Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Investigating social capital, trust and commitment in family business: case of media firms

Investigating social capital, trust and commitment in family business: case of media firms The purpose of this paper is to investigate social capital's effect on family business development in selected family media firms.Design/methodology/approachThe statistical population includes 100 individuals who run a family business in this industry. Eighty individuals are selected as the research sample through the stratified random sampling method. The data are collected using a questionnaire. The authors used structural equation modelling method for data analysis.FindingsThe results indicate that social capital affects the development of family businesses in media firms. According to the results obtained from the structural equation test, the effect of the relational dimension of social capital on trust and the effect of the cognitive and structural dimensions of social capital on trust are supported, while the effect of the relational dimension of social capital on commitment as well as the effect of the cognitive dimension of social capital on trust are not supported.Practical implicationsThis research could help family firms in media industries improve trust and commitment by paying attention to different aspects of social capital. Besides, it shows that even the impact of relational and cognitive social capital, respectively, on commitment and trust, are not supported; these two could affect trust and commitment, respectively.Originality/valueThe paper is among the first studies that investigate family firms in media industries. Besides, the relationships between relational, cognitive and structural aspects of social capital and trust and commitment are rarely studied in the literature as two determinants of family business development. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Family Business Management Emerald Publishing

Investigating social capital, trust and commitment in family business: case of media firms

Download PDF
21 pages

Loading next page...
 
/lp/emerald-publishing/investigating-social-capital-trust-and-commitment-in-family-business-eLoqYuAUBJ
Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2043-6238
DOI
10.1108/jfbm-02-2021-0013
Publisher site
See Article on Publisher Site

Abstract

The purpose of this paper is to investigate social capital's effect on family business development in selected family media firms.Design/methodology/approachThe statistical population includes 100 individuals who run a family business in this industry. Eighty individuals are selected as the research sample through the stratified random sampling method. The data are collected using a questionnaire. The authors used structural equation modelling method for data analysis.FindingsThe results indicate that social capital affects the development of family businesses in media firms. According to the results obtained from the structural equation test, the effect of the relational dimension of social capital on trust and the effect of the cognitive and structural dimensions of social capital on trust are supported, while the effect of the relational dimension of social capital on commitment as well as the effect of the cognitive dimension of social capital on trust are not supported.Practical implicationsThis research could help family firms in media industries improve trust and commitment by paying attention to different aspects of social capital. Besides, it shows that even the impact of relational and cognitive social capital, respectively, on commitment and trust, are not supported; these two could affect trust and commitment, respectively.Originality/valueThe paper is among the first studies that investigate family firms in media industries. Besides, the relationships between relational, cognitive and structural aspects of social capital and trust and commitment are rarely studied in the literature as two determinants of family business development.

Journal

Journal of Family Business Management – Emerald Publishing

Published: Dec 1, 2022

Keywords: Social capital; Family business; Trust; Commitment; Iran; Media industry

