2024 Aspirations & reference points

Performance below and above aspirations as an antecedent of succession planning in family firms: A socio-emotional wealth mixed gamble approach

Ine Umans, Nadine Lybaert, Tensie Steijvers, Wim Voordeckers, Eddy Laveren

Review of Managerial Science

Open access

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Cited by in snapshot: 2
References in snapshot: 15
Global cited by: 17

Within this provisional snapshot

Direct citation relationships

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Cited by 2

Inconsistent performance feedback and firm internationalization: Can CEOs remove the haze? Anita Kerai, Nycil George · 2025
Patents, trade secrets and performance aspirations in family firms Katrin Hussinger, Wunnam Basit Issah · 2025

References 15

Risk abatement as a strategy for R&D investments in family firms Pankaj C. Patel, James J. Chrisman · 2013
A BEHAVIORAL THEORY OF R&D EXPENDITURES AND INNOVATIONS: EVIDENCE FROM SHIPBUILDING. Henrich R. Greve · 2003
Variations in R&D Investments of Family and Nonfamily Firms: Behavioral Agency and Myopic Loss Aversion Perspectives James J. Chrisman, Pankaj C. Patel · 2012
All Aspirations are not Created Equal: The Differential Effects of Historical and Social Aspirations on Acquisition Behavior Ji‐Yub Kim, Sydney Finkelstein, Jerayr Haleblian · 2014
Strategic reference points in family firms Josip Kotlar et al. · 2014
Antecedents of Convergence and Divergence in Strategic Positioning: The Effects of Performance and Aspiration on the Direction of Strategic Change Kyung Min Park · 2007
Firm performance and aspiration levels as determinants of a firm’s strategic repositioning within strategic group structures Markus Schimmer, Matthias Brauer · 2012
Performance, Aspirations, and Risky Organizational Change Henrich R. Greve · 1998

Show 7 more referenced records

Driven by aspirations, but in what direction? Performance shortfalls, slack resources, and resource‐consuming vs. resource‐freeing organizational change Pasi Kuusela, Thomas Keil, Markku Maula · 2016
Performance feedback and middle managers’ divergent strategic behavior: The roles of social comparisons and organizational identification Murat Tarakci et al. · 2017
The mixed gamble of internationalization in family and nonfamily firms: The moderating role of organizational slack Todd M. Alessandri, Daniele Cerrato, Kimberly Eddleston · 2018
Firm Acquisitions by Family Firms: A Mixed Gamble Approach Katrin Hussinger, Abdul-Basit Issah · 2019
The behavioral theory of the (community‐oriented) firm: The differing response of community‐oriented firms to performance relative to aspirations Stephen Smulowitz, Horacio Enrique Rousseau, Philip Bromiley · 2020
Technological choices under uncertainty: Does organizational aspiration matter? John Qi Dong · 2020
A Behavioral Theory of the Firm Richard H. Day et al. · 1964

Bounded connected-literature evidence

Why these records are nearby

These are aggregate discovery relationships, not direct citations, identity decisions, recommendations, or a complete neighborhood. Ranks and metrics come unchanged from the engine’s public projection.

Bibliographic coupling

Records that cite some of the same reference targets.

The Mixed Gamble of Competitive Dynamics in Family‐Controlled Firms Jaeyoung Cho, Alfredo De Massis, Josip Kotlar · 2025

19 shared references · rank 1 of 235

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102
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111
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0.179
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0.098
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Family Firms’ Shareholder Structure and International Acquisitions: A Differentiated Socioemotional Wealth Approach Andrea Calabrò et al. · 2024

19 shared references · rank 2 of 235

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102
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125
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0.168
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0.091
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2 of 235
Acquisition Relatedness in Family Firms: Do the Environment and the Institutional Context Matter? Michele Pinelli et al. · 2024

15 shared references · rank 3 of 235

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102
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0.127
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0.067
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Goal complexity in family firm diversification: Evidence from China Junsheng Dou et al. · 2020

