Inconsistent performance feedback and firm internationalization: Can CEOs remove the haze?

Anita Kerai and Nycil George

Journal of World Business, 2025, vol. 60, issue 3

Abstract: In this paper, we investigate how CEO power moderates the relationship between inconsistent performance feedback and family firm internationalization. We argue that when faced with such ambiguity, internationalization is contingent on the CEOs’ ability derived from their sources of power. We test our hypotheses using a sample of Indian family firms from 2008 to 2015. We find that powerful CEOs choose self-enhancement over problemistic search and are less likely to pursue firm internationalization. Our results also show that when CEOs draw power from formal sources, they are more prone to cognitive biases and, thus, more likely to adopt self-enhancement.

Keywords: Performance feedback; Internationalization; Family firms; CEO power (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1016/j.jwb.2025.101625

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