Family firms, R&D, and internationalization: the stewardship and socio-emotional wealth perspectives
| Autor: | Wen Ting Lin, Linda C. Wang |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Longitudinal data
Strategy and Management Business administration 05 social sciences Economics Econometrics and Finance (miscellaneous) Socio emotional Stewardship theory Family member Internationalization 0502 economics and business Positive relationship 050211 marketing Stewardship Business Business and International Management 050203 business & management |
| Zdroj: | Asia Pacific Journal of Management. 38:91-119 |
| ISSN: | 1572-9958 0217-4561 |
| Popis: | This study draws on stewardship theory and socio-emotional wealth theory to postulate the moderating impact of family ownership on the relationship between research and development (R&D) and firm internationalization. In particular, it focuses on how the relationship between R&D and internationalization differs between family firms managed by a CEO who is a family member and family firms that are managed by a CEO from outside of the family. Based on longitudinal data gathered from 2000 through 2006 from 179 publicly listed high-tech firms in Taiwan, the results reveal that family CEOs further positively moderate the positive relationship between R&D and firm internationalization, while the moderating effect of non-family CEOs proved weaker regarding R&D and firm internationalization. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink