Pub Date : 2021-06-17DOI: 10.24310/ejfbejfb.v11i1.12846
Paco Valera, Neus Feliu, Ivan Lansberg
We use the metaphor of biological DNA and its essential building blocks to describe generic and specific family business cultures and suggest that Spanish-speaking or "Latin" family businesses inherited four key cultural DNA building blocks—Trust, Loyalty, Authority and Justice—from historical Roman times. Like biological DNA, family businesses are forced to change when its environment changes. In this context, we discuss recent changes representing paradigm shifts to which family businesses relying on “Roman DNA” must adapt in order to be fit for the future. We draw upon our firm's 30 years of work consulting to Latin family businesses and present a wide range of supporting cases and stories.
{"title":"Fit for the Future? The Cultural DNA of Spanish and Latin American Family Businesses","authors":"Paco Valera, Neus Feliu, Ivan Lansberg","doi":"10.24310/ejfbejfb.v11i1.12846","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v11i1.12846","url":null,"abstract":"We use the metaphor of biological DNA and its essential building blocks to describe generic and specific family business cultures and suggest that Spanish-speaking or \"Latin\" family businesses inherited four key cultural DNA building blocks—Trust, Loyalty, Authority and Justice—from historical Roman times. Like biological DNA, family businesses are forced to change when its environment changes. In this context, we discuss recent changes representing paradigm shifts to which family businesses relying on “Roman DNA” must adapt in order to be fit for the future. We draw upon our firm's 30 years of work consulting to Latin family businesses and present a wide range of supporting cases and stories.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87894298","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-17DOI: 10.24310/ejfbejfb.v11i1.12768
Gibb Dyer
This article will describe the trends in the field of family business over the past forty years in terms of theory and practice. Topics such as succession, consulting with family businesses, the effectiveness of family firms, the role of socio-emotional wealth in family firms, heterogeneity in family businesses, and the impact of family capital on the business and the family will be discussed.
{"title":"My Forty Years in Studying and Helping Family Businesses","authors":"Gibb Dyer","doi":"10.24310/ejfbejfb.v11i1.12768","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v11i1.12768","url":null,"abstract":"This article will describe the trends in the field of family business over the past forty years in terms of theory and practice. Topics such as succession, consulting with family businesses, the effectiveness of family firms, the role of socio-emotional wealth in family firms, heterogeneity in family businesses, and the impact of family capital on the business and the family will be discussed.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77941295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-06-17DOI: 10.24310/ejfbejfb.v11i1.12626
C. Cruz, Rachida Justo, J. Roche
We develop a theoretical framework explaining why and how business owning families (BOF) engage in impact investing. Despite its exponential growth, the burgeoning field impact investing is still subject to competing interpretations and varying practices. Building on the framework proposed by Nason et al. (2019b), we argue that a BOF’s frame of reference (backward vs. forward looking and internally vs. externally oriented) constitutes a relevant heterogeneity that triggers a unique driver for engaging in impact investing and a distinct set of practices to do so.
{"title":"Engaging in a New Field: Business Owning Families’ Differential Approach to Impact Investing","authors":"C. Cruz, Rachida Justo, J. Roche","doi":"10.24310/ejfbejfb.v11i1.12626","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v11i1.12626","url":null,"abstract":"We develop a theoretical framework explaining why and how business owning families (BOF) engage in impact investing. Despite its exponential growth, the burgeoning field impact investing is still subject to competing interpretations and varying practices. Building on the framework proposed by Nason et al. (2019b), we argue that a BOF’s frame of reference (backward vs. forward looking and internally vs. externally oriented) constitutes a relevant heterogeneity that triggers a unique driver for engaging in impact investing and a distinct set of practices to do so.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73044180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-10DOI: 10.24310/ejfbejfb.v10i2.6811
S. Almadana-Abon, Jesús Molina-Gómez, Pere Mercadé-Melé, Jaime Delgado-Centeno
The purpose of this research study is to examine the importance of the total compensation model in family business as an essential element for human resources management, in line with the organisation’s strategic management, in order to optimise organisational behaviour. This is based on the useful and efficient use of different compensation tools and methods, taking into consideration both the differences and common aspects of family businesses with regard to other type of companies, as well as their size.
