Abstract

To date, relatively few studies have empirically investigated the effects of family ownership (FO) and family involvement (FI) on internationalization (INT). Moreover, findings are inconsistent. This paper aims to solve these conflicts by proposing and investigating the presence of nonlinear relationships. Drawing on two opposite theoretical perspectives, i.e. stewardship and stagnation, we derived two hypotheses: a hypothesis on an inverted U-shaped relationship between FO and INT and a hypothesis on an inverted U-shaped relationship between FI and INT.

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