Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/97201 
Year of Publication: 
2013
Series/Report no.: 
Schumpeter Discussion Papers No. 2013-004
Publisher: 
University of Wuppertal, Schumpeter School of Business and Economics, Wuppertal
Abstract: 
For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target regions. Overall, family firms invest more than managerial-led firms, particularly in Europe and North America. Furthermore the BRIC countries Brazil, Russia, India and China do not constitute a homogenous attractiveness cluster for FDI.
Subjects: 
Foreign direct investment
family firms
BRIC
JEL: 
D21
F23
L22
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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