International Expansion and Firm Growth in Domestic Markets: Family Versus Non-Family Firms

被引：5

作者：

Zona, Fabio ^{[1
]}

Banno, Mariasole ^{[2
]}

Coller, Graziano ^{[1
]}

机构：

[1] Univ Trento, Dept Econ & Management, Business Adm, Trento, Italy

[2] Univ Brescia, Econ & Management, Brescia, Italy

来源：

FAMILY BUSINESS REVIEW | 2022年 / 35卷 / 02期

关键词：

domestic growth; internationalization; SEW perspective; SEW losses and gains; FOREIGN DIRECT-INVESTMENT; RESEARCH-AND-DEVELOPMENT; SOCIOEMOTIONAL WEALTH; CORPORATE DIVERSIFICATION; BUSINESS RESEARCH; CAPITAL STRUCTURE; NETWORK STRUCTURE; TAIWAN EVIDENCE; MODERATING ROLE; MODE CHOICE;

D O I：

10.1177/08944865221084423

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study examines the effects of international expansion on domestic growth in family firms (FFs) versus non-FFs. Integrating international business research into socioemotional wealth (SEW) theory, we argue that FFs seek to compensate for SEW losses (as implied by foreign direct investments) with SEW gains (associated with domestic growth). We claim that FFs are less prone to substitute home businesses with foreign activities and more likely to move back resources to foster domestic growth. Geographical diversification and modes of entry foster FFs' domestic growth to an even greater extent. A test conducted on Italian firms supports these hypothesized effects.

引用

页码：159 / 183

页数：25