Family Firm Internationalization and Role of Contextual Resource Availability
Abstract/Description
The Current body of research has highlighted the importance of familiness in firm performance and internationalization but the specific firm-level conditions, and the role of contextual resources in the form of government support are largely unexplored. To address the gap, this study attempts to extend the conceptualization of the Resource-based view (RBV) at the industry level by proposing government support as an essential, rare, inimitable, and non-substitutable (VRIN) resource that grants competitive advantage to the industry. Using the sample of 100 family firms listed on the Pakistan Stock Exchange (PSX), findings reveal that contextual support, especially in the form of resource availability from government plays an important role in family firm internationalization. Furthermore, it was identified that firm performance, profit retention, and leverage are key boundary conditions for family involvement and internationalization in the absence of government support. The study has important theoretical and practical implications for future researchers, policymakers, and family firms.
Keywords
Family involvement, Internationalization, Resource-based view, Textile industry, Firm-level resources
Track
Management
Session Number/Theme
Management - Session II
Start Date/Time
13-6-2025 2:15 PM
End Date/Time
13-6-2025 3:55 PM
Location
MCS – 4 AMAN CED Building
Recommended Citation
Sohail, K., Tauseef, S., & Kundi, Y. (2025). Family Firm Internationalization and Role of Contextual Resource Availability. IBA SBS 4th International Conference 2025. Retrieved from https://ir.iba.edu.pk/sbsic/2025/program/36
COinS
Family Firm Internationalization and Role of Contextual Resource Availability
MCS – 4 AMAN CED Building
The Current body of research has highlighted the importance of familiness in firm performance and internationalization but the specific firm-level conditions, and the role of contextual resources in the form of government support are largely unexplored. To address the gap, this study attempts to extend the conceptualization of the Resource-based view (RBV) at the industry level by proposing government support as an essential, rare, inimitable, and non-substitutable (VRIN) resource that grants competitive advantage to the industry. Using the sample of 100 family firms listed on the Pakistan Stock Exchange (PSX), findings reveal that contextual support, especially in the form of resource availability from government plays an important role in family firm internationalization. Furthermore, it was identified that firm performance, profit retention, and leverage are key boundary conditions for family involvement and internationalization in the absence of government support. The study has important theoretical and practical implications for future researchers, policymakers, and family firms.
