TY - JOUR
T1 - Performance in family firm
T2 - Influences of socioemotional wealth and managerial capabilities
AU - Ng, Poh Yen
AU - Dayan, Mumin
AU - Di Benedetto, Anthony
N1 - Publisher Copyright:
© 2019 Elsevier Inc.
PY - 2019/9
Y1 - 2019/9
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
UR - http://www.scopus.com/inward/record.url?scp=85066449557&partnerID=8YFLogxK
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U2 - 10.1016/j.jbusres.2019.05.026
DO - 10.1016/j.jbusres.2019.05.026
M3 - Article
AN - SCOPUS:85066449557
SN - 0148-2963
VL - 102
SP - 178
EP - 190
JO - Journal of Business Research
JF - Journal of Business Research
ER -