{"title":"El sistema de compensatión total en la empresa familiar como herramienta clave para su éxito","authors":"S. Almadana-Abon, Jesús Molina-Gómez, Pere Mercadé-Melé, Jaime Delgado-Centeno","doi":"10.24310/ejfbejfb.v10i2.6811","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i2.6811","url":null,"abstract":"The purpose of this research study is to examine the importance of the total compensation model in family business as an essential element for human resources management, in line with the organisation’s strategic management, in order to optimise organisational behaviour. This is based on the useful and efficient use of different compensation tools and methods, taking into consideration both the differences and common aspects of family businesses with regard to other type of companies, as well as their size.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73224417","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-10DOI: 10.24310/ejfbejfb.v10i2.10177
G. C. Briano-Turrent, Karen Watkins-Fassler, Martha L. Puente-Esparza
Based on the agency theory, this paper analyzes whether family firms pay more dividends compared to no-family firms and identifies whether the board composition affects the dividend policy. Brazil and Chile have established mandatory dividends, retain lower cash holdings, pay higher dividends compared with other markets in the region. The sample of study is composed by 853 observations from 49 Brazilian and 32 Chilean top publicly listed firms in terms of market capitalization over the 11-year period from 2004 to 2014. Using an unbalanced panel data, results indicate that family controlled firms distribute more dividends and board composition namely; board size and the proportion of women on the board have a significant and positive impact on the dividend policy of the firm. By contrast, COB-CEO duality has a negative effect. Thus, dividend policy constitutes an effective corporate governance mechanism in mitigating the family’ expropriation of minority shareholders’ wealth.
{"title":"The Effect of the Board Composition on Dividends: The Case of Brazilian and Chilean Family Firms","authors":"G. C. Briano-Turrent, Karen Watkins-Fassler, Martha L. Puente-Esparza","doi":"10.24310/ejfbejfb.v10i2.10177","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i2.10177","url":null,"abstract":"Based on the agency theory, this paper analyzes whether family firms pay more dividends compared to no-family firms and identifies whether the board composition affects the dividend policy. Brazil and Chile have established mandatory dividends, retain lower cash holdings, pay higher dividends compared with other markets in the region. The sample of study is composed by 853 observations from 49 Brazilian and 32 Chilean top publicly listed firms in terms of market capitalization over the 11-year period from 2004 to 2014. Using an unbalanced panel data, results indicate that family controlled firms distribute more dividends and board composition namely; board size and the proportion of women on the board have a significant and positive impact on the dividend policy of the firm. By contrast, COB-CEO duality has a negative effect. Thus, dividend policy constitutes an effective corporate governance mechanism in mitigating the family’ expropriation of minority shareholders’ wealth.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91446038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-10DOI: 10.24310/ejfbejfb.v10i2.10006
Jorge H. Mejía-Morelos, Luis-Felipe Cisneros-Martinez, C. Keen, Valeriano Sanchez‐Famoso
A better understanding of the relational antecedents of innovation in family firms is central to explaining their long-term success and survival. Our study proposes an original model that shows that the internal social capital of non-family members does not always foster innovation directly as existing theory suggests, but through their organizational commitment. These results differ across the different dimensions of organizational commitment. Therefore, our study challenges existing thinking on commitment studies by offering theoretical grounding and empirical evidence that neglected dimensions of commitment have a crucial intermediate role in the relationship between internal social capital and innovation in family firms.
