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International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics

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Listed:
  • Karen Watkins-Fassler
  • Lázaro Rodríguez-Ariza

Abstract

The objective of this research is to analyze the influence on international entrepreneurship of both Chief Executive Officers (CEOs) and board of directors’ traits. It takes into account 52 listed family firms in Mexico (2001-2015), an emerging market where ownership concentration is particularly high. Results obtained from a binary probit model show that family involvement reduces the odds of pursuing foreign endeavors. However, when the CEO has a business administration academic background, the probability of having subsidiaries or branches abroad rises considerably. Finally, there is evidence that the presence of women on boards reduces the odds of international entrepreneurship

Suggested Citation

  • Karen Watkins-Fassler & Lázaro Rodríguez-Ariza, 2019. "International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics," Estudios Gerenciales, Universidad Icesi, vol. 35(153), pages 361-369, December.
    • Handle: RePEc:col:000129:017762
    as

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    File URL: https://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3166
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    quantitative analysis; international entrepreneurship; family firm; Mexico;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • G3 - Financial Economics - - Corporate Finance and Governance
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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