Family firms that go global early outperform rivals, but only with outside managers

A new study finds that family-owned businesses that internationalize early gain competitive advantages — but only when they hire non-family managers to lead the charge. The finding has major implications for succession planning and talent recruitment in the millions of family firms that dominate economies worldwide.

Originaltitel: Early Internationalization in Family and Non-family Firms: Performance Implications and the Role of Non-family Managers