6533b825fe1ef96bd1282694

RESEARCH PRODUCT

Bonding family social capital and firm performance

Linda MurphyJuha Kansikas

subject

Response rate (survey)Economics and EconometricsLabour economicsEntrepreneurshipData collectionFinancial performanceFamily businessBusinessBusiness and International ManagementStructural equation modelingSocial capital

description

This study aims to empirically investigate the effect of bonding family social capital on financial firm performance. The data collection mechanism was a survey sent to all Finnish large and medium-sized FBs (staff >50) in the spring of 2008. In total, 167 questionnaires were collected indicating a response rate of 22.3%. The results are based on structural equation modelling. The results suggest that bonding family social capital has both a direct and indirect positive influence on family firm financial performance.

https://doi.org/10.1504/ijesb.2011.043474