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Challenges The Mexican Family Of Entrepreneurs Faces

Author

Listed:
  • Yolanda Saldaña
  • Fernando Ruiz
  • Laura Gaona
  • Juan Nahuat
  • Kelly Peña

    (Universidad Autónoma de Coahuila)

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.

Suggested Citation

  • Yolanda Saldaña & Fernando Ruiz & Laura Gaona & Juan Nahuat & Kelly Peña, 2017. "Challenges The Mexican Family Of Entrepreneurs Faces," European Journal of Business and Economics, Central Bohemia University, vol. 12(1), pages 8871:12-887, June.
    • Handle: RePEc:aad:ejbejj:v:12:y:2017:i:1:p:887
    DOI: 10.12955/ejbe.v12i1.887
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    More about this item

    Keywords

    Conceptdynamics; family; family business;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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