Modelo de gobierno corporativo para fortalecer la toma de decisiones y la rentabilidad financiera de pymes familiares

Vista sencilla de ítem
dc.contributor.advisorPatiño Castro, Omar Alonso
dc.contributor.authorCorreal Cuervo, Camilo
dc.contributor.juryLagos Cortés, Diógenes
dc.contributor.juryBetancourt Ramírez, José
dc.contributor.juryNiño Amézquita, José Luis
dc.contributor.researchgroupEMPRENDIMIENTO Y GERENCIA::GRUPO DE GERENCIA EN LAS GRANDES, MEDIANA Y PEQUEÑAS EMPRESAS G3PYMES OMAR ALONSO PATIÑO CASTRO Categoría A1 COL0016327
dc.creator.id79241515
dc.date.accessioned2025-08-31T02:12:11Z
dc.date.issued2025-07-31
dc.description.abstractEl gobierno corporativo es un mecanismo clave para fomentar la sostenibilidad de las pymes familiares, al promover la toma de decisiones eficaz, el control adecuado, la participación equilibrada y la gestión de conflictos. Este estudio propone un modelo de gobierno corporativo teórico adaptado a las pymes familiares colombianas, desarrollado a través de una investigación cualitativa en tres etapas: revisión teórica, diseño del modelo y validación con expertos. El modelo propuesto se estructura en cuatro componentes clave: elementos transversales, gobierno de la propiedad, gobierno de la empresa y gobierno de la familia. Los elementos transversales incluyen aspectos fundamentales como el propósito y los valores familiares, que guían la toma de decisiones, y la identificación de los grupos de interés más allá de los accionistas, como empleados, proveedores y clientes. Además, se promueve la formación y profesionalización de la empresa, mediante la implementación de políticas claras y procedimientos formales, así como el protocolo familiar, que regula la relación entre la familia, la propiedad y la empresa, abordando temas como sucesión, distribución de beneficios y resolución de conflictos.spa
dc.description.abstractCorporate governance is a key mechanism for fostering the sustainability of family SMEs by promoting effective decision-making, adequate control, balanced participation and conflict management. This study proposes a theoretical corporate governance model adapted to Colombian family SMEs, developed through qualitative research in three stages: theoretical review, model design and validation with experts.The proposed model is structured into four key components: transversal elements, property governance, business governance, and family governance. The transversal elements include fundamental aspects such as the family purpose and values that guide decision-making, and the identification of stakeholders beyond shareholders, such as employees, suppliers, and customers. Additionally, the model promotes the professionalization and formation of the business by implementing clear policies and formal procedures, along with the family protocol that regulates the relationship between the family, property, and the business, addressing issues such as succession, profit distribution, and conflict resolution.eng
dc.description.degreelevelDoctoradospa
dc.description.degreenameDoctor en Gestiónspa
dc.description.tableofcontentsCAPÍTULO I. CONTEXTUALIZACIÓN 1 Introducción 1 Planteamiento del Problema 4 Justificación 5 Objetivos 7 Objetivo General 7 Objetivos Específicos 7 Preguntas de Investigación 7 Preguntas Alternativas para Objetivo Específico 1 8 Preguntas Alternativas para Objetivo Específico 2 8 Preguntas Alternativas para Objetivo Específico 3 8 Delimitación de la Investigación 9 CAPÍTULO II. MARCO TEÓRICO 11 Gobierno Corporativo 11 Origen del Gobierno Corporativo 12 Evolución del Gobierno Corporativo 15 Tipos de Sistemas de Gobierno Corporativo 22 Mecanismos del Gobierno Corporativo 26 Gobierno Corporativo en Colombia 29 Empresas Familiares 30 Definición de Empresa Familiar 32 Modelos para Comprender las Empresas Familiares 34 Elementos Distintivos en las Empresas Familiares …….………………………………..