How does family involvement affect a firm's internationalization? An investigation of Indian family firms

How does family involvement affect a firm's internationalization? An investigation of Indian... Research Summary: We investigate whether and how family ownership and management influence firms' internationalization strategies in an emerging economy in which family firms are dominant. Anchoring on the willingness and ability framework and drawing on the socioemotional wealth perspective and agency theory, we theorize how the heterogeneity among family firms in their ownership structures, concentration, and family involvement in management shapes the firms' internationalization strategies. We also theorize how certain contingencies, such as the presence of foreign institutional ownership and family management, moderate the relationship between family ownership and internationalization strategy. We test our predictions by using a proprietary, longitudinal panel dataset of 303 leading family firms from India and find support for most of our theoretical predictions. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Global Strategy Journal Wiley

How does family involvement affect a firm's internationalization? An investigation of Indian family firms

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Publisher
Wiley
Copyright
Copyright © 2018 Strategic Management Society
ISSN
2042-5791
eISSN
2042-5805
D.O.I.
10.1002/gsj.1196
Publisher site
See Article on Publisher Site

Abstract

Research Summary: We investigate whether and how family ownership and management influence firms' internationalization strategies in an emerging economy in which family firms are dominant. Anchoring on the willingness and ability framework and drawing on the socioemotional wealth perspective and agency theory, we theorize how the heterogeneity among family firms in their ownership structures, concentration, and family involvement in management shapes the firms' internationalization strategies. We also theorize how certain contingencies, such as the presence of foreign institutional ownership and family management, moderate the relationship between family ownership and internationalization strategy. We test our predictions by using a proprietary, longitudinal panel dataset of 303 leading family firms from India and find support for most of our theoretical predictions.

Journal

Global Strategy JournalWiley

Published: Jan 1, 2018

Keywords: ; ; ; ;

References

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