Time to BRIC It? – Internationalization of European Family Firms in Europe, North America and the BRIC Countries

Vivien Procher (), Diemo Urbig and Christine Volkmann

No 416, Ruhr Economic Papers from RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen

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)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries (2013)
Working Paper: Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:rwirep:416

DOI: 10.4419/86788471

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