RT info:eu-repo/semantics/article
T1 Can we make family social capital flourish? The moderating role of generational involvement
A1 Barros Contreras, Ismael
A1 Pérez Fernández, Héctor
A1 Martín Cruz, Teresa Natalia
A1 Hernangómez Barahona, Juan José
K1 Economia
K1 Family Business
K1 Business & Economics
K1 Family Social Capital
K1 Generational Involvement
K1 Organizational Effectiveness
K1 Family Influence
K1 5311 Organización y Dirección de Empresas
AB The special features displayed by family firms characterize and shape their family social capital and make them unique. The participation of both the family and the firm creates distinctive resources and capabilities in the family firm. As new generations arrive, opposing forces begin to shake the firm, and while some embrace change others expect the continuity of the family influence. Likewise, the influence of the family in the firm conditions its performance. In this study, we empirically address how family influence promotes the development of family social capital that, in turn, impacts on the organizational effectiveness of family firms. Furthermore, we observe the moderating role of generational involvement by considering generations an important source of heterogeneity in family firms. We test the hypotheses on a sample of Spanish family firms, analyzing the data using partial least squares (PLS). Results indicate that the family influence positively affects the development of family social capital and, therefore, the organizational effectiveness of the family firm. However, generational involvement can moderate both relationships in a negative way, by reducing the development and exploitation of the family social capital.
PB Springer
SN 1058-0476
YR 2023
FD 2023
LK https://uvadoc.uva.es/handle/10324/64311
UL https://uvadoc.uva.es/handle/10324/64311
LA spa
NO Barros-Contreras, I., Pérez-Fernández, H., Martín-Cruz, N., & Hernangómez B, J. (2023). Can we make family social capital flourish? The moderating role of generational involvement. Journal of Family and Economic Issues, 44(3), 655-673.
NO Producción Científica
DS UVaDOC
RD 17-jul-2024