Impact of ownership on the international involvement of SMEs

被引:380
作者
Fernandez, Zulima [1 ]
Nieto, Maria Jesus [1 ]
机构
[1] Univ Carlos III Madrid, Secc Org Empresas, Madrid 28903, Spain
关键词
internationalisation; corporate governance; SMEs;
D O I
10.1057/palgrave.jibs.8400196
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses the relationship between the internationalisation strategies of SMEs and types of ownership. Different types of ownership affect firms, and this in turn will influence the internationalisation strategy adopted. Using a sample of Spanish SMEs, our results show that internationalisation is negatively related to family ownership and positively related to corporate ownership. We have also observed that the presence of a corporate blockholder in family firms encourages internationalisation. These results support the idea that ownership type influences the decision to internationalise.
引用
收藏
页码:340 / 351
页数:12
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