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Socioemotional wealth (SEW) as the driver of business performance in family businesses in Bosnia and Herzegovina: the mediating role of transformational leadership
Journal of Family Business Management Pub Date : 2021-08-10 , DOI: 10.1108/jfbm-07-2021-0067
Ramo Palalić 1 , Hamza Smajić 2
Affiliation  

Purpose

The aim of this study is to investigate a mediation role of leadership over business performance and socioemotional wealth, within two Bosnian family businesses. This research purpose brings interesting highlights regarding how family businesses embedded the role of leadership that it might have a tremendous influence on business performance while tuning the socioemotional wealth.

Design/methodology/approach

This study is based on qualitative research methodology. The sample is collected based on a purposive sampling method as in most qualitative studies. As the instrument for data collection is concerned, in-person-semi-structured interview has been employed with the owner-manager of each particular-family firm. Thus, two case studies were conducted and analyzed.

Findings

The research contributes both to the theory and the practice. From the theoretical perspective, it contributes to the theoretical knowledge of leadership as an important role in relationship between the socioemotional wealth and business performance. The practical contribution of this research could be summed up in the sense that business owners should seek to employ positive leadership vibes to create a good socioemotional wealth so that would be positively reflected in overall business performance of a family business. Other findings are further discussed.

Originality/value

Scarce empirical research offers mixed results while theoretical propositions that organizational governance (leadership) plays an important role in this relationship, is somehow neglected. Hence, this is the first empirical study on this particular that investigates this topic in Bosnia and Herzegovina (BiH), even in the Balkan region.



中文翻译:

社会情感财富 (SEW) 作为波斯尼亚和黑塞哥维那家族企业经营业绩的驱动因素:变革型领导的中介作用

目的

本研究的目的是调查两个波斯尼亚家族企业中领导力对企业绩效和社会情感财富的中介作用。这一研究目的带来了关于家族企业如何嵌入领导作用的有趣亮点,即它可能在调整社会情感财富的同时对企业绩效产生巨大影响。

设计/方法/途径

本研究基于定性研究方法。与大多数定性研究一样,样本是根据有目的的抽样方法收集的。就数据收集工具而言,对每个特定家族企业的所有者-经理都采用了面对面半结构化访谈。因此,进行了两个案例研究并进行了分析。

发现

研究对理论和实践都有贡献。从理论的角度来看,它有助于了解领导力的理论知识,认为它在社会情感财富与企业绩效之间的关系中起着重要作用。这项研究的实际贡献可以总结为企业主应该寻求利用积极的领导氛围来创造良好的社会情感财富,从而积极地反映在家族企业的整体经营业绩中。进一步讨论其他发现。

原创性/价值

稀缺的实证研究提供了混合的结果,而组织治理(领导)在这种关系中发挥重要作用的理论命题在某种程度上被忽视了。因此,这是在波斯尼亚和黑塞哥维那 (BiH),甚至在巴尔干地区调查这一主题的第一个关于这一特定问题的实证研究。

更新日期:2021-08-10
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