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Towards a theory of legacy: The proposal, development, and validation of a family legacy orientation scale

This dissertation follows extant scale development practices to propose, develop, and validate a measurement instrument for the family legacy orientation construct. Family legacy orientation (FLO) is understood to be the shared intentions and preferences a family has regarding the biological, social, and material components of the family legacy. The context of the family firm is of specific interest to the dissertation. The dissertation builds and extends our theoretical understanding of family legacy within the field of family business research. In doing so, the dissertation explores many ideas presented by Hammond et al. (2016; p. 1209) who emphasized the importance of the topic by stating “interest in the family’s pursuit of a legacy has grown along with the widespread acknowledgment that controlling families value many noninancial and family-related outcomes, suggesting that family legacy can be a unique source of motivation similar to socioemotional wealth (Chrisman, Chua, & Sharma, 2003; Miller, Steier, & Le Breton-Miller, 2003; Jaffe & Lane, 2004; Zahra, 2005)”. In this dissertation, FLO is proposed to influence intergenerational decision making and strategies.

Identiferoai:union.ndltd.org:MSSTATE/oai:scholarsjunction.msstate.edu:td-5758
Date25 November 2020
CreatorsHammond, Nathaniel L
PublisherScholars Junction
Source SetsMississippi State University
Detected LanguageEnglish
Typetext
Formatapplication/pdf
SourceTheses and Dissertations

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