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Socioemotional Wealth In Volatile, Uncertain, Complex, And Ambiguous Contexts: The Case Of Family Firms In Latin America And The Caribbean

Socioemotional wealth in volatile, uncertain, complex, and ambiguous contexts: The case of family firms in Latin America and the Caribbean

Author(s)

Gomez-Mejia, L. R., Mendoza-Lopez, A., Cruz, C., Duran, P., & Aguinis, H

Organization

Journal of Family Business Strategy

Publication

Researchgate.net

Publication Type

Academic Research

The paradoxical nature of Latin America and the Caribbean (LAC) provides unique opportunities to advance management theory. Focusing on a dominant theoretical framework, Socioemotional Wealth (SEW), we argue that basic contextual features of LAC, namely the concept of extended family and the volatile, uncertain, complex, and ambiguous environment, make business families “SEW intensive” and “SEW sensitive”.

IE UNIVERSITY