Succession, performance and management capacity in family companies
DOI:
https://doi.org/10.15665/dem.v17i2.1945Keywords:
Family business, succession, performance, managerial capacity, ChileAbstract
This study analyzes the perceptions of the owners and/or managers of family businesses in the Ñuble territory of Chile, according to the dimensions of succession, performance and managerial capacity. Methodologically, hierarchical conglomerate analysis was used, obtaining a Cronbach alpha of 0.789. Three generations stand out: first (47.6%), second (38.1%) and third (14.3%), where the managerial capacity is determinant in the sustainability. There are problems in the succession for lack of planning of the process and the potential successors do not wish to continue with the company given their interests and levels of professionalization. Future performance is related to emotional capital and the degree of innovation.
RESUMEN
Este estudio analiza las percepciones de los dueños y/o gestores de empresas familiares del territorio Ñuble de Chile, según las dimensiones sucesión, desempeño y capacidad gerencial. Metodológicamente se utilizó análisis de conglomerado jerárquico, obteniéndose un alfa de cronbach de 0,789. Destacan tres generaciones: primera (47,6%), segunda (38,1%) y tercera (14,3%), donde la capacidad gerencial es determinante en la sustentabilidad, hay problemas en la sucesión por falta de planificación del proceso y los potenciales sucesores no desean continuar con la empresa dado sus intereses y niveles de profesionalización. El desempeño futuro está relacionado al capital emocional y el grado de innovación.
RESUMO
Este estudo analisa as percepções dos proprietários e/ou gerentes de empresas familiares no território Ñuble do Chile, de acordo com as dimensões de sucessão, desempenho e capacidade gerencial. Metodologicamente, foi utilizada a análise hierárquica de agrupamento, obtendo-se um alfa de Cronbach de 0,789. Destacam-se três gerações: primeira (47,6%), segunda (38,1%) e terceira (14,3%), onde a capacidade gerencial é determinante na sustentabilidade. Há problemas na sucessão por falta de planejamento do processo e os potenciais sucessores não desejam continuar com a empresa devido aos seus interesses e níveis de profissionalização. O desempenho futuro está relacionado com o capital emocional e o grau de inovação.
References
Abraham, S. E., Karns, L. A., Shaw, K., & Mena, M. A. (2001). Managerial competencies and the managerial performance appraisal process. Journal of Management Development, 20 (10), 842-852.
Adner, R., & Helfat, C. E. (2003). Corporate effects and dynamic managerial capabilities. Strategic Management Journal, 24 (10), 1011-1025.
Andrade, J. (2002). Sucesión en la empresa familiar: Su futuro cuando la muerte se acerca. Revista Venezolana de Gerencia, 7(19), 375-389.
Araya, A. (2012). El proceso de sucesión en la empresa familiar y su impacto en la organización. TEC Empresarial, 6(2), 29-39.
Arregle, J., Hitt, M. A., Sirmon, D. G., & Very, P. (2007). The Development of Organizational Social Capital: Attributes of Family Firms. Journal of Management Studies, 44(1), 73-95.
Astrachan, J., Klein, S., & Smyrnios, K. (2002). The F-PEC scale of family influence: A proposal for solving the family business definition problem1. Family Business Review, XV (1), 45-58.
Avendaño-Alcaraz, J., Kelly, L., Trevinyo-Rodríguez, R. N., & Madero Gómez, S. (2009). A Family-Based Competitive Advantage: Handling Key Success Family Factors in Mexican Family Businesses. Cuadernos de Administración, 22(39), 191-212.
Barroso, A., Galván, R., & Palacios, T. (2012). El enfoque basado en el conocimiento en las empresas familiares. Investigación Administrativa, 109, 62-69.
Betancourt, J., Gómez-Betancourt, G., & López, M. (2011). Aproximación a los factores que influyen en la visión del patrimonio en las empresas familiares colombianas. Estudios Gerenciales, 27 (120), 165-183.
Camisón, C. (2014). Planificación de la sucesión: planes de relevo en el liderazgo. Cuaderno de Trabajo N° 2, Cátedra de empresa familiar de la Universitat de València, España.
