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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/16094

Title: The entrepreneurial orientation–performance relationship in private family firms: the moderating role of socioemotional wealth
Authors: SCHEPERS, Jelle
Issue Date: 2014
Abstract: Drawing on socioemotional wealth (SEW) literature, this paper revisits the established entrepreneurial orientation (EO)–performance relationship in a family business context. The main idea in entrepreneurship literature is that EO leads to increased firm performance. We question this logic in a family business context because family related non-financial goals, like SEW, may prevent the firm to reap the fruits of their entrepreneurial efforts. Specifically, we argue that SEW engenders inefficiencies that place constraints on the realization of the benefits of entrepreneurship. Therefore, we propose that a high level of SEW preservation hinders the transmission of the family firm’s EO into positive performance effects. To test this hypothesis, an empirical study was developed using a sample of 232 Belgian private family firms. Robust linear regression analysis reveals that the positive effect of EO on financial performance decreases as the level of SEW preservation increases
Notes: Voordeckers, W (reprint author), Hasselt Univ, Kizok Res Ctr, Hasselt, Belgium. jelle.schepers@uhasselt.be; wim.voordeckers@uhasselt.be
URI: http://hdl.handle.net/1942/16094
DOI: 10.1007/s11187-013-9533-5
ISI #: 000335670200004
ISSN: 0921-898X
Category: A1
Type: Journal Contribution
Validation: ecoom, 2015
Appears in Collections: Research publications

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