International experience plays a crucial role in the choice of foreign entry mode, but its influence may vary across firms. This study investigates the difference of such an influence between family and non-family firms.

In the past 20 years, China's economy made a dramatic change. This was likely due to its improved institutional environment. In this study, we use 6 governance indicators, compiled by World Bank, to measure the change in China's institutional environment and to provide some empirical evidence of...