The Influence of Socio-Emotional Wealth on the Speed of the Export Development Process in Family and Non-Family Firms

Ana M. Moreno Menéndez; Marco Castiglioni; María del Mar Cobeña Ruiz-Lopez

doi:10.24310/ejfbejfb.v11i2.10782

Autores/as

Ana M. Moreno Menéndez University of Seville, Spain España https://orcid.org/0000-0002-0040-1459
Marco Castiglioni University of Seville, Spain España
María del Mar Cobeña Ruiz-Lopez University of Seville, Spain España https://orcid.org/0000-0003-4970-8897

DOI:

https://doi.org/10.24310/ejfbejfb.v11i2.10782

Palabras clave:

Empresa familiar, Exportaciones, Riqueza socio-emocional, Proceso de internacionalización, Velocidad de internacionalización

Resumen

Este trabajo propone que las empresas familiares no necesariamente se internacionalizan menos que las empresas no familiares, sino que lo hacen más lentamente. La baja velocidad del proceso de internacionalización de la empresa familiar (medida por la velocidad del proceso de desarrollo exportador) es consecuencia del papel de la riqueza socioemocional (SEW) en estas empresas. La SEW opera a través de tres mecanismos diferentes: (1) orientación a largo plazo, (2) evitación de riesgos y (3) falta de recursos para ser independiente. La investigación empírica, basada en un panel de más de mil empresas manufactureras españolas a lo largo de nueve años (2006-2014), apoya la hipótesis propuesta, independientemente del tamaño, antigüedad y nivel de compromiso exportador anterior de la empresa.

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