 Performance of Mid-Size Internationalized Indian Firms: Evaluating the Role of Family ControlFaisal M Ahsan and Ajay Singal () Asian Journal of Empirical Research, 2019, vol. 9, issue 12, 387-400 Abstract: The rapidly growing and gradual emergence of multinational firms from the Indian sub-continent now calls for thorough re-understandings of extant theories and existing ideologies of the ‘internationalization’ process. We would initially assess the three-stage model of internationalization in the context of mid-size Indian firms and intend to investigate the relationship between performance and degree of internationalization. Based on the longitudinal dataset (2005-12) of publicly listed firms, our findings suggested that mid-size firms remained stuck up in the first stage of internationalization and accordingly exhibit a downward-sloping relationship between internationalization’s degree and performance. Most of the mid-size firms continued to show a predominantly family-controlled stance, and the impact of family ownership shows negative effects on the degree of internationalization. By examining the performance heterogeneity in family-owned firms towards internationalization, this paper enriches the existing body of research and assume it to be a prolific addition in the literature on international expansion. Keywords: Mid-size Indian firms; Internationalization; Family control (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:asi:ajoerj:v:9:y:2019:i:12:p:387-400:id:4301 Access Statistics for this article More articles in Asian Journal of Empirical Research from Asian Economic and Social Society |
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