IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-319-08888-4_7.html
   My bibliography  Save this book chapter

Why Do Some Boards of Directors in Family Firms Outperform Others When Strategizing? Analysing the Importance of Entrepreneurial Orientation

In: New Challenges in Entrepreneurship and Finance

Author

Listed:
  • Unai Arzubiaga

    (University of the Basque Country)

  • Txomin Iturralde

    (University of the Basque Country)

  • Amaia Maseda

    (University of the Basque Country)

Abstract

The strategic role of the board of directors can be a competitive advantage for family firms. In fact, in medium-sized family firms the more the board is involved in the firm strategy, the better performance it gets. However, this relationship is mediated by some variables that may enhance or inhibit this effect. In this chapter, the impact of the entrepreneurial orientation variable is analysed as a mediator between the strategic involvement of the board of directors (SIBD) and performance. We test these hypotheses by surveying the CEOs of 230 Spanish medium-sized family businesses. The results obtained through the Partial Least Square (PLS) technique show that the entrepreneurial orientation of the family firm has a positive effect on the relationship between SIBD and performance.

Suggested Citation

  • Unai Arzubiaga & Txomin Iturralde & Amaia Maseda, 2015. "Why Do Some Boards of Directors in Family Firms Outperform Others When Strategizing? Analysing the Importance of Entrepreneurial Orientation," Springer Books, in: Marta Peris-Ortiz & Jean-Michel Sahut (ed.), New Challenges in Entrepreneurship and Finance, edition 127, chapter 0, pages 103-114, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-08888-4_7
    DOI: 10.1007/978-3-319-08888-4_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-319-08888-4_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.