The role of interorganizational trust and organizational efficacy in family and nonfamily firms
Laura J. Stanley and
Journal of Family Business Strategy, 2014, vol. 5, issue 3, 264-275
This article extends research on family firm social capital by examining two components of family firm social capital, organizational efficacy and interorganizational trust, and their influence on performance in family and nonfamily firms. Using a sample of 157 family and nonfamily suppliers to a University, we find that suppliers’ organizational efficacy and trust in the buyer positively predict performance in family and nonfamily firms. Contrary to expectations, there were no significant differences between family and nonfamily firms in the level of organizational efficacy and interorganizational trust. We also find that the interaction of organizational efficacy and interorganizational trust predicts performance in family firms. Based on these findings, we discuss implications for theory development and provide suggestions for future research.
Keywords: Family firm; Interorganizational trust; Organizational efficacy; Social capital; Firm performance (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:fambus:v:5:y:2014:i:3:p:264-275
Ordering information: This journal article can be ordered from
http://www.elsevier. ... 719791/bibliographic
Access Statistics for this article
Journal of Family Business Strategy is currently edited by J.H. Astrachan
More articles in Journal of Family Business Strategy from Elsevier
Series data maintained by Dana Niculescu ().