Avendano-A lcaraz, Jorge, Kelly, Louise, Trevinyo-Rodríguez, Rosa Nelly, and Gómez, Sergio Madero
Subjects
FAMILY-owned business enterprises, FAMILIES, INFLUENCE, COMPETITIVE advantage in business, FAMILY relations, FINANCIAL performance
Abstract
Copyright of Cuadernos de Administración (01203592) is the property of Pontificia Universidad Javeriana and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Based on the work of Anderson & Reeb (2003), the current paper aims to examine whether, under the peculiar influence of the Mexican corporate system, there are differences in the performance of family and non-family firms. The authors propose an analysis that allows conducting a comprehensive study and comparison between companies with different ownership structures (family vs. non-family firms), differentiated by heterogeneously developed governance patterns. Likewise, the effects of the degree of ownership concentration on performance are also analyzed. Moreover, evidence is shown of contrasting relationships between governance mechanisms and performance in family and non-family firms. Results are consistent with those of Anderson & Reeb (2003). [ABSTRACT FROM AUTHOR]
Published
2012
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