Social Networking and the Family Business Performance: A Conceptual Consideration

Researchers and practitioners are divided on the preferred measures of business performance, largely due to the quality of available financial data and the measurability of the non-financial indicators. However, owing to the embeddedness of social networking in families and in the business world, th...

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Main Author: Kenneth Chukwujioke Agbim
Format: Article
Language:English
Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2019-01-01
Series:Journal of Entrepreneurship, Management and Innovation
Subjects:
Online Access:http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article4.pdf
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author Kenneth Chukwujioke Agbim
author_facet Kenneth Chukwujioke Agbim
author_sort Kenneth Chukwujioke Agbim
collection DOAJ
description Researchers and practitioners are divided on the preferred measures of business performance, largely due to the quality of available financial data and the measurability of the non-financial indicators. However, owing to the embeddedness of social networking in families and in the business world, this study reviews the contribution of social networking to the financial and non-financial performance of family businesses. The study is based on a review of 55 peer-reviewed published journal articles. Consequently, the most frequently used social networking platforms, the measures of financial performance, the measures and proxies of non-financial performance and the differences between financial and non-financial performance were identified. The study proposes the use of both financial and non-financial measures in assessing the performance of family businesses due to their complementary roles.
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language English
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publisher Cognitione Foundation for the Dissemination of Knowledge and Science
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series Journal of Entrepreneurship, Management and Innovation
spelling doaj-art-60ae1172ed1c46b18c82738163aa68242025-01-02T22:33:51ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262019-01-011518312210.7341/20191514Social Networking and the Family Business Performance: A Conceptual ConsiderationKenneth Chukwujioke Agbim0Business Administration Department, University of Agriculture, MakurdiResearchers and practitioners are divided on the preferred measures of business performance, largely due to the quality of available financial data and the measurability of the non-financial indicators. However, owing to the embeddedness of social networking in families and in the business world, this study reviews the contribution of social networking to the financial and non-financial performance of family businesses. The study is based on a review of 55 peer-reviewed published journal articles. Consequently, the most frequently used social networking platforms, the measures of financial performance, the measures and proxies of non-financial performance and the differences between financial and non-financial performance were identified. The study proposes the use of both financial and non-financial measures in assessing the performance of family businesses due to their complementary roles.http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article4.pdfsocial networkingsocial networkfamily businessfinancial performancenon-financial performanceinterplayinterdependence
spellingShingle Kenneth Chukwujioke Agbim
Social Networking and the Family Business Performance: A Conceptual Consideration
Journal of Entrepreneurship, Management and Innovation
social networking
social network
family business
financial performance
non-financial performance
interplay
interdependence
title Social Networking and the Family Business Performance: A Conceptual Consideration
title_full Social Networking and the Family Business Performance: A Conceptual Consideration
title_fullStr Social Networking and the Family Business Performance: A Conceptual Consideration
title_full_unstemmed Social Networking and the Family Business Performance: A Conceptual Consideration
title_short Social Networking and the Family Business Performance: A Conceptual Consideration
title_sort social networking and the family business performance a conceptual consideration
topic social networking
social network
family business
financial performance
non-financial performance
interplay
interdependence
url http://jemi.edu.pl/uploadedFiles/file/all-issues/vol15/issue1/JEMI_Vol15_Issue1_2019_Article4.pdf
work_keys_str_mv AT kennethchukwujiokeagbim socialnetworkingandthefamilybusinessperformanceaconceptualconsideration