The Role of IPO in Internationalization Process of Family Business. The Italian Case of the Burani Family. Is it a Black Swan?
AbstractConsidering the growth of global economy and the high competitiveness internationalization process seems to be more important for family businesses. The internationalization theories are often related to the most appropriate tool for their feasibility. Also internationalization strategies need high financial resources that small family businesses often do not possess. The aim of this paper is to show a grey area in the intersection between the studies on family businesses’ IPO and internationalization. We try to contribute to the literature on family business discussing some propositions and highlighting which are the main advantages and the more significant costs associated to the IPO as a tool for internationalization. We argue these propositions through the use of a systematic research on literature and through the case study on the Burani family.
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Bibliographic InfoArticle provided by DSI - Dipartimento di Studi sull'Impresa in its journal DSI Essays Series.
Volume (Year): 9 (2009)
Issue (Month): ()
Internationalization; Family Business; IPO;
Find related papers by JEL classification:
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
- M16 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - International Business Administration
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