Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries
- For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI, but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore, the BRIC countries, Brazil, Russia, India and China do not constitute a homogeneous attractiveness cluster for FDI.
Author: | Vivien D. ProcherORCiD, Diemo UrbigORCiD, Christine Volkmann |
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DOI: | https://doi.org/10.1080/13504851.2013.815302 |
ISSN: | 1350-4851 |
Title of the source (English): | Applied Economics Letters |
Document Type: | Scientific journal article peer-reviewed |
Language: | English |
Year of publication: | 2013 |
Volume/Year: | 20 |
Issue number: | 16 |
First Page: | 1466 |
Last Page: | 1471 |
Faculty/Chair: | Fakultät 5 Wirtschaft, Recht und Gesellschaft / FG ABWL, insbesondere empirische Unternehmensforschung und Transformation |