International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics

The objective of this research is to analyze the influence on international entrepreneurship of both Chief Executive Officers (CEOs) and board of directors’ traits. It takes into account 52 listed family firms in Mexico (2001-2015), an emerging market where ownership concentration is particularly hi...

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Main Authors: Karen Watkins-Fassler, Lázaro Rodríguez-Ariza
Format: Article
Language:Spanish
Published: Universidad ICESI 2019-12-01
Series:Estudios Gerenciales
Subjects:
Online Access:https://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3166
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author Karen Watkins-Fassler
Lázaro Rodríguez-Ariza
author_facet Karen Watkins-Fassler
Lázaro Rodríguez-Ariza
author_sort Karen Watkins-Fassler
collection DOAJ
description The objective of this research is to analyze the influence on international entrepreneurship of both Chief Executive Officers (CEOs) and board of directors’ traits. It takes into account 52 listed family firms in Mexico (2001-2015), an emerging market where ownership concentration is particularly high. Results obtained from a binary probit model show that family involvement reduces the odds of pursuing foreign endeavors. However, when the CEO has a business administration academic background, the probability of having subsidiaries or branches abroad rises considerably. Finally, there is evidence that the presence of women on boards reduces the odds of international entrepreneurship
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spelling doaj.art-10ea90e965bd4655a2284f06c8997c642022-12-21T18:18:38ZspaUniversidad ICESIEstudios Gerenciales0123-59230123-59232019-12-0135153361369https://doi.org/10.18046/j.estger.2019.153.3166International entrepreneurship and Mexican listed family firms’ CEO/Board characteristicsKaren Watkins-Fassler0Lázaro Rodríguez-Ariza1Profesora, Facultad de Empresa y Comunicación, Universidad Internacional de La Rioja (UNIR), Logroño, EspañaDirector Cátedra Santander de Empresa Familiar, Departamento de Organización de Empresas, Universidad de Granada, Granada, EspañaThe objective of this research is to analyze the influence on international entrepreneurship of both Chief Executive Officers (CEOs) and board of directors’ traits. It takes into account 52 listed family firms in Mexico (2001-2015), an emerging market where ownership concentration is particularly high. Results obtained from a binary probit model show that family involvement reduces the odds of pursuing foreign endeavors. However, when the CEO has a business administration academic background, the probability of having subsidiaries or branches abroad rises considerably. Finally, there is evidence that the presence of women on boards reduces the odds of international entrepreneurshiphttps://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3166quantitative analysisinternational entrepreneurshipfamily firmmexico
spellingShingle Karen Watkins-Fassler
Lázaro Rodríguez-Ariza
International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics
Estudios Gerenciales
quantitative analysis
international entrepreneurship
family firm
mexico
title International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics
title_full International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics
title_fullStr International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics
title_full_unstemmed International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics
title_short International entrepreneurship and Mexican listed family firms’ CEO/Board characteristics
title_sort international entrepreneurship and mexican listed family firms ceo board characteristics
topic quantitative analysis
international entrepreneurship
family firm
mexico
url https://www.icesi.edu.co/revistas/index.php/estudios_gerenciales/article/view/3166
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