Performance in family firm: Influences of socioemotional wealth and managerial capabilities

Journal article

Ng, P. and Mumin D., Di Benedetto, A. 2019. Performance in family firm: Influences of socioemotional wealth and managerial capabilities. Journal of Business Research. 102, pp. 178-190. https://doi.org/10.1016/j.jbusres.2019.05.026
AuthorsNg, P. and Mumin D., Di Benedetto, A.
Abstract

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.

KeywordsFamily business ; Socioemotional wealth; Managerial capabilities; Performance
Year2019
JournalJournal of Business Research
Journal citation102, pp. 178-190
PublisherElsevier
ISSN0148-2963
Digital Object Identifier (DOI)https://doi.org/10.1016/j.jbusres.2019.05.026
Official URLhttps://doi.org/10.1016/j.jbusres.2019.05.026
Publication dates
Print04 Jun 2019
Publication process dates
Accepted23 May 2019
Deposited24 Nov 2021
Accepted author manuscript
License
Output statusPublished
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https://repository.canterbury.ac.uk/item/8z9w6/performance-in-family-firm-influences-of-socioemotional-wealth-and-managerial-capabilities

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