Family ownership and internationalization processes: Internationalization pace, internationalization scope, and internationalization rhythm

This paper examines the effects of the family ownership with respect to the processes of firm internationalization: internationalization pace, internationalization scope, and internationalization rhythm. Using longitudinal data (2000-2008) from 772 publicly listed firms in Taiwan, I find that firms opted for a (1) rapid pace, (2) a narrow scope, and (3) an irregular rhythm of internationalization when they were high level of the family ownership. These findings highlight that the family ownership has the significant influences on a firm's internationalization processes. This research enriches the research that links family ownership and international business. The implications of these findings for future research are discussed.