IDEAS home Printed from https://ideas.repec.org/a/taf/entreg/v33y2021i7-8p532-554.html

Family firms in European regions: the role of regional institutions

Author

Listed:
  • Fernanda Ricotta
  • Rodrigo Basco

Abstract

Our study investigates whether the quality of regional institutions influences firms’ likelihood of being a family firm. We explore our conjecture using the EU-EFIGE/Bruegel-UniCredit dataset, which provides comparable cross-country data on manufacturing firms in seven European countries. We use a multilevel framework to analyse how firm- and regional-level variables influence firms’ likelihood of being a family firm. We find evidence that location matters in explaining firms’ probability of being a family firm but that differences between countries are more relevant than are differences between regions. Our results show that the lower the quality of regional institutions, the higher the likelihood of a firm being a family firm. Our results are robust to alternative regional-level control variables and persist after several robustness checks.

Suggested Citation

  • Fernanda Ricotta & Rodrigo Basco, 2021. "Family firms in European regions: the role of regional institutions," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 33(7-8), pages 532-554, August.
    • Handle: RePEc:taf:entreg:v:33:y:2021:i:7-8:p:532-554
    DOI: 10.1080/08985626.2021.1925849
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/08985626.2021.1925849
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/08985626.2021.1925849?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Tao-Schuchardt, Martin & Kammerlander, Nadine, 2024. "Board diversity in family firms across cultures: A contingency analysis on the effects of gender and tenure diversity on firm performance," Journal of Family Business Strategy, Elsevier, vol. 15(2).
    2. Telma Mendes & Vítor Braga & Carina Silva & Alexandra Braga, 2025. "The speed of internationalization in regionally clustered family firms: a deeper understanding of innovation activities and cluster affiliation," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 45(1), pages 51-108, March.
    3. María Sacristán-Navarro & Irma Martínez-García & Rodrigo Basco & Silvia Gómez-Ansón, 2025. "Context matters! Insights into family ownership of listed firms across Europe," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 45(1), pages 109-151, March.
    4. Franciele Beck & Kyung eun Park & Jéssica Merco do Nascimento e Silva & Tatiane Meurer & Stephan Klaus Bubeck & Melania Riefolo & Jochen Baumgardt & Lech Suwala & Jan-Philipp Ahrens, 2025. "Brazilian large family firms & non-Family firms: bridging regional context and top management team gender diversity," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 45(1), pages 185-220, March.
    5. Evans Korang Adjei & Stefano Amato & Rodrigo Basco & Lech Suwala, 2025. "Family firms and regional context: literature overview, agenda framing and future research directions," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 45(1), pages 1-16, March.
    6. Suwala Lech & Ahrens Jan-Philipp & Basco Rodrigo, 2024. "Family firms, hidden champions and regional development," ZFW – Advances in Economic Geography, De Gruyter, vol. 68(1), pages 1-8.
    7. Stefano Ghinoi & Riccardo Vita & Bodo Steiner & Alessandro Sinatra, 2024. "Family firm network strategies in regional clusters: evidence from Italy," Small Business Economics, Springer, vol. 62(1), pages 87-103, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:entreg:v:33:y:2021:i:7-8:p:532-554. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TEPN20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.