Artículos de revistas
Entrepreneurship and risk-taking in a post-disaster scenario
Espíritu empresarial y asunción de riesgos en una situación posterior a un desastre
Registro en:
International Entrepreneurship & Management Journal; Mar2020, Vol. 16 Issue 1, p221-237, 17p
15547191
Autor
Llanos-Contreras, Orlando
Alonso Dos Santos, Manuel
Ribeiro-Soriano, Domingo
Resumen
Family firms’ risk-taking behaviour is central to these firms’ ability to recover from
major loses after a natural disaster. Natural disasters pose a threat to family firms’
continuity, a primary goal for this type of firm. Accordingly, it is necessary to
understand how socioemotional wealth importance and entrepreneurial orientation
interact to influence family firms’ ownership risk, performance hazard risk and control
risk in a post-disaster scenario. Using a sample of family firms from the Bío-Bío region
in Chile, which was devastated by a massive earthquake in 2010, we performed partial
least squares structural equation modelling (PLS-SEM) and fuzzy-set qualitative comparative analysis (fsQCA). The PLS-SEM results partially support our hypotheses. The
fsQCA results provide three, six and seven causal configurations that explain 34%,
67% and 72% of ownership risk, performance hazard risk and control risk, respectively.
This article shows that the interaction between socioemotional wealth importance and
entrepreneurial orientation is important to explain risk-taking behaviour by family firms
in a post-disaster scenario.