2021
DOI: 10.1108/jfbm-02-2021-0013
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Investigating social capital, trust and commitment in family business: case of media firms

Abstract: PurposeThe purpose of this paper is to investigate social capital's effect on family business development in selected family media firms.Design/methodology/approachThe statistical population includes 100 individuals who run a family business in this industry. Eighty individuals are selected as the research sample through the stratified random sampling method. The data are collected using a questionnaire. The authors used structural equation modelling method for data analysis.FindingsThe results indicate that s… Show more

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Cited by 55 publications
(35 citation statements)
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“…In order to cope with this change, it can be helpful for family businesses when assessing their risk to consider their social capital. In a recent study, Tajpour et al . (2021) discussed the role of social capital in family business and mentioned the need to connect with others during times of change.…”
Section: Introductionmentioning
confidence: 96%
See 1 more Smart Citation
“…In order to cope with this change, it can be helpful for family businesses when assessing their risk to consider their social capital. In a recent study, Tajpour et al . (2021) discussed the role of social capital in family business and mentioned the need to connect with others during times of change.…”
Section: Introductionmentioning
confidence: 96%
“…In order to cope with this change, it can be helpful for family businesses when assessing their risk to consider their social capital. In a recent study, Tajpour et al (2021) discussed the role of social capital in family business and mentioned the need to connect with others during times of change. This means that family businesses can utilize their networks and social capital in times of hardship in a different way to non-family businesses (Seaman, 2015).…”
Section: Introductionmentioning
confidence: 99%
“…Entrepreneurship is about uncovering and developing opportunities to create value through innovation, but innovation does not create opportunities like an inventor; instead, it makes the best use of the opportunities presented to them. An entrepreneur has access to a range of capital represented by resources-human capital, knowledge capital, social capital, family capital, emotional capital, and financial capital (Mishra and Zachary, 2015;Tajpour et al, 2022). However, the availability of resources or the location is not critically relevant to the entrepreneur, as innovation could happen in a new or existing business with limited resources and various locations (Churchill, 1992).…”
Section: Literaturementioning
confidence: 99%
“…As in every relationship, commitment is essential to the success of a business venture [42], [43], [44], [45]. Employees dedicated to their jobs and organizations are more likely to be content and successful [46], [47].…”
Section: Organizational Commitmentmentioning
confidence: 99%