How Familial Is Family Social Capital? Analyzing Bonding Social Capital in Family and Nonfamily Firms

By Ines Herrero. Family Business Review, 2018

120 citations recorded by the source corpus.

Family social capital (FSC) is acknowledged to be a unique asset that can provide firms with competitive advantages. Certain scholars, however, have questioned whether nonfamily firms can reproduce FSC and benefit from its advantages. If so, FSC may not be as unique as has been assumed. Our study analyzes three types of bonding social capital: capital held by nonfamily firms, and capital held by family and nonfamily members of family firms. We assess the effects that these types of bonding social capital exert on performance. Our empirical analysis of 400 firms suggests that FSC is unique and that nonfamily firms can only attempt to imitate it imperfectly.

Subfields: Accounting, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/90b098317ec31debe9214d8b26cf021ac48e3a6a

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In Accounting

In Management of Technology and Innovation

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Citations in the corpus

Family Firm Heterogeneity: A Definition, Common Themes, Scholarly Progress, and Directions Forward (2021, background): “For example, De Massis et al. (2013) highlighted the extent to which family firms vary in technological innovation, and Herrero (2018) found that although family social capital is unique to family firms, it is not the same in all family businesses.”