The internationalization strategies of family businesses versus nonfamily businesses remain a neglected area of study. This investigation uses a sample of 759 Japanese subsidiaries worldwide that can be identified as family businesses or nonfamily businesses to reveal two key results. First,...

As widely documented in academic literature, family businesses perform better and enjoy a sounder financial structure than non-family businesses, a trend that applies to Japan as well, which is the context of this paper. Therefore, conventional wisdom suggests that family businesses should...

Since the mid-eighties, attention both of professionals and academics has been drawn on the " Family Business " phenomenon". Research on the family companies has known a significant renewal of interest, mostly in the Anglo-Saxon world. Recently, the economic and financial press echoed this...