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Family management and firm performance in family SMEs: the mediating roles of management control systems and technological innovation

dc.contributor.authorRuiz-Palomo, Daniel
dc.contributor.authorDiéguez-Soto, Julio
dc.contributor.authorDuréndez, Antonio
dc.contributor.authorSantos, José António C.
dc.date.accessioned2019-10-07T14:01:47Z
dc.date.available2019-10-07T14:01:47Z
dc.date.issued2019
dc.description.abstractThe aim of this research is to analyze the mediating role of the use of management control systems (MCS) and the achievement of technological innovation (TI) in the relationship between family management and firm performance in family small and medium-sized enterprises (SMEs). A questionnaire was conducted by 617 managers of family SMEs in Spain, and our model was tested using partial least squares. Our findings show that both MCS and TI play crucial mediating roles in the understanding of the relationship between family management and firm performance. As a result, family-managed firms that utilize MCS and produce TI are much more likely to generate better performance. These results encourage family managers to use formal MCS because in that way they will contribute to obtaining better firm performance, directly and indirectly through TI. We focus on private family SMEs, because these specific firms contribute significantly to the economies worldwide. This paper contributes to resolve the controversy regarding the relationship between family management and firm performance introducing MCS and TI as mediating factors.pt_PT
dc.description.sponsorshipAgência financiadora Ministry of Science and Innovation, Spain (MICINN) UID/SOC/04020/2013 Universidad de Malaga Universidad de Cartagenapt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.3390/su11143805
dc.identifier.issn2071-1050
dc.identifier.urihttp://hdl.handle.net/10400.1/12793
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectFamily businesspt_PT
dc.subjectManagement control systemspt_PT
dc.subjectInnovationpt_PT
dc.subjectSMEspt_PT
dc.subjectPartial least squarespt_PT
dc.subjectPerformancept_PT
dc.titleFamily management and firm performance in family SMEs: the mediating roles of management control systems and technological innovationpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/5876/UID%2FSOC%2F04020%2F2013/PT
oaire.citation.issue14pt_PT
oaire.citation.startPage3805pt_PT
oaire.citation.titleSustainabilitypt_PT
oaire.citation.volume11pt_PT
oaire.fundingStream5876
person.familyNameSantos
person.givenNameJosé António C.
person.identifier.ciencia-idA71F-B4FC-F35C
person.identifier.orcid0000-0002-2675-3487
person.identifier.ridU-9656-2019
person.identifier.scopus-author-id57198436773
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication73ca7176-2157-4713-9f32-325c05b29091
relation.isAuthorOfPublication.latestForDiscovery73ca7176-2157-4713-9f32-325c05b29091
relation.isProjectOfPublicationd929dde6-e7fa-4824-aba6-9f5e14a1e1be
relation.isProjectOfPublication.latestForDiscoveryd929dde6-e7fa-4824-aba6-9f5e14a1e1be

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