Andrea Calabrò

Andrea Calabrò
IPAG Business School | IPAG · Nice Campus

Professor

About

137
Publications
69,422
Reads
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4,060
Citations
Introduction
He co-founded the Family Business Research Strategic Interest Group (FBR SIG) at the European Academy of Management (EURAM) and is co-founder and organizer of the International Family Business Research Forum (IFBRF). Since 2014 he serves as Associate Editor of Journal of Family Business Strategy. He has published journal articles on family firms, internationalization, and corporate governance in leading international peer-reviewed journals.

Publications

Publications (137)
Article
Full-text available
Building upon social capital theory, this study investigates to what extent board openness to non-family directors affects family firm internationalization. We suggest that board compositions relate to different levels of bonding (internal) and bridging (external) social capital, which affect firm internationalization. In particular, we hypothesize...
Article
When examining family firms' strategic decision-making processes, it is important to consider the role of non-financial goals and the preservation of socioemotional wealth (SEW). This study contributes to this discussion by integrating arguments from the SEW framework into the Uppsala internationalization model to investigate the importance of fami...
Article
Contractor (J Int Bus Stud, 2022 ) argues that the COVID-19 pandemic has only accelerated changes in the world economy that had already started, and that the fundamental rationale for globalization remains. Although we agree with much of Contractor's analysis and conclusions, we argue that in the case of large family-owned multinational enterprises...
Article
Full-text available
This study examines the relationship between the board of directors and cash holdings before and during the global financial crisis. We focus on the main demographic characteristics of the board: CEO duality, independent directors, and board size. Employing a sample of listed Italian industrial firms over the period 2003-2013, our empirical finding...
Article
Full-text available
In family business, transgenerational entrepreneurship is an essential component for successful succession that tends to decline over generations. Research gaps still exist, however, on the process through which it is transmitted to the next generation. Drawing on an identity theoretical rationale, we explore the facilitating conditions that allow...
Article
Full-text available
We explore the gendered impact of risk aversion and country-level culture on nascent student entrepreneurs’ progress in the venturing process. Combining country-level cultural normative variables from the 2004 Global Leadership and Organizational Behavior Effectiveness (GLOBE) survey with data from the 2013/2014 Global University Entrepreneurial St...
Article
Full-text available
By conducting a case study on eight large family firms, the aim of this article is to identify push and pull factors motivating family firms to internationalize and how they relate to decision-makers’ risk taking. We identified different types of internationalizing family firms. While some are pushed towards international markets by competition and...
Article
Based on the socioemotional wealth approach and a sample of 3,904 subsidiary ownership choices made by 586 family firms, this study shows that family-managed firms (i.e., those family firms with a family member in a leadership position) prefer wholly owned subsidies over joint ventures when entering foreign markets. Family-managed firms are also mo...
Article
Stemming from the ongoing and growing debate about the individualities of family firms and their internationalization behavior, this article aims to explore how family-owned firms can also achieve a high performance in markets at a greater distance, like the Arab World, which is still one of the fastest-growing economies globally. Using data on 128...
Article
Full-text available
The succession process can be a traumatic event in the life cycle of a family firm and is usually characterised by an increased interest towards the firm of the successor accompanied by a progressive disengagement of the predecessor. Drawing on five longitudinal case studies of Tunisian family firms examined from 2016 to 2019, we investigated the s...
Article
The aim of this paper is to investigate whether family-centred goals impact on family firms’ export performance and to determine the extent to which the geographic focus (regional versus global) of the firm’s strategy changes this relationship. Our hypotheses are tested on a sample of 195 medium to large family firms. The main findings show that, w...
Article
Against the backdrop of the current Covid-19 pandemic and the related world economic crisis, we reflect on the role of the business family as a pivotal resource in family firm crisis management. We discuss how business families respond to the pandemic outbreak and how some accomplish to turn challenges into opportunities and manage to emerge from t...
