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Start Over Author "Forlani, Emanuele" Topic family firms
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3. Bifurcation bias and exporting: Can foreign work experience be an answer? Insight from European family SMEs

Author

Alfredo D'Angelo, Antonio Majocchi, Trevor Buck, Emanuele Forlani, Majocchi, Antonio, D'Angelo, Alfredo, Forlani, Emanuele, and Buck, Trevor

Subjects
Family firms, SMEs, Internationalization, Exporting, Bifurcation bias, Bifurcation bias, Exporting, Family firms, Internationalization, SMEs, Business and International Management, Finance, Marketing, Sample (statistics), Bifurcation bia, 0502 economics and business, Settore SECS-P/08 - ECONOMIA E GESTIONE DELLE IMPRESE, Business and International Management, health care economics and organizations, Bifurcation, Marketing, SME, 05 social sciences, Family firm, Work experience, Test (assessment), 050211 marketing, Demographic economics, Business, 050203 business & management, Finance
Abstract

We develop hypotheses from a “bifurcation bias” approach involving the asymmetric treatment of family and nonfamily assets, and we test them on a sample of 6893 European family SMEs. Our findings reveal two asymmetries relating to actions designed to reduce bifurcation bias. First, exporting is indeed positively associated with the presence of outside owners and managers, and from the interaction between them. However, this interaction replaces any separate positive impact from outside ownership. Second, the international work experience of managers has a positive impact on exporting, but this experience seems relevant only in the case of firms with family-managers only.

Published
2018

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