Performance in family firm: Influences of socioemotional wealth and managerial capabilities

Poh Yen Ng, Mumin Dayan and Anthony Di Benedetto

Journal of Business Research, 2019, vol. 102, issue C, 178-190

Abstract: Despite an extensive literature on the role of managerial capabilities in enhancing firm performance, relationships between socioemotional wealth, managerial capabilities, and performance in a family business context have not been investigated. This study relates FIBER dimensions (five characteristics of family firms commonly used in studies of family businesses) to socioemotional wealth, managerial capabilities, and firm performance, and empirically tests a mediated model using a sample of 150 small and medium-sized family businesses from the United Arab Emirates. The results illustrate that managerial capabilities mediate the relationships between three FIBER dimensions (identification of family members with the firm, binding social ties, and emotional attachment of family members) and performance.

Keywords: Family business; Socioemotional wealth; Managerial capabilities; Performance (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (17)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:102:y:2019:i:c:p:178-190

DOI: 10.1016/j.jbusres.2019.05.026

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