Exploring the moderation effects of family business status on the relationships between CEO's characteristics and SME internationalisation: evidence from Bulgaria

Desislava Yordanova

World Review of Entrepreneurship, Management and Sustainable Development, 2017, vol. 13, issue 2/3, 314-337

Abstract: This study explores the moderating effects of the family business status on the relationships between the chief executive officer's characteristics and internationalisation in a sample of Bulgarian SMEs. Drawing upon the upper echelons theory and the resource-based view, the paper proposes a conceptual model and hypotheses positing that the effects of the chief executive officer's attributes on internationalisation may differ significantly between family and non-family SMEs. The empirical findings reveal the presence of diverging antecedents of internationalisation between family and non-family SMEs supporting the view that it is important to research family SMEs as distinctive research objects. The paper provides a discussion of practical implications and recommendations for future research.

Keywords: internationalisation; family firms; family business; SMEs; small and medium-sized enterprises; CEO characteristics; moderating effects; Bulgaria; entrepreneurship. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:wremsd:v:13:y:2017:i:2/3:p:314-337

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