This paper investigates how family ownership, control and management affect firm investment performance. We use the identity of the CEO and the COB to establish under what management the firm is: founder, descendent or external management. The analysis shows that founder management has no effect...

The trajectories of internationalisation followed by family firms can be viewed from several theoretical approaches - phases of the internationalisation process; international entrepreneurship, sociological perspective, family business theory. An historical perspective of the internationalised...