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La internacionalización de las empresas familiares en el negocio corchero mundial: los casos de Reynolds, Mundet y Corticeira Amorim

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  • Francisco Manuel Parejo Moruno

    ()

  • Amélia Branco
  • João Carlos Lopes
  • José Francisco Rangel Preciado

Abstract

The internationalization of family firms has become an important field of economic research, which could be addressed from different theoretical approaches. In all of them, historical perspective is a very useful tool, since a long-term approach allows a deeper understanding of the internationalization process and their geographic, economic and social implications. The purpose of this work is to analyze the processes of internationalization followed by family firms, with an emphasis on factors linked to them which favor their success in the global markets. In particular, we present a historical analysis of three relevant family firms in the world cork business history; first, the Reynolds family firm, which is a paradigm of commercial success in the cork business until the last quarter of the nineteenth century, and of failure thereafter; second, the Mundet & Sons company, which, despite having become a leading company in the world cork business, is also a paradigmatic example of failure because of its final outcome in the 1980s; and third, Corticeira Amorim, an example of success and leadership in the international market since the mid-twentieth century to today.

Suggested Citation

  • Francisco Manuel Parejo Moruno & Amélia Branco & João Carlos Lopes & José Francisco Rangel Preciado, 2015. "La internacionalización de las empresas familiares en el negocio corchero mundial: los casos de Reynolds, Mundet y Corticeira Amorim," Documentos de Trabajo de la Sociedad Española de Historia Agraria 1508, Sociedad Española de Historia Agraria.
  • Handle: RePEc:seh:wpaper:1508
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    More about this item

    Keywords

    Family firms; internationalization; cork; cork industry; Reynolds; Mundet; Corticeira Amorim;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • H00 - Public Economics - - General - - - General
    • L73 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Forest Products
    • P25 - Economic Systems - - Socialist Systems and Transition Economies - - - Urban, Rural, and Regional Economics

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