Enhancing performance in family businesses through socio-emotional wealth: The role of resilience
Abstract
Abstract This paper explores the role of resilience in the relationship between socioemotional wealth (SEW) and organizational performance in family businesses. Using data from 67 family firms in an emerging economy, the study develops and tests a structural model that reveals resilience as a crucial mediator between SEW and both social and economic performance. The findings demonstrate that SEW enhances resilience, which in turn improves organizational performance by enabling businesses to confront challenges and capitalize on opportunities. These contributions offer valuable management tools for family firms, enhancing their ability to absorb, adapt, recover, and thrive in the face of crises by leveraging their emotional assets.
Fields of Study & Subjects
Family Business Performance and Succession
Supply Chain Resilience and Risk Management
Regional resilience and development
Publication details
- Journal / source
- International Entrepreneurship and Management Journal
- Publisher
- Springer Science and Business Media LLC
- Volume
- 22
- Issue
- 1
- Publication date
- 3 January 2026
- Language
- EN