<p dir="ltr">The practice of succession is utilized across many aspects of society, especially as it pertains to family farms. Historically, farm family businesses have been an integral part of the United States economy, and continuation of these family farms is not only a goal of theirs but needed for a thriving agricultural sector. This study seeks to discover how socioemotional wealth, having a successor interested in taking over the business, and perceived success in the farm family business impacts a farmer’s readiness to retire. The 2023 Farm Succession Survey was used to implement a logit regression and test hypothesized variables along with other business and owner demographic variables, in relation to incumbents feeling “rich and ready to go”. We find that the high amounts of socioemotional wealth experienced by respondents correlated with incumbents who were less ready to retire. Whereas, having a successor interested, perceiving the business as successful, and age increased the likelihood that respondents felt ready to retire. Socioemotional wealth brings a certain nuance to family farm business succession strategies, since it is a critical factor that influences both the positive and negative sides of succession planning decisions. Succession reflects the life cycles of farm households and businesses. Thus, understanding the emotions of the people involved in the succession practices of farm family businesses becomes more important as this may be a barrier to farmer retirement and subsequent land access for younger generations interested in farming as a career.</p>

Introduction: In family businesses, previous literature does not discuss about the connection between Corporate Social Responsibility (CSR) activities and Socio-Emotional Wealth (SEW). Therefore, this research provides the role of SEW on CSR activities in family businesses. This study is unique and also significant for future researchers and policymakers of family firms to understand the role of SEW of family firms on CSR activities. Respectively, this paper targets only family businesses as the subject of research meanwhile they are distinctive in nature and make up a large component of the global economy. The topic of SEW in family businesses is a fascinating aspect of this subject that warrants further investigation.Purpose: The purpose of this thesis is to develop a comprehensive grasp by observing how SEW plays a major role on CSR activities on family firms and explore the family involvement in the execution of the activities.Methodology: This study conducts a single case study, followed by semi-structured interviews. Further this study adapts qualitative research method and exploratory research design in nature, aiming to provide a greater understanding of a well-known occurrence by relating and analysis present literature, such as the FIBER Model, to a specific firm. The study in this research is based on an organizational/case analysis method.Findings: This research found that family involvement in CSR execution of chosen firm is efficient. It is concluded that the chosen firm implement different CSR activities include support poor children’s education, charity activities for Syrian war affected families, health support for poor people, environment and ethical policies was implemented in all the process of organization to ensure CSR activities and job opportunities for poor educated students. Study finding further concludes that the role of SEW play a major role in CSR implementation especially on enhancing brand image and firm’s reputation.Abbreviations: SEW (Social-Emotional Wealth), CSR (Corporate Social Responsibility)

Although understudied in emerging markets, in modern globalised economies, family business internationalization is becoming an increasingly more relevant topic. Consequently, our research focuses on investigating the listed family firms in Chinese Mainland in order to fill the research gap. Specifically, we studied the influence of family involvement in ownership and management of companies on their degree of internationalization. Existing theories on internationalization mainly focused on economic aspects, while we adopt the perspective of socio-emotional wealth (SEW) which refers to non economic aspects to investigate this subject. We take listed family firms in Chinese Mainland as our sample. The results show that family involvement in ownership is positively associated with the degree of internationalization and family involvement in management has no certain relation with the degree of internationalization. This is a different finding in this area since previous researches have not taken Chinese listed family firms as samples before. Future research can improve the SEW theory by testing wider samples.

