Why is Family Firms’ Internationalization Unique? A Meta–Analysis
通过对76项覆盖41个国家的研究进行元分析,发现家族控制、国际化类型和母国制度环境(如少数股东保护和对外国人的普遍信任)解释了家族企业与国际化关系的差异。
Despite its importance, there is no clear understanding of the uniqueness of family firms’ internationalization. This article sheds new light on this issue with a meta–analysis of 76 studies covering 41 countries. We show that the considerable study and cross–country differences in the relationship between family firm and internationalization are explained by the roles of family control, internationalization types, and home countries’ institutional contexts (i.e., minority shareholders protection and generalized trust of people from other countries). Therefore, we examine the existing divergent results using theories that reconcile some of these mixed findings and shed light on family firms’ specific internationalization challenges.