FAMILY FIRM PERFORMANCE IN CENTRAL KALIMANTAN: THE ROLE OF SOCIOEMOTIONAL WEALTH AND MANAGERIAL CAPABILITIES

Authors

  • Nony Kezia Marchyta School of Business and Management, Petra Christian University, Indonesia
  • Agustinus Willi Susanto School of Business and Management, Petra Christian University, Indonesia
  • Clarissa Listya Susilo Hotel and Tourism Business, Ciputra University, Indonesia
  • Hendra Hendra Hotel and Tourism Business, Ciputra University, Indonesia

DOI:

https://doi.org/10.29040/jie.v8i4.15004

Abstract

This research investigates the critical role of family companies in the rapid expansion of MSMEs in Central Kalimantan. This research examines the effect of socioemotional wealth on firm performance with managerial capabilities as a mediating variable. The concept of socioemotional wealth is a concept that is still rarely studied in family companies and makes family companies a unique entity. This research is classified as quantitative research using primary data. The sampling technique used purposive sampling, with 63 family company owners in Central Kalimantan, Indonesia, as the research sample. The results obtained show a positive influence of socioemotional wealth on firm performance. Socioemotional wealth has a positive effect on managerial capabilities, and there is a partial mediation effect on the role of managerial capabilities as a mediating variable. The results also show a positive influence of managerial capabilities on firm performance.

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Published

2024-12-21

How to Cite

Marchyta, N. K., Susanto, A. W., Susilo, C. L., & Hendra, H. (2024). FAMILY FIRM PERFORMANCE IN CENTRAL KALIMANTAN: THE ROLE OF SOCIOEMOTIONAL WEALTH AND MANAGERIAL CAPABILITIES. JURNAL ILMIAH EDUNOMIKA, 8(4). https://doi.org/10.29040/jie.v8i4.15004

Issue

Vol. 8 No. 4 (2024): EDUNOMIKA

Section

Articles

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