Is Non-Family Social Capital Also (or Especially) Important for Family Firm Performance?

Human Relations, Forthcoming

40 Pages Posted: 5 Dec 2014

See all articles by Valeriano Sanchez-Famoso

Valeriano Sanchez-Famoso

University of the Basque Country

Naveed Akhter

Jonkoping University - Jonkoping International Business School (JIBS)

Txomin Iturralde

University of the Basque Country - Department of Financial Economics II

Francesco Chirico

Macquarie University, Macquarie Business School; Jonkoping University - Jonkoping International Business School (JIBS)

Amaia Maseda

University of Basque Country UPV/EHU

Date Written: December 2, 2014

Abstract

This study investigates the effects of both family and non-family social capital on firm performance. Specifically, we contend that non-family social capital has a stronger effect than family social capital and also serves as a mediator between family social capital and firm performance. Using a sample of 172 Spanish family firms that includes two respondents per firm, we test a structural model that confirms our hypotheses. Our results extend the understanding of social capital beyond family firms by exploring both family- and non-family-based social relationships in a context in which social factors are predominant.

Keywords: Family firms, family social capital, non-family social capital, firm performance, internal social capital

Suggested Citation

Sanchez-Famoso, Valeriano and Akhter, Naveed and Iturralde, Txomin and Chirico, Francesco and Maseda, Amaia, Is Non-Family Social Capital Also (or Especially) Important for Family Firm Performance? (December 2, 2014). Human Relations, Forthcoming, Available at SSRN: https://ssrn.com/abstract=2532985

Valeriano Sanchez-Famoso

University of the Basque Country ( email )

Barrio Sarriena s/n
Leioa, Bizkaia 48940
Spain

Naveed Akhter

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

Txomin Iturralde

University of the Basque Country - Department of Financial Economics II ( email )

Avenida del Lehendakari Agirre 83
48015 Bilbao
Spain

Francesco Chirico (Contact Author)

Macquarie University, Macquarie Business School ( email )

New South Wales 2109
Australia

Jonkoping University - Jonkoping International Business School (JIBS) ( email )

Jönköping, 55111
Sweden

Amaia Maseda

University of Basque Country UPV/EHU ( email )

Avenida del Lehendakari Agirre 83
Bilbao, 48015
Spain

HOME PAGE: http://https://www.ehu.eus/es/web/catedra-empresa-familiar/amaia.maseda

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
52
Abstract Views
1,085
rank
426,915
PlumX Metrics