Socioemotional Wealth across the Family Firm Life Cycle: A Commentary on “Family Business Survival and the Role of Boards”

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What do we know about entrepreneurial finance and its relationship with growth? (2015, background): “…family firms with underlying growth prospects may be reluctant to draw upon external funding that either dilutes family ownership, or involves assuming debt potentially putting family ownership at risk should there be difficulties in servicing the debt (Le Breton-Miller and Miller, 2013).”
A Closer Look at Socioemotional Wealth: Its Flows, Stocks, and Prospects for Moving Forward (2015, background): “…business scholars have argued that the valences of FCNE benefits and SEW stock may be context and time dependent (Cruz, Larraza-Kintana, Garcés-Galdeano, & Berrone, 2014; Kellermanns, Eddleston, & Zellweger, 2012; Le Breton-Miller & Miller, 2013; Naldi, Cennamo, Corbetta, & Gómez-Mejía, 2013).”