Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth
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International Journal of Applied Business and Economic Research
2019
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ir-10818-356052019-05-28T21:26:32Z Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth Moreno Gómez, Jorge Gómez Betancourt, Gonzalo Calleja Blanco, Jonathan Familiy firm Performance Ownership Socioemotional wealth Stewardship theory Corporate governance 21 páginas This paper analyzes the governance practices in the dimension of the family and ownership, and its impact in the financial and family performance. From an empirical perspective, we provide a exploratory evidence on how the governance practice in the structures of governance in the family and ownership, impacts in the financial results and the socioemotional wealth of the family.The results show that the implementation of corporate governance practices in the family and ownership dimensions is not a reliable indicator of a direct relationship with business performance. In addition, we found strong tendencies to preserve the family’s socioemotional wealth. Furthermore, unity, honesty, transparency and amity are factors boosting both family and business success.This study has some limitations, the qualitative method used, such as the case study, allows an analytic exploration of the findings. However, it would be suitable further future quantitive approaches to generalize our results and extract more objective conclusions. 2019-05-28T21:24:34Z 2019-05-28T21:24:34Z 2016 article publishedVersion 0972-7302 https://www.researchgate.net/publication/312311573_Corporate_governance_practices_in_the_family_and_ownership_dimensions_its_impact_on_performance_and_socioemotional_wealth http://hdl.handle.net/10818/35605 eng International Journal of Applied Business and Economic Research 14(12):8379-8398 Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ openAccess application/pdf International Journal of Applied Business and Economic Research Universidad de La Sabana Repositorio Institucional de la Universidad de La Sabana |
institution |
Universidad de La Sabana |
collection |
DSpace |
language |
Inglés (English) |
topic |
Familiy firm Performance Ownership Socioemotional wealth Stewardship theory Corporate governance |
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Familiy firm Performance Ownership Socioemotional wealth Stewardship theory Corporate governance Moreno Gómez, Jorge Gómez Betancourt, Gonzalo Calleja Blanco, Jonathan Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
description |
21 páginas |
format |
Artículo (Article) |
author |
Moreno Gómez, Jorge Gómez Betancourt, Gonzalo Calleja Blanco, Jonathan |
author_facet |
Moreno Gómez, Jorge Gómez Betancourt, Gonzalo Calleja Blanco, Jonathan |
author_sort |
Moreno Gómez, Jorge |
title |
Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
title_short |
Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
title_full |
Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
title_fullStr |
Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
title_full_unstemmed |
Corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
title_sort |
corporate governance practices in the family and ownership dimensions its impact on performance and socioemotional wealth |
publisher |
International Journal of Applied Business and Economic Research |
publishDate |
2019 |
url |
http://hdl.handle.net/10818/35605 |
_version_ |
1679477527733600256 |
score |
11,383075 |