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Socioemotional Wealth (FIBER short)

StrategyReliability: alpha 0.863 sample items

About this scale

A multi-item measure of socioemotional wealth (SEW) in family firms across five dimensions: family control, identification, social ties, emotional attachment, and renewal across generations.

Sample item(s)

“The family has a strong sense of pride in the business (identification)”
“The business is closely tied to the family's identity (identification)”
“Strong emotional bonds among family members affect business decisions (emotional)”

Reliability

Reported internal consistency: alpha 0.86. As a rule of thumb, Cronbach’s α ≥ .70 is considered acceptable, ≥ .80 good, and ≥ .90 excellent for established measures.

Notes

FIBER framework for SEW.

Source & citation

Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012): Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches, and agenda for future research. Family Business Review, Vol. 25, No. 3, pp. 258–279.

Berrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012): Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches, and agenda for future research. Family Business Review, Vol. 25, No. 3, pp. 258–279.

Source. Scale details are summarised from the publication cited above. Always consult the original source for the full item set, scoring, and permission to use.

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