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Direct and indirect effects of SEWi, family human capital and social capital on organizational social capital in small family firms

Author

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  • Orlando Llanos-Contreras

    (Universidad Católica de la Santísima Concepción)

  • Hugo Baier-Fuentes

    (Universidad Católica de la Santísima Concepción)

  • María Huertas González-Serrano

    (Universidad Católica de Valencia)

Abstract

Given the importance of social capital in organizations, this research answers the question of how socioemotional wealth importance (SEWi), family human capital and family social capital influence organizational social capital in small family firms. Based on a sample of 334 small family businesses from the Biobío Region in Chile, a partial least squares structural equation modeling analysis (PLS-SEM) was performed. The results do not provide support for the predicted direct influence of family social capital on organizational social capital, but they support an indirect influence through SEWi and family human capital, both of which have a direct and positive influence on family firms’ organizational social capital. This means that SEWi and family human capital play a central role in generating organizational social capital in small family firms. It also suggests that both ability and willingness of family businesses play a role in allowing these firms to successfully transfer social capital from the family to the business system.

Suggested Citation

  • Orlando Llanos-Contreras & Hugo Baier-Fuentes & María Huertas González-Serrano, 2022. "Direct and indirect effects of SEWi, family human capital and social capital on organizational social capital in small family firms," International Entrepreneurship and Management Journal, Springer, vol. 18(4), pages 1403-1418, December.
    • Handle: RePEc:spr:intemj:v:18:y:2022:i:4:d:10.1007_s11365-020-00725-3
    DOI: 10.1007/s11365-020-00725-3
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    References listed on IDEAS

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    1. Jiafeng Gu, 2024. "Family social capital and entrepreneurship in rural China: potential mediating mechanisms," Economic Change and Restructuring, Springer, vol. 57(4), pages 1-30, August.
    2. František Synák, 2023. "Problems and Opportunities within the Wine Industry in Terms of the COVID-19 Pandemic," Agriculture, MDPI, vol. 13(3), pages 1-20, March.
    3. Gomez-Mejia, Luis R. & Mendoza-Lopez, Anabel & Cruz, Cristina & Duran, Patricio & Aguinis, Herman, 2024. "Socioemotional wealth in volatile, uncertain, complex, and ambiguous contexts: The case of family firms in Latin America and the Caribbean," Journal of Family Business Strategy, Elsevier, vol. 15(1).

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