Socioemotional wealth, entrepreneurial orientation and international performance of family firms

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Miniatura
Fecha
2020
Profesor/a Guía
Facultad/escuela
Idioma
en
Título de la revista
ISSN de la revista
Título del volumen
Editor
Taylor and Francis Ltd.
Nombre de Curso
Licencia CC
Attribution 4.0 International (CC BY 4.0)
Licencia CC
Resumen
This paper analyses the relationships between the socioemotional wealth, entrepreneurial orientation and international performance of family firms. This research is pioneering in that it seeks to explain the international performance of family firms from the non-economic perspective of entrepreneurial orientation determined by socioemotional wealth. Second generation structural equation modelling (PLS-SEM) using SmartPLS 3.2.8 software was applied to data from 106 Spanish family firms. The study shows that considering socioemotional wealth substantially improves the capacity of entrepreneurial orientation to explain variation in the international performance of family firms. When only entrepreneurial orientation is included in the model, the explained variance of international performance is 34.2%. However, when socioemotional wealth is included in the model as an antecedent of international performance, the explained variance increases to 42.6%.
Notas
Indexación: Scopus.
Palabras clave
entrepreneurial orientation, international performance, PLS family firms, Socioemotional wealth, Socioemotional Wealth, Family Firms, Familiness
Citación
Economic Research-Ekonomska Istrazivanja, Volume 33, Issue 1, Pages 3125 - 31451, January 2020
DOI
DOI: 10.1080/1331677X.2019.1685398
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