Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency

Determining what factors influence firm performance constitutes an essential issue in both the management and the family firm research fields. This article, building on the resource-based view perspective, develops a mediation model that involves a unique intervening mechanism, namely, technological...

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Main Authors: Martínez Alonso, Rubén, Martínez Romero, María José, Rojo Ramírez, Alfonso Andrés
Format: info:eu-repo/semantics/article
Language:English
Published: Sage 2023
Subjects:
Online Access:http://hdl.handle.net/10835/14680
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author Martínez Alonso, Rubén
Martínez Romero, María José
Rojo Ramírez, Alfonso Andrés
author_facet Martínez Alonso, Rubén
Martínez Romero, María José
Rojo Ramírez, Alfonso Andrés
author_sort Martínez Alonso, Rubén
collection DSpace
description Determining what factors influence firm performance constitutes an essential issue in both the management and the family firm research fields. This article, building on the resource-based view perspective, develops a mediation model that involves a unique intervening mechanism, namely, technological innovation efficiency (TI efficiency), with the potential to explain the inconsistencies found in prior work on the ways through which family involvement in management affects performance outcomes. Regression analyses utilizing a longitudinal sample of 1,118 Spanish private firms largely support the hypothesized mediating relationship, revealing that TI efficiency leads to richer firm performance in family firms with active family involvement in management. Overall, our findings help elucidate the black box of performance outcomes within family firms and make several contributions to theory and practice.
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spelling oai:repositorio.ual.es:10835-146802023-11-23T18:07:09Z Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency Martínez Alonso, Rubén Martínez Romero, María José Rojo Ramírez, Alfonso Andrés Family firm family involvement in management firm performance technological innovation efficiency resource-based view Determining what factors influence firm performance constitutes an essential issue in both the management and the family firm research fields. This article, building on the resource-based view perspective, develops a mediation model that involves a unique intervening mechanism, namely, technological innovation efficiency (TI efficiency), with the potential to explain the inconsistencies found in prior work on the ways through which family involvement in management affects performance outcomes. Regression analyses utilizing a longitudinal sample of 1,118 Spanish private firms largely support the hypothesized mediating relationship, revealing that TI efficiency leads to richer firm performance in family firms with active family involvement in management. Overall, our findings help elucidate the black box of performance outcomes within family firms and make several contributions to theory and practice. 2023-11-23T18:07:09Z 2023-11-23T18:07:09Z 2022 info:eu-repo/semantics/article Martínez-Alonso, R., Martínez-Romero, M. J., & Rojo-Ramírez, A. A. (2022). Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency. BRQ Business Research Quarterly, 25(4), 337-351. https://doi.org/10.1177/2340944420957330 2340-9444 http://hdl.handle.net/10835/14680 en https://journals.sagepub.com/doi/full/10.1177/2340944420957330 Attribution-NonCommercial-NoDerivatives 4.0 Internacional http://creativecommons.org/licenses/by-nc-nd/4.0/ info:eu-repo/semantics/openAccess Sage
spellingShingle Family firm
family involvement in management
firm performance
technological innovation efficiency
resource-based view
Martínez Alonso, Rubén
Martínez Romero, María José
Rojo Ramírez, Alfonso Andrés
Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency
title Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency
title_full Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency
title_fullStr Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency
title_full_unstemmed Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency
title_short Refining the influence of family involvement in management on firm performance: The mediating role of technological innovation efficiency
title_sort refining the influence of family involvement in management on firm performance: the mediating role of technological innovation efficiency
topic Family firm
family involvement in management
firm performance
technological innovation efficiency
resource-based view
url http://hdl.handle.net/10835/14680
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