Article
Full-text available
Drawing on the resource-based view of the firm, this study investigates the relationship between human capital (employees’ experience, knowledge and technical skills, managerial talent) and innovativeness (propensity to innovate) in a sample of 478 family firms taken from a cross-country dataset (STEP Project). Furthermore, we consider the moderati...
Article
This study aims to investigate the impact of family ownership on the investment-cash flow sensitivity relationship. Our main hypotheses are tested through fixed effects regression analysis on panel data of French, German, and Italian listed firms over the 2007-2015 timeframe. The main findings suggest that family ownership is more likely to reduce...
Article
Full-text available
Integrating new institutional economics and resource dependence theory, this study investigates whether in transition economies, characterized by shifting from centrally commanded to more market-oriented economies, there are performance differences among family firms (FFs), nonfamily firms (non-FFs), and former state-owned enterprises (former SOEs)...
Technical Report
Full-text available
The STEP Project Global Consortium and KPMG Private Enterprise are pleased to have the opportunity to share the insights gathered from more than 1,800 family business leaders in every major region of the world. The STEP 2019 Global Family Business Survey examined the impact of changing demographics on the future of family businesses and was followe...
Technical Report
Full-text available
The STEP Project Global Consortium and KPMG Private Enterprise are pleased to have the opportunity to share the insights gathered from more than 1,800 family business leaders in every major region of the world. The STEP 2019 Global Family Business Survey examined the impact of changing demographics on the future of family businesses and was followe...
Article
Research has shown that entrepreneurial orientation (EO) is positively associated with performance, but several context-specific features and contingencies affect this relationship. Accordingly, this article focuses on the specific context of family firms (FFs) and introduces top management team (TMT) faultlines as moderators. The main findings, ob...
Technical Report
Full-text available
Through a strategic alliance between the STEP Project Global Consortium and KPMG Private Enterprise, we are privileged to have this opportunity to share with you the trends that we see affecting the practices of business families around the world and what a model for the future might look like in the new reality we are now confronting.More than 1,8...
Technical Report
Full-text available
The STEP Project Global Consortium and KPMG Private Enterprise are pleased to have the opportunity to share the insights gathered from more than 1,800 family business leaders in every major region of the world. The STEP 2019 Global Family Business Survey examined the impact of changing demographics on the future of family businesses and was followe...
Article
Full-text available
In enterprising families, the family, as a social institution, is the foundation of the family business. However, in enterprising families, intergenerational succession remains problematic. Using intergenerational solidarity theory, and data from the 2013 Global University Entrepreneurial Spirit Students Survey (GUESSS; N = 18,576), our findings in...
Article
The strategic choices of family firms are influenced by economic and noneconomic reference points. We contend that the preservation of the affect-related values a family derives from its ownership position in a firm (that is, socioemotional wealth [SEW]) affects financial reporting quality and earnings management strategies. Using the voluntary Int...
Article
Purpose Challenging the static view of family business governance, we propose a model of owner–manager relationships derived from the configurational analysis of managerial behavior and change in governance structure. Design/methodology/approach Stemming from social exchange theory and building on the 4C model proposed by Miller and Le Breton-Mill...
Article
Full-text available
This article draws upon institutional theory to investigate whether and to what extent informal institutions (masculinity, power distance, individualism, and indulgence) affect the relationship between formal institutions (the public expenditure on childcare and the length of parental leave) and the likelihood that women will become entrepreneurs....
Article
While boards of directors play a critical role in the formulation of strategic actions of family firms, up-to-date research examining the antecedents of boards’ influence on strategic decisions remains limited. This study examines whether and how boards’ task conflict impacts boards’ control and advisory tasks, as well as to what extent these relat...
Article
Stemming from familiness and the notion of nonimitable strategic resources, we investigate, in the presuccession phase, the role of acquisition and accumulation of family strategic resources, along with the way family involvement in the top management team affects resource mobilization and deployment, in determining the intention to choose either a...
