Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries
- 27 August 2013
- journal article
- research article
- Published by Taylor & Francis Ltd in Applied Economics Letters
- Vol. 20 (16), 1466-1471
- https://doi.org/10.1080/13504851.2013.815302
Abstract
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.Keywords
This publication has 9 references indexed in Scilit:
- Trends in family business researchSmall Business Economics, 2011
- The internationalization of family businesses: A review of extant researchJournal of Family Business Strategy, 2010
- Intra-Industry Foreign Direct InvestmentAmerican Economic Review, 2009
- Ownership structure, strategic controls and export intensity of foreign-invested firms in transition economiesJournal of International Business Studies, 2008
- Where do foreign firms locate in transition countries? An empirical investigationThe Annals of Regional Science, 2007
- Impact of ownership on the international involvement of SMEsJournal of International Business Studies, 2006
- A Review of the Empirical Literature on FDI DeterminantsAtlantic Economic Journal, 2005
- Ownership and the Internationalization of Small FirmsJournal of Management, 2005
- Export Versus FDI with Heterogeneous FirmsAmerican Economic Review, 2004