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Familiness, business strategy and stakeholder engagement: The internationalisation of Spanish olive oil mills
Business Strategy and the Environment ( IF 13.4 ) Pub Date : 2021-08-12 , DOI: 10.1002/bse.2868
Myriam Cano‐Rubio 1 , Rosa Lombardi 2 , Guadalupe Fuentes‐Lombardo 1 , Pedro Núñez‐Cacho 3
Affiliation  

Based on social capital theory and the family-firm context, this paper studies familiness' composition and the result of the overlap of the family and firm systems, analysing their influence on the internationalisation strategies of family firms. In this relationship, the stakeholder engagement becomes at the same time an antecedent and a result when developing family businesses' strategies, being one of the most relevant the internationalisation strategies. Prior research focused on familiness as the result of proxy variables such as the percentage of ownership and management in family hands, or business size, instead of as psychological variables resulting from shared organisational culture and social interactions. Through a qualitative study based on 12 interviews of general managers and/or export managers of Spanish family olive oil mills, this study asserts that the level of familiness influences internationalisation strategies, the reasons underlying a business becoming international and its commitment to activities abroad being the role of stakeholders crucial in those interactions. The higher the level of familiness, the more likely the family business internationalisation and the higher their levels of international commitment. Additionally, the higher the concern about their stakeholders, the higher their levels of international commitment. The family businesses' concern for their stakeholders and their international commitment share a reciprocal relationship. The results regarding the relevance of familiness as social capital resources in sustaining competitive advantages support the decision to promote, develop and nurture social capital when a family business goes international.

中文翻译:

家族、商业战略和利益相关者参与:西班牙橄榄油厂的国际化

本文基于社会资本理论和家族企业背景,研究了家族的构成以及家族和企业制度重叠的结果,分析了它们对家族企业国际化战略的影响。在这种关系中,利益相关者的参与同时成为制定家族企业战略的前提和结果,是最相关的国际化战略之一。先前的研究侧重于作为代理变量的结果的家庭,例如家庭手中的所有权和管理权的百分比或企业规模,而不是作为共享组织文化和社会互动产生的心理变量。通过基于对西班牙家庭橄榄油厂总经理和/或出口经理的 12 次访谈的定性研究,本研究断言,家族程度影响国际化战略、企业走向国际化的原因及其对海外活动的承诺是利益相关者在这些互动中的重要作用。家族程度越高,家族企业国际化的可能性越大,其国际承诺水平也越高。此外,对其利益相关者的关注程度越高,他们的国际承诺水平就越高。家族企业对其利益相关者的关注和他们的国际承诺具有互惠关系。
更新日期:2021-08-12
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