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Family involvement as influencer on family firm’s growth
[L’influence de l’implication familière sur la croissance patronale]

Author

Listed:
  • Myriam Cano-Rubio

    (University of Jaen)

  • Guadalupe Fuentes-Lombardo

    (University of Jaen)

  • Valeriano Sanchez-Famoso

    (University of the Basque Country UPV/EHU)

Abstract

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.

Suggested Citation

  • Myriam Cano-Rubio & Guadalupe Fuentes-Lombardo & Valeriano Sanchez-Famoso, 2021. "Family involvement as influencer on family firm’s growth [L’influence de l’implication familière sur la croissance patronale]," Journal of International Entrepreneurship, Springer, vol. 19(4), pages 510-537, December.
    • Handle: RePEc:kap:jinten:v:19:y:2021:i:4:d:10.1007_s10843-021-00290-y
    DOI: 10.1007/s10843-021-00290-y
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    References listed on IDEAS

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    Cited by:

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    2. Mengna Xu & Minglin Wang & Yiyang Han, 2023. "Family management, family succession, and R&D investment: An empirical study," International Entrepreneurship and Management Journal, Springer, vol. 19(1), pages 293-319, March.

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