Title: Exploring the asymmetric influence of socioemotional wealth priorities on entrepreneurial behaviour in family businesses

Authors: Orlando Llanos-Contreras; Manuel Alonso-Dos-Santos

Addresses: Facultad de Ciencias Económicas y Administrativas, Universidad Católica de la Santísima Concepción, Alonso de Ribera, 2850 Concepción, Chile ' Facultad de Ciencias Económicas y Administrativas, Universidad Católica de la Santísima Concepción, Alonso de Ribera, 2850 Concepción, Chile

Abstract: The objective of this study is to determine the socioemotional priorities that influence the entrepreneurial behaviour of family businesses. The sample includes 214 small and medium-sized family firms in the region of Biobío in Chile. The analysis methods include partial least squares (PLS) and qualitative comparative analysis (QCA). The results obtained through PLS show the direct influence of corporate reputation and social ties on entrepreneurial behaviour. In addition, QCA shows how the presence and/or absence of different socioemotional variables determine entrepreneurial behaviour. Consequently, the study proposes new ways of measuring socioemotional wealth and identifies antecedents of entrepreneurial behaviour in family businesses.

Keywords: socioemotional wealth; entrepreneurial behaviour; partial least squares; qualitative comparative analysis; family businesses; small and medium-sized enterprises; emotional attachment; corporate reputation; social ties; family identity; family succession.

DOI: 10.1504/EJIM.2018.094458

European Journal of International Management, 2018 Vol.12 No.5/6, pp.576 - 595

Received: 18 Aug 2017
Accepted: 03 Jan 2018
Published online: 03 Sep 2018 *

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