Cançado, V., Braga, J., Fernandes, C., & Brandão, R. (2013). Ciclo de vida, sucessão e processo de governança em uma empresa familiar: um estudo de caso no Grupo Seculus. REAd-Revista Eletrônica de Administração, 19(2), 485-516.
Chua, J., Chrisman, J., & Sharma, P. (1999). Defining the Family Business by Behavior. Entrepreneurship: Theory & Practice, 23, 19–39.
Correa García, A., Castaño Ríos, C., & Mesa Callejas, R. (2010). Desempeño financiero empresarial en Colombia en 2009: un análisis por sectores. Perfil de Coyuntura Económica, 15, 149–170.
Davis, P., & Stern, D. (1988). Adaptation, survival, and growth of the family business: An Integrated Systems Perspective. Human Relations, 4(34), 207–224.
De la Hoz Suarez, B., Ferrer, M., & De la Hoz, A. (2008). Indicadores de rentabilidad: herramientas para la toma decisiones financieras en hoteles de categoría media ubicados en Maracaibo. Revista de Ciencias Sociales (RCS), XIV (1), 88–109.
Eisenhardt, K., & Martin, J. (2000). Dynamic Capabilities: What Are They? Strategic Management Journal, 21, 1105–1121.
Escobar-Váquiro, N., Benavides-Franco, J., & Perafán-Peña, H. (2016). Gobierno corporativo y desempeño financiero: conceptos teóricos y evidencia empírica. Cuadernos de Contabilidad, 17(43), 203-254.
Flores, M., & Vega, A. (2014). Factores claves que influyen en el proceso de sucesión en las empresas familiares del sector textil en Tijuana, B.C., México. Revista Internacional Administración & Finanzas, 7(7), 91–110.
Gallo, M. (1998). La sucesión en la empresa familiar. Colección Estudios e Informes, N° 12, Caja de ahorros y Pensiones de Barcelona - La Caixa, España.
Guinjoan, M., &Llaurador, J. (2009). 50 respuestas a 49 dudas sobre la sucesión. Una guía para pymes familiares y autónomos. Fundación Índice, Madrid, España.
Habbershon, T., Williams, M., & Macmillan, I. (2003). A unified systems perspective of family firm performance. Journal of Business Venturing, 18(4), 451–465.
Harvey, M., & Evans, R. (1994). Family Business and Multiple Levels of Conflict. Family Business Review, 7(4), 331–348.
Hernández-Linares, R., Sarkar, S., & López-Fernández, M. (2017). How has the family firm literature addressed its heterogeneity through classification systems? An integrated analysis. European Journal of Family Business, 7(1-2), 1-13.
Lambrecht, J. (2005). Multigenerational transition in family businesses: A new explanatory model. Family Business Review, 18(4), 267–282.
Lea, J.W. (1991). Keeping it in the family: successful succession of the family business. New York: John Wiley, 1 edition.
Lozano, M. (2008). Elementos del proceso de formación de descendientes antes de su vinculación a la empresa familiar: un estudio de casos colombianos. Cuadernos de Administración, 21(37), 243-268.
Mandakovic, V., Jiménez, G., Arriagada, V. & Echevarría, C. (2014). Radiografía de la Empresa Familiar en Chile. Serie Working papers N° 13, Universidad del Desarrollo, School of Business and Economics, Chile. Disponible en: https://ideas.repec.org/p/dsr/wpaper/13.html
Mitchell, R., Morse, E., & Sharma, P. (2003). The transacting cognitions of Business, nonfamily employees in the family businesses setting. Journal of Venturing, 4(18), 533-551.
Molina, P., Botero, S., & Montoya, J. (2016). Empresas de familia: conceptos y modelos para su análisis. Pensamiento & Gestión, 41, 116-149.
Niemelä, T. (2004). Interfirm Cooperation Capability in the Context of Networking Family Firms: The Role of Power. Family Business Review, 17(4), 319-330.
Padilla, C., Arévalo, D., Bustamante, M., & Vidal, C. (2017). Responsabilidad Social Empresarial y Desempeño Financiero en la Industria del Plástico en Ecuador. Información Tecnológica, 28(4), 93-102.
