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Cited by 88 publications
(86 citation statements)
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“…Social capital is the importance of interactions and networking with individuals and corporations for the benefit of the current and long-term benefit of the family business [85]. Sorenson and Bierman [86] note that when family members maintain good social capital, they will expand the firm's human and financial capital. Therefore, together the three components of family capital are critical for the family firm's sustainability across generations.…”
Section: Family Capitalmentioning
confidence: 99%
“…Social capital is the importance of interactions and networking with individuals and corporations for the benefit of the current and long-term benefit of the family business [85]. Sorenson and Bierman [86] note that when family members maintain good social capital, they will expand the firm's human and financial capital. Therefore, together the three components of family capital are critical for the family firm's sustainability across generations.…”
Section: Family Capitalmentioning
confidence: 99%
“…In this regard, family firms exhibit the characteristics and attitudes of trust, friendship, respect, and reciprocity, developed through a history of interactions; these are engendered in the family group and decrease opportunistic behaviour (e.g. Coleman, 1988;Salvato and Melin, 2008;Sorenson and Bierman, 2009). Third, in terms of the cognitive dimension, the presence of family members with similar cultural and goal-setting objectives provides the advantage of facilitating the exchange of resources, and therefore enhances performance, because all parties see the potential value of the integration and combination of their resources (Chirico and Salvato, 2008;.…”
Section: Family Social Capital and Firm Performancementioning
confidence: 99%
“…Examples include the role of family enterprises in new venture creation, the informal economy, innovation, and different institutional contexts. In addition, the topical issues published in FBR over the last few years on family capital, accounting, and marketing have helped identify exciting new avenues for future research (e.g., Reuber & Fischer, 2011;Salvato & Moores, 2010;Sorenson & Bierman, 2009).…”
Section: Reach Of Family Business Studiesmentioning
confidence: 99%