Socioemotional Wealth Perspective on the Manifestation of Entrepreneurial Orientation within Saudi Family Firms

Alrubaishi, Dalal; Robson, Paul; Haugh, Helen; Doern, Rachel and Wales, William. 2021. Socioemotional Wealth Perspective on the Manifestation of Entrepreneurial Orientation within Saudi Family Firms. In: A. C. Corbett; P. Kreiser; L. Marino and W. Wales, eds. Entrepreneurial Orientation: Epistemological, Theoretical & Empirical Perspectives. 22 Bingley: Emerald. ISBN 9781838675721 [Book Section] (In Press)

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Abstract or Description

This study investigates the impact of socio-emotional wealth (SEW) on family firm entrepreneurial orientation (EO) in a tribalistic society, and the moderating effect of generational involvement on this relationship. Our data set comprises 241 private wholly owned family firms in Saudi Arabia. We examine EO as a strategic orientation expressed in terms of both what firms do behaviorally, and how managers approach risk-taking attitudinally. Our study finds that SEW is positively related to firms’ entrepreneurial behavior, but not managerial attitudes toward risk-taking. However, the positive effects of SEW on firms’ entrepreneurial behavior diminish as the number of generations involved in the family business increases. The implications for enabling entrepreneurship in transforming economies adhering to strong cultural norms are discussed.

Item Type:

Book Section

Additional Information:

Advances in Entrepreneurship, Firm Emergence and Growth book series ISSN: 1074-7540

Keywords:

Family firms; entrepreneurial orientation; socioemotional wealth; generational involvement; Saudi Arabia

Departments, Centres and Research Units:

Institute of Management Studies

Dates:

DateEvent
12 December 2019Accepted
12 January 2021Published

Item ID:

27790

Date Deposited:

20 Dec 2019 09:39

Last Modified:

20 Aug 2020 22:49

URI:

http://research.gold.ac.uk/id/eprint/27790

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