Kinga Nemes

Doctoral School of Regional- and Business Administration Sciences, Széchenyi István University,

Hungary

nemes.kinga@sze.hu 

ORCID 0009-0005-6024-8141

Model testing – decision-making on capacity expansion in family businesses. Evidence from Portugal

Inês Lisboa

School of Technology and Management, 

Polytechnic Institute of Leiria,

Portugal

ines.lisboa@ipleiria.pt

ORCID 0000-0003-2802-2589

Márta Konczos-Szombathelyi

Faculty of Economics, 

Széchenyi István University,

Hungary

kszm@sze.hu

ORCID 0000-0001-5248-7752

Abstract. This paper aims to test and validate a model of internal factors influencing the capacity expansion decisions of family businesses, thereby helping these organizations better understand their decision-making processes. The identified internal factors include socio-emotional wealth, intergenerational cooperation, and a heterogeneous top management team. The study focuses on family businesses in the Portuguese food industry and employs both qualitative and quantitative methods. A structured online questionnaire, completed by 150 respondents, was analyzed using SPSS. Additionally, in-depth interviews were conducted to confirm the quantitative findings and provide a broader conceptual perspective. The results indicate that both qualitative and quantitative analyses support the proposed model.

Received: April, 2024

1st Revision: December, 2024

Accepted: March, 2025

DOI: 10.14254/2071-8330.2025/18-1/2

JEL Classification: G11, D81, D91

Keywords: family businesses, decision-making, capacity expansion, Portugal