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

Poh Yen Ng, Mumin Dayan, Anthony Di Benedetto

    Research output: Contribution to journalArticlepeer-review

    24 Citations (Scopus)

    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.

    Original languageEnglish
    Pages (from-to)178-190
    Number of pages13
    JournalJournal of Business Research
    Volume102
    DOIs
    Publication statusPublished - Sep 2019

    Keywords

    • Family business
    • Managerial capabilities
    • Performance
    • Socioemotional wealth

    ASJC Scopus subject areas

    • Marketing

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