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, pp. 175-200. ISBN 9781838675721 [Book Section]

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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:	Date Event 12 December 2019 Accepted 12 January 2021 Published
Item ID:	27790
Date Deposited:	20 Dec 2019 09:39
Last Modified:	13 Jun 2021 04:44
URI:	https://research.gold.ac.uk/id/eprint/27790

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