Multinational family firms’ internationalization depth and breadth following the global financial crisis

• Main Authors: FOURNÉ, Sebastian P. L., ZSCHOCHE, Miriam, SCHWENS, Christian, KOTHA, Reddi
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Family firms; MNEs; macroeconomic shock; global financial crisis; bifurcation bias; family firm-specific resources; FDI; market entry; Entrepreneurial and Small Business Operations; International Business; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7161; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8160/viewcontent/MNC_Family_Firms_Internationalization_Post_Crisis.pdf
• Institution: Singapore Management University

This study examines how large family firms react to a macroeconomic shock in terms of their internationalization depth and breadth. Building on new internalization theory and acknowledging the dysfunctional manifestations of bifurcation bias in large family-owned MNEs, we argue that an unexpected sh...