This paper analyzes how fast do family businesses react to a decline in their financial performance. Turnaround is especially relevant in family businesses due to the importance of non-economic goals. We study the differences between family and non-family businesses in relation to closure and...

This paper proposes that family firms do not necessarily internationalize less than non-family businesses, but rather, they do it more slowly. Lower speed of internationalization process of family business (measured by the speed of the export development process) is a consequence of the role of...

This article deals with two important concepts in the prior literature on the internationalization process: age at entry and export experience. Against previous research, we analyze how both of them influence simultaneously international behavior in the early stages of the internationalization...