Bonding family social capital and firm performance

This study aims to empirically investigate the effect of bonding family social capital on financial firm performance. The data collection mechanism was a survey sent to all Finnish large and medium-sized FBs (staff >50) in the spring of 2008. In total, 167 questionnaires were collected indicating a response rate of 22.3%. The results are based on structural equation modelling. The results suggest that bonding family social capital has both a direct and indirect positive influence on family firm financial performance.