Our conceptual paper presents the case for strengthening ritual theory in family business research. Ritual theory integrates various recent strands in qualitative research, such as on history, emotions, and narratives. We develop a new conceptual frame that builds on anthropological and...

In the standard ‘three circle model’ of family business the role of employees and of the embedding local community is neglected. However, both are an important element in current family business research on ‘socio-emotional wealth’ as forms of ‘benevolent social ties’. We suggest...

There is ample evidence for a “democracy premium”. Laws that have been implemented via election lead to a more cooperative behavior compared to a top-down approach. This has been observed using field data and laboratory experiments. We present evidence from Chinese students and workers who...