The Impact of Relationship Conflict on subjective Family Firm Valuation

The present paper empirically investigates the impact of family relationship conflict on subjective firm valuation by family firm owner managers. Drawing on the emerging socioemotional wealth perspective of corporate ownership, we find a U-shaped relationship between relationship conflict inside the family firm and subjective family firm valuation. This finding suggests that negatively valenced emotions induced by the conflict, at low levels of conflict, lead to emotion congruent withdrawal behavior and hence lower valuation. With conflicts gaining in fervor and severity, owner-managers start endowing and pricing sunk costs related to the conflict. This finding suggests that emotions do indeed have spill-over effects on monetary value perceptions and that negatively valenced emotions induced by relationship conflict are not linearly appraised. Rather, to understand the impact of negative emotions on corporate ownership appraisal and attachment it is required to reconcile the emotion congruency with the prospect theory perspective.

Profiler training manual #4 : subjective uses of wind profiler data in cool season analysis and forecasting /

"December 1989."

Classification of Iroquoian radicals with subjective pronominal prefixes,

At head of title: Canada. Department of Mines. Geological Survey.

Über die durch subjective Zustände der Sinne begruendeten Täuschungen des Bewusstseins : von Alexander Bottex, Arzte am Krankenhause de l'Antiquaille zu Lyon ... /

Pamphlet.

The subjective logic of Hegel.

Mode of access: Internet.

Norm Daniels, UM Men's Basketball, 1929-1932

[white outline crop marking in original digitally removed.]

Norm Daniels, Wesleyan football coach

[l-r] captain Fred Wenner, Coach Norm Daniels, captain Jack Geary

Measurement of subjective phenomena /

"Issued October 1981."