Internationalization and governance of Indian family-owned business groups
Journal of Family Business Management
ISSN: 2043-6238
Article publication date: 6 November 2019
Issue publication date: 4 February 2020
Abstract
Purpose
The purpose of this paper is to study the relationship between corporate governance practices and internationalization through foreign direct investments in the context of family-owned business groups in India.
Design/methodology/approach
The comparative case study method is used to understand the relationship between corporate governance practices and internationalization using four family-owned business groups in India.
Findings
The ownership concentration negatively influences the internationalization, while transparency has a positive association. Professionalization of management helps in internationalization. Overall, good corporate governance practices have a positive influence on group internationalization.
Research limitations/implications
This paper provides detailed discussions based on the case study research which would help the future research work on the relationship between corporate governance practices and internationalization.
Originality/value
The existing literature studies in this field in the context of emerging markets are inconclusive. Hence, this paper uses the case study method to understand the relationship better.
Keywords
Citation
Shanmugasundaram, S. (2020), "Internationalization and governance of Indian family-owned business groups", Journal of Family Business Management, Vol. 10 No. 1, pp. 76-94. https://doi.org/10.1108/JFBM-06-2019-0040
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited