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Aoife Hanley
Christian Albrecht University, Kiel Institute for the World Economy
Germany
Joaquín Monreal-Pérez
University of Murcia
Spain
https://orcid.org/0000-0002-9471-9643
Gregorio Sánchez-Marín
University of Alcala
Spain
https://orcid.org/0000-0003-0175-814X
Vol. 10 No. 2 (2020), Research Paper (Available), pages 61-68
DOI: https://doi.org/10.24310/ejfbejfb.v10i2.10099
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Abstract

Finding the internationalization triggers of family-managed firms is not easy because family-managed firms are regarded as being very different to begin with (e.g. Bloom et al., 2011).In investigating the role of family management, we apply a Spanish sample of 805 family-managed firms to investigate the impact of abandoning such management on export propensity. Through a Logit model, we find that such abandon is associated with a fall in export propensity, findings we relate back to managerial theories of the firm. This finding is related to specific features of family managed firms that favour export activity such as a greater flexibility and altruism. The conclusions of this work have a number of relevant implications.


 

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