Socioemotional wealth, entrepreneurial orientation and international performance of family firms

Figures & data

Figure 1. Conceptual model. Source: own research.

Table 1. Field work technical sheet.

Sample size	1,045
Application area	Spain
Obtained Answers	106
Sample proceedings	Random simple
Confidence interval	95%, p = p = 50%; α = 0.05
Answer Rate	10.14
Sample error	9.03
Field work	April to June of 2017

Source: own research.

Table 2. Correlation matrix, composite reliability, convergent and discriminant validity, ratio Heterotrait-Monotrait (HTMT) and descriptive statistics.

Composite/Measures	AVE	Composite Reliability	SEW	EO	IP
1. Socioemotional wealth	0.642	0.937	0.801*
2. Entrepreneurial orientation	0.506	0.840	0.651	0.711*
3. International performance	0.537	0.851	0.532	0.687	0.732*
Heterotrait-monotrait ratio (HTMT)
1. Socioemotional wealth			0.534
2. Entrepreneurial orientation			0.327	0.496
3. International performance			0.465	0.563	0.584
Alpha de Cronbach			0.941	0.798	0.801
Rho A			0.876	0.814	0.849
Mean			4.13	4.08	4.05
Typical deviation			1.08	0.96	0.94

Note: Correlations are from the second-order CFA output.

* The diagonal elements are the square root of the AVE.

AVE – average variance extracted.

SEW – socioemotional wealth.

EO – entrepreneurial orientation.

IP – international performance.

Source: own research.

Figure 2. Structural model. Source: own research.

Table 3. Structural model.

Hypothesis	Path coefficient (β)	t-value (bootstrap)	R^2	Supported
H1	0.379	5.719	0.563	Yes
H2	0.461	5.692	0.426	Yes

Note: p < 0.001, based on t (4,999), one-tailed test.

Source: own research.

Table 4. Control variable.

	ß	t-value
Sector	0.084	0.632
Age	0.052	0.478
Size	0.067	0.375

Source: own research.