Kiel Working Papers, Kiel Institute for World Economics
No 1770:
Family Firm Internationalization: Influence of Familiness on the Spanish Firm Export Activity
Fernando Merino, Joaquín Monreal-Pérez and Gregorio Sánchez-Marín
Abstract: This paper studies the determinants of the export activity
of family SMEs, disentangling the three main dimensions that comprise the
concept of familiness: power, experience, and culture. The results, using
the F-PEC scale over a sample of 500 Spanish SMEs, show that this approach
identifies the determinants that explain the export activity of family SMEs
better than a simple dichotomous approach. Specifically, we find that the
expertise transmitted from different generations and the family culture
orientation to the firm positively affect the international activities of
family SMEs; however, the composition of the firm control–management does
not have any significant influence on internationalization
Keywords: Family SMEs, export activity, Familiness, Spanish firms, F-PEC scale; (follow links to similar papers)
JEL-Codes: D22,; M16; (follow links to similar papers)
35 pages, April 2012
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