Article
Through an exploratory study of three long-standing German family firms, we propose a theoretical framework to study family firm longevity. Whereas research so far has mainly focused on the firm’s level of analysis, this study aims to elucidate the role of the business family learning in the longevity of these long-standing family firms. Moreover,...
Article
Purpose The aim of this study is to advance knowledge on family firms' entry mode choices by examining the linkage between target market context, especially in the emerging economies of China and India, and the dominant family firm logic of keeping ownership and control in the family. Design/methodology/approach We use an exploratory multiple case...
Technical Report
Full-text available
With people living longer, increasing demographic and societal changes, family businesses in different parts of the world are exposed to new challenges that make traditional methods of succession and governance no longer appropriate. Looking at the demographic cohorts of global family business leaders helps shed light on differences in generational...
Conference Paper
By harnessing a unique dataset on goal setting in 456 firms with different levels of family involvement, this study demonstrates a non-linear relationship between family involvement and stakeholder-oriented goal pursuit. According to our analyses, a pivotal antecedent of this link is the pursuit of goals associated with sovereignty (i.e. indivisibl...
Article
Full-text available
The inherent heterogeneity characterizing the universe of family firms, especially because of the existence of different family ownership “constellations,” might explain the highly inconsistent results of the effect of family ownership on internationalization outcomes. Stemming from a principal-principal perspective, the aim of this study is to und...
Article
The aim of this article is to assess the current state of research on open innovation in SMEs to understand why and how SMEs do open innovation. Stemming from a systematic literature review of 73 articles published in peer-reviewed journals, from 1983 to 2017, we identify five main research focuses on open innovation in SMEs. Directions for future...
Article
Drawing on faultlines and challenging the assumption that family board members form a homogenous subgroup, we hypothesize that the distinction between executive and non-executive family board members can create faultlines that affect firm performance. Additionally, integrating faultlines with behavioral agency model we propose that the discrepancy...
Article
Whether and to what extent socioemotional wealth (SEW) influences family firm internationalization is currently a highly debated topic in family business research. We add the network approach to the debate and, specifically, investigate whether business networks affect family firm internationalization. We also examine how international entrepreneur...
Article
Empirical studies examining firm performance following CEO succession in family firms predominantly document inferior performance of family successors. This evidence is at odds with general theoretical literature that attests a positive effect of family involvement inside the firm. To explore this enigma, we theoretically and empirically disentangl...
Article
Full-text available
Institutions play an important role in women’s and men’s entrepreneurial behaviors. This article provides a systematic review of institutions and women’s entrepreneurship literature through an institutional lens, with a particular focus on informal and formal institutions. The article sets out to explore institutions for women’s entrepreneurship, i...
Article
This article draws upon a new framework, proposing that family firm financial performance does not depend on single distinctive antecedents, but rather on the combination (configurations) of multiple entrepreneurial, governance- and family-related factors (innovativeness, proactiveness, risk-taking, transfer intentions and family involvement). Draw...
Conference Paper
Empirical studies examining firm performance following CEO succession in family firms frequently and consentaneously document inferior performance of family successors. This evidence is at odds with general theoretical literature that attests a positive effect of family influence inside the firm. To explore this enigma, this research disentangles t...
Article
By focusing on family owners’ perceptions and dynamics the aim of this paper is to understand the specific goals associated to their ownership status and whether and to what extend they impact on family firms’ growth and continuity. We use survey data on Finnish family firms and identify a set of differentiated family owners’ goals. Our findings co...
Article
Purpose: Although prior research has indicated that ownership characteristics of a firm can influence how organizations are perceived, there is a gap in our understanding of the general associations that individuals have with the term “family firm”. Some argue that promoting a firm as family-owned can result in positive evaluations by stakeholders;...
Article
The concept of transgenerational entrepreneurship postulates that the success of family firms across generations relies on three main dimensions—firm entrepreneurial orientation, familiness, and cultural contexts—which affect their financial, market, and social performance. The aim of this article is to empirically test the concept of transgenerati...
