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

Poh Yen Ng; Di Benedetto Mumin D.

doi:10.1016/j.jbusres.2019.05.026

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

Poh Yen Ng
, Di Benedetto Mumin D.

Research output: Contribution to journal › Article › peer-review

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.

Original language	English
Pages (from-to)	178-190
Journal	Journal of Business Research
Volume	102
DOIs	https://doi.org/10.1016/j.jbusres.2019.05.026
Publication status	Published - 4 Jun 2019

Keywords

Family business
Managerial capabilities
Performance
Socioemotional wealth

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title = "Performance in family firm: Influences of socioemotional wealth and managerial capabilities",

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.",

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AU - Ng, Poh Yen

AU - Mumin D., Di Benedetto

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N2 - 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.

AB - 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.

KW - Family business

KW - Managerial capabilities

KW - Performance

KW - Socioemotional wealth

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DO - 10.1016/j.jbusres.2019.05.026

M3 - Article

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EP - 190

JO - Journal of Business Research

JF - Journal of Business Research

ER -

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

Abstract

Keywords

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