Open Access
Managerial family ties and employee risk bearing in family firms: evidence from Spanish car dealers
(Wiley, 2018) Gómez Mejía, Luis R.; Larraza Kintana, Martín; Moyano Fuentes, José; Firfiray, Shainaz; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE; Gestión de Empresas
This article discusses that family firms in which the top management team (TMT) is dominated bynonfamily managers are more likely to shift risk to employees through incentive pay schemesthan family firms with TMTs dominated by family members. We also argue that this tendencyis aggravated in firms of bigger size, as this condition makes nonfamily managers more vulnerable. We further note that differences between family- and non-family-dominated TMTs maylessen when the sales trend is negative. The analyses conducted on a sample of 219 family-controlled car dealerships in Spain confirm our expectations.
Open Access
Do entrepreneurial role models influence the nascent entrepreneurial activity of immigrants?
(Wiley, 2015) Contín Pilart, Ignacio; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa
This paper examines how the influence of entrepreneurial role models in the individual’s decision to become a nascent entrepreneur is moderated by their socio-cultural fit. By looking at the entrepreneurial activity of immigrants, the paper proposes that, because of their lower sociocultural fit, immigrants are less likely to be influenced in their entrepreneurial activity by past and present entrepreneurs in the region where they live compared with the native population. Using a large database of 28,306 individuals in 50 Spanish provinces, the results confirm our hypothesis. The moderating effect of cultural distance and time of residence is also analyzed.
Open Access
Entrepreneurs' planning behavior and new firm performance
(Emerald, 2020-08-27) Contín Pilart, Ignacio; Larraza Kintana, Martín; Martín Sánchez, Víctor; Gestión de Empresas; Enpresen Kudeaketa; Gobierno de Navarra / Nafarroako Gobernua, PA03018
Purpose: Drawing on institutional logics theory, this paper aims to examine the determinants of entrepreneurs’ planning behavior in the first years of 212 Spanish new firms. Additionally, this study identifies four different planning profiles: systematic planner, early planner, late planner and non-planner. Design/methodology/approach: This study’s data structure is a (yearly) pooled cross-sectional time series. This paper investigates the determinants of planning behaviors among entrepreneurs, as well as the impact of that activity on new firm performance (i.e. employment growth). Findings: The results confirm the relevance of institutional forces in explaining the involvement of founders of new firms upon planning activities. Institutional factors, in the form of public external support seem to explain early- and systematic-planner behavior while the influence of entrepreneurial family background does so with late-planner behavior. Originality/value: The authors focus their attention on two key moments of a new venture’ life: the first year of operation and once the firm has overcome the four-year hurdle that is often used to distinguish new from established businesses. Four different patterns emerge: systematic planner (those who consistently plan over time), early planner (those who engage in planning activities in the early moments of the firm’s life but not later), late planner (those who do not plan at the beginning but end up conducting planning activities a few years later) and non-planner (those who never get involved in planning activities). This new division is an interesting additional feature of this study.
Open Access
Absorptive capacity in family firms: exploring the role of the CEO
(Emerald, 2024) Garcés Galdeano, Lucía; Kotlar, Josip; Caicedo Leitón, Ana Lucía; Larraza Kintana, Martín; Frattini, Federico; Gestión de Empresas; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE
Purpose: Absorptive capacity (AC), the ability to leverage external knowledge for innovation, helps explain the mixed findings on family firms' innovation performance. Our research focuses on the CEO's role - whether family or non-family, and founding or later generation - in influencing AC. We also explore how firm size and environmental dynamism affect these relationships, offering insights into varying AC levels among family firms. Design/methodology/approach: OLS regression models were estimated to test the hypotheses using a sample of 364 family firms in Spain. Findings: Family firms¿ absorptive capacity is greater when the CEO is a family member, and even more so when the family CEO belongs to the founding family generation. While AC diminishes in larger family firms this effect is mitigated when the CEO is a family member. The predicted moderating effect of environmental dynamisms is not supported by the analyses. Originality: This paper adds insights about the drivers of heterogeneity in innovation among family firms, addressing recent calls for more nuanced views of how family members drive the strategic behavior of the business, and incorporating considerations of different types of family firms based on the identity of the firm CEO. The results overall support the theoretical claims, but also open up important questions for future studies.
Open Access
When do women make a better table? Examining the influence of women directors on family firm's corporate social performance
(SAGE Publications, 2019) Cruz, Cristina; Justo, Rachida; Larraza Kintana, Martín; Garcés Galdeano, Lucía; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE; Gestión de Empresas
Our paper seeks to further understand the influence of gender board diversity on firms' corporate social performance (CPS) in the context of publicly held family firms. Grounded on corporate governance and family firm literature, we argue that the influence of women directors on CSP will be contingent on their relative power and legitimacy within the board, and that such dynamics are particularly important in family firm boardrooms. Our empirical results show that increases in CSP associated with the presence of women in the boards of family firms are due mainly to the presence of outsider nonfamily and insider family women directors. Implications for the theory of family firms are discussed.