…44 Profesionalización de la empresa familiar 51 Los grupos de interés en las empresas familiares 54 La Empresa Familiar en Colombia: Antecedentes, Reflexiones y Retos 57 Gobierno Corporativo en Empresas Familiares Colombianas 61 Modelos de Gobierno Corporativo en las Empresas Familiares 62 La Toma de Decisiones en la Empresa Familiar 67 Desafíos y Métodos de Gestión en la Empresa Familiar 71 El Liderazgo Como Búsqueda del Buen Gobierno 80 Problemas en la Toma de Decisiones Financieras en las Empresas Familiares 81 CAPÍTULO III. MARCO METODOLÓGICO DE LA INVESTIGACIÓN 85 Alcance de la Investigación 85 Enfoque de Investigación 85 Estrategia de la Investigación 86 Identificación de literatura relevante 86 Construcción del modelo 86 Validación del modelo 87 CAPÍTULO IV. IDENTIFICACIÓN DE LITERATURA RELEVANTE 88 Metodología Para la Revisión de Literatura 88 El Gobierno en la Propiedad 89 El Gobierno en la Empresa 92 El Gobierno en la Familia 112 CAPÍTULO V. MODELO DE GOBIERNO CORPORATIVO PARA PYMES FAMILIARES ……………………………………………………………………………………………..120 Formulación del Modelo 120 Proposiciones para la construcción del modelo 121 Gobierno de la Propiedad 125 Gobierno de la Empresa 136 Gobierno de la Familia 147 Elementos Transversales 152 CAPÍTULO VI. VALIDACIÓN DEL MODELO 160 Metodología de la Validación 160 Resultados del Instrumento de Validación-Primera Ronda de Revisión 162 Resultados para los Elementos Transversales 162 Resultados para el Gobierno de la Propiedad 169 Resultados para el Gobierno de la Empresa 176 Resultados para el Gobierno de la Familia 185 Propuesta Ajustada para el Modelo de Gobierno Corporativo: Primera Ronda de Revisión 191 Resultados del Instrumento de Validación-Segunda Ronda de Revisión 195 CAPÍTULO VII. CONCLUSIONES, LIMITACIONES, IMPLICACIONES PRÁCTICAS Y RECOMENDACIONES 197 Conclusiones 197 Limitaciones 201 Implicaciones Prácticas y Recomendaciones 202 Líneas Futuras de Investigación 204 REFERENCIAS 206 ANEXOS 247 Anexo 1. Instrumento para Validación del Modelo-Elementos Transversales 247 Anexo 2. Instrumento para Validación del Modelo-Gobierno de la Propiedad 248 Anexo 3. Instrumento para Validación del Modelo-Gobierno de la Empresa 249 Anexo 4. Instrumento para Validación del Modelo-Gobierno de la Familia 251spa
dc.formatpdf
dc.format.extent269 páginas
dc.format.mediumRecurso electrónicospa
dc.format.mimetypeapplication/pdf
dc.identifier.instnameinstname:Universidad Eanspa
dc.identifier.localBDM-DG
dc.identifier.reponamereponame:Repositorio Institucional Minervaspa
dc.identifier.repourlrepourl:https://repository.universidadean.edu.co/
dc.identifier.urihttps://hdl.handle.net/10882/15149
dc.language.isospa
dc.publisherUniversidad Ean
dc.publisher.facultyFacultad de Administración, Finanzas y Ciencias Económicas
dc.publisher.placeBogotá, Colombia
dc.publisher.programDoctorado en Gestiónspa
dc.relation.referencesAbbott, L. J., Park, Y., & Parker, S. (2000). The effects of audit committee activity and independence on corporate fraud. Managerial Finance, 26(11), 55–68.
dc.relation.referencesAbbott, L. J., Parker, S., & Presley, T. J. (2012). Female board presence and the likelihood of financial restatement. Accounting Horizons, 26(4), 607–629.
dc.relation.referencesAbor, J., & Biekpe, N. (2007). Corporate governance, ownership structure and performance of SMEs in Ghana: implications for financing opportunities. Corporate Governance: The International Journal of Business in Society, 7(3), 288–300.
dc.relation.referencesAchmad, T., Rusmin, R., Neilson, J., & Tower, G. (2008). The iniquitous influence of family ownership structures on corporate performance. The Journal of Global Business Issues, 3(1).
dc.relation.referencesAcosta de Mavárez, A., Molina, C., Andino, T., Andino, T. S. y Rodriguez, V. E. (2019). Sistema familiar y continuidad de las empresas familiares. Revista de Ciencias Sociales, 25(4), 25.
dc.relation.referencesAdams, R. B., & Ferreira, D. (2009). Women in the boardroom and their impact on governance and performance. Journal of Financial Economics, 94(2), 291–309.
dc.relation.referencesAdams, R. B., & Mehran, H. (2012). Bank board structure and performance: Evidence for large bank holding companies. Journal of Financial Intermediation, 21(2), 243–267.