15 shared references · rank 4 of 235

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Fight or flight? Understanding family firm internationalization when the rules of the game change Ivan Miroshnychenko, Kimberly Eddleston, Alfredo De Massis · 2023

15 shared references · rank 5 of 235

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102
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Managerial Risk Taking Robert E. Hoskisson et al. · 2016

15 shared references · rank 6 of 235

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The mixed gamble of internationalization in family and nonfamily firms: The moderating role of organizational slack Todd M. Alessandri, Daniele Cerrato, Kimberly Eddleston · 2018

14 shared references · rank 7 of 235

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102
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83
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0.152
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0.082
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7 of 235
Profitability Goals, Control Goals, and the R&D Investment Decisions of Family and Nonfamily Firms Josip Kotlar et al. · 2014

13 shared references · rank 8 of 235

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102
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93
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0.133
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0.071
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8 of 235
Strategic reference points in family firms Josip Kotlar et al. · 2014

13 shared references · rank 9 of 235

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102
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How negative aspiration performance gaps affect innovation efficiency Montserrat Manzaneque Lizano et al. · 2018

13 shared references · rank 10 of 235

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Firm Acquisitions by Family Firms: A Mixed Gamble Approach Katrin Hussinger, Abdul-Basit Issah · 2019

10 shared references · rank 11 of 235

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Long–Term Orientation in Publicly Traded Family Businesses: Evidence of a Dominant Logic Richard J. Gentry, Clay Dibrell, Jaemin Kim · 2014

10 shared references · rank 12 of 235

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Organizational responses to performance feedback: A meta-analytic review Serhan Kotiloglu, Yan Chen, Thomas Lechler · 2019

10 shared references · rank 13 of 235

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102
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133
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0.086
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Self‐Assessment versus Self‐Improvement Motives: How Does Social Reference Group Selection Influence Organizational Responses to Performance Feedback? Daniela Blettner, Serhan Kotiloglu, Thomas Lechler · 2023

10 shared references · rank 14 of 235

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102
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0.070
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Raising or folding the bet? Institutional dynamics, family involvement, and the mixed gamble of internationalization Elitsa R. Banalieva et al. · 2022

9 shared references · rank 15 of 235

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102
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73
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How does inconsistent negative performance feedback affect the R&D investments of firms? A study of publicly listed firms David Diwei Lv et al. · 2019

9 shared references · rank 16 of 235

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Looking back to move forward: social benchmarks and historical performance in CEO turnover Julio A. Pertuzé, Gonzalo Valdés, Tomás Reyes · 2026

9 shared references · rank 17 of 235

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102
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60th birthday of ‘A Behavioral Theory of the Firm’: a review of the relational concepts and recommendations for future research Moritz Hagen, Wenjia Su, Sebastian Junge · 2023

9 shared references · rank 18 of 235

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102
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0.072
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0.036
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Technological choices under uncertainty: Does organizational aspiration matter? John Qi Dong · 2020

8 shared references · rank 19 of 235

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102
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63
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0.100
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0.051
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Entrepreneurial decision‐making under uncertainty and competing goals Francesco Chirico et al. · 2026

8 shared references · rank 20 of 235

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Co-citation

Records cited together by the same public-snapshot records.

Executive Stock Options as Mixed Gambles: Revisiting the Behavioral Agency Model Geoffrey Martin, Luis R. Gómez‐Mejía, Robert M. Wiseman · 2013

2 shared citing records · rank 1 of 3

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2
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20
Cosine
0.316
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0.100
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1 of 3
Entering new markets: The effect of performance feedback near aspiration and well below and above it Ohad Ref, Zur Shapira · 2016

2 shared citing records · rank 2 of 3

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2
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45
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0.211
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0.044
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A Behavioral Theory of the Firm William J. Baumöl, Richard M. Cyert, J. G. March · 1964

2 shared citing records · rank 3 of 3

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2
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140
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0.120
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0.014
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3 of 3

Rows require at least 2 shared references or shared citing records, as applicable, and are capped at 20 neighbors per record and relation type. See definitions, ranking, and limits.