The role of family firms’ generational heterogeneity in the entry mode choice in foreign markets

Mariotti, Sergio; Marzano, Riccardo; Piscitello, Lucia

doi:10.1016/j.jbusres.2020.10.064

Cited by 62 publications

(47 citation statements)

References 114 publications

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“…At the same time, the concept of added cultural distance has become more prominent in the broader IB domain (Kim et al, 2020 ). Also, the more recent articles in this cluster pointed to the topic of control of FDI by family firms (Del Bosco & Bettinelli, 2020 ) which is in line with the emerging trends in the IB field (Mariotti et al, 2021 ). These pointed toward the following research directions: What is the role of added-cultural distance in determining MNE entry modes?…”

Section: Major Themes In Mir Corpussupporting

confidence: 62%

Research Published in Management International Review from 2006 to 2020: A Bibliometric Analysis and Future Directions

et al. 2021

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The Management International Review ( MIR ) celebrated its 60th anniversary in 2020. In commemoration of this event, we use a bibliometric analysis to present a retrospective on the journal by analyzing its content for the years between 2006 and 2020. We find that the collaboration culture in MIR has risen over time with the increase in the median size of author teams. Moreover, the collaboration network has become more global over time. The methodology used in the journal is predominantly empirical and quantitative with archival data sources most commonly used. The bibliographic coupling of the MIR corpus reveals that the major themes in the journal revolve around “culture,” “emerging economies,” “innovation, knowledge transfer, and absorptive capacity,” “internationalization process,” “culture and entry modes,” and “internationalization and performance.” A comparison with other leading international business journals provides distinct pathways in which MIR may continue to grow. Finally, it is important to note that while the share of conceptual studies has decreased significantly in the last 15 years, the MIR editors want to see more novel and theoretically grounded conceptual articles in the journal.

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Section: Major Themes In Mir Corpussupporting

confidence: 62%

Research Published in Management International Review from 2006 to 2020: A Bibliometric Analysis and Future Directions

et al. 2021

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“…There is undoubted academic interest in knowing whether corporate decisions differ between companies depending on the presence or not of a family in the shareholding and key decision-making positions (i.e., Mariotti et al 2020), especially in the field of corporate social responsibility due to the principles of socioemotional wealth that determine the decision-making processes in these companies (García-Sánchez et al 2021b).…”

Section: Introductionmentioning

confidence: 99%

Family Firms and Coupling among CSR Disclosures and Performance

Parra-Domínguez

Crowther

Azevedo

2021

Administrative Sciences

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This paper aims to analyse the behaviours related to the decoupling of the disclosed information on Corporate Social Responsibility (CSR) and corporate sustainability, deepening these practices’ knowledge within family businesses. For this purpose, we defined decoupling as a gap between social responsibility performance (internal actions) and disclosures (external actions). For a sample of 33,809 observations for the period 2011–2019, corresponding to 5029 companies, 19% being family firms, our empirical evidence supports that family firms present a less wide gap between performance and disclosure, confirming the prevalence of socioemotional wealth dimensions in the decision-making of these companies. In firms without controlled shareholders, the quality of nonfinancial reporting could be understood as ambiguous, understanding that the most useful CSR information is found in the reports of family-owned companies.

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“…With respect to the generation which run the firm, several studies found that founder or first generations outperform better and later generations are associated with a decrease in performance (Miller et al, 2011;Morck et al, 2000;Villalonga & Amit, 2006), although the opposite relationship also exists (Sraer & Thesmar, 2007). For internationalisation strategy, the results about the influence on the generation ruling the firm are also inconclusive (Mariotti et al, 2021) and more research is necessary to understand the relationship between the generation and international decisions (Segaro et al, 2014). Following the SEW perspective, in FFs governed by the founder, i.e., first generation FFs, the SEW orientation is dominant (Le-Breton Miller & Miller, 2013).…”

Section: Family Involvement As a Moderating Variable In Internationalisation-performance Relationshipmentioning

confidence: 99%

“…In FFs, the socioemotional-wealth (SEW) theory has studied this area of research and it points out that this kind of firms could be less internationalised. Even though an increasing number of studies have dealt with different aspects of the internationalisation process in the context of FFs, such as their propensity to international growth (Calabrò et al, 2017;Pukall & Calabró, 2014), the entry mode choice (Andreu et al, 2020;Boellis et al, 2016;Mariotti et al, 2021;Yamanoi & Asaba, 2018), or the influence of firm's capabilities (Alayo et al, 2021;Hernández-Perlines, 2018), few studies have carried out an in-depth analysis of the relationship between international activity and performance considering different aspects of family involvement, being one of the main topics that needs a further attention (Kim & Gao, 2013). Therefore, more studies are needed on the relationship between internationalisation and performance in FFs.…”

Section: Introductionmentioning

confidence: 99%

The Role of Family Firms Heterogeneity on the Internationalisation and Performance Relationship

García

Andreu

2021

EJFB

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Many papers have addressed the influence of different characteristics of family businesses on strategic decisions, including those of internationalisation. However, little is known about the relationship between the internationalization of family firms and firm profitability. For this reason, from the socioemotional wealth perspective, in this paper, we focus on the moderating role of some heterogeneous characteristics of family firms on the relationship between internationalisation and business performance. Specifically, we analyse a sample of 76 companies belonging to the Spanish hotel industry, one of the most internationalised sectors and with a large presence of family businesses. The results show that family involvement in ownership and management, as well as generation, moderates the relationship between internationalisation and profitability in the Spanish hotel industry.

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The role of family firms’ generational heterogeneity in the entry mode choice in foreign markets

Cited by 62 publications

References 114 publications

Research Published in Management International Review from 2006 to 2020: A Bibliometric Analysis and Future Directions

Research Published in Management International Review from 2006 to 2020: A Bibliometric Analysis and Future Directions

Family Firms and Coupling among CSR Disclosures and Performance

The Role of Family Firms Heterogeneity on the Internationalisation and Performance Relationship

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