Knowledge Integration in Latin American Family Firms

2013 ◽  
Author(s):  
Fernando Sandoval-Arzaga ◽  
Marcela Ramírez-Pasillas ◽  
María Fonseca-Paredes
Keyword(s):  
Latin American ◽  
Knowledge Integration ◽  
Family Firms ◽  
American Family

Family firm CEOs: human capital and career success

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Maria Rita Blanco ◽  
Miguel Angel Sastre-Castillo ◽  
Maria Angeles Montoro-Sanchez
Keyword(s):  
Human Capital ◽  
Latin American ◽  
Quantitative Methods ◽  
Family Firms ◽  
Family Firm ◽  
American Family ◽  
Graduate Degree ◽  
Capital Theory ◽  
Content Type ◽  
The Way

PurposeThis article explores the influence of education and experience on the time to the top in family and non-family CEOs who work for Latin American family firms.Design/methodology/approachIn order to achieve these objectives, this study draws upon human capital theory as well as career and family firm literature. The careers of 129 CEOs of family firms who form part of the América Economía ranking were analyzed and quantitative methods were used.FindingsIn Latin American family firms, family CEOs reach the top faster than their non-family counterparts. In addition, the influence of human capital variables on the way to the top differs between the two groups. For family CEOs, obtaining a graduate degree delays the way to the top, while for non-family ones, it reduces the time to the top. As regards experience, for promoted family CEOs, the greater the percentage of the career spent in the organization they lead, the shorter the time to the top. No support was found for either the influence of having worked for just one firm or having had elite graduate education abroad, in multilatina CEOs.Practical implicationsIndividual career management suggestions for future CEOs as well as specific guidelines for talent managers are proposedOriginality/valueThis is the first study to explore the influence of human capital indicators on the time to the top in Latin American family firm CEOs.

Entrepreneurship and Innovation in Latin American Family Firms

2017 ◽  
pp. 497-516
Author(s):  
Verónica Baños-Monroy ◽  
Edgar Ramírez-Solís ◽  
Lucia Rodríguez-Aceves
Keyword(s):  
Latin American ◽  
Family Firms ◽  
Family Businesses ◽  
Policy Implications ◽  
American Family ◽  
Secondary Sources ◽  
Main Driver ◽  
Global Entrepreneurship

This chapter examines the role of entrepreneurship and innovation in the development of family businesses in Latin America. The socio-economic dynamics of such region is an interesting field for research, mainly because: it is a major manufacturing hub with growing importance in retail; it experienced a huge economical shift in the last ten years causing the growth of the middle class (an increase of 50 million people); family firms in the region are the main driver of growth and employment. The authors focused the analysis on Mexico due to its singular characteristics, making it a representative example of the region. Based on secondary sources, a characterization of the entrepreneurship and innovation in family owned and managed firms in the region is reviewed. Moreover, based on the Global Entrepreneurship Monitor database, the authors present some recent data related with entrepreneurship levels in the region and its impact in terms of innovation. Finally, public policy implications are provided in order to encourage entrepreneurship and innovation in family businesses.

Entrepreneurship and Innovation in Latin American Family Firms

2017 ◽  
pp. 104-123
Author(s):  
Verónica Baños-Monroy ◽  
Edgar Ramírez-Solís ◽  
Lucia Rodríguez-Aceves
Keyword(s):  
Latin American ◽  
Family Firms ◽  
Family Businesses ◽  
Policy Implications ◽  
American Family ◽  
Secondary Sources ◽  
Main Driver ◽  
Global Entrepreneurship

This chapter examines the role of entrepreneurship and innovation in the development of family businesses in Latin America. The socio-economic dynamics of such region is an interesting field for research, mainly because: it is a major manufacturing hub with growing importance in retail; it experienced a huge economical shift in the last ten years causing the growth of the middle class (an increase of 50 million people); family firms in the region are the main driver of growth and employment. The authors focused the analysis on Mexico due to its singular characteristics, making it a representative example of the region. Based on secondary sources, a characterization of the entrepreneurship and innovation in family owned and managed firms in the region is reviewed. Moreover, based on the Global Entrepreneurship Monitor database, the authors present some recent data related with entrepreneurship levels in the region and its impact in terms of innovation. Finally, public policy implications are provided in order to encourage entrepreneurship and innovation in family businesses.

Uncertainty and the Family Corporation

1976 ◽  
Vol 4 (2) ◽  
pp. 60-67 ◽  
Author(s):  
Robert C. Dailey ◽  
Thomas E. Reushling ◽  
Richard F. De Mong
Keyword(s):  
Family Firms ◽  
American Family ◽  
Complex Problems ◽  
The Family ◽  
Publicly Owned ◽  
Senior Officers

American family-owned corporations today are confronted by many complex problems but interviews conducted with founders and senior officers in a number of such enterprises indicate that family firms enjoy some unique competitive strengths not shared by publicly owned firms. In this paper the authors discuss both the strengths and the weaknesses associated with this form of ownership and suggests ways in which management can overcome many of the current pressures and uncertainties in order to ensure the survival of the enterprise.

scholarly journals President interlocking, family firms and performance during turbulent times: Evidence from Latin America

2016 ◽  
Vol 6 (2) ◽  
Author(s):  
Karen Watkins-Fassler ◽  
Virginia Fernández-Pérez ◽  
Lázaro Rodríguez-Ariza
Keyword(s):  
Latin America ◽  
Financial Performance ◽  
Latin American ◽  
Family Firms ◽  
Annual Data ◽  
Minority Shareholders ◽  
Return On Assets ◽  
Publicly Traded Companies ◽  
Turbulent Times ◽  
And Performance

n Latin America, company ownership is typically concentrated in the hands of controlling families, who build powerful business groups which facilitate interlocking practices. The purpose of this study is to examine how President interlocking relates with financial performance in Latin American firms, under uncertainty circumstances. Using regression analysis (panel least squares), the association between return on assets and President interlocking during turbulent times is analyzed. For the latter, annual data (2009–2010) from non-financial publicly traded companies in Chile (243 firms) and Mexico (89 firms) is employed. It is documented that President interlocking in Latin American firms is positively associated with financial performance. However, this effect is higher in Chile than in Mexico, where minority shareholders and other stakeholders are better protected against expropriation. This study increases the understanding of the strengths of President interlocks in stormy times, by introducing the Latin American context.

Linkage analysis of a large Latin-American family with X-linked retinitis pigmentosa and metallic sheen in the heterozygote carrier

Genomics ◽  
1989 ◽  
Vol 4 (4) ◽  
pp. 601-605 ◽  
Author(s):  
M.A. Musarella ◽  
L. Anson-Cartwright ◽  
A. Burghes ◽  
R.G. Worton ◽  
J.G. Lesko ◽  
...  
Keyword(s):  
Linkage Analysis ◽  
Retinitis Pigmentosa ◽  
Latin American ◽  
American Family ◽  
Metallic Sheen

Global Competition and the Family-Owned Business in Latin America

1995 ◽  
Vol 8 (4) ◽  
pp. 301-311 ◽  
Author(s):  
Ernesto J. Poza
Keyword(s):  
United States ◽  
Latin America ◽  
Latin American ◽  
The United States ◽  
Global Competition ◽  
American Family ◽  
Concentrated Ownership ◽  
The Family

Challenges and adaptations are discussed in a practice context for Latin-American family-owned businesses. These strategies include family-owned conglomerates, monarchical families, financial obscurity, concentrated ownership, and succession. These Latin American strategies are compared to those in the United States.

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