socioemotional wealth; social capital; small family business; post-disaster recovery; Indonesia
Abstract :
[en] This study is the first to measure the interaction between socioemotional wealth (SEW) and social capital—in the forms of community support and institution support—to their impact on the post-disaster recovery of small family businesses. Hierarchical multiple regression is used based on a sample of 79 small family businesses in Indonesia. Our findings suggest that family firms in post-disaster situation are able to pursue both SEW goals and economic gains, thus breaking off the trade-off between SEW vs. economic benefits. More specifically, we found that SEW shows its prominence on the interaction between SEW-community and SEW-institution. This implies that small family businesses in post-disaster context need to find synergy between socioemotional endowments and social capital to help them bounce back and recover.
Disciplines :
General management, entrepreneurship & organizational theory
Author, co-author :
Adiguna, Rocky ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Sharif, Abshir
External co-authors :
yes
Language :
English
Title :
After the Ground Stopped Shaking: Socioemotional Wealth and Social Capital in Post-Disaster Recovery of Small Family Businesses
Publication date :
November 2014
Number of pages :
35
Event name :
Research in Entrepreneurship and Small Business (RENT) Conference XXVIII
Event organizer :
European Institute for Advanced Studies in Management (EIASM) European Council for Small Business and Entrepreneurship (ECSB)