{"title":"Relational antecedents of innovation in family firms: The complexity role of non-family employees' commitment","authors":"Jorge H. Mejía-Morelos, Luis-Felipe Cisneros-Martinez, C. Keen, Valeriano Sanchez‐Famoso","doi":"10.24310/ejfbejfb.v10i2.10006","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i2.10006","url":null,"abstract":"A better understanding of the relational antecedents of innovation in family firms is central to explaining their long-term success and survival. Our study proposes an original model that shows that the internal social capital of non-family members does not always foster innovation directly as existing theory suggests, but through their organizational commitment. These results differ across the different dimensions of organizational commitment. Therefore, our study challenges existing thinking on commitment studies by offering theoretical grounding and empirical evidence that neglected dimensions of commitment have a crucial intermediate role in the relationship between internal social capital and innovation in family firms.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87351316","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-12-10DOI: 10.24310/ejfbejfb.v10i2.10099
Aoife Hanley, Joaquín Monreal-Pérez, G. Sánchez‐Marín
espanolEncontrar los factores desencadenantes de la internacionalizacion de las empre - sas familiares no es facil porque, para empezar, las empresas familiares se consideran muy diferentes (por ejemplo, Bloom et al., 2011). Al investigar el papel de la gestion familiar, aplicamos una muestra espanola de 805 empresas gestionadas por familias para investigar el impacto del abandono de la gestion familiar en la propension a exportar. Aplicando modelos logit y tobit, encontramos que el abandono de la gestion familiar esta asociado con una caida en la actividad exportadora (tanto en la propension exportadora como en la intensidad expor- tadora), hallazgos que relacionamos con las teorias gerenciales de la empresa. Este hallazgo esta relacionado con caracteristicas especificas de las empresas familiares que favorecen la actividad exportadora como una mayor flexibilidad y altruismo. Las conclusiones de este trabajo tienen una serie de implicaciones relevantes. EnglishFinding the internationalization triggers of family-managed firms is not easy because family-managed firms are regarded as being very different to begin with (e.g. Bloom et al., 2011).In investigating the role of family management, we apply a Spanish sample of 805 family-managed firms to investigate the impact of abandoning such management on export propensity. Through a Logit model, we find that such abandon is associated with a fall in export propensity, findings we relate back to managerial theories of the firm. This finding is related to specific features of family managed firms that favour export activity such as a greater flexibility and altruism. The conclusions of this work have a number of relevant implications.
找到家族企业国际化的触发因素并不容易，因为家族企业最初被认为是非常不同的(例如Bloom et al.， 2011)。为了研究家族管理的作用，我们对805家家族经营的西班牙企业进行了抽样调查，以调查放弃家族管理对出口倾向的影响。在本研究中，我们分析了家庭管理的放弃与出口活动(出口倾向和出口强度)的下降有关，这些发现与公司的管理理论有关。这一发现与有利于出口活动的家族企业的具体特征有关，如更大的灵活性和利他主义。这项工作的结论具有一些相关的含义。寻找家族企业国际化的触发因素并不容易，因为家族企业被认为与开始时非常不同(例如Bloom et al.， 2011)。在调查家庭管理的作用时，我们使用了805家家庭管理企业的西班牙样本来调查放弃这种管理对出口倾向的影响。通过Logit模型，我们发现这种放弃与出口倾向的下降有关，我们将其与公司的管理理论联系起来。这一发现与有利于出口活动的家族经营企业的具体特点有关，例如更大的灵活性和利他主义。这项工作的结论具有许多相关的含义。
{"title":"Abandoning Family Management - Analysis of the effects on exports","authors":"Aoife Hanley, Joaquín Monreal-Pérez, G. Sánchez‐Marín","doi":"10.24310/ejfbejfb.v10i2.10099","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i2.10099","url":null,"abstract":"espanolEncontrar los factores desencadenantes de la internacionalizacion de las empre - sas familiares no es facil porque, para empezar, las empresas familiares se consideran muy diferentes (por ejemplo, Bloom et al., 2011). Al investigar el papel de la gestion familiar, aplicamos una muestra espanola de 805 empresas gestionadas por familias para investigar el impacto del abandono de la gestion familiar en la propension a exportar. Aplicando modelos logit y tobit, encontramos que el abandono de la gestion familiar esta asociado con una caida en la actividad exportadora (tanto en la propension exportadora como en la intensidad expor- tadora), hallazgos que relacionamos con las teorias gerenciales de la empresa. Este hallazgo esta relacionado con caracteristicas especificas de las empresas familiares que favorecen la actividad exportadora como una mayor flexibilidad y altruismo. Las conclusiones de este trabajo tienen una serie de implicaciones relevantes. EnglishFinding the internationalization triggers of family-managed firms is not easy because family-managed firms are regarded as being very different to begin with (e.g. Bloom et al., 2011).In investigating the role of family management, we apply a Spanish sample of 805 family-managed firms to investigate the impact of abandoning such management on export propensity. Through a Logit model, we find that such abandon is associated with a fall in export propensity, findings we relate back to managerial theories of the firm. This finding is related to specific features of family managed firms that favour export activity such as a greater flexibility and altruism. The conclusions of this work have a number of relevant implications.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87376284","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-06-30DOI: 10.24310/ejfbejfb.v10i1.9828
