*The Development of Organizational Social Capital: Attributes of Family Firms

23 Pages Posted: 8 Jan 2007

See all articles by Jean‐Luc Arregle

Jean‐Luc Arregle

EM LYON Business School

Michael A. Hitt

affiliation not provided to SSRN

David G. Sirmon

Texas A&M University

Philippe Very

EDHEC Business School

Abstract

We develop and extend social capital theory by exploring the creation of organizational social capital within a highly pervasive, yet often overlooked organizational form: family firms. We argue that family firms are unique in that, although they work as a single entity, at least two forms of social capital coexist: the family`s and the firm`s. We investigate mechanisms that link a family`s social capital to the creation of the family firm`s social capital and examine how factors underlying the family`s social capital affect this creation. Moreover, we identify contingency dimensions that affect these relationships and the potential risks associated with family social capital. Finally, we suggest these insights are generalizable to several other types of organizations with similar characteristics.

Suggested Citation

Arregle, Jean-Luc and Hitt, Michael A. and Sirmon, David G. and Very, Philippe, *The Development of Organizational Social Capital: Attributes of Family Firms. Journal of Management Studies, Vol. 44, Issue 1, pp. 73-95, January 2007, Available at SSRN: https://ssrn.com/abstract=955571 or http://dx.doi.org/10.1111/j.1467-6486.2007.00665.x

Jean-Luc Arregle (Contact Author)

EM LYON Business School ( email )

23 Avenue Guy de Collongue
Ecully, 69132
France

Michael A. Hitt

affiliation not provided to SSRN

David G. Sirmon

Texas A&M University ( email )

430 Wehner
College Station, TX 77843-4218
United States

Philippe Very

EDHEC Business School ( email )

393 promenade des Anglais
BP 3116
Nice (Cedex 3), 06202
France
33 493 189 966 (Phone)

HOME PAGE: http://www.edhec.com

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