Socioemotional wealth and family firm performance: A meta-analytic integration

被引:15
|
作者
Davila, Jessenia [1 ]
Duran, Patricio [2 ,4 ]
Gomez-Mejia, Luis [3 ]
Sanchez-Bueno, Maria J. [1 ]
机构
[1] Univ Carlos III Madrid, Dept Business Adm, Calle Madrid, 126, Getafe 28903, Madrid, Spain
[2] Univ Richmond, Robins Sch Business, 102 UR Dr, Richmond, VA 23173 USA
[3] Arizona State Univ, WP Carey Sch Business, TEMPE Campus, Tempe, AZ USA
[4] Univ Richmond, Robins Sch Business, Richmond, VA 23173 USA
关键词
Meta; -analysis; Performance; Socioemotional wealth; SEW dimension; Family firm; BEHAVIORAL AGENCY; CORPORATE GOVERNANCE; NONFAMILY FIRMS; MODERATING ROLE; OWNERSHIP; CEO; INVOLVEMENT; SUSTAINABILITY; COMPENSATION; INSTITUTIONS;
D O I
10.1016/j.jfbs.2022.100536
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study conflicting arguments and empirical findings of the socioemotional wealth (SEW)-family firm per-formance relationship using meta-analysis. We add to the debate by questioning: First, how do major managerial decisions (strategic choices, corporate governance, and non-family stakeholder orientation) play a mediating role in the SEW performance link? Second, how do specific five SEW dimensions act as moderating variables in the SEW-performance link? We show a positive relationship between SEW and performance. Hence there is no ev-idence that the pursuit of family SEW occurs at the expense of financial utility. Furthermore, we find that major managerial decisions mediate the SEW-performance relation.
引用
收藏
页数:13
相关论文
共 50 条
  • [1] Meta-analytic Review of Firm Reputation and Firm Performance
    Jeon, Hyo Jin Jean
    Nolan, John
    [J]. CORPORATE REPUTATION REVIEW, 2024, 27 (03) : 216 - 227
  • [2] Performance in family firm: Influences of socioemotional wealth and managerial capabilities
    Ng, Poh Yen
    Dayan, Mumin
    Di Benedetto, Anthony
    [J]. JOURNAL OF BUSINESS RESEARCH, 2019, 102 : 178 - 190
  • [3] Firm Innovativeness and Its Performance Outcomes: A Meta-Analytic Review and Theoretical Integration
    Rubera, Gaia
    Kirca, Ahmet H.
    [J]. JOURNAL OF MARKETING, 2012, 76 (03) : 130 - 147
  • [4] A meta-analytic examination of the relationship between family firm generational involvement and performance
    Kosmidou, Vasiliki
    [J]. MANAGEMENT RESEARCH REVIEW, 2020, 43 (08): : 971 - 987
  • [5] Entrepreneurial orientation, concern for socioemotional wealth preservation, and family firm performance
    Hernandez-Perlines, Felipe
    Covin, Jeffrey G.
    Ribeiro-Soriano, Domingo E.
    [J]. JOURNAL OF BUSINESS RESEARCH, 2021, 126 : 197 - 208
  • [6] Socioemotional wealth and human resource policies: effects on family firm performance
    David Pelaez-Leon, Juan
    Sanchez-Marin, Gregorio
    [J]. INTERNATIONAL JOURNAL OF ENTREPRENEURIAL BEHAVIOR & RESEARCH, 2022, 28 (01): : 109 - 135
  • [7] A Meta-Analytic Integration of Acquisition Performance Prediction
    King, David R.
    Wang, Gang
    Samimi, Mehdi
    Cortes, Andres Felipe
    [J]. JOURNAL OF MANAGEMENT STUDIES, 2021, 58 (05) : 1198 - 1236
  • [8] FIRM-SPECIFIC ASSETS, MULTINATIONALITY, AND FINANCIAL PERFORMANCE: A META-ANALYTIC REVIEW AND THEORETICAL INTEGRATION
    Kirca, Ahmet H.
    Hult, G. Tomas M.
    Roth, Kendall
    Cavusgil, S. Tamer
    Perryy, Morys Z.
    Akdeniz, M. Billur
    Deligonul, Seyda Z.
    Mena, Jeannette A.
    Pollitte, Wesley A.
    Hoppner, Jessica J.
    Miller, Joseph C.
    White, Ryan C.
    [J]. ACADEMY OF MANAGEMENT JOURNAL, 2011, 54 (01): : 47 - 72
  • [9] Meta-Analytic Review of Employee Turnover as a Predictor of Firm Performance
    Hancock, Julie I.
    Allen, David G.
    Bosco, Frank A.
    McDaniel, Karen R.
    Pierce, Charles A.
    [J]. JOURNAL OF MANAGEMENT, 2013, 39 (03) : 573 - 603
  • [10] INTERNATIONALIZATION AND FIRM PERFORMANCE IN CHINDIA COUNTRIES: A META-ANALYTIC REVIEW
    Schulze, Linda
    Douesnel, Aurelien
    Gregoire, Olivia
    [J]. AD-MINISTER, 2016, (29) : 5 - 22