Abstract Background &amp; Problem: Many family firms face a change in ownership in the near future. Acquisitions of family firms can therefore be a solution for the change in ownership. Due to special family firm characteristics, acquisitions of such companies can be complicated. Previous research shows that accountants and CFOs have a positive effect on the firm’s survival and growth. However, the CFOs’ roles in family business acquisitions have not been studied before.    Purpose: The purpose of this research is to explore what roles accountants and CFOs have in acquisitions of family firms.   Method: The base of this study is an abductive research approach with a qualitative research strategy. The main method was semi-structured interviews that was complemented with a document study of official documents from websites.    Conclusion: The empirical findings and analysis revealed that the CFOs in family firm acquisitions are important, but the CFOs’ roles in acquirer and acquiree differ. The CFOs in the selling family business is more of a bean counter in the process and provide material. The CFOs in the acquiring group is more of a business partner, conducting analyses and are involved in strategic decisions. The process of acquiring family firms is a special situation for the CFOs in the acquiring group since they need to adapt to the family firms’ informal culture.

Purpose Various studies suggested that family ownership plays a significant role in R&amp;D investment considering family-owned businesses. This thesis specifically explores sibling ownership and how it influences R&amp;D Investment in their company. Moreover, various factors have been highlighted and explored extensively to understand what makes the difference between sibling owners and sole owners when it comes to their behaviors whether to pursue and invest in R&amp;D for the betterment of the company. Method This paper adopted qualitative research as a method. Data was collected from 5 cases which consisted of sibling owners and sole owners to understand the differences between 2 types. In this multiple case study, two respondent took part in each case. Semi-structured interviews were carried out to have an in-depth understanding of the cases. Furthermore, the analysis of these data was done using the SEWi scale which provided us the three dimensions to scrutinize the impact on R&amp;D investment by sibling owners and compare it with sole owners. Conclusion Using the theoretical lenses, the sibling ownership presents a unique attitude as of any other family ownership. To have a more broader approach, the comparison between a sole owner and sibling owner derived many different factors to take up R&amp;D Investments. It shows that sibling owner does not always initiate investment for the company to prosper but they consider other family members involvement for investing. R&amp;D investments are taking part in the sibling ownership by keeping the family wealth in mind. This tends to provide evidence that sibling owner is careful in investment for R&amp;D. Family values and family unity in sibling owned business create an immense impact on the decision making for the investment. Considering the decision making regarding R&amp;D investment, sibling owner believe that they have ease to make a decision when the family is involved whereas sole owner finds difficulty in taking such decisions, especially under uncertainty. The following observations from our research provided the idea that sibling owner initiative to invest in R&amp;D is not only restricted to the company growth perspective but also the involvement of various family dimensions.

In the Surface Development Test, self-perceived Sewing Expertise was significant in predicting participants' test scores. For the Paper Folding Test, Knitting and Crocheting Expertise were significant, suggesting expertise may mitigate age effects.; Spatial ability has been a topic of much research and debate over the past few decades. Yet, there are gaps in the current literature. Spatial ability refers to the aptitude of an individual to mentally rotate objects, visualize spaces, and recognize patterns (Linn & Petersen, 1985). A highly spatial task that is not addressed in research literature is crafting. Crafting may refer to knitting, crocheting, sewing, and other hobbies that include manipulations of materials. These crafts are spatially oriented, because they necessitate mental rotation, pattern recognition, and 3-D visualization to create an object. While research tends to favor males on certain spatial tests (Voyer, Voyer, & Bryden, 1995), research on the relationship between expertise and spatial ability has concentrated on traditionally male dominated domains, such as architecture and video games (Salthouse & Mitchell, 1990; Sims & Mayer, 2002). The traditionally female domain of needlework crafting expertise has not been studied empirically. First, a literature review is presented to give an overview of previous spatial ability research. The paper then describes the needlework crafts of sewing, knitting, and crocheting, including their historical significance and the spatial processes involved. A study was conducted to test the hypothesis that more expertise in needlework crafts will correlate with better performance on spatial ability tests. Three hundred and four adult women (ages 18-77) completed the study. Participant experience level was determined by self-perceived level of crafting expertise. Participants performed three spatial ability tests from the ETS Factor Reference Kit (Ekstrom et al., 1976): Paper Folding, Surface Development, and Card Rotations. Results indicated that age was correlated negatively with performance in all spatial tests. Only age was significant in the Card Rotations Test.

