Time to BRIC It? – Internationalization of European Family Firms in Europe, North America and the BRIC Countries
For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a homogenous attractiveness cluster for FDI.
Year of publication: |
2013
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Authors: | Procher, Vivien ; Urbig, Diemo ; Volkmann, Christine |
Publisher: |
Essen : Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) |
Subject: | Foreign direct investment | family firms | BRIC |
Saved in:
freely available
Series: | Ruhr Economic Papers ; 416 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
ISBN: | 978-3-86788-471-6 |
Other identifiers: | 10.4419/86788471 [DOI] 749578262 [GVK] hdl:10419/75407 [Handle] RePEc:zbw:rwirep:416 [RePEc] |
Classification: | D21 - Firm Behavior ; F23 - Multinational Firms; International Business ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration |
Source: |
Persistent link: https://www.econbiz.de/10010314771