References

  • Social capital, market competition, and productivity growth in family businesses in Ghana
    Acquaah, M.
  • Facilitating family business diversification through extra industry network: evidence from South Eastern Nigeria
    Agbim, K.C.
  • The pervasive effects of family on entrepreneurship: toward a family embeddedness perspective
    Aldrich, H.E.; Cliff, J.E.
  • A model for the role of trust in firm level performance: the case of family businesses
    Allen, M.R.; George, B.A.; Davis, J.H.
  • Antecedent to development and growth of family businesses in Iran
    Amiri, N.S.; Moghimi, S.M.; Tarjoman, V.
  • The family social capital impact in practices of learning, change and innovation in entrepreneurial family businesses
    Andrade, D.M.; de Lima, J.B.; Antonialli, L.M.; de Muylder, C.F.
  • Organisational social capital, structure and performance
    Andrews, R.
  • Using a dual role assignment to improve group dynamics and performance: the effects of facilitating social capital in teams
    Aquino, K.; Serva, M.A.
  • The development of organisational social capital: attributes of family firms
    Arregle, J.L.; Hitt, M.A.; Sirmon, D.G.; Very, P.
  • Financing decisions of migrant family businesses: the case of a Ghanaian-owned shop in Kent
    Boateng, B.; Silva, M.; Seaman, C.
  • The innovation and internationalisation processes of family businesses
    Braga, V.; Correia, A.; Braga, A.; Lemos, S.
  • Family as source, user, and builder of social capital
    Bubolz, M.
  • Family social capital, trust within the TMT, and the establishment of corporate goals related to non-family stakeholders
    Cabrera-Suárez, M.K.; Déniz-Déniz, M.C.; Martín-Santana, J.D.
  • Minority family business in emerging markets: organisation forms and competitive advantage
    Carney, M.
  • A measure of variations in internal social capital among family firms
    Carr, J.C.; Cole, M.S.; Ring, J.K.; Blettner, D.P.
  • The economics of the family firm
    Casson, M.
  • Family social capital, venture preparedness, and start-up decisions: a study of Hispanic entrepreneurs in New England
    Chang, E.P.; Memili, E.; Chrisman, J.J.; Kellermanns, F.W.; Chua, J.H.
  • The effect of human and social capital on entrepreneurial activities: a case study of Iran and implications
    Chitsaz, E.; Tajpour, M.; Hosseini, E.; Khorram, H.; Zorrieh, S.
  • Self-serving or self-actualising? Models of man and agency costs in different types of family firms: a commentary on Comparing the agency costs of family and non-family firms: conceptual issues and exploratory evidence
    Corbetta, G.; Salvato, C.
  • Does family employment enhance MSEs performance? Integrating socioemotional wealth and family embeddedness perspectives
    Cruz, C.; Justo, R.; De Castro, J.O.
  • Family capital of family firms: bridging human, social, and financial capital
    Danes, S.M.; Stafford, K.; Haynes, G.; Amarapurkar, S.S.
  • Is blood thicker than water? A study of stewardship perceptions in family business
    Davis, J.H.; Allen, M.R.; Hayes, H.D.
  • Engagement with online media
    Davis Mersey, R.; Malthouse, E.C.; Calder, B.J.
  • The relationship between media use and public opinion on immigrants and refugees: a Belgian perspective
    De Coninck, D.; Matthijs, K.; Debrael, M.; Joris, W.; De Cock, R.; d'Haenens, L.
  • Organisational structure, innovation performance and customer relationship value in the Greek advertising and media industry
    Dekoulou, P.; Trivellas, P.
  • Voluntary turnover, social capital, and organisational performance
    Dess, G.G.; Shaw, J.D.
  • Individual and relationship capital: implications for theory and research on families
    Dollahite, D.; Rommel, J.
  • Parent–child relationships: planting the seeds of deviant behavior in the family firm
    Eddleston, K.A.; Kidwell, R.E.
  • Trust, commitment and relationships in family business: Challenging conventional wisdom
    Eddleston, K.A.; Morgan, R.M.
