起源问题:国有企业私有化与家族企业国际化

IF 1 4区 经济学 Q3 ECONOMICS
Hao Ding
{"title":"起源问题:国有企业私有化与家族企业国际化","authors":"Hao Ding","doi":"10.1111/ecot.12417","DOIUrl":null,"url":null,"abstract":"<p>The impact of a firm's origins on its strategic decision-making has attracted scholarly attention in recent years. Focusing on firms' origins, this paper explores the relationship between the privatization of state-owned enterprises (SOEs) and family business internationalization. Based on data from listed family businesses in China from 2003 to 2022, we find that compared to entrepreneurial family businesses, restructured family businesses have a lower internationalization degree. Moreover, high trade policy uncertainty strengthens the negative relationship between the privatization of SOEs and family business internationalization, while high family involvement plays a weakening role. Several robustness tests later, the findings remain valid. This study introduces the firm's origin as a vital determinant, which may contribute to the prior studies on family business internationalization. Besides, this paper complements research on the economic consequences of the privatization of SOEs in China. Finally, this paper may help Chinese family businesses actively participate in the international cycle to achieve competitive advantage and high-quality development.</p>","PeriodicalId":40265,"journal":{"name":"Economics of Transition and Institutional Change","volume":"33 1","pages":"3-27"},"PeriodicalIF":1.0000,"publicationDate":"2024-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Origin matters: Privatization of state-owned enterprises and family business internationalization\",\"authors\":\"Hao Ding\",\"doi\":\"10.1111/ecot.12417\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>The impact of a firm's origins on its strategic decision-making has attracted scholarly attention in recent years. Focusing on firms' origins, this paper explores the relationship between the privatization of state-owned enterprises (SOEs) and family business internationalization. Based on data from listed family businesses in China from 2003 to 2022, we find that compared to entrepreneurial family businesses, restructured family businesses have a lower internationalization degree. Moreover, high trade policy uncertainty strengthens the negative relationship between the privatization of SOEs and family business internationalization, while high family involvement plays a weakening role. Several robustness tests later, the findings remain valid. This study introduces the firm's origin as a vital determinant, which may contribute to the prior studies on family business internationalization. Besides, this paper complements research on the economic consequences of the privatization of SOEs in China. Finally, this paper may help Chinese family businesses actively participate in the international cycle to achieve competitive advantage and high-quality development.</p>\",\"PeriodicalId\":40265,\"journal\":{\"name\":\"Economics of Transition and Institutional Change\",\"volume\":\"33 1\",\"pages\":\"3-27\"},\"PeriodicalIF\":1.0000,\"publicationDate\":\"2024-05-17\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Economics of Transition and Institutional Change\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1111/ecot.12417\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics of Transition and Institutional Change","FirstCategoryId":"96","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1111/ecot.12417","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0

摘要

近年来,企业起源对其战略决策的影响引起了学者们的关注。本文以企业起源为中心,探讨了国有企业私有化与家族企业国际化之间的关系。基于 2003 年至 2022 年中国上市家族企业的数据,我们发现与创业型家族企业相比,改制型家族企业的国际化程度较低。此外,贸易政策的高度不确定性加强了国有企业私有化与家族企业国际化之间的负相关关系,而家族的高度参与则起到了削弱作用。经过多次稳健性检验,研究结果依然有效。本研究将企业起源作为一个重要的决定因素,这可能会对之前关于家族企业国际化的研究有所贡献。此外,本文也是对中国国有企业私有化经济后果研究的补充。最后,本文有助于中国家族企业积极参与国际循环,实现竞争优势和高质量发展。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Origin matters: Privatization of state-owned enterprises and family business internationalization

The impact of a firm's origins on its strategic decision-making has attracted scholarly attention in recent years. Focusing on firms' origins, this paper explores the relationship between the privatization of state-owned enterprises (SOEs) and family business internationalization. Based on data from listed family businesses in China from 2003 to 2022, we find that compared to entrepreneurial family businesses, restructured family businesses have a lower internationalization degree. Moreover, high trade policy uncertainty strengthens the negative relationship between the privatization of SOEs and family business internationalization, while high family involvement plays a weakening role. Several robustness tests later, the findings remain valid. This study introduces the firm's origin as a vital determinant, which may contribute to the prior studies on family business internationalization. Besides, this paper complements research on the economic consequences of the privatization of SOEs in China. Finally, this paper may help Chinese family businesses actively participate in the international cycle to achieve competitive advantage and high-quality development.

求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
CiteScore
1.70
自引率
11.10%
发文量
32
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信