Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries

Vivien Procher (), Diemo Urbig and Christine Volkmann
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Christine Volkmann: Jackstaedt Center of Entrepreneurship and Innovation Research, Schumpeter School of Business and Economics, University of Wuppertal

No sdp13004, Schumpeter Discussion Papers from Universitätsbibliothek Wuppertal, University Library

Abstract: For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a homogenous attractiveness cluster for FDI.

Keywords: foreign direct investment; family firms; BRIC (search for similar items in EconPapers)
JEL-codes: D21 F23 L22 (search for similar items in EconPapers)
Pages: 11
Date: 2013-06
New Economics Papers: this item is included in nep-bec, nep-cis, nep-cse, nep-ifn and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:bwu:schdps:sdp13004

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