TY  - CHAP
AB  - This chapter takes a socioemotional wealth (SEW) perspective to explain the adoption of human resource (HR) practices in family-controlled firms. Previous studies on human resource management (HRM) in family firms have focused only on a small range of HR practices and have rarely utilized strong conceptual frameworks. As a result, these studies have overlooked important factors that contribute to the distinctiveness of HRM in these organizations. Based on ample evidence that shows family businesses' preference for non-economically motivated objectives collectively labeled as SEW, we propose that the presence of SEW influences HR practices in family firms.Consequently, we reexamine existing empirical evidence of the determinants of HRM in family-controlled firms under the SEW approach. We also reinterpret existing theoretical models of family-controlled firms and their implications for HRM under the SEW umbrella. Our final goal is to establish an integrated framework through a set of sound propositions on HRM in family businesses. By integrating the literature, we aim to fill theoretical gaps in our understanding of the determinants of HR practices in the family business context and direct future research in this area.
VL  - 30
SN  - 978-0-85724-554-0, 978-0-85724-553-3/0742-7301
DO  - 10.1108/S0742-7301(2011)0000030006
UR  - https://doi.org/10.1108/S0742-7301(2011)0000030006
AU  - Cruz Cristina
AU  - Firfiray Shainaz
AU  - Gomez-Mejia Luis R.
ED  - Aparna Joshi
ED  - Hui Liao
ED  - Joseph J. Martocchio
PY  - 2011
Y1  - 2011/01/01
TI  - Socioemotional Wealth and Human Resource Management (HRM) in Family-Controlled Firms
T2  - Research in Personnel and Human Resources Management
T3  - Research in Personnel and Human Resources Management
PB  - Emerald Group Publishing Limited
SP  - 159
EP  - 217
Y2  - 2024/04/25
ER  -