My quilts serve as a visual journal of some of my travels and experiences. Through my quilts, I remember the rich colors and memories of my European adventures. The methodical process of stitching quilts line by line is an important process for my recollection of the many steps taken during my trip abroad. Stitching fabric is the method that communicates the opportunities and experiences of my travel that I want to share with others.

SEW refers to the stock of affect-related values that an owning family derives from its family business. As a promising theoretical concept, the SEW has been used widely to explain the diverse strategic choices of family firms compared to non-family firms. However, little study has been done to measure SEW directly and to measure the effect of SEW on family firms’ strategic choices.     Within the context of family-owned Hidden Champions, this thesis study replicates the five-dimension model proposed by Berrone et al. in an empirical study to verify the psychometric measurement on the degree of SEW. Furthermore, internationalization has been chosen as an example to demonstrate the effects of SEW on family firms’ strategic choices and outcomes.   This study has verified the reliability and validity of the SEW scale and SEW’s five subscales constructed. Furthermore, the measurement on SEW and its five dimensions has been applied to examine the effects of SEW and its five dimensions on the internationalization of family firms. The findings reveal that SEW has a negative effect on the internationalization of family firms, which is mainly due to the negative effect of Family Control and Influence.

In the past thirty years, HIV/AIDS (Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome) transformed from a mysteriously lethal disease affecting limited portions of the population to a true global pandemic. Although HIV/AIDS is responsible for the deaths of approximately 30 million people worldwide, prevalence rates are now increasing significantly due to increasing survival rates. However, overall increasing incidence rates now serve as a primary concern for researchers. Avert (2011) suggests that there is a lack of behavioral interventions and prevention programs aimed at decreasing the number of newly affected individuals. This is problematic as it may create not only physical and mental stress upon patients but also a source of financial and resource stress upon service organizations. In Asia, HIV/AIDS is primarily apparent in three high-risk groups: sex workers, men who have sex with men, and intravenous drug users (Avert, 2011). Service organizations target these high-risk groups with prevention programs in order to decrease infection rates and raise general awareness of the disease. This study aims to evaluate two HIV/AIDS prevention program theories(the Sonagachi Project and the 100% Condom Use Program) and the studies that implement them. This proposed evaluation assesses the effectiveness of these HIV/AIDS prevention programs in reducing infection rates and raising awareness of the disease. Due to the widespread use and apparent effectiveness of the 100% Condom Use Program and The Sonagachi Project, this study aims to assess the interventions in lessening HIV infection rates and critique the methods outlined by both. This thesis also employs a systemic review of the literature by using the program theories of The 100% Condom Use Program and The Sonagachi Project.

Problematization: Family firms in Sweden play a vital role in the labor force, reflecting their extensive presence and essential role in the economy. Central to every family firm are its guiding values, shared among family members engaged in its activities. Driven by a commitment to their local communities and a sense of social responsibility, family firms actively pursue social initiatives. However, there is a recognized imperative for additional research to investigate micro-level aspects and enhance the comprehension of the Socioemotional Wealth (SEW) model. Purpose: The research aims to establish a conceptual framework for investigation of the interconnection between family firms and social initiatives. The primary objective is to explore how family values are embedded in the decision-making process concerning social initiatives within the local community. Method: An exploratory multiple case study design was employed, utilizing a qualitative approach. Data were collected through semi-structured interviews with family members actively involved in the decision-making process regarding social initiatives and their subsequent implementation. Main results: Family values guide decisions related to social initiatives within family firms, driven by centralized ownership, while the business values of firms are influenced by the values upheld by family owners. Consequently, the decision-making process is influenced by the personal interests of family members, hence the essence of fostering community togetherness. The findings underscored an informal decision-making process across various industries,wherein decisions are guided by the personal interests of family members in pursuing social initiatives within the local community.