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Family firm internationalization and top management team collaboration: Roles, emotional attachment, and risk perceptions

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  • de Groote, Julia
  • Feninger, Moritz
  • Kammerlander, Nadine

Abstract

This study examines how collaboration within top management teams (TMTs) composed of family owner-managers (FOMs) and nonfamily managers (NFMs) influences internationalization decisions. Based on a qualitative multi-case study, we identify four roles taken by TMT members: drivers (typically FOMs), experts (both FOMs and NFMs), boundary spanners (typically NFMs), and administrators (typically NFMs). We theorize how congruence regarding roles, emotional attachment, and risk perception fosters internationalization decisions, whereas frictions arise in case of incongruence and hinder decision-making. The study contributes to research on family firm internationalization and to emerging research on TMT structure.

Suggested Citation

  • de Groote, Julia & Feninger, Moritz & Kammerlander, Nadine, 2023. "Family firm internationalization and top management team collaboration: Roles, emotional attachment, and risk perceptions," Journal of World Business, Elsevier, vol. 58(6).
    • Handle: RePEc:eee:worbus:v:58:y:2023:i:6:s1090951623000640
    DOI: 10.1016/j.jwb.2023.101489
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    References listed on IDEAS

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    1. Jan Johanson & Jan-Erik Vahlne, 2009. "The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 40(9), pages 1411-1431, December.
    2. Jean-François Hennart & Antonio Majocchi & Emanuele Forlani, 2019. "The myth of the stay-at-home family firm: How family-managed SMEs can overcome their internationalization limitations," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(5), pages 758-782, July.
    3. Ilya R. P. Cuypers & Charmi Patel & Gokhan Ertug & Jiatao Li & Youtha Cuypers, 2022. "Top management teams in international business research: A review and suggestions for future research," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 53(3), pages 481-515, April.
    4. Kraus, Sascha & Ambos, Tina C. & Eggers, Felix & Cesinger, Beate, 2015. "Distance and perceptions of risk in internationalization decisions," Journal of Business Research, Elsevier, vol. 68(7), pages 1501-1505.
    5. Julian Schenkenhofer, 2022. "Hidden champions: a review of the literature & future research avenues," Management Review Quarterly, Springer, vol. 72(2), pages 417-482, June.
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    Cited by:

    1. Jean-Luc Arrègle & Andrea Calabrò & Michael A. Hitt & Liena Kano & Christian Schwens, 2024. "Family business and international business : Breaking silos and establishing a rigorous way forward," Post-Print hal-04514340, HAL.
    2. Arregle, Jean-Luc & Calabrò, Andrea & Hitt, Michael A. & Kano, Liena & Schwens, Christian, 2024. "Family business and international business: Breaking silos and establishing a rigorous way forward," Journal of World Business, Elsevier, vol. 59(3).

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