Factors determining exportation and internationalization in family businesses: The importance of debt

被引:17
作者
Benito-Hernandez, S. [1 ]
Priede-Bergamini, T. [2 ]
Lopez-Cozar-Navarro, C. [1 ]
机构
[1] Univ Politecn Madrid, E-28040 Madrid, Spain
[2] Univ Europea Madrid, Madrid, Spain
关键词
management; family business; internationalization; debt; export; FIRM SIZE; OWNERSHIP; IMPACT; BEHAVIOR;
D O I
10.4102/sajbm.v45i1.114
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study focuses on the factors that may influence Spanish family owned businesses to decide to export and move towards internationalization, posing their level of debt as a possible determining factor. To do so, a review of publications on the subject has been carried out, as well as an empirical study using a sample of 1,846 businesses, which include both family and non-family firms. The results seem to show that the debt level of businesses whose propriety and management are handled by a family differs from that of those that do not fit this characteristic, especially where the decision whether or not to export products abroad is concerned.
引用
收藏
页码:13 / 25
页数:13
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