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.

School-linked comprehensive services for children and families : what we know and what we need to know /

Based on the fall 1994 "Working Conference on School-linked Comprehensive Services for Children and Families: What We Know and What We Need to Know" held near Dulles Airport, outside of Washington, D.C.

Principles of programing: II. : Champaign community unit school district number 4 high schools /

Project No. 711151.01.

A research in family law,

"During the course of the last several years the first and the third of these functional divisions of substantive law have been blocked out and developed ... by the members of the faculty of the Columbia law school. Practically the entire field of family law, however, had to be explored anew. The report which we hereby submit is the first step in this field of exploration. A grant of $25,000 was secured from the Laura Spelman Rockefeller memorial foundatin."--p. 4.

Family values for democratic living : a home economics course designed for high school seniors by the University of the State of New York, the State Education Department, Bureau of Home Economics, Albany.

Mode of access: Internet.

Mental retardation : plans for the future : public awareness, prevention, family and community service, systems simplification, full citizenship, international activities.

"15th annual report of the President's Committee on Mental Retardation."--T.P. verso.

The fourth reader of the School and family series /

Mode of access: Internet.

Citizens plan for the future of their schools; a survey of the Champaign County Community Unit Four school system,

v. 1. Resources and responsibilities.--v. 2. Program and procedures.--v. 3. Proposals and plans.

Planning rural community school buildings /

"Sponsored by National Council of Chief State School Officers."

Census of high school students enrolled in community college courses for high school credit : findings and data tables.

"Sections 3-14.27,10-21.4 and 34-8 of the School Code (105 ILCS 5/3-14.27,10-21.4 and 5/34-8 require all public school district superintendents to report to their regional superintendents the number of high school students who are enrolled in community college courses for which high school credit is awarded. These data are to be provided by the regional superintendents to the State Board of Education in February of each year."

Children and family services institutions and community services to the visually handicapped, fiscal year ending June 30, 1963 /

On cover: Annual report, 1963.