Internationalization of family business and innovation investment: An executive incentive-based perspective

Jingjing Bian, Pengyang Li, Fengjiao Ren and Wen Li

Finance Research Letters, 2024, vol. 63, issue C

Abstract: We selected a sample of listed family business in China from 2017 to 2022 to explore the relationship between the internationalized operations of family businesses and corporate innovation investment. It is found that the internationalized operation of family businesses has a positive impact on innovation investment; executive compensation incentives and executive equity incentives positively regulate the impact of the internationalized operation on innovation investment of family businesses.

Keywords: Family business; Internationalization; Innovation investment (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:63:y:2024:i:c:s1544612324003787

DOI: 10.1016/j.frl.2024.105348

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