Management Dynamics and Global Strategy in Family Enterprise Strategy
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 07
Abstract
The aim of this research is to emphasize how crucial it is for family companies to grow internationally. Despite the large amount of research that has been done in this field, there are still problems and chances for more study. This study includes six publications that use a variety of approaches, including qualitative case studies, fsQCA, and quantitative analysis of secondary data, to investigate the internationalization of family companies. The study examines the function of the board of directors in global strategy, the dynamics within the top management team between family owners and managers and non-family managers, the impact of financial resources and governance on internationalization strategy, and the influence of historical and contextual factors on internationalization choices. This study offers models and insights into how family firms adapt to shifting institutional and market conditions. and strategies to strengthen their global expansion efforts. The authors recommend conducting comparative studies between family and non-family businesses to identify their respective strengths and weaknesses in the context of internationalization.
Authors and Affiliations
Daniel Lukito
Keywords
Related Articles
- EP ID EP739740
- DOI 10.47191/jefms/v7-i7-02
- Views 56
- Downloads 1
Moderating Role of Institutional Quality on Public Debt Sustainability in Kenya
The focus of institutional economics is on the crucial part that institutions play in a nation’s economic performance. With a focus on transaction costs as a crucial element of economic activity, it offers a framework fo...
The Effect of Regional Taxes and Regional Retribution on Regional Expenditures with Regional Origional Revenues as Intervening Variabels in Indonesia in 2017-2022
This study aims to provide empirical evidence and test and determine the effect of Regional Taxes and Regional Levies on Regional Expenditure with Regional Original Revenue as an intervening variable in all provinces in...
Globalisation and Insurance Sector Penetration: Macro Evidence from Nigeria
The impact of globalisation on the penetration of the insurance industry in Nigeria from 1987 to 2021 was investigated in this study using the distributed lag long-run estimating technique. The results from the use of KO...
Analysis of the Impact of the Construction of the Lombok International Airport-Mandalika Bypass Road on the Economy Around the Mandalika Area
The construction of the Lombok International Airport-Mandalika Bypass Road is one of the regional development projects expected to have a significant impact on the economy in the Mandalika area and its surroundings. This...
Cultural Values as Business Strategy in Product Marketing: A Study of Select Indian Toothpaste and Body Soap Brands
The consumers in the Indian society are vastly influenced by religion, societal values, belief system, and rootedness in the core tradition. These core values are strongly embedded in their sub conscious mind and sub-cul...