Internationalisation and performance in Spanish family SMES: The W-curve

被引:41
作者
Fernandez-Olmos, Marta [1 ]
Gargallo-Castel, Ana [2 ]
Giner-Bagues, Enrique [1 ]
机构
[1] Univ Zaragoza, Dept Business Adm, Zaragoza 50005, Spain
[2] Univ Zaragoza, Dept Business Adm, Teruel 44150, Spain
关键词
Family firm; Internationalisation; Firm performance; W-curve; RESEARCH-AND-DEVELOPMENT; DYNAMIC CAPABILITIES; FIRM PERFORMANCE; DIVERSIFICATION STRATEGY; PRODUCT DIVERSIFICATION; EMPIRICAL-ANALYSIS; MULTINATIONALITY; OWNERSHIP; KNOWLEDGE; INVOLVEMENT;
D O I
10.1016/j.brq.2015.07.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
Previous studies have provided mixed evidence on the relationship between internationalisation and firm performance. We advance theoretically in this line of research by investigating the impact of the family dimension of a business on this relationship. Using a panel data analysis for the 2006-2011 period, we find empirically that Spanish family SMEs follow a W-curve. Our findings highlight the importance of differentiating family from non-family firms, and provide a potential explanation for the previous mixed evidence. (C) 2015 ACEDE. Published by Elsevier Espana, S.L.U.
引用
收藏
页码:122 / 136
页数:15
相关论文
共 141 条
[1]   Zobele chemical industries: the evolution of a family company from flypaper to globalization (1919-2001) [J].
Abetti, PA ;
Phan, PH .
JOURNAL OF BUSINESS VENTURING, 2004, 19 (04) :589-600
[2]  
Aiken L.S., 1991, Multiple regression: Testing and interpreting interaction
[3]   The Impact of Family Control on the Performance and Financial Characteristics of Family Versus Nonfamily Businesses in Japan: A Matched-Pair Investigation [J].
Allouche, Jose ;
Amann, Bruno ;
Jaussaud, Jacques ;
Kurashina, Toshiki .
FAMILY BUSINESS REVIEW, 2008, 21 (04) :315-329
[4]   The international performance of standardizing and customizing Spanish firms: The M curve relationships [J].
Almodovar, Paloma .
MULTINATIONAL BUSINESS REVIEW, 2012, 20 (04) :306-+
[5]   The M Curve and the Performance of Spanish International New Ventures [J].
Almodovar, Paloma ;
Rugman, Alan M. .
BRITISH JOURNAL OF MANAGEMENT, 2014, 25 :S6-S23
[6]   Founding-family ownership and firm performance: Evidence from the S&P 500 [J].
Anderson, RC ;
Reeb, DM .
JOURNAL OF FINANCE, 2003, 58 (03) :1301-1328
[7]  
[Anonymous], 1991, FAM BUS REV, DOI DOI 10.1111/J.1741-6248.1991.00181.X
[8]  
[Anonymous], INT MARKETING REV
[9]  
[Anonymous], 1992, Structural Holes
[10]  
[Anonymous], 1991, FAM BUS REV, DOI DOI 10.1111/J.1741-6248.1991.00149.X