After the Ground Stopped Shaking: Socioemotional Wealth and Social Capital in Post-Disaster Recovery of Small Family Businesses

Adiguna, Rocky; Sharif, Abshir

Reference : After the Ground Stopped Shaking: Socioemotional Wealth and Social Capital in Post-Di...


	Document type :	Scientific congresses, symposiums and conference proceedings : Unpublished conference
	Discipline(s) :	Business & economic sciences : General management & organizational theory
	To cite this reference:	http://hdl.handle.net/10993/19458

Title :	After the Ground Stopped Shaking: Socioemotional Wealth and Social Capital in Post-Disaster Recovery of Small Family Businesses
Language :	English
Author, co-author :	Adiguna, Rocky [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
	Sharif, Abshir []
Publication date :	Nov-2014
Number of pages :	35
Peer reviewed :	Yes
On invitation :	No
Audience :	International
Event name :	Research in Entrepreneurship and Small Business (RENT) Conference XXVIII
Event date :	from 19-11-2014 to 21-11-2014
Event organizer :	European Institute for Advanced Studies in Management (EIASM)
	European Council for Small Business and Entrepreneurship (ECSB)
Event place (city) :	Luxembourg-City
Event country :	Luxembourg
Keywords :	[en] socioemotional wealth ; social capital ; small family business ; post-disaster recovery ; Indonesia
Abstract :	[en] This study is the first to measure the interaction between socioemotional wealth (SEW) and social capital—in the forms of community support and institution support—to their impact on the post-disaster recovery of small family businesses. Hierarchical multiple regression is used based on a sample of 79 small family businesses in Indonesia. Our findings suggest that family firms in post-disaster situation are able to pursue both SEW goals and economic gains, thus breaking off the trade-off between SEW vs. economic benefits. More specifically, we found that SEW shows its prominence on the interaction between SEW-community and SEW-institution. This implies that small family businesses in post-disaster context need to find synergy between socioemotional endowments and social capital to help them bounce back and recover.
Target :	Researchers ; Students ; General public
Permalink :	http://hdl.handle.net/10993/19458

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