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Family involvement as influencer on family firm’s growth
Journal of International Entrepreneurship Pub Date : 2021-03-30 , DOI: 10.1007/s10843-021-00290-y
Myriam Cano-Rubio , Guadalupe Fuentes-Lombardo , Valeriano Sanchez-Famoso

This paper analyzes the relationship between family involvement and a firm’s growth. Family businesses present unique features, which make them different from other companies. Therefore, their desire to achieve long-term growth and/or survival could be motivated by different reasons from those of non-family firms. One of the possible strategic alternatives to guarantee these long-term objectives is the internationalization strategy. The empirical study carried out is quantitative research based on the partial least squares (PLS) methodology. The study population comprises Spanish wine and olive oil production companies. Our results show how economic reasons account for the relationship between family involvement in the business and achievement of their growth. Likewise, we find that, depending on their international propensity as moderating variable, the mediation effect of the underlying business economic motivations is total for non-international firms, whereas that effect is a partial one if the firms have become international.



中文翻译:

家庭参与对家族企业成长的影响

本文分析了家庭参与和企业成长之间的关系。家族企业具有独特的功能,这使其与其他公司有所不同。因此,出于与非家族企业不同的原因,可能促使他们实现长期增长和/或生存。确保这些长期目标的可能战略选择之一是国际化战略。进行的实证研究是基于偏最小二乘(PLS)方法的定量研究。研究对象包括西班牙葡萄酒和橄榄油生产公司。我们的结果表明,经济原因如何解释了家庭参与业务与实现增长之间的关系。同样地,我们发现

更新日期:2021-03-30
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