  • Resource configuration in family firms: linking resources, strategic planning and technological opportunities to performance
    Eddleston, K.A.; Kellermanns, F.W.; Sarathy, R.
  • Governance and trust in family firms: an introduction
    Eddleston, K.A.; Chrisman, J.J.; Steier, L.P.; Chua, J.H.
  • The context-dependent nature of small firms' relations with support agencies: a three-sector study in the UK
    Edwards, P.; Sengupta, S.; Tsai, C.J.
  • Family businesses in North Macedonia: evidence on the second generation motivation and entrepreneurial mindset
    Ejupi-Ibrahimi, A.; Ramadani, V.; Ejupi, D.
  • Trust based relationships between family members and long-term employees of family-owned SMEs
    Erdem, F.; Atsan, N.
  • Business or culture? Family firms in the Finnish media business in the 20th century
    Fellman, S.; Leino-Kaukiainen, P.
  • When social capital stifles innovation
    Florida, R.; Cushing, R.; Gates, G.
  • The concept of ‘Familiness’: literature review and systems theory-based reflections
    Frank, H.; Lueger, M.; Nose, L.; Suchy, D.
  • Socioemotional wealth and business risks in family-controlled firms: evidence from Spanish olive oil mills
    Gómez-Mejía, L.R.; Haynes, K.T.; Núñez-Nickel, M.; Jacobson, K.J.L.; Moyano-Fuentes, J.
  • Interplay among innovativeness, cognitive intelligence, emotional intelligence and social capital of work teams
    Goyal, A.; Ahkilesh, K.B.
  • The influence of political skill on career success in an Ecuadorian family firm: the mediating role of affective commitment
    Hayek, M.; Randolph-Seng, B.; Atinc, G.; Montalvo, D.
  • How familial is family social capital? Analysing bonding social capital in family and non-family firms
    Herrero, I.
  • Achieving sustained competitive advantage: a family capital theory
    Hoffman, J.; Hoelscher, M.; Sorenson, R.
  • Building trust: media executives' perceptions of readers' trust
    Kalsnes, B.; Krumsvik, A.H.
  • Strategic alliances as social capital: a multidimensional view
    Koka, B.R.; Prescott, J.E.
  • Rethinking trust
    Kramer, R.M.
  • Copreneurial women in start-ups: growth-oriented or lifestyle? An aid for technology industry investors
    Kuschel, K.; Lepeley, M.-T.
  • Managing human resources in family firms: the problem of institutional overlap
    Lansberg, I.S.
  • Attachment, interpersonal problems, and family of origin functioning: differences between partner violent and nonpartner violent men
    Lawson, D.M.
  • Social capital and organizational performance: evidence from urban public schools
    Leana, C.R.; Pil, F.K.
  • Boundaries of social capital in entrepreneurship
    Light, I.; Dana, L.P.
  • Electronic word of mouth impacts: a spotlight on customer integration
    Lis, B.; Horst, M.
  • Understanding how inequality in the distribution of income affects health
    Lynch, J.W.; Kaplan, G.A.
  • Configurations of human, social, and financial capital as predictors of new family firm success
    Mallon, M.; Klinger, R.L.; Lanivich, S.E.
  • Corporate entrepreneurship and innovation performance in established Iranian media firms
    Minafam, Z.
  • Productivity and survival of family firms in Japan
    Morikawa, M.
  • The effect of cognitive and relational social capital on structural social capital and micro-enterprise performance
    Muniady, R.A.L.; Mamun, A.A.; Mohamad, M.R.; Permarupan, P.Y.; Zainol, N.R.B.
  • How does family capital influence the resilience of family firms?
    Mzid, I.; Khachlouf, N.; Soparnot, R.
  • Social capital, Intellectual capital and the organisational advantage
    Nahapiiet, J.; Ghoshal, S.
  • Let's start an online news site: opportunities, resources, strategy, and formational myopia in startups
    Naldi, L.; Picard, R.G.
  • Interfirm cooperation capability in the context of networking family firms: the role of power
    Niemelä, T.
  • Social capital: a review of its dimensions and promise for future family enterprise research
    Nordstrom, O.A.; Steier, L.
  • The Reuters institute digital news report 2018