Quejada, R., & Ávila, J. (2016). Empresas familiares: conceptos, teorías y estructuras. Revista EAN, 0(81), 149-158.
Rivera, J., & Ruiz, D. (2011). Análisis del desempeño financiero de empresas innovadoras del Sector Alimentos y Bebidas en Colombia. Pensamiento y Gestión, 31, 109-136.
Rueda, J. (2011). La Profesionalización, Elemento Clave del Éxito de la Empresa Familiar. Visión de Futuro, 15(1), 1–18.
Ruiz, F., Saldaña, Y., De la Garza, S., & Gaytán, H. (2013). Factores clave para la sobrevivencia intergeneracional de la empresa familiar: caso de estudio. INCEPTUM, VIII (15), 43-62.
Salomón, J. (2010). Capacidades gerenciales en las empresas familiares peruanas: Un estudio descriptivo. Tesis doctoral CENTRUM, Pontificia Universidad Católica del Perú, Lima. Disponible en: http://tesis.pucp.edu.pe/repositorio/handle/123456789/1605
San Martín, J., & Durán, J. (2016). Sucesión y su relación con endeudamiento y desempeño en empresas familiares. Contaduría y Administración, 61, 41–57.
Sharma, P., Chrisman, J., & Gersick, K. (2012). 25 Years of Family Business Review: Reflections on the Past and Perspectives for the Future. Family Business Review, 1(25), 5–15.
Sharma, P., & Srinivas Rao, A. (2000). Successor Attributes in Indian and Canadian Family Firms: A Comparative Study. Family Business Review, 13(4), 313–330
Silva, E., & Rodrigues, A. (2017). A transformação social de uma ferramenta estratégica em uma organização familiar brasileira. REAd Revista Eletrônica de Administração, 23 (3), 173-205.
Toro J., & Palomo, R. (2014). Análisis del riesgo financiero en las PYMES–estudio de caso aplicado a la ciudad de Manizales. Revista Lasallista de investigación, 11(2), 78-88.
Downloads
Published
Versions
- 2020-08-19 (2)
- 2019-03-01 (1)
How to Cite
Issue
Section
License
Instructions for filling in the Certification of Originality and the Copyright Transfer:
Keep in mind that by pressing the "save and continue" button at the end, you are assuming all the ethical and legal commitments set forth herein. They establish the responsibilities of the legislation on intellectual property rights. For this it is assumed that whoever is carrying out the action of presenting the written work in good faith and represents himself and the other authors of the postulated article.
In this sense, the authors retain all the rights of which they are owners and authorize the free reproduction of the document sent. In the event of being necessary, they will assume, by pressing the "save and continue" button, the legal responsibility derived from the patrimonial rights which are free because of the non-payment by any procedure of the Journal.
Consequently, the author (s) represented by the person who advances the postulation of the article for evaluation and eventual publication,
I (We) declare:
1. I am (we are) the author (s) of the article {here is the name of the article placed automatically}.
2. This is an original work in accordance with the intellectual property law of Colombian copyright.
3. The content of the article of the reference has not been published and that it will not be submitted to any other means of publication in written or electronic support before knowing the decision of the Editorial Committee of Dimensión Empresarial.
4. The signer of this certification guarantees that the commitment acquired here does not infringe any third-party rights.
5. The publication authorization includes its electronic file and its adaptation, if necessary, for its incorporation in the network or in any electronic format or database, as well as attaching the necessary metadata to register the work, trademarks of water or any other security or protection system.
6. The publication authorization includes reproduction on digital media. As well as its distribution and making available through institutional archives through the Internet, distribute copies, and exhibit it in Colombia and outside the country, as well as include the article in national and international indexes.
7. The author assumes all responsibility, including compensation for damages, that could be exercised against the Universidad Autónoma del Caribe by third parties who violated their rights and interests because of the assignment.
For its part, Dimension Empresarial undertakes to respect in any case the rights of the author contained in Article 30 of Law 23 of 1982, or any after it and will make the article available to the users of the Journal so that make a legitimate use of it, as permitted by the applicable legislation, provided that its authorship is cited, commercial benefit is not obtained, and derivative works are not made.
The authors agree to accept the conditions of this intellectual property note, which will be applied to this submission when it is published in this journal.
