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Academic Journal of Business & Management, 2023, 5(3); doi: 10.25236/AJBM.2023.050325.

Intergenerational inheritance and international performance of international family firms

Author(s)

Chengming Chen

Corresponding Author:
Chengming Chen
Affiliation(s)

School of Economics and Management, Guangxi Normal University, Guilin, 541006, China

Abstract

The relationship between intergenerational inheritance and performance of international family firms is an emerging and important research topic. According to the economic and institutional environment of the destination of intergenerational transmission, we divide intergenerational transmission into expansion to emerging economies and expansion to developed economies. On this basis, according to the advantage utilization and exploration logic of enterprise internationalization, the expansion to emerging economies or developed economies will bring outstanding international performance to international family enterprises, but the rapid expansion to developed economies will bring better international performance to these enterprises. Based on the framework of resource choreography, resource synchronization will help these enterprises to achieve superior international performance from intergenerational inheritance, but it will help family enterprises expanding into developed economies to achieve better international performance.

Keywords

international family firms; international performance; intergenerational inheritance; Resource Synchronization

Cite This Paper

Chengming Chen. Intergenerational inheritance and international performance of international family firms. Academic Journal of Business & Management (2023) Vol. 5, Issue 3: 164-168. https://doi.org/10.25236/AJBM.2023.050325.

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