IDEAS home Printed from https://ideas.repec.org/a/ids/ijesbu/v47y2022i1p59-81.html
   My bibliography  Save this article

The influence of family commitment on the socioemotional wealth agenda of Spanish family firms: the effects on performance

Author

Listed:
  • M. Katiuska Cabrera-Suárez
  • Josefa D. Martín-Santana

Abstract

Socioemotional wealth (SEW) is recognised as a relevant approach to analyse the idiosyncratic nature of family firms (FFs). However, scholars have suggested that SEW may have both a bright and a dark side in relation to its influence on FFs behaviour and performance, and that family influence may play a key role in this issue. We analyse the effect of family commitment on the orientation to an extended or a restricted SEW agenda and on the economic performance of the FF. The analysis of data from 374 family and non-family managers in 173 Spanish non-listed FFs shows that both an extended and restricted SEW agendas derive from family commitment, but only the goals related to an extended SEW lead to better performance. A multigroup analysis shows that the positive performance effects of the extended SEW agenda can only be obtained when family managers are a majority in the top management teams (TMTs).

Suggested Citation

  • M. Katiuska Cabrera-Suárez & Josefa D. Martín-Santana, 2022. "The influence of family commitment on the socioemotional wealth agenda of Spanish family firms: the effects on performance," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 47(1), pages 59-81.
    • Handle: RePEc:ids:ijesbu:v:47:y:2022:i:1:p:59-81
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=126351
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijesbu:v:47:y:2022:i:1:p:59-81. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=74 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.