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Sustainable Entrepreneurial Orientation in Family Firms

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: closed (30 November 2021) | Viewed by 12792

Special Issue Editor


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Guest Editor
Faculty of Legal and Social Sciences, University of Castilla-La Mancha, 45071 Toledo, Spain
Interests: family business; social economy; entrepreneurial orientation; absorptive capacity; innovation; PLS
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

In recent years, the entrepreneurial orientation and social responsibility of the firm have focused the attention of scholars and researchers of family businesses. This Special Issue aims to delve deeper into the effects of sustainable entrepreneurial orientation in order to improve the competitiveness of family businesses. The analysis can consider the joint effect, separated from the entrepreneurial orientation and social responsibility of the company and even consider factors that moderate or mediate this effect. In this Special Issue, different forms can be considered to specify the performance of family businesses. Papers using a variety of qualitative and qualitative data analysis methods are welcome. This Special Issue focuses, among others, on the following topics:

  • Sustainable entrepreneurial orientation and generational level of the family business
  • Entrepreneurial sustainability and corporate governance in the family business
  • Sustainable entrepreneurial orientation and institutional environment
  • Strategies for internationalization and entrepreneurial sustainability
  • Server leadership and sustainability
  • Entrepreneurial sustainability and high-performance practices
  • Rural development and entrepreneurial sustainability

Prof. Dr. Felipe Hernández-Perlines
Guest Editor

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Keywords

  • Sustainable entrepreneurial orientation and generational level of the family business
  • Entrepreneurial sustainability and corporate governance in the family business
  • Sustainable entrepreneurial orientation and institutional environment
  • Strategies for internationalization and entrepreneurial sustainability
  • Server leadership and sustainability
  • Entrepreneurial sustainability and high-performance practices
  • Rural development and entrepreneurial sustainability

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Published Papers (2 papers)

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Research

17 pages, 329 KiB  
Article
Intergenerational Differences in Family Business Management and Their Influence on Business Profitability
by Jordi Moreno-Gené and José Luis Gallizo
Sustainability 2021, 13(12), 6979; https://doi.org/10.3390/su13126979 - 21 Jun 2021
Cited by 11 | Viewed by 5925
Abstract
The generational change in the family business opens up expectations of strategies such as sustainability, professionalisation and internationalisation. Yet, there are gaps in current literature which fail to explain whether there are benefits in such strategies according to their management, their generational status, [...] Read more.
The generational change in the family business opens up expectations of strategies such as sustainability, professionalisation and internationalisation. Yet, there are gaps in current literature which fail to explain whether there are benefits in such strategies according to their management, their generational status, and their effects on performance. This paper compared first with second and later generation companies through the relevant characteristics. A regression analysis was applied to a sample that was identified by the Spanish Family Business Institute with information on growth strategy, corporate governance, professionalisation, and ownership, that is supported by financial data for the period of 2016–2020. The results showed that, although the differences in terms of profitability were small between generations, there were significant differences in management that affected performance. Growth tended to be lower in the second and subsequent generations, which also h a greater tendency to internationalise, being motivated by the professionalisation of management. Previous works in the literature have analysed differences in profitability between generations, however the analysis in this present work investigated the origin of these differences. The results showed disparities in management that allowed for the obtaining of different profitability indices, and therefore are of practical importance in the management of the internationalisation, growth, and sustainability of the family business in the face of intergenerational succession. Full article
(This article belongs to the Special Issue Sustainable Entrepreneurial Orientation in Family Firms)
27 pages, 1405 KiB  
Article
Family Firms and Sustainability. A Longitudinal Analysis
by Carlos de las Heras-Rosas and Juan Herrera
Sustainability 2020, 12(13), 5477; https://doi.org/10.3390/su12135477 - 7 Jul 2020
Cited by 17 | Viewed by 6202
Abstract
Two-thirds of the world’s private companies are family owned. It is an organizational model that, despite the arrival of large corporations, remains and is still totally in place. The survival of these organizations is not easy, and is conditioned by multiple factors. The [...] Read more.
Two-thirds of the world’s private companies are family owned. It is an organizational model that, despite the arrival of large corporations, remains and is still totally in place. The survival of these organizations is not easy, and is conditioned by multiple factors. The research that addresses the sustainability of family businesses is numerous and has been conducted from multiple disciplines. This document investigates the trends in scientific production related to family businesses and their sustainability, using bibliometric techniques and SciMAT software. A total of 286 articles were analysed between 2003 and 2019 from the journals indexed in the Web of Science (WoS). The results suggest that, although there is a growing interest in the study of the sustainability of family businesses, there is instability in the centrality of the topics, which denotes the existence of a wide margin of development. The most influential and trend-setting themes emerge mainly concentrated in three lines: those that analyse factors that drive sustainability, such as socio-emotional wealth and stakeholders; those interested in knowing about methods or practices that favour sustainability, such as CSR, performance, management or innovation; and those that investigate factors that endanger survival, mainly intergenerational succession processes. The contribution of this work is that, through bibliometric techniques, it sheds light on the groups of topics that condition the sustainability of family businesses, which will help the scientific community in the orientation of future work in this field of research. Full article
(This article belongs to the Special Issue Sustainable Entrepreneurial Orientation in Family Firms)
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