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Family Business Goal Formation: Exploring Individual Motivation and the Interaction with Family, Business, and Context

Alexandra Dawson

Family Business Review2025https://doi.org/10.1177/08944865251380604article
AJG 3ABDC A
Weight
0.50

Abstract

This research on family business goal formation examines a longitudinal case study of a family and its business, going “from rags to riches to rags again” over 140 years and four generations. Complementing family business literature on economic and noneconomic goals and the socioemotional wealth lens with self-determination theory, the analysis provides the basis for a process model of family business goal formation. This model highlights individual-level mechanisms through which firm-level objectives emerge. It also illustrates the interaction of the owner’s individual motivation with the family level while taking into account the influence of the business and external context.

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https://doi.org/https://doi.org/10.1177/08944865251380604

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@article{alexandra2025,
  title        = {{Family Business Goal Formation: Exploring Individual Motivation and the Interaction with Family, Business, and Context}},
  author       = {Alexandra Dawson},
  journal      = {Family Business Review},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/08944865251380604},
}

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Family Business Goal Formation: Exploring Individual Motivation and the Interaction with Family, Business, and Context

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.