    Newman, N.; Fletcher, R.; Kalogeropoulos, A.; Levy, D.A.L.; Nielsen, R.K.
  • Benefits-based drivers of exporters' attitudinal commitment toward their foreign distributors
    Obadia, C.
  • The most influential family business articles from 2006 to 2013 using five theoretical perspectives
    Odom, D.L.; Chang, E.P.; Chrisman, J.J.; Sharma, P.; Steier, L.
  • From family affair to corporate subsidiary: the contradictory fortune of sundsvalls tidning
    Ohlsson, J.
  • Impact of family and business on family business sustainability
    Olson, P.D.; Zuiker, V.S.; Danes, S.M.; Stafford, K.; Heck, R.K.Z.; Duncan, K.A.
  • Entrepreneurial intentions: trust and network ties in online and face-to-face students
    Pérez-Macías, N.; Fernández-Fernández, J.L.; Rua Vieites, A.
  • Toward a theory of familiness: a social capital perspective
    Pearson, A.W.; Carr, J.C.; Shaw, J.C.
  • A typology of risk in family media enterprises
    Picard, R.G.
  • The role of relational social capital in examining exporter-intermediary relationships
    Pinho, J.C.M.
  • Family-owned newspapers: filling niches in local US communities
    Powers, A.; Broadrick Sohn, A.; Briggs-Bunting, J.
  • Strategic management in the family businesses
    Ramadani, V.; Memili, E.; Palalić, R.; Chang, E.P.
  • Nature of family business
    Ramadani, V.; Memili, E.; Palalić, R.; Chang, E.P.
  • Institutional influences on entrepreneurial behaviours in the family entrepreneurship context: towards an integrative framework
    Randerson, K.; Seaman, C.; Daspit, J.J.; Barredy, C.
  • Downsizing effects on personnel: the case of layoff survivors in US newspapers
    Reinardy, S.
  • From social capital to entrepreneurial orientation: the mediating role of dynamic capabilities
    Rodrigo-Alarcón, J.; García-Villaverde, P.M.; Ruiz-Ortega, M.J.; Parra-Requena, G.
  • Investigating the knowledge management effect on managers' skills improvement
    Sabokro, M.; Mehdi, T.; Hosseini, E.
  • Identification of the challenges of media startup creation in Iran
    Salamzadeh, A.; Tajpour, M.
  • Social entrepreneurship education in higher education: insights from a developing country
    Salamzadeh, A.; Azimi, M.A.; Kirby, D.A.
  • Creation of ICT-based social start-ups in Iran: a multiple case study
    Salamzadeh, A.; Arasti, Z.; Elyasi, G.M.
  • Proposing a supportive framework for creation of social startups in accelerators
    Salamzadeh, A.; Arasti, Z.; Elyasi, G.
  • Guest editorial: media entrepreneurship and web 3.0, the way passed, the way forward
    Salamzadeh, Y.; Williams, I.; Labafi, S.
  • The effect of media convergence on exploitation of entrepreneurial opportunities
    Salamzadeh, A.; Markovic, M.R.; Masjed, S.M.
  • Human capital and the performance of Iranian digital startups: the moderating role of knowledge sharing behaviour
    Salamzadeh, A.; Tajpour, M.; Hosseini, E.; Salembrahmi, M.
  • Creating value across generations in family-controlled businesses: the role of family social capital
    Salvato, C.; Melin, L.
  • The role of internal social capital in organisational innovation. An empirical study of family firms
    Sanchez-Famoso, V.; Maseda, A.; Iturralde, T.
  • Family social capital in the family firm: a taxonomic classification, relationships with outcomes, and directions for advancement
    Sanchez-Ruiz, P.; Daspit, J.J.; Holt, D.T.; Rutherford, M.W.
  • Managing the online crowd: motivations for engagement in user-generated content
    Schaedel, U.; Clement, M.
  • Social identity and family business: exploring family social capital
    Schmidts, T.; Shepherd, D.
  • Commentary: familiness: capital stocks and flows between family and business
    Sharma, P.
  • Four bases of family business successor commitment: antecedents and consequences
    Sharma, P.; Irving, P.G.
  • Market orientation and entrepreneurship in Chinese family business: a socialisation view
    Shi, H.X.; Dana, L.P.
  • Social capital in entrepreneurial family businesses: the role of trust
