How Familial Is Family Social Capital? Analyzing Bonding Social Capital in Family and Nonfamily Firms
研究了家族企业中的家族社会资本是否独特，以及非家族企业能否复制这种资本并提升绩效。对400家企业的分析表明，家族社会资本是独特的，非家族企业只能不完全模仿。
Family social capital (FSC) is acknowledged to be a unique asset that can provide firms with competitive advantages. Certain scholars, however, have questioned whether nonfamily firms can reproduce FSC and benefit from its advantages. If so, FSC may not be as unique as has been assumed. Our study analyzes three types of bonding social capital: capital held by nonfamily firms, and capital held by family and nonfamily members of family firms. We assess the effects that these types of bonding social capital exert on performance. Our empirical analysis of 400 firms suggests that FSC is unique and that nonfamily firms can only attempt to imitate it imperfectly.