dc.relation.referencesAgrawal, A., & Knoeber, C. R. (1996). Firm performance and mechanisms to control agency problems between managers and shareholders. Journal of Financial and Quantitative Analysis, 31(03), 377–397. https://doi.org/10.2307/2331397
dc.relation.referencesAguilera, R. V. (2005). Corporate governance and director accountability: An institutional comparative perspective. British Journal of Management, 16, S39–S53. https://doi.org/10.1111/j.1467-8551.2005.00446.x
dc.relation.referencesAkram, F., & Abrar Ul Haq, M. (2022). Integrating agency and resource dependence theories to examine the impact of corporate governance and innovation on firm performance. Cogent Business & Management, 9(1), 2152538.
dc.relation.referencesAl Farooque, O., Buachoom, W., & Sun, L. (2020). Board, audit committee, ownership and financial performance–emerging trends from Thailand. Pacific Accounting Review, 32(1), 54–81.
dc.relation.referencesAllouche, J., Amann, B., Jaussaud, J., & Kurashina, T. (2008). The impact of family control on the performance and financial characteristics of family versus nonfamily businesses in Japan: a matched‐pair investigation. Family Business Review, 21(4), 315–329.
dc.relation.referencesAl-Manaseer, M. F. A., Al-Hindawi, R. M., Al-Dahiyat, M. A., & Sartawi, I. I. (2012). The impact of corporate governance on the performance of Jordanian banks. European Journal of Scientific Research, 67(3), 349–359.
dc.relation.referencesAl-Matari, E. M., Al-Swidi, A. K., & Fadzil, F. H. (2014). The effect of board of directors characteristics, audit committee characteristics and executive committee characteristics on firm performance in Oman: An empirical study. Asian Social Science, 10(11), 149–171.
dc.relation.referencesAl-Okaily, J., & Naueihed, S. (2020). Audit committee effectiveness and family firms: impact on performance. Management Decision, 58(6), 1021–1034.
dc.relation.referencesAlzeban, A. (2020). The relationship between the audit committee, internal audit and firm performance. Journal of Applied Accounting Research, 21(3), 437–454.
dc.relation.referencesAmaral-Baptista, M. A., Klotzle, M. C., & de Melo, M. A. C. (2011). CEO duality and firm performance in Brazil: evidence from 2008. Revista Pensamento Contemporâneo Em Administração, 5(1), 24–37. https://doi.org/10.12712/rpca.v5i1.18
dc.relation.referencesAmat, J. (2004). La continuidad de la empresa familiar. Gestión 2000.
dc.relation.referencesAmin, A., Ali, R., Naseem, M. A., & Ahmad, M. I. (2022). Female presence in corporate governance, firm performance, and the moderating role of family ownership. Economic Research-Ekonomska Istraživanja, 35(1), 929–948.
dc.relation.referencesAmore, M. D., Garofalo, O., & Minichilli, A. (2014). Gender interactions within the family firm. Management Science, 60(5), 1083–1097.
dc.relation.referencesAmran, N. A., & Ahmad, A. C. (2010). Family succession and firm performance among Malaysian companies. International Journal of Business and Social Science, 1(2).
dc.relation.referencesAnderson, R. C., Duru, A., & Reeb, D. M. (2009). Founders, heirs, and corporate opacity in the United States. Journal of Financial Economics, 92(2), 205–222.
dc.relation.referencesAraya, A. (2012). El proceso de sucesión en la empresa familiar y su impacto en la organización. TEC Empresarial, 6 (2), 29-39.
dc.relation.referencesAraya Leandro, A. (2017). Modelos de planeación estratégica en las empresas familiares. Tec Empre, 23-34.
dc.relation.referencesAnderson, R. C., Duru, A., & Reeb, D. M. (2009). Founders, heirs, and corporate opacity in the United States. Journal of Financial Economics, 92(2), 205–222.
dc.relation.referencesAnderson, R. C., & Reeb, D. M. (2003). Founding family ownership and firm performance: evidence from the S&P 500. The Journal of Finance, 58(3), 1301–1328. https://doi.org/10.1111/1540-6261.00567
dc.relation.referencesAndres, C. (2008). Large shareholders and firm performance—An empirical examination of founding-family ownership. Journal of Corporate Finance, 14(4), 431–445. https://doi.org/10.1016/j.jcorpfin.2008.05.003
dc.relation.referencesArioglu, E. (2020). Female board members: