In the recently published journal article
in the Family Business Review, “Which
type of advisors do family businesses trust most?” (http://fbr.sagepub.com/content/28/3/211),
authors Perry, Ring and Broberg use socioemotional selectivity theory, or SEST
– from the discipline of psychology – to examine the relationship between the
age of a family business and its trust in family or professional business
advisors.
With the knowledge that people experience changes
in their priorities as they age, the researchers argue that SEST could also be
applied...