Toward a Theory of Family Social Capital in Wealthy Transgenerational Enterprise Families
de Groot, Maarten BT Elfring, Tom
de Groot, Maarten BT
Elfring, Tom
Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2022
Journal
Entrepreneurship Theory and Practice
Book
Publication Volume
46
Publication Issue
1
Publication Begin page
159
Publication End page
192
Publication Number of pages
Collections
Abstract
Over generations, decaying family social capital is a primary cause of enterprise wealth loss in enterprise families that share ownership of multiple entities and multiple assets. We answer recent calls to uncover the origins of family social capital by studying seven old, wealthy, and large transgenerational enterprise families. We complement existing research on wealth creation through entrepreneurship by offering a deeper understanding of how family social capital is enhanced in transgenerational enterprise families. Our inductive qualitative study finds that enterprise family social capital appears to be enhanced by family governance, family learning, family identity, and physical grounding.
Research Projects
Organizational Units
Journal Issue
Keywords
Commerce, Management, Tourism and Services, Strategy, Management and Organisational Behaviour, Basic Behavioral and Social Science, Behavioral and Social Science