Despite the prevalence of publicly-traded family firms around the world, the issue of how family control can affect the corporate venture capital (CVC) investment strategy of firms in technology sectors has remained mostly unknown. Drawing on socioemotional wealth and agency theories, we argue...

Purpose Institutional voids – the lack of institutions that can facilitate the functioning of markets – are ubiquitous in emerging markets. Because of their newness, entrepreneurial ventures are especially susceptible to institutional vacuums. This research seeks to shed light on the role...