The effect of socioemotional wealth on the relationship between entrepreneurial orientation and family business performance

被引:21
|
作者
Hernandez-Linares, Remedios [1 ]
Kellermanns, Franz W. [2 ,3 ]
Lopez-Fernandez, Maria Concepcion [4 ]
Sarkar, Soumodip [5 ,6 ]
机构
[1] Univ Extremadura, Ctr Univ Merida, Avda Santa Teresa Jornet 38, Merida 06800, Spain
[2] Univ N Carolina, Dept Management, Charlotte, NC USA
[3] WHU Otto Beisheim Sch Management, Dusseldorf, Germany
[4] Univ Cantabria, Fac CC Econ & Empresari, Santander, Spain
[5] Univ Evora, CEFAGE UE, Evora, Portugal
[6] Univ Evora, Dept Management, Evora, Portugal
关键词
Entrepreneurial orientation; firm performance; family firm; socioemotional wealth; MODERATING ROLE; CORPORATE ENTREPRENEURSHIP; CONTROLLED FIRMS; DIVERSIFICATION DECISIONS; MARKET ORIENTATION; BEHAVIORAL AGENCY; GROWTH; ENVIRONMENT; MANAGEMENT; STRATEGY;
D O I
10.1177/2340944420941438
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study examines how five key entrepreneurial orientation (EO) dimensions-risk taking, innovativeness, proactiveness, competitive aggressiveness, and autonomy-affect family business performance, as well as the moderating effect of socioemotional wealth (SEW) on these relationships. The findings, based on a sample of 609 Spanish and Portuguese family firms, reveal that not all EO dimensions are equally important for performance, as only proactiveness, competitive aggressiveness, and autonomy were significant. However, we also find that the EO-performance relationship is affected by concern for SEW preservation, as our SEW measure moderates risk taking positively and innovativeness negatively. JEL CLASSIFICATION: L20; L26; M10
引用
收藏
页码:174 / 192
页数:19
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