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
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
Emotional heterogeneity and intergenerational knowledge transfer in family firms
(Elsevier, 2023) Caicedo Leitón, Ana Lucía; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa
With this study, we attempt to understand how emotions influence the intergenerational transfer of knowledge in family businesses from the perspective of emotional heterogeneity. We use a qualitative methodology of multiple case studies to comprehensively address theissue. The results indicate that emotions influence knowledge transmission and learning, sotransmission is more effective in Enmeshed and Balanced family businesses than in Disengaged ones.
Open Access
Entrepreneurs’ human capital and growth aspirations: the moderating role of regional entrepreneurial culture
(Springer, 2019) Capelleras Segura, Joan Lluís; Contín Pilart, Ignacio; Larraza Kintana, Martín; Martín Sánchez, Víctor; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE; Gestión de Empresas
This paper investigates the impact of entrepreneurs’ human capital on their growth aspirations and the moderating role of regional entrepreneurial culture in this relationship. Based on human capital theory, we argue that growth aspirations will be higher for individuals with higher educational attainment and lower for those with prior entrepreneurial experience. Drawing on an institutional perspective, we also suggest that regional social acceptance of entrepreneurship and entrepreneurial role models will positively moderate these effects. Using data that combines individual and province level information in Spain over the period 2008–2014, we find support for the differential effect of formal education and entrepreneurial experience. The results also show that both social approval of entrepreneurship and role models tend to increase the growth aspirations of experienced entrepreneurs, whereas aspirations of the more educated ones are only affected by the presence of role models. Implications from the findings are discussed.
Open Access
Publicly funded pre-start support for new firms: who demands it and how it affects their employment growth
(SAGE, 2011) Capelleras Segura, Joan Lluís; Contín Pilart, Ignacio; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa
This paper examines pre-start determinants of the demand for publicly funded external support to new ventures. It also investigates the effects of different types of such support on subsequent firm growth. Adopting resource-based and information asymmetry approaches, the paper argues that the entrepreneurs who ask for publicly funded pre-start support are more likely to face information asymmetries with regard to resource providers, which in turn depend on their level of human and social capital. It also suggests that intangible support oriented towards knowledge generation would be the most beneficial. A series of two-stage treatment effects models applied to a representative sample of new firms in Navarra (Spain) offer considerable support to our predictions. Implications for research and policy are discussed.
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.
Open Access
Emprendimiento y empresa familiar: ¿dos disciplinas hermanas o distintas?
(Universidad de Deusto, 2023) Garcés Galdeano, Lucía; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa
El emprendimiento y la empresa familiar ¿son dos disciplinas hermanas o distintas? Ambas son disciplinas con entidad propia, pero desde el inicio ambas han estado fuertemente conectadas. De hecho, las empresas familiares han sido consideradas como un elemento central del proceso emprendedor donde la influencia de la familia es particularmente relevante en las primeras etapas de la creación de la empresa. Sin embargo, la etapa inicial de estas empresas ha sido poco explorada. Este artículo tiene un doble objetivo. En primer lugar, proporciona una pequeña perspectiva histórica de la evolución de las dos disciplinas académicas y sus interrelaciones, y, en segundo lugar, trata de resumir las principales conclusiones de la escasa literatura sobre la perspectiva del arraigo familiar que estudia el binomio familia-emprendimiento. Por último, el trabajo propone diferentes líneas de investigación para futuros estudios relacionados con la empresa familiar y el emprendimiento.
Open Access
Are public employees more satisfied than private ones? The mediating role of job demands and job resources
(Emerald, 2021) Gastearena Balda, María Lourdes; Ollo López, Andrea; Larraza Kintana, Martín; Gestión de Empresas; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE
Purpose – This paper aims to compare job satisfaction in public and private sectors and the mediating role of several job demands and resources on the relationship between the employment sector and job satisfaction. Design/methodology/approach – Drawing on the job demands-resources model, this study argued that differences in job satisfaction were explained largely by the job characteristics provided in each sector. Data comes from the quality of working life survey, a representative sample of 6,024 Spanish public and private employees. Findings – This study revealed that public employees were more satisfied than private ones. This relationship was partially mediated by job demands and job resources, meaning that the public and private employment sectors provided different working conditions. Public employees, in general, had fewer demands and more job resources than private ones, which resulted in different levels of job satisfaction. Additionally, partial mediation indicated that public employees are more satisfied than private ones, despite accounting for several job demands and job resources. Research limitations/implications – While the findings of this study highlighted the relative importance of job demands and job resources in affecting job satisfaction of public and private employees, the generalizability of the results to other countries should be limited as the study only used data from a single country. Practical implications – A significant portion of the positive effect on job satisfaction of public employees is channeled through the lower levels of routine work and lower number of required working hours and through better job resources such as higher salary, more telework, greater prospects at work and more training utility. To improve job satisfaction, it is apparent that managers should pay special attention to things such as routine work, working hours, training and telework. Originality/value – This paper contributes to the comprehension of how several job demands and resources simultaneously play a mediating role in explaining the relationship between the employment sector and job satisfaction.