Social Networking and the Family Business Performance: A Conceptual Consideration

Kenneth Chukwujioke Agbim ()
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Kenneth Chukwujioke Agbim: Business Administration Department, University of Agriculture, Makurdi

Journal of Entrepreneurship, Management and Innovation, 2019, vol. 15, issue 1, 83-122

Abstract: Researchers and practitioners are divided on the preferred measures of business performance, largely due to the quality of available financial data and the measurability of the non-financial indicators. However, owing to the embeddedness of social networking in families and in the business world, this study reviews the contribution of social networking to the financial and non-financial performance of family businesses. The study is based on a review of 55 peer-reviewed published journal articles. Consequently, the most frequently used social networking platforms, the measures of financial performance, the measures and proxies of non-financial performance and the differences between financial and non-financial performance were identified. The study proposes the use of both financial and non-financial measures in assessing the performance of family businesses due to their complementary roles

Keywords: social networking; social network; family business; financial performance; non-financial performance; interplay; interdependence (search for similar items in EconPapers)
JEL-codes: D85 L14 L25 M00 P17 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:aae:journl:v:15:y:2019:i:1:p:83-122

DOI: 10.7341/20191514

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