2026-04-28T20:23:40Zhttps://riubu.ubu.es/oai/request

oai:riubu.ubu.es:10259/82912025-10-30T01:05:28Zcom_10259_7387com_10259_5086com_10259_2604col_10259_7419

Blanco Mazagatos, Virginia Delgado García, Juan Bautista Barrero Ahedo, Jesús P. 2024-01-11T09:19:01Z 2024-01-11T09:19:01Z 2024-02 2043-6238 http://hdl.handle.net/10259/8291 10.1108/JFBM-02-2022-0022 Purpose The study aims to analyze for the Spanish context the influence of the involvement of several generations in the firm's management on family firm internationalization. The authors also respond to the call in the literature to consider the influence of SEW on family firm internationalizations by analyzing the moderating effect of the importance family managers attach to each of the socioemotional wealth (SEW) dimensions – enrichment, continuity and prominence on the relationship between multiple generations involved in management and family firm internationalization. Design/methodology/approach The information was obtained by means of a questionnaire sent to the CEOs of family businesses. The authors’ sample consists of 147 Spanish family firms. Findings The authors find that the involvement of multiple generations in management is positively related to the internationalization of family firms. Furthermore, the importance that family CEOs attribute to the enrichment dimension of SEW reduces the intensity of the effect of the involvement of several generations in management on family firm internationalization. Originality/value The authors’ results, for the Spanish context, complement previous studies (Meneses et al., 2014) showing that the entry of new generations into the family business opens a window of opportunity for the internationalization of the family business. Furthermore, their study shows that the diverse family objectives by CEOs can have different, even conflicting effects on the internationalization decision. These results suggest that the enrichment dimension, which focuses on the short-term family goals may restrain the internationalization of the family business. However, continuity and prominence dimensions, which are related with long term family objectives and jointly enable the fulfillment of nonfamily stakeholders’ objectives, do not influence the internationalization of the family firms analyzed. This research was supported by Ministerio de Ciencia e Innovación research grant number PID2020-120288GB-I00. application/pdf eng Emerald Journal of Family Business Management. 2024, V. 14, n. 1, p. 153–170 https://doi.org/10.1108/JFBM-02-2022-0022 Atribución 4.0 Internacional http://creativecommons.org/licenses/by/4.0/ info:eu-repo/semantics/openAccess Family firms Involvement of multiple generations Internationalization SEW Continuity Enrichment Prominence Gestión de empresas Industrial management Involvement of multiple generations in management and internationalization of family firms in Spain: the moderating effect of SEW dimensions info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Journal of Family Business Management