Figure 1
A figure shows a circular capital framework linking firm type and resilience level.The figure shows a horizontal double-headed arrow labeled “Resilience level” in the center. On the left end of this arrow, a text box is labeled “Resilience level” and “Family-managed firm”, and on the right end of the arrow, a text box labeled “Non-family-managed firm” is present. Surrounding the central area is a circular arrangement of six circular nodes connected by curved segments, forming a continuous loop. At the top of the circle is a node labeled “economic capital”. Moving clockwise to the upper right is a node labeled “social capital”. Continuing downward on the right side is a node labeled “human capital”. At the bottom of the circle is a node labeled “physical capital”. Moving upward on the left side is a node labeled “natural capital”. At the upper left is a node labeled “cultural capital”.

Research conceptual framework. Source(s): Authors' own work

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