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Detecting the key role of the family in explaining corporate heritage use in family firms

Author

Listed:
  • Giorgia Maria D’Allura

    (University of Catania)

  • Fabio Quarato

    (Bocconi University)

  • Giovanni Battista Dagnino

    (University of Rome LUMSA)

  • Elisabetta Merlo

    (ICRIOS, Bocconi University)

Abstract

This paper looks at the socioemotional wealth (SEW) priorities to reveal how family involvement in the firms affects their use of heritage as a marketing signal, thereby leading to a corporate heritage identity. Built considering the distinction between extended and restricted family’s SEW framework, we find a direct relationship between the presence of a family CEO and the use of heritage, that is moderated by the family involvement in the board and by the generational stage. Our empirical analysis employs a quantitative approach applied to a sample of medium- and large-sized firms examined over the period from 2000 to 2016.

Suggested Citation

  • Giorgia Maria D’Allura & Fabio Quarato & Giovanni Battista Dagnino & Elisabetta Merlo, 2025. "Detecting the key role of the family in explaining corporate heritage use in family firms," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 29(3), pages 635-667, September.
    • Handle: RePEc:kap:jmgtgv:v:29:y:2025:i:3:d:10.1007_s10997-024-09709-9
    DOI: 10.1007/s10997-024-09709-9
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