Abstract:Based on social emotional wealth theory, this research explores the impact of female business owners on OFDI of family firms, suggesting that female business owners’ outstanding performance in OFDI is due to their full utilization of family and firm resources. Results of empirical analysis using panel data from family firms listed in Shanghai and Shenzhen stock exchanges from 2009 to 2019 shows that:the degree of OFDI is greater when the family firm’s owner is female. The positive relationship between female family business owners and firm OFDI is positively moderated by family financial resources, the proportion of directors who had overseas experience and the proportion of females directors.
肖宵,李青,但筱宁,蔡东凝. 女性企业主对家族企业对外直接投资的影响研究[J]. 管理学报, 2023, 20(10): 1448-.
XIAO Xiao, LI Qing,DAN Xiaoning,CAI Dongning1. Research on the Impact of Female Business Owners on OFDI in Family Firms. Chinese Journal of Management, 2023, 20(10): 1448-.