Home-region focus and performance of family firms: The role of family vs non-family leaders

被引:174
作者
Banalieva, Elitsa R. [1 ]
Eddleston, Kimberly A. [1 ]
机构
[1] Northeastern Univ, Coll Business Adm, Int Business & Strategy Grp, Boston, MA 02115 USA
关键词
family firms; regional/global geographic scope; family leadership; performance; agency theory; stewardship theory; PROFESSIONAL MANAGEMENT; GLOBAL STRATEGIES; GEOGRAPHIC SCOPE; OWNERSHIP; PERSPECTIVE; BUSINESSES; IMPACT; DIVERSIFICATION; STEWARDSHIP; INVOLVEMENT;
D O I
10.1057/jibs.2011.28
中图分类号
F [经济];
学科分类号
02 ;
摘要
Do family firms benefit more from a regional or a global geographic scope? We suggest it depends on their family leadership type - family vs non-family leadership. We offer a nuanced view of agency and stewardship theories to hypothesize that family leaders are most beneficial when pursuing a regional strategy (i.e., high home-region focus (HRF)), whereas non-family leaders are more advantageous when pursing a global strategy (i.e., low HRF). Utilizing a sample of 202 Western European firms from 1996 to 2006, we find support for this central hypothesis. Thus family leadership influences the degree to which family firms benefit from HRF. Journal of International Business Studies (2011) 42, 1060-1072. doi:10.1057/jibs.2011.28
引用
收藏
页码:1060 / 1072
页数:13
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