Artículo

Heterogeneity in the size of family firms: the case of Mexico

Fernanda Canale Segovia, Carlos López-Hernández

Abstract


A large percentage of Mexican firms can be classified as family businesses. These have a different reality from those that are not family-owned. Issues such as succession (understood as the transference of the firm’s ownership to successive generations), management and stock ownership, career plan and hiring plan for family members by the company, among many others, must be resolved to ensure these firms’ permanence. Firm size is variable that helps establish the scope of these issues. The question we sought to answer in this research is whether there is a homogenization in the classification of size and dimension of family businesses in Mexico. We found that there is no such pattern. We conducted an exhaustive literature review on company size, as well as an empirical study based on cases of private and public family firms in Mexico. We concluded that it is necessary to generate a multivariable classification that should simultaneously consider sales, number of employees and company assets, as well as any modern organizational structures that could have an impact on their categorization.


Keywords


family firm; organizational structure; heterogeneity

Full Text:

PDF (Español)

References


Acs, Z. y D. Audretsch (1987). Innovation, market structure and firm size. The Review of Economics and Statistics, 69(4).

Alexander, S. S. (1949). The effect of size of manufacturing corporation on the distribution of the rate of return. Review of Economic and Statistics, 31(3), 229-235.

Amiti, M. (1998). New trade theories and industrial location in the EU: a survey of evidence. Oxford Review of Economic Policy, 45-53.

Baldwin, J. R., y Gorecki, P. K. (1986). The dynamics of firms turnover. Economic Council of Canada.

Belausteguigoitia, I. (2003). Empresas familiares: su dinámica, equilibrio y consolidación. México: McGraw-Hill.

Boeri, T. (1989). Does firm size matter? Giornale degli Economisti e Annali di Economia. Nuova Serie, 477-495.

Bonini, C. P. (1975). The size distribution of business firms. American Economic Review, 48(4), 129.

Cabrera-Suárez, K., De Saá-Pérez, P., y García-Almeida, D. (2001). The succession process from a resource-and knowledge-based view of the family firm. Family Business Review, 37-46.

Carsrud, A. (1994). Meanderings of a resurrected psychologist, or lessons learned in creating a family business program. Entrepreneurship Theory and Practice, 19(1), 39-48.

Centro de Liderazgo a través del Conocimiento Llorente y Cuenca. (2015). Empresas familiares latinas: más gobierno, mejores empresas. Madrid, España: Llorente y Cuenca.

Coase, R. (1937). The nature of the firm. Economica, New Series, 386-405.

de Carvalho, A. G. (2008). The effect of size and institutional development on the growth of brazilian firms. Fundacao Getulio Vargas School of Business at Sao Paulo, 1-21.

Davis, J. A. (1982). The influence of life stage on father-son work relationships in family companies. Doctoral dissertation, Harvard Business School.

Dumas, C. (1998). Women's pathways to participation and leadership in the famili-owned firm. Family Business Review, 11(3), 219-228.

Dunnet, T., y Roberts, M. J. (1989). Inter-industry variation in producer turnover in U.S manufacturing. Paper presented at the Conference on "Dynamic Aspect of Firm and Industry Behaviour.

Durán, J. y San Martín, J. M. (2016). Evolución de la planeación estratégica en la empresa familiar en México. En Panorama de la Administración en México, Duhamel, F. y Gutiérrez, I. Edit. UDLAP. Puebla, México

Dyckman, T., y Stekler, H. (1965). Firm size and variability. The Journal of Industrial Economics, 214-218.

Evans. (1987). Tests of alternative theories of firm growth. Journal of Political Economy, 94(4), 657-674.

Hall, B. H. (1987). The relationship between firm size and firm growth in the US manufacturing sector. Journal of Industrial Economics, 35(4), 583-606.

Hall, M., y Weiss, L. (1967). Firm size and profitability. The MIT Press, 319-331.

Hopenhayn, H. (2016). Firm size and development. Economía, 17(1), 27-49.

Horváth, C., y Hajdu, G. (1980). On the size of the firm. Eastern European Economics, 34-62.

Hymer, S., y Pashigian, P. (1962). Firm size and rate of growth. Journal of Political Economy, 72(6), 556-569.

KPMG en México. (2013). Empresas familiares en México: el desafío de crecer, madurar y permanecer. México D.F. : KPMG Cárdenas Dosal S.C.

Krugman, P. (1991). Geography and trade. Cambridge, Massachusetts: The MIT Press.

Leonard, J. S. (1986). On the size distribution of employment and establishments. Nber Working Paper, 1951.

Leonard, J. S. (1988). Firm and establishment growth and stability. Paper presented at the NBER Conference on "Dinamic Aspect of Firm and Industry Behaviour.

Monsen, J. R., y Downs, A. (1965). A theory of large managerial firms. The Journal of Political Economy, 221-236.

Morris, M. H., Williams, R. O., Allen, J. A., y Ávila, R. A. (1997). Correlates of success in family business transitions. Journal of Business Venturing, 12, 385-401.

Nagaraj, P., y P. K. (2014). Productivity and firm size in India. Small Business Economics, 42(4), 891-907.

Neil, C. C., y Kenneth, J. H. (1997). Non-market-based transfers of wealth and power: a research framework for family business. Family Business Review, 10(1), 53-67.

Nelton, S. (1991). Ten keys to success in family business. Nations Bussiness, 79, 44-45.

Nelton, S. (1997). Major shifts in leadership lie ahead. Nation's Business, 85(6), 56-57.

Pagano, P., y Schivardi, F. (2003). Firm size distribution and growth. The Scandinavian Journal of Economics, 105(2), 255-274.

Samuelson, L. (1989). Plant turnover and gross employment flows in the U.S. manufacturing sector. Journal of Labour Economics, 7(1), 47-71.

Shanker, M. C., y Astrachan, J. H. (1996). Myths and realities: family businesses' contribution to the U.S. economy. A framework for assessing family business statistics. Family Business Review, 9(2), 107-123.

Sharma, P., Chrisman, J. J., y Chua, J. H. (1996). A review and annotated bibliography of family business studies. Boston, MA: Kluwer Academic Publishers.

Simon, H. A. (1955). On a class of skew disitribution functions. Biometrika, 42(3-4), 425-440.

Singh, A., y Whittington, G. (1975). The size and growth of firms. Review of Economic Studies, 42(1), 15-26.

Tagiuri, R., y Davis, J. (1996). Bivalent attributes of the family firm. Family business review, 9(2), 199-208.

Ward, J. L. (1987). Keeping the family business healthy. San Francisco, CA: Jossey Bass.

Weigand, R. E. (1963). The marketing organization, channels, and firm size. The Journal of Business, 228-236.


Refbacks

  • There are currently no refbacks.


Indexed in:

       IndexCopernicus

Plagiarism analysis by: