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.

The law relating to the duties on land values and mineral rights and to the valuation of the same , being part I of the Finance (1909-1910) act, 1910, with the incorporated enactments, full explanatory notes and a practical introduction

Half-title: Konstam's law of land values.

Valuation of noncash benefits [microform] : hearing before the Subcommittee on Census and Population of the Committee on Post Office and Civil Service, House of Representatives, One Hundredth Congress, second session, March 22, 1988.

"Serial no. 100-50."

Detailed exhibits of the physical property and intangible values of the South Chicago City Railway Company as of February 1, A.D. 1908; accompanying the valuation report submitted to the Committee on Local Transportation of the Chicago City Council,

"March, 1908."

Instructions for field work of the roadway branch of the engineering section of the Division of Valuation, Interstate Commerce Commission.

Mode of access: Internet.

The Testing and valuation of raw materials used in paint and colour manufacture.

Mode of access: Internet.

The manual of colours and dye wares : their properties, applications, valuation, impurities and sophistications : for the use of dyers, printers, drysalters, brokers, etc. /

Includes index.

Farm appraisal : classification and valuation of farm land and buildings /

Includes bibliographies.

Farm appraisal : classification and valuation of farm land and buildings /

Includes bibliographies.

Final hearing on railway valuation in Wisconsin for assessment for 1903 on September 13th, 1904 : Chicago & North Western Railway Company, Chicago Burlington & Quincy Railway Company, Chicago Milwaukee & St. Paul Railway Company, Chicago St. Paul Minneapolis & Omaha Railway Company.

Mode of access: Internet.

Valuation : its nature and laws, being an introduction to the general theory of value /

Imprint covered by label of G. Allen & Unwin, ltd.

Estimated valuation of national wealth 1850-1912.

Mode of access: Internet.

Farm appraisal and valuation.

Previous editions published under title: Farm appraisal; classification and valuation of farm land and buildings.

Tariffs in certain foreign countries. Letter from the secretary of the United States Tariff commission transmitting copies of material prepared by the Tariff commission showing tariff increases in foreign countries; method of valuation for ad valorem duties; and duties levied in foreign countries on agricultural commodities from the United States ....

Ordered to lie on the table and to be printed, September 9 (calendar day, September 13), 1929.

The form of process, before the Lords of Council and Session, observed in advocations, ordinary actions, suspensions : shewing also, the manner of making protestations for remedy in law, and how summons thereon was brought before the Parliament of Scotland : and the way how, since the union, such process is laid before the House of Peers : with the form of process before the Lords of Session, as commissioners appointed by Parliament, for plantation of kirks, valuation and sale of tythes : to all which is prefix'd the present state of the College of Justice, giving an account of the members thereof, and of the order observed by the Lords of Session in judging causes : with the fees and prices of writs paid to the several offices and members of the session : written for the use of students in Spotiswood's College of Law /

Mode of access: Internet.