CHALLENGES THE MEXICAN FAMILY OF ENTREPRENEURS FACES

Yolanda Saldaña (), Fernando Ruiz (), Laura Gaona (), Juan Nahuat () and Kelly Peña ()
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Kelly Peña: Universidad Autónoma de Coahuila

European Journal of Business and Economics, 2017, vol. 12, issue 1, 887 volume1: 12

Abstract: Given that the Mexican family provides more support and assurance than the State, the family still takes an important place in the Mexican`s life. Therefore, this work describes and analyzes how this phenomenon can impact the profitability and continuity of the family businesses in our country. To achieve this objective it was done a documentary interdisciplinary consultation including classic authors of the Mexican`s psychology and present contributions from the field of the family business. The results obtained showed that the expectations that a family who owns a business has respect to the family and the family business itself have an effect on the assets and the family business`s legacy. It is concluded that it is not about to nullify the influence of the family in the family business, but rather to manage it adequately.

Keywords: Conceptdynamics; family; family business (search for similar items in EconPapers)
JEL-codes: M12 M14 M15 M19 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aad:ejbejj:v:12:y:2017:i:1:p:887

DOI: 10.12955/ejbe.v12i1.887

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