Open Access
Are family firms really more socially responsible?
(SAGE, 2014) Cruz, Cristina; Larraza Kintana, Martín; Garcés Galdeano, Lucía; Berrone, Pascual; Gestión de Empresas; Enpresen Kudeaketa
This paper conducts an empirical study as to whether family firms are more socially responsible than their non-family counterparts, and explores the conditions in which this difference in social behavior occurs. We argue that family firms, given their socioemotional wealth bias, have a positive effect on social dimensions linked to external stakeholders, yet have a negative impact on internal social dimensions. Thus, family firms can be socially responsible and irresponsible at the same time. We also suggest that institutional and organizational conditions act as catalysts in the relationship between firm type and CSR. General support for our thesis that family firms neglect internal social dimensions came from the study of a sample of 598 listed European firms over a period of 4 years. Moreover, while national standards and industry conditions influence the degree of CSR in non-family firms, these factors do not affect family firms. However, family firms’ social activities are more sensitive to declining organizational performance.
Open Access
HPWS, technology and flexibility in the Spanish manufacturing industry: the moderating role of social capital
(Emerald Group Publishing Limited, 2015) Shijaku, Elio; Larraza Kintana, Martín; Urtasun Alonso, Ainhoa; Gestión de Empresas; Enpresen Kudeaketa
The purpose of this paper is to analyze a specific pattern of social capital and its pivotal role in the HPWS utilization. The paper uses Spanish cross-sectional data from the manufacturing industry to examine the moderating effects of external social capital derived from buyer-supplier relationships on HPWS, technology and flexibility. We propose a model of HPWS in which external social capital not only favours the use of HPWS but also moderates the incidence of other common facilitators such as technology and flexibility. Firms yielding external social capital use HPWS more intensely and that the effect of technology constituents on HPWS utilization is contingent to social capital accumulation. The findings are consistent with existing HR literature on the subject but broaden its perspective by analyzing a specific pattern of social capital and its pivotal role in the HPWS utilization process.
Open Access
Langile publikoen Lan Bizitzaren Kalitatea (LBK)
(Udako Euskal Unibertsitatea, 2017) Gastearena Balda, María Lourdes; Ollo López, Andrea; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa
Lan honen helburua da aztertzea zein diren determinatzaileaklangile publiko eta pribatuen Laneko Bizitzaren Kalitatea (LBK), ikusteko diferentziak ote dauden, eta ikusteko, halaber, kontratu finkoa edo behin-behinekoa izateak eragina ote duenlangileen LBKn. Horretarako aurkezten dugu Laneko Eskakizunen eta Baliabideen Teoria (LEB) izeneko erreferentzia esparrua, zeinaren bidez azaltzen baita, lan inguruneko eskakizunek eta baliabideek sortzen dituzten efektuen bidez, nola nabaritzen dituen langileak ondorio zuzenak eta zeharkakoak bere osasunean eta ongizatean. Emaitzek erakusten dute handiagoa dela langile publikoen eta kontratu finkodunen LBK, gogobetetasunaren arabera neurtzen badugu.
Open Access
Family firms in Iberoamerican countries
(Emerald Group Publishing Limited, 2013) Larraza Kintana, Martín; Cruz, Cristina; Belausteguigoitia Rius, Imanol; Gestión de Empresas; Enpresen Kudeaketa
The purpose of this paper is to introduce the special issue on family firms in Iberoamerican countries. The special issue aims at enlarging our understanding of the uniqueness of family firms by providing new evidence from Iberoamerican countries about this widespread organizational type. The paper concludes by highlighting some areas in which the authors believe devoting more energy and resources, with new evidence from other samples, may be favourable to advancing the family business field.
Open Access
Psychological ownership in family firms: a perspective article
(Emerald, 2024-02-12) Caicedo Leitón, Ana Lucía; Garcés Galdeano, Lucía; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE
Purpose: This article explores psychological ownership (PO) in family firms (FFs); its impact on interpersonal relationships, attitudes and behaviors within the organization; and its importance for long-term success. It also highlights the factors that contribute to PO in these types of businesses. Design/methodology/approach: The article conducts a literature review that utilizes existing research to delve into the phenomenon of PO within the context of FFs. Findings: The article emphasizes that PO significantly impacts employee behavior and attitudes toward FFs. It shows the favorable influence of PO on employees' conduct and mindset. However, excessive PO can lead to disputes and obstruct the transfer of control. Practical implications: The success of family businesses depends on nurturing strong, positive PO in future generations and among nonfamily members. Originality/value: The article contributes to PO literature in FFs by analyzing its influence on FFs. It highlights factors affecting PO formation and its consequences and highlights novel lines of future research.