007/978-3-030-21037-3_11

URI: https://www.alexandria.unisg.ch/handle/20.500.14171/98224

Scopus© Citations 1