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Time to BRIC it? Internationalization of European family firms in Europe, North America, and the BRIC countries

Tijdschriftbijdrage - Tijdschriftartikel

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 homogeneous attractiveness cluster for FDI.
Tijdschrift: Applied economics letters
ISSN: 1350-4851
Volume: 20
Pagina's: 1466 - 1471
Jaar van publicatie:2013
BOF-keylabel:ja
Auteurs:International
Authors from:Higher Education