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Family Business Review
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Article

Life Settlements From the Perspective of Institutional, Real Options, and Stewardship Theories

Clay Dibrell*

University of Mississippi

* To whom correspondence should be addressed. E-mail: clay.dibrell{at}bus.oregonstate.edu.


  Abstract
As families seek alternative forms of financial capital without putting the family business at risk, life settlements are gaining the interest of family businesses and scholars. This commentary draws upon institutional theory, real options theory, and stewardship theory to provide a foundation to better understand life settlements and to complement the work articulated by Adams (2009 [this issue]).

First published on May 13, 2009
Family Business Review 2009, doi:10.1177/0894486509335815
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