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Exploring the moderation effects of family business status on the relationships between CEO's characteristics and SME internationalisation: evidence from Bulgaria

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  • Desislava I. Yordanova

Abstract

This study explores the moderating effects of the family business status on the relationships between the chief executive officer's characteristics and internationalisation in a sample of Bulgarian SMEs. Drawing upon the upper echelons theory and the resource-based view, the paper proposes a conceptual model and hypotheses positing that the effects of the chief executive officer's attributes on internationalisation may differ significantly between family and non-family SMEs. The empirical findings reveal the presence of diverging antecedents of internationalisation between family and non-family SMEs supporting the view that it is important to research family SMEs as distinctive research objects. The paper provides a discussion of practical implications and recommendations for future research.

Suggested Citation

  • Desislava I. Yordanova, 2017. "Exploring the moderation effects of family business status on the relationships between CEO's characteristics and SME internationalisation: evidence from Bulgaria," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 13(2/3), pages 314-337.
    • Handle: RePEc:ids:wremsd:v:13:y:2017:i:2/3:p:314-337
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