Katiuska Cabrera Suarez, Elena Rivo-López, Santiago Lago‐Peñas
Nowadays, family businesses, the predominant form of business worldwide, face an increasingly changing environment boosted by megatrends such as globalization, digitalization, artificial intelligence, climate change and sustainability. Along with this, are factors that play at a firm level such as stricter rules concerning transparency and compliance or the increasing importance of Corporate Social Responsibil- ity (CSR). Therefore, new strategies and organizational changes are necessary to allow for greater adaptation to the new context. This special issue provides insights on these questions from a variety of perspectives. The work of Hernandez-Linares and Lopez-Fernan- dez expands the current thinking on this process of adaptation by exploring the combined effects of three strategic orientations (entrepreneurial, learning, and market orientations) on the family firm s performance. The authors provide interesting contributions in terms of highlighting the importance of strategic orientations for value creation in enterprise organizations. They also provide empirical evidence that the family char- acter of the firm determines the relationship between strategic orientations and business performance, and offer some results on the effect of market orientation on firm performance in family firms versus non-family firms. Those differences in strategies are further ana- lysed within the setting of the business dimension in which financial and economic decisions are made. The contribution by Terron-Ibanez, Gomez-Miranda and Rodriguez-Ariza, discusses the influence of that di- mension in their performance, comparing family and non-family firms. This interesting analysis of financial performance provides useful results. The study showsthat, unlike non-family firms, there is an inverted U- shaped relationship between the size of family SMEs and the value of certain economic–financial indicators, such as the return on assets, operating margin and employee productivity. This means that although the increase in the dimension of the family organizations is positively related to its performance, there are lim- its from which the value of certain economic–financial indicators can be negatively affected. The next paper contributes to the discussion of the family business’s role in the private health sector. Reyes-Santias, Rivo-Lopez and Villanueva-Villar, set out to identify the historical evolution of the family business in this sector, attempting to determine the variation and its contribution to the private health sector during the 1995-2010 period. The findings of this discussion provide family firms with an almost 60% survival level in this sector. Along with this, the au- thors provide some guidelines for future research con- cerning this higher degree of survival, why family firms are leading the concentration process taking place in the sector, as well as their strategies for super-spe- cialization in the services offered especially by family bu
{"title":"Strategic and Organizational Change","authors":"Katiuska Cabrera Suarez, Elena Rivo-López, Santiago Lago‐Peñas","doi":"10.24310/ejfbejfb.v10i1.9828","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i1.9828","url":null,"abstract":"Nowadays, family businesses, the predominant form of business worldwide, face an increasingly changing environment boosted by megatrends such as globalization, digitalization, artificial intelligence, climate change and sustainability. Along with this, are factors that play at a firm level such as stricter rules concerning transparency and compliance or the increasing importance of Corporate Social Responsibil- ity (CSR). Therefore, new strategies and organizational changes are necessary to allow for greater adaptation to the new context. This special issue provides insights on these questions from a variety of perspectives. \u0000The work of Hernandez-Linares and Lopez-Fernan- dez expands the current thinking on this process of adaptation by exploring the combined effects of three strategic orientations (entrepreneurial, learning, and market orientations) on the family firm s performance. The authors provide interesting contributions in terms of highlighting the importance of strategic orientations for value creation in enterprise organizations. They also provide empirical evidence that the family char- acter of the firm determines the relationship between strategic orientations and business performance, and offer some results on the effect of market orientation on firm performance in family firms versus non-family firms. \u0000Those differences in strategies are further ana- lysed within the setting of the business dimension in which financial and economic decisions are made. The contribution by Terron-Ibanez, Gomez-Miranda and Rodriguez-Ariza, discusses the influence of that di- mension in their performance, comparing family and non-family firms. This interesting analysis of financial performance provides useful results. The study showsthat, unlike non-family firms, there is