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Journal ArticleDOI

Family Involvement in the Board of Directors: Effects on Sales Internationalization

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TLDR
In this paper, a nonlinear, J-shaped relationship between family involvement in the board of directors and sales internationalization was proposed, and results from running ordinal regression analysis on data drawn from 203 U.S. family businesses confirmed their conjecture.
Abstract
Previous research shows that family involvement in the board of directors can be both positive and negative for sales internationalization. The ambiguous nature of this relationship has hindered theory building on this important phenomenon. Integrating stewardship, stagnation, and upper echelons perspectives, we propose a nonlinear, J-shaped relationship between family involvement in the board of directors and sales internationalization. Results from running ordinal regression analysis on data drawn from 203 U.S. family businesses confirmed our conjecture. We discuss the implications of our findings for family business theory and practice and indicate avenues for future research.

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Journal ArticleDOI

The Internationalization of Family Firms: A Critical Review and Integrative Model

TL;DR: In this paper, the authors systematically review and critically examine 72 journal articles published from 1980 to 2012 on the internationalization of family firms and propose an integrative theoretical model integrating the concept of socioemotional wealth with the revised Uppsala model.
Journal ArticleDOI

Viewing Family Firm Behavior and Governance Through the Lens of Agency and Stewardship Theories

TL;DR: Agency and stewardship theories are prominent perspectives to examine myriad issues within family firms as discussed by the authors. Although considered opposing theories, both address the same phenomena: the individual-level phenomenon.
Journal ArticleDOI

Family Business Performance from a Governance Perspective: A Review of Empirical Research

TL;DR: In this article, the authors provide an in-depth analysis of the family business governance system in three steps and highlight the need to contemplate the multiple relations that exist among the various governance dimensions of family firms to explain their unique performance.
Journal ArticleDOI

Family firm internationalization: heritage assets and the impact of bifurcation bias

TL;DR: In this paper, a new conceptual framework is developed to uncover governance-related determinants of family firms' internationalization, building upon internalization theory, and assess how family firm governance features determine internationalization patterns on two key dimensions: location choice and operating mode.
Journal ArticleDOI

Influence of CEO characteristics in family firms internationalization

TL;DR: In this article, the authors used a survey dataset of 187 Spanish family firms to study the characteristics that may influence family firms in their decision of internationalizing their activity, concluding that the CEO academic level of achievement influences the level of success in international expansion.
References
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Journal ArticleDOI

Social Capital, Intellectual Capital, and the Organizational Advantage

TL;DR: In this article, the authors present a model that incorporates this overall argument in the form of a series of hypothesized relationships between different dimensions of social capital and the main mechanisms and proces.
Journal ArticleDOI

Upper Echelons: The Organization as a Reflection of Its Top Managers

TL;DR: In this article, the authors synthesize these previously fragmented literatures around a more general "upper echelons perspective" and claim that organizational outcomes (strategic choices and performance levels) are partially predicted by managerial background characteristics.
Journal ArticleDOI

Social Identity Theory and the Organization

TL;DR: This article argued that social identification is a perception of oneness with a group of persons, and social identification stems from the categorization of individuals, the distinctiveness and prestige of the group, the salience of outgroups, and the factors that traditionally are associated with group formation.
Book

Human Capital

Gary Becker
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