Governance structure and internationalization of family-controlled firms: The mediating role of international entrepreneurial orientation

Calabrò, Andrea; Campopiano, Giovanna; Basco, Rodrigo; Pukall, Thilo

doi:10.1016/j.emj.2016.04.007

Cited by 75 publications

(46 citation statements)

References 78 publications

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“…In the family firm context, Sciascia et al (2013) find a J-shape relationship between family presence on board and sales internationalization: sales internationalization decreases and then slightly increases with an increase in the proportion of family directors. Similarly, Calabrò et al (2017) find that the presence of non-family directors positively affects internationalization. Gabrielsson and Huse (2005) highlight the importance of using theories of agency, resource-based view, and resource dependency to understand outside directors' multiple roles.…”

Section: Board Characteristicsmentioning

confidence: 88%

“…CEO locus of control positively affects firm performance in terms of growth (Davidsson 1991) and profitability (Boone et al 1996). Entrepreneurial orientation (Wiklund et al 2009) and strategic planning (Berry 1998), as well as entrepreneur style (Sadler-Smith et al 2003), drive firm growth and are affected by CEO characteristics such as ownership and founder status (Deb and Wiklund 2017) and directors (such as non-family directors) (Calabrò et al 2017). Managerial ethical orientation can be directed by policymakers to influence small firms' ethics (Spence and Rutherfoord 2001).…”

Section: Find That Formal Tmt Activities Captured By Management Meetimentioning

confidence: 99%

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Corporate governance in entrepreneurial firms: a systematic review and research agenda

Terjesen

Umans

2018

Small Bus Econ

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This systematic review covers the extant literature on corporate governance in entrepreneurial firms. Using a sample of 137 research papers published from pre-1990 through June 2018 in 60 journals, we categorize outlets, research methods (quantitative, qualitative, review, and non-empirical), theoretical perspectives, and research questions, highlighting key patterns. We then summarize the concepts under study in the sample literature, and the geographical sources and model specification of quantitative empirical studies. The conclusion highlights the quite fragmented nature of the field and the substantial knowledge gaps, and then proposes an actionable agenda for future research in terms of theories, research questions, research settings, and research designs. In particular, we describe the need to explore how corporate governance mechanisms interact with one another and affect firm outcomes, by applying novel theoretical perspectives and methods that could provide a better understanding of entrepreneurial firms' functioning. Keywords Corporate governance. Entrepreneurial firms. Literature review. New venture boards. Research agenda JEL classification G30. L26. M10 1 Introduction The last two decades witness a marked interest in research on corporate governance of entrepreneurial firms. While board of directors (BOD) is the most explored corporate governance mechanism in these studies, researchers also examine CEO characteristics and compensation, CEO-BOD relations, top management team characteristics and functioning, and ownership-related aspects. The limited set of reviews (e.g.

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Section: Board Characteristicsmentioning

confidence: 88%

Section: Find That Formal Tmt Activities Captured By Management Meetimentioning

confidence: 99%

Corporate governance in entrepreneurial firms: a systematic review and research agenda

Terjesen

Umans

2018

Small Bus Econ

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“…Entrepreneurs can gain international experience by being directly involved in business with foreign markets [158] or by expending networks with foreign partners [159]. In both approaches of gaining international experience, women entrepreneurs face challenges in the male dominant society.…”

Section: Figure 2 Selection Of Parametersmentioning

confidence: 99%

Women Entrepreneurship in International Trade: Bridging the Gap by Bringing Feminist Theories into Entrepreneurship and Internationalization Theories

Akter¹,

Rahman²,

Radičić³

2019

Sustainability

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Participation of women-owned small and medium-sized enterprises (SMEs) in international trade is gaining more importance in the transformation of institutional changes. Although women entrepreneurs contribute to the social and economic development, the role of social, cultural, and legal institutions in fostering women entrepreneurship is still debatable. This argument remains controversial as there is no single theory that has explained the phenomenon of women-owned firms in international trade. Because of the missing link between gender sensitivity and the existing theories of entrepreneurship and internationalization, there is a significant research gap. To fill up this research gap, this study revisited existing theories from three research domains: feminism, entrepreneurship, and internationalization. Factors derived from revisiting theories of entrepreneurship and internationalization were evaluated based on findings from the review of the feminist theories. Finally, key parameters were selected to assess the internationalization of women-owned SMEs, which require future empirical investigation.

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“…The inconsistencies in this research stream might stem from the different proxies used for measuring board composition. Indeed, many studies have focused on how family directors affect firm performance (Calabrò and Mussolino ; González‐Cruz and Cruz‐Ros ; Mazzola, Sciascia, and Kellermanns ; Silva and Majluf ) and entrepreneurial orientation (Arzubiaga et al ; Bauweraerts and Colot ; Calabrò et al ; Pitchayadol et al ; Powell and Eddleston ). These contributions have leveraged the idea that the family affiliation of board members is a specific characteristic that makes them different from other board members (Wilson, Wright, and Scholes ).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

They Are Not All the Same! Investigating the Effect of Executive versus Non‐executive Family Board Members on Firm Performance

Basco

Campopiano

Calabrò

et al. 2019

Journal of Small Business Management

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Drawing on faultlines and challenging the assumption that family board members form a homogenous subgroup, we hypothesize that the distinction between executive and non-executive family board members can create faultlines that affect firm performance. We propose that the discrepancy between results and goals can activate and exacerbate faultlines. Using a sample of 421 family small and medium-sized enterprises (SMEs), we find a U-shaped relationship between the ratio of family executive board members and firm performance showing the consequences of relationship-based and task-related faultlines. Moreover, we find that the U-shaped relationship occurs when firms perceive that they under-achieve their objectives, whereas a reverse J-shaped relationship appears when firms over-achieve their objectives.

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Governance structure and internationalization of family-controlled firms: The mediating role of international entrepreneurial orientation

Cited by 75 publications

References 78 publications

Corporate governance in entrepreneurial firms: a systematic review and research agenda

Corporate governance in entrepreneurial firms: a systematic review and research agenda

Women Entrepreneurship in International Trade: Bridging the Gap by Bringing Feminist Theories into Entrepreneurship and Internationalization Theories

They Are Not All the Same! Investigating the Effect of Executive versus Non‐executive Family Board Members on Firm Performance

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