Die Internationalisierung von kleinen und mittleren Unternehmen (KMU) ist für die Unternehmenspraxis von hoher Bedeutung. Die vorliegende Arbeit beschäftigt sich damit, inwiefern Charakteristika des Chief Executive Officers (CEO) Einfluss auf die Markteintrittsformwahl von KMU nehmen. Die...

This study analyzes the effects of regional- and firm-level factors on the intellectual property (IP) output (i.e., patents and trademarks) of high-tech firms. So far, little is known on how regional factors influence the IP output of high-tech firms. We combine data on 8,317 German high-tech...

This study presents the results of a comprehensive meta-analysis on the financial performance of family firms. Drawing on a sample of 380 studies, we find that family firms show economically weak, albeit statistically significant, superior performance compared to non-family firms. Furthermore,...

This paper investigates the tax and agency explanations of corporate payout policy by investigating the likelihood, the level and the method of payout in founder and family firms. Controlling founders and families are both subject to the tax disadvantage of dividends arising from their...

Prior research has shown that family firms differ from non-family firms with regard to aggregate measures of corporate social responsibility (CSR). We argue that CSR is a multidimensional concept that comprises several aspects, which range from employee relations to ecological concerns and...

This study presents the results of a meta-analysis of the financial performance of family firms. Drawing on a sample of 380 studies, we find that family firms show an economically weak, albeit statistically significant, superior performance compared to non-family firms. Furthermore, we find...

The financial performance of family firms has been widely studied in the literature. Combining the results of 172 primary studies from 38 countries with data about business cycles, we investigated how family firm performance changes over the business cycle. Using meta-analytic estimation...