Entrepreneurial Orientation and Knowledge Management for Succession

Research on entrepreneurial orientation and its relation with family SMEs has been primarily focused on value creation, and not how this value can be generated on the succession process. At this respect, paternalism plays a crucial role in reinforcing family inertia, as Mexican firms are traditional and generally closed to changes. In this chapter, four Mexican family SMEs are analyzed to study how the entrepreneurial orientation of Mexican family firms has effects on both the entrepreneurial performance and the succession process.

Is socioemotional wealth being influenced by the intentions to pursue succession on incumbent owners? Empirical research on Mexican family business

PurposeThe authors identify the theoretical constructions measuring the intentions to pursue succession as well as the socioemotional wealth theoretical framework, and the authors propose an objective of testing the relationships existing between them so as their importance giving evidence of their relevance.Design/methodology/approachIt is a research with a positivist philosophical position measuring in a quantitative way with a deductive and structured approach applied to 98 CEO owners of Mexican companies, using nonparametric methodologies the authors simulated subsamples with structural equation modeling in SmartPLS 3.3.2, the metrics on the model are described as a functionalist paradigm.FindingsDirectors' attitudes paired up with the intentions of succession are significantly related to the socioemotional aspect of the family business; although the theory proposes three aspects to measure these intentions, the social norm in this research has not been strong enough to be a predictor as an influence on the company's socioemotional wealth.Originality/valueThe authors found this a valuable paper for the complement of theory focused on purely manifesting aspects in family companies, because they identified theoretical and empirical relationships opening up guidelines for new research in socioemotional aspects in accordance with the entrepreneurs attitudes to achieve succession, the differentiation lies in measuring psychological aspects of the director's behavior toward succession and not to the succession per se as done in most research; also, the methodology of data analysis facilitates the reader to easily recognize the relationships between the proposed theoretical constructions, showing the detailed metrics development by researchers in the family business field.

The Right to Tlatelolco: Space, State and Home in Rojo amanecer (1989), Directed by Jorge Fons

This article addresses the issue of spatiality in the Mexican film Rojo amanecer (Jorge Fons, 1989), which dramatizes the events surrounding the massacre of student demonstrators in the plaza de Tlatelolco, Mexico City, on 2nd October 1968. The film has received a good deal of critical attention and yet a detailed analysis of its rendering of narrative space remains to be done. With reference to the spatial theories of Henri Lefebvre and Gaston Bachelard, I argue that the film’s innovative use of narrative space establishes a symbolic connection between the events in the public space of the Plaza de las Tres Culturas and the intimate space of the Mexican family home. The harrowing depiction of an invasion of state power into the space of the home serves to critique the Partido Revolutionario Institutional (PRI) regime’s core ideology and its modernist housing project in Tlatelolco.

Operational risk and family business elements

Operational Risk has been one of the most important risks to be regulated nowadays among companies. There are several factors that can impact this kind of risk; one of them is Family Business elements. By using a Bayesian framework these elements were taken into account to defined possible causality relations between them and operational risk. In order to so a set of Mexican family companies with different sizes were considered, a set of experts from those companies was selected, Family Business elements that might impact were defined and a Bayesian Network for each type of company was characterized. Results are: 1) There are family business theoretical elements that impact on Operational risk, 2) The higher the presence of family elements within companies the lower the Operational Risk is, 3) There is an specific organizational structure depending on a company size that is in accordance with an specific Bayesian Network for measuring Operational Risk when Family Business elements are considered.