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Family Multinationals - Entrepreneurship, Governance, and Pathways to Internationalization (Paperback)
Loot Price: R1,690
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Family Multinationals - Entrepreneurship, Governance, and Pathways to Internationalization (Paperback)
Series: Routledge International Studies in Business History
Expected to ship within 12 - 17 working days
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In contrast to widespread assessments that family enterprises lack
sufficient resources and capabilities to go global, many family
companies are competing successfully in an increasingly globalized
business environment. Worldwide, a large number of thriving
multinationals are still family-owned and/or under family control.
While there is abundant literature on the phenomenon of
globalization from many different disciplines, neither the
literature on multinationals nor the growing field of family
business studies have systematically investigated family
multinationals yet. This volume is one of the first to deal
explicitly with family multinationals and the role of the family in
internationalization. It situates itself at the crossroads of
internationalization studies on the one hand and family business
research on the other. Why do families continue to play such a
large role in some of the most prominent firms in emerging and
mature economies? How did they manage to maintain ownership
control, yet divest of unrelated business ventures? How did they
internationalize yet maintain control? This book identifies the
idiosyncratic strategies and structures of family multinationals in
different countries and at different points in time. A comparative
historical and case study approach allows us to explore the role of
the family through the firms' various internationalization pathways
and understand long-term developments and path dependencies.
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