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International Involvement Of Smes: The Impact Of Ownership

  • Zulima Fernández

    ()

  • María J.Nieto

    ()

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    This paper analyses the relation between SME ownership and international involvement. With a wide sample of Spanish firms, from 1991 to 1999, we test the following hypotheses. Family SMEs results in lower involvement in international markets, due to difficult access to necessary strategic resources. SMEs with another company as a large-block shareholder will be more involved internationally, as they do have access more strategic resources. Likewise, when another company invests in a family SME, international involvement increases.

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    File URL: http://docubib.uc3m.es/WORKINGPAPERS/WB/wb025821.pdf
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    Paper provided by Universidad Carlos III, Departamento de Economía de la Empresa in its series Business Economics Working Papers with number wb025821.

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    Date of creation: Dec 2002
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    Handle: RePEc:cte:wbrepe:wb025821
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    Web page: http://portal.uc3m.es/portal/page/portal/dpto_economia_empresa

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