How Do Owning Families Ensure the Creation of Value Across Generations? A “Dual Balance” Approach

Horacio Arredondo (horacio.arredondo@uai.cl) and Cristina Cruz
Additional contact information
Horacio Arredondo: Universidad Adolfo Ibañez
Cristina Cruz: IE Business School

Chapter 29 in The Palgrave Handbook of Heterogeneity among Family Firms, 2019, pp 791-819 from Springer

Abstract: Abstract The ability to pursue both exploitation and exploration is known to enhance family firm performance. Nevertheless, the interplay that family-centered non-economic goals and socioemotional wealth preservation have in the process of exploitation and exploration is still unknown. In this exploratory study, we address ambidextrous orientation and socioemotional wealth preservation of entrepreneurial families, to introduce the “dual balance” of Transgenerational Families. Using cluster analysis in the Latin American context, our study attempts to open further discussions in the intersection of strategic management with family business research.

Keywords: Family-controlled firms; Heterogeneity; Socioemotional wealth; Exploration; Exploitation; Organizational ambidexterity (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-77676-7_29

Ordering information: This item can be ordered from
http://www.springer.com/9783319776767

DOI: 10.1007/978-3-319-77676-7_29

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).