Browsing by Author "Roche, Jeanne"
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Publication A Natural Fit: Exploring Business-Owning Families’ Antecedents and Approaches to Impact Investing and Social Venturing(IE University, 2025) Roche, Jeanne; Justo, Rachida; https://ror.org/02jjdwm75This dissertation examines the engagement of business-owning families and their members in the fields of impact investing and social venturing, and contributes to three key areas. First, it advances family business scholarship by extending the study of business-owning families beyond the boundaries of the family firm. It highlights their heterogeneous engagement in social endeavors, offering a nuanced understanding of how they balance a hybridity of objectives, both financial and non-financial, based on their unique frame of reference. Second, it contributes to entrepreneurship research by shedding light on how individuals construct entrepreneurial identities in nascent and ambiguous fields such as impact investing, and how they may use their family as a salient social referent to guide their identity construction. Third, it provides new insights into social entrepreneurship and cross-sector collaborations by examining the case of a social enterprise selling the majority of its shares to a large family group. The study identifies how both entities were integrated in ways that helped sustain social impact post-acquisition, informing both scholars and practitioners on structuring mission-driven partnerships. By integrating these perspectives, this dissertation deepens our understanding of business-owning families’ social behaviors, the crafting of entrepreneurial identity in new fields, and the conditions under which social enterprises can maintain their purpose in cross-sector partnerships.Publication Engaging in a New Field: Business-Owning Families’ Differential Approach to Impact Investing(Instituto de la empresa familiar, 2021-06-02) Cruz, Cristina; Justo, Rachida; Roche, Jeanne; https://ror.org/02jjdwm75We develop a theoretical framework explaining why and how business-owning families (BOF) engage in impact investing. Despite its exponential growth, the burgeoning field of impact investing is still subject to competing interpretations and varying practices. Building on the framework proposed by Nason et al. (2019b), we argue that a businessowning family’s frame of reference (backward vs. forward-looking and internally vs. externally oriented) constitutes a relevant heterogeneity that triggers a unique driver for engaging in impact investing and a distinct set of practices to do so.