an inverted U- shaped relationship between the size of family SMEs and the value of certain economic–financial indicators, such as the return on assets, operating margin and employee productivity. This means that although the increase in the dimension of the family organizations is positively related to its performance, there are lim- its from which the value of certain economic–financial indicators can be negatively affected. \u0000The next paper contributes to the discussion of the family business’s role in the private health sector. Reyes-Santias, Rivo-Lopez and Villanueva-Villar, set out to identify the historical evolution of the family business in this sector, attempting to determine the variation and its contribution to the private health sector during the 1995-2010 period. The findings of this discussion provide family firms with an almost 60% survival level in this sector. Along with this, the au- thors provide some guidelines for future research con- cerning this higher degree of survival, why family firms are leading the concentration process taking place in the sector, as well as their strategies for super-spe- cialization in the services offered especially by family bu","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73827859","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-05-31DOI: 10.24310/ejfbejfb.v10i1.6705
Sara Terrón-Ibáñez, M. Gómez-Miranda, Lázaro Rodríguez‐Ariza
This paper analyzes the possible differences in the economic-financial situation of family organizations based on the business dimension. Then, we focus our analysis on SMEs to analyse the influence of the dimension in their performance. For this, information belonging to a large sample composed of 21,149 family businesses and 5,737 non-family businesses in Spain corresponding to the period 2003–2015 is studied. The conclusions obtained show that, although the increase in the dimension of the family organizations is positively related to their performance, there are limits beyond which the value of certain economic-financial indicators can be negatively affected. This behavior is not observed in non-family businesses.
{"title":"Dimension as a business strategy","authors":"Sara Terrón-Ibáñez, M. Gómez-Miranda, Lázaro Rodríguez‐Ariza","doi":"10.24310/ejfbejfb.v10i1.6705","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i1.6705","url":null,"abstract":"This paper analyzes the possible differences in the economic-financial situation of family organizations based on the business dimension. Then, we focus our analysis on SMEs to analyse the influence of the dimension in their performance. For this, information belonging to a large sample composed of 21,149 family businesses and 5,737 non-family businesses in Spain corresponding to the period 2003–2015 is studied. The conclusions obtained show that, although the increase in the dimension of the family organizations is positively related to their performance, there are limits beyond which the value of certain economic-financial indicators can be negatively affected. This behavior is not observed in non-family businesses.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75945142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2020-05-31DOI: 10.24310/ejfbejfb.v10i1.7018
J. Gómez
La empresa familiar presenta una serie de caracteristicas que condicionan su disposicion al cambio y la renovacion, que son necesarios para mantener la continuidad de la empresa en el largo plazo, para que pueda ser legada a las siguientes generaciones. Se analizan algunas aproximaciones a la identificacion de las barreras al cambio que son mas especificas de las caracteristicas propias de la empresa familiar, para identificar los factores que pueden tener mayor incidencia en la decision e implantacion de procesos de cambio en las empresas familiares. Entre estos factores se pueden citar la generacion al frente de la empresa familiar, la influencia de los grupos de interes -particularmente la dualidad entre empresa y familia-, y la mayor o menor participacion de profesionales externos a la familia.
{"title":"Barriers to change in family businesses","authors":"J. Gómez","doi":"10.24310/ejfbejfb.v10i1.7018","DOIUrl":"https://doi.org/10.24310/ejfbejfb.v10i1.7018","url":null,"abstract":"La empresa familiar presenta una serie de caracteristicas que condicionan su disposicion al cambio y la renovacion, que son necesarios para mantener la continuidad de la empresa en el largo plazo, para que pueda ser legada a las siguientes generaciones. Se analizan algunas aproximaciones a la identificacion de las barreras al cambio que son mas especificas de las caracteristicas propias de la empresa familiar, para identificar los factores que pueden tener mayor incidencia en la decision e implantacion de procesos de cambio en las empresas familiares. Entre estos factores se pueden citar la generacion al frente de la empresa familiar, la influencia de los grupos de interes -particularmente la dualidad entre empresa y familia-, y la mayor o menor participacion de profesionales externos a la familia.","PeriodicalId":100498,"journal":{"name":"European Journal of Family Business","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90709125","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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