Estudios de rendimiento en las empresas de familia. Una nueva perspectiva
DOI:
https://doi.org/10.1016/j.estger.2016.10.009Palabras clave:
Empresa familiar, Rendimientos financieros, Teoría de agenciaResumen
Este artículo tiene como objetivo sistematizar y analizar los estudios empíricos existentes sobre la relación entre la participación de la familia en las empresas familiares y sus rendimientos financieros. Para esto se realiza una revisión sistemática de artículos, seleccionados con criterios claramente definidos en las bases de datos más relevantes en las ciencias sociales, con el fin de comprobar si esta relación es positiva o negativa. A partir de lo anterior, se obtienen tres tendencias de los estudios realizados: relación positiva, relación negativa y relación neutra. Con los resultados tan heterogéneos se concluye que las relaciones entre la empresa familiar y su rendimiento son complejas y muy probablemente moderadas o intervenidas por factores que no han sido incluidos en estos análisis.Descargas
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Bjuggren, P. y Palmberg, J. (2010). The impact of vote differentiation on investment performance in listed family firms. Family Business Review, 23(4), 327–340.
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Cabrera, K., Déniz, M. y Martín, J. (2014). The setting of non-financial goals in the family firm: The influence of family climate and identification. Journal of Family Business Strategy, 5(3), 289–299.
Carney, M. y Gedajlovic, E. (2002). The coupling of ownership and control and the allocation of financial resources: evidence from Hong Kong. Journal of Management Studies, 39(1), 123–146.
Chaganti, R. y Damanpour, F. (1991). Institutional ownership, capital structure, and firm performance. Strategic Management Journal, 12(7), 479–491.
Chang, E., Chrisman, J., Chua, J. y Kellermanns, F. (2008). Regional economy as a determinant of the prevalence of family firms in the United States: A preliminary report. Entrepreneurship Theory and Practice, 32(3), 559–573.
Charbel, S., Elie, B. y Georges, S. (2013). Impact of family involvement in ownership management and direction on financial performance of the Lebanese firms. International Strategic Management Review, 1(1), 30–41.
Chrisman, J., Chua, J. y Litz, R. (2003). A unified systems perspective of family firm performance: An extension and integration. Journal of Business Venturing, 18(4), 467–472.
Chrisman, J., Chua, J. y Litz, R. (2004). Comparing the agency costs of family and nonfamily firms: Conceptual issues and exploratory evidence. Entrepreneurship Theory and Practice, 28(4), 335–344.
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2017-03-24
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Cómo citar
Estudios de rendimiento en las empresas de familia. Una nueva perspectiva. (2017). Estudios Gerenciales, 33(142), 76-86. https://doi.org/10.1016/j.estger.2016.10.009
