Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries
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.
Procher, V., D. Urbig und C. Volkmann (2013), Time to BRIC it? Internationalization of European family firms in Europe, North America and the BRIC countries. Applied Economics Letters , 20, 16, 1466-1471