    Shi, H.X.; Shepherd, D.M.; Schmidts, T.
  • Family ownership and financial reporting quality: Iranian evidence
    Shiri, M.M.; Salehi, M.; Abbasi, F.; Farhangdoust, S.
  • Managing resource: linking unique resource, management and wealth creation in family firms
    Sirmon, D.G.; Hitt, M.A.
  • An investigation of the effect of family influence on Commitment–Trust in retailer–vendor strategic partnerships
    Smith, D.; Hair, J.F.; Ferguson, K.
  • Corporate entrepreneurship education's impact on family business sustainability: a case study in Brazil
    Soares, G.G.; Braga, V.; Marques, C.; Ratten, V.
  • Family capital, family business, and free enterprise
    Sorenson, R.L.; Bierman, L.
  • Social networks and the performance of individual groups
    Sparrowe, R.T.; Liden, R.C.; Wayne, S.J.; Kraimer, M.L.
  • Family firms, plural forms of governance, and the evolving role of trust
    Steier, L.
  • Sustaining trust within family businesses
    Sundaramurthy, C.
  • The role of networks of practice, value sharing, and operational proximity in knowledge flows between professional groups
    Tagliaventi, M.R.; Mattarelli, E.
  • The effect of spiritual intelligence on organisational entrepreneurship: case study of educational departments in University of Tehran
    Tajpour, M.; Salamzadeh, A.
  • Identify the impact of emotional intelligence on corporate entrepreneurship
    Tajpour, M.; Moradi, F.; Moradi, N.
  • Towards the third generation of universities with an entrepreneurial approach
    Tajpour, M.; Kawamorita, H.; Demiryurek, K.
  • Entrepreneurship opportunities: the effect of social entrepreneurship on the presence of Afghan immigrant youth in Iranian universities
    Tajpour, M.; Hosseini, E.; Alizadeh, R.
  • The relationship between trust, attachment, and antisocial work behaviors
    Thau, S.; Crossley, C.; Bennett, R.J.; Sczesny, S.
  • Family business in Vietnam and in Poland: review of characteristics and trends of development
    Tien, N.H.; Minh, H.T.T.; Ngoc, N.M.; Nhan, M.K.
  • Individual and contextual correlates of trust in media across 44 countries
    Tsfati, Y.; Ariely, G.
  • Linking bonding and bridging ownership social capital in private firms: moderating effects of ownership–management overlap and family firm identity
    Uhlaner, L.M.; Matser, I.A.; Berent-Braun, M.M.; Flören, R.H.
  • Practitioner commentary: moving from theory to practice in family business research
    Vought, K.; Baker, L.; Smith, G.
  • Japanese networks for top-performing films: repeated teams preserve uniqueness
    Wakabayashi, N.; Yamashita, M.; Yamada, J.I.
  • Social capital and competitive advantages of family businesses
    Wang, Y.; Poutziouris, P.; Graves, C.
  • A Japan–US cross-cultural study of relationships among team autonomy, organisational social capital, job satisfaction, and organisational commitment
    Yamaguchi, I.
  • Harvesting family firms' organisational social capital: a relational perspective
    Zahra, S.A.
  • How much do you trust me? The dark side of relational trust in new business creation in established companies
    Zahra, S.A.; Yavuz, R.I.; Ucbasaran, D.
  • Knowledge management and human resources performance: evidence from Turkish family businesses
    Zaim, H.; Ramadani, V.; Dinibutun, S.R.; Gërguri-Rashiti, S.; Said, D.S.
  • Exploring the concept of familiness: introducing family firm identity
    Zellweger, T.M.; Eddleston, K.A.; Kellermanns, F.W.
  • Building a family firm image: how family firms capitalise on their family ties
    Zellweger, T.M.; Kellermanns, F.W.; Eddleston, K.A.; Memili, E.
  • Designing a comprehensive model of entrepreneurial university in the science and technology parks
    Ziyae, B.; Tajpour, M.
  • Social capital configuration, legal bonds and performance in buyer–supplier relationships
    Carey, S.; Lawson, B.; Krause, R.
  • Regions matter: how localised social capital affects innovation and external knowledge acquisition
    Laursen, K.; Masciarelli, F.; Prencipe, A.