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Título
Can we make family social capital flourish? The moderating role of generational involvement
Autor
Año del Documento
2023
Editorial
Springer
Descripción
Producción Científica
Documento Fuente
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.
Zusammenfassung
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.
Materias (normalizadas)
Economia
Family Business
Business & Economics
Materias Unesco
5311 Organización y Dirección de Empresas
Palabras Clave
Family Social Capital
Generational Involvement
Organizational Effectiveness
Family Influence
ISSN
1058-0476
Revisión por pares
SI
Version del Editor
Propietario de los Derechos
© The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2022
Idioma
spa
Tipo de versión
info:eu-repo/semantics/acceptedVersion
Derechos
restrictedAccess
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