Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries
AbstractFor 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 homogenous attractiveness cluster for FDI.
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Bibliographic InfoPaper provided by Universitätsbibliothek Wuppertal, University Library in its series Schumpeter Discussion Papers with number sdp13004.
Date of creation: Jun 2013
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Web page: http://elpub.bib.uni-wuppertal.de
foreign direct investment; family firms; BRIC;
Other versions of this item:
- Vivien Procher & Diemo Urbig & Christine Volkmann, 2013. "Time to BRIC It? – Internationalization of European Family Firms in Europe, North America and the BRIC Countries," Ruhr Economic Papers 0416, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-07-05 (All new papers)
- NEP-BEC-2013-07-05 (Business Economics)
- NEP-CIS-2013-07-05 (Confederation of Independent States)
- NEP-CSE-2013-07-05 (Economics of Strategic Management)
- NEP-IFN-2013-07-05 (International Finance)
- NEP-SBM-2013-07-05 (Small Business Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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