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emotional ownership

October 9, 2008

Does it matter if your family has no emotional attachment to the family business? I only ask because new research has touched on this very subject and highlighted several interesting issues.

Does it matter if your family has no emotional attachment to the family business? I only ask because new research has touched on this very subject and highlighted several interesting issues.

The study by the Institute for Family Business, "Emotional Ownership - The Critical Pathway Between the Next Generation and the Family Firm", reports that fostering emotional ownership at an early age gives family members a sense of identification and attachment to the family business.

October 3, 2008

Emotional ownership, the attachment that a person feels towards a family business, is stronger in males than in females according to a new report.

Emotional ownership, the attachment that a person feels towards a family business, is stronger in males than in females according to a new report entitled "Emotional Ownership - The Critical Pathway Between the Next Generation and the Family Firm".

Emotional ownership (EO) is strongest between the ages of 31 and 40, when it rises to a mid-life peak. But the report's authors, Åsa Björnberg and Nigel Nicholson, say fostering EO at an early age gives family members a sense of identification and attachment to the family business.

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