Chairpersons’ hubris and internationalization: evidence from emerging market’s family business groups
ISSN: 1525-383X
Article publication date: 17 August 2021
Issue publication date: 22 June 2022
Abstract
Purpose
This paper aims to explore the association between chairperson hubris and the internationalization of firms belonging to business groups in an emerging market, India, under the boundary conditions of business group internationalization and the tenure of independent board members.
Design/methodology/approach
Archival data of 163 Indian family firms over a five-year period were used.
Findings
The study highlights the significance of chairperson hubris in determining the internationalization of family firms in India and the influence that business group internationalization and the tenure of independent board members have on the chairperson hubris and firm internationalization relationships.
Originality/value
Although literature exists on drivers of internationalization, micro-foundations theories such as chairperson hubris have been less explored in the international business literature, especially in the context of emerging markets.
Contribution to Impact
Keywords
Acknowledgements
Authors would like to express their thanks to the Associate Editor Andre Sammartino and the anonymous reviewers for their excellent insights and comments that tremendously helped us to improve the paper.
Funding: The research was funded by Internal grants of Newcastle University Business School.
Citation
Agnihotri, A. and Bhattacharya, S. (2022), "Chairpersons’ hubris and internationalization: evidence from emerging market’s family business groups", Multinational Business Review, Vol. 30 No. 2, pp. 217-236. https://doi.org/10.1108/MBR-10-2020-0196
Publisher
:Emerald Publishing Limited
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