Ownership, governance, and internationalization in family firms: a replication and extension

Author(s)
Francesco Debellis, Michele Pinelli, Marcel Hülsbeck, Anne Heider
Abstract

In one of the most influential studies on family firm internationalization, Sciascia et al. (2012) advance a curvilinear relationship between family ownership and firm internationalization. We replicate their study adopting a three-step approach. First, we use the same measures on a different sample to test the generalizability of their findings. Second, we change the independent variable and hypothesize a negative relationship between family involvement in the board of directors and firm internationalization. Third, we introduce and measure the moderating role of firm age and firm size in this relationship. Our study advances the family firm internationalization literature both theoretically and methodologically. Theoretically, we show that it is not so much family ownership per se, but the influence the family obtains through board directorship that affects the family firm internationalization strategy. In addition, we show that this effect is moderated by firm age and size. Methodologically, our study is an important step forward toward increasingly transparent and replicable family business research.

Organisation(s)
Department of Marketing and International Business
External organisation(s)
Universita Ca' Foscari, Venezia, Universität Witten/Herdecke
Journal
Small Business Economics
Volume
61
Pages
1437-1459
No. of pages
23
ISSN
0921-898X
DOI
https://doi.org/10.1007/s11187-023-00736-8
Publication date
03-2023
Peer reviewed
Yes
Austrian Fields of Science 2012
502016 SME-research
Keywords
ASJC Scopus subject areas
Economics and Econometrics, General Business,Management and Accounting
Portal url
https://ucrisportal.univie.ac.at/en/publications/8d0b256e-e97c-471c-a696-c3e5d6aa1d90