Bonding Family Social Capital And Firm Performance Pdf

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Published: 28.04.2021

Social capital is "the networks of relationships among people who live and work in a particular society, enabling that society to function effectively". Social capital is a measure of the value of resources, both tangible e.

• Bonding and bridging social capital in family firm internationalization
• Social capital
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This research studied homophily of network ties in distributed teams in both task-related instrumental networks and non-task related expressive networks.

Bonding and bridging social capital in family firm internationalization

In particular, we investigate how family firms are able to keep control over operations outsourced to foreign partners. Prior research focused on understanding how firms control their GVC has mainly concentrated on large multinational enterprises. However, while large multinational enterprises can overcome transaction cost complexities by exploiting their superior legitimacy and power control over weaker firms, family SMEs often do not have that amount of power due to financial and managerial constrains. In this study, we thus conceptually examine a unique characteristic that can help family SMEs to overcome resource limits and gain control over the GVC: their distinctive social capital. Findings : Family SMEs can exploit their superior social capital in order to build long-term relationships based on trust with foreign partners, thereby being able to control their GVC without legally owning it. Research limits : The study is conceptual, future research should test the model and empirically examine the theorized mechanisms. Social capital is only grasped according to its positive side and in relation to cohesion, future research should examine the negative side of social capital and the role of conflict in our model.

Social capital

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European Journal of Family Business is an open access, peer-reviewed journal published half-yearly. The journal publishes research papers in the field of family-controlled enterprise. Authors are encouraged to submit complete unpublished and original works, which are not under review in any other journals.

У Беккера застрял комок в горле.

 Помнишь, что случилось в прошлом году, когда Стратмор занимался антисемитской террористической группой в Калифорнии? - напомнила. Бринкерхофф кивнул. Это было одним из крупнейших достижений Стратмора.