Alliance management capability in family business: evidence from a politically instable economy

Abdalhamed Nasr, Omar Al-Tabbaa, Nadia Zahoor, Muthu De Silva

Research output: Contribution to conferencePaper

Abstract

We have a lack of understanding of the role of socioemotional wealth (SEW) in determining the success of alliances formed by family firms. By integrating the theories of SEW of family businesses and alliance management capability (AMC) of strategic alliance literature, this study investigates how the extent of SEW in family firm operating in politically instable contexts influences the development of AMCs, which in turn acts as a determinant of alliance success. By gathering data from 302 family firms in a politically instable, the Libyan context, we found that the greater the SEW of family firms, more likely they are to develop three types of AMCs: namely, alliance proactiveness (firms’ ability to identify valuable partners for alliances), alliance coordination (firms’ ability to manage the relationship with alliance partners), and alliance learning (firms’ ability to learn from alliance partners), capabilities, which in turn increases the success of alliances formed by family businesses. We also found that the level of political instability confronted by family businesses positively moderates the relationship between the extent of SEW and AMCs. Our results also generate useful practical implications to family businesses, their strategic alliance partners and policy makers involved in supporting family businesses.
Original languageEnglish
Number of pages39
Publication statusPublished - 29 Jul 2021
Event81st Academy of Management Annual Meeting 2021 - Online Event
Duration: 29 Jul 20214 Aug 2021
https://aom.org/events/annual-meeting

Conference

Conference81st Academy of Management Annual Meeting 2021
Period29/07/214/08/21
Internet address

Keywords

  • socioemotional wealth
  • family business
  • alliance management capabilities
  • political instability
  • alliance success

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