Publication:
Family business performance in a post-disaster scenario: The influence of socioemotional wealth importance and ntrepreneurial orientation

No Thumbnail Available
Date
2019
Authors
Dr. Llanos-Contreras, Orlando
Alonso Dos Santos, Manuel
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of Business Research
Research Projects
Organizational Units
Journal Issue
Abstract
Natural disasters are becoming more frequent and severe and pose a threat to family firms' survival. It is important to address the rarely examined question of how the variables of socioemotional wealth importance (SEWi) and entrepreneurial orientation (EO) interact to influence the performance of family businesses in a post-disaster scenario. This study is based on a sample of 307 family businesses that suffered damage as a result of the 2010 earthquake in the Province of Concepción, Chile. Comparative analysis was performed using partial least squares structural equation modeling (PLS-SEM) and qualitative comparative analysis (QCA). The PLS-SEM results support all study hypotheses. The QCA results yield five models that explain post-disaster performance. The model with the greatest coverage includes the EO variables of competitive aggressiveness, internal innovativeness, and external innovativeness. However, SEWi is relevant in terms of its interaction with the rest of the variables in three of the five models.
Description
Keywords
Entrepreneurial orientation, Socioemotional wealth, Family firms, Natural disasters, Recovery, Small and medium-sized businesses
Citation
Collections