Article
Full-text available
Healthcare systems have changed rapidly in the past few decades due to increasing healthcare costs and decreasing governmental budgets. The structural complexity, huge numbers of actors and long-term relationships inherent to PPPs bring out several governance issues. Based on the principles of good governance for PPPs published by the United Nation...
Article
International sourcing decisions have received increased attention by scholars and policymakers recently as they are important predictors of firms' international competitiveness. Building on the theoretical perspective of socioemotional wealth, we introduce the distinction between family and non-family firms as an overlooked variable able to explai...
Article
The interest in family business as a distinct academic research field has grown significantly in recent years, mostly motivated by the prevalence of family businesses worldwide and an increasing number of people and institutions acknowledging their importance and recognizing the need to gain a deeper understanding of this particular type of organiz...
Article
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Although the corporate governance model of Asian family firms has recently gained increased attention, it remains unclear how these firms’ corporate governance mechanisms (and their effectiveness) differ from those of family firms in the western world. Drawing upon a comparative institutional perspective, this paper systematically reviews 148 publi...
Article
This paper aims to analyze the relationships between women directors (a demographic characteristic) and organizational innovation (a predictor of firm performance) by considering the mediating role of the board's decision-making culture. To scrutinize board processes and behaviors, we use survey data to test our hypotheses on a sample of 341 Norweg...
Chapter
This chapter uses an international opportunity identification-based approach to understand specific foreign market entry mode choices of family firms. We employ an exploratory case study design based on ten German family firms’ entry mode choices for China and India. Our main findings suggest that for first-time entries, the type of international o...
Article
Building on a unique dataset with information on the nuclear structure of entrepreneurial families, we integrate leadership succession into a socioemotional wealth (SEW) logic to test the antecedents and consequences of primogeniture vis-à-vis second- or subsequent-born selection in family firm succession. Our findings suggest that appointing a fam...
Article
Purpose The purpose of this paper is to examine how information-processing mechanisms between nominating committees (NCs), incumbent executives, board chairs, and shareholders affect the comprehensiveness of executive succession processes. Design/methodology/approach The authors employ an explanatory multiple-case study that comprises eight CEO an...
Article
Purpose Drawing on the principal-principal conflict and identity literatures, the purpose of this paper is to investigate the Agency Problem Type II-bis in the context of family business. Specifically, the authors hypothesize that the size of the family owner group is related to firm growth and that this relationship is moderated by the extent to w...
Technical Report
Full-text available
The Chinese and Indian markets are the largest in Asia and, in recent years, have shown tremendous growth rates despite economic turbulences. German family firms have leveraged these trends to internationalize to those countries and been able to achieve stable growth rates in revenues in the face of the stagnating Western economy. The study at hand...
Article
Full-text available
The aim of our study is to understand whether different incumbent attitudes towards desirable successor attributes have an impact on their intention to nominate a family member or a non-family member as CEO and the extent to which this intention is moderated by the number of family members working in the firm as a proxy of socioemotional wealth pre...
Article
Stemming from resource dependence theory this article investigates the mediating role of international entrepreneurial orientation on the relationship between the involvement of non-family members in the firms' governance structure and both pace of internationalization and international performance of family firms. Relying on a sample of 113 German...
Article
Full-text available
The aim of this article is to shed new light on the antecedent of board composition in family firms. By integrating socioemotional wealth and stewardship theory, we hypothesize that family-oriented objectives not only affect the traditional dichotomous classification (family vs. non-family board members) but also the inner composition among family...
Article
The aim of this article is to shed new light on the antecedent of board composition in family firms. By integrating socioemotional wealth and stewardship theory, we hypothesise that family-oriented objectives not only affect the traditional dichotomous classification (family vs. non-family board members) but also the inner composition among family...
Article
This study examines how behavioral processes among nominating committees, CEOs, and board chairs affect the comprehensiveness of non-executive director selection planning and evaluation. Building on a theory-building multiple-case study, our findings indicate that comprehensiveness is based on three key factors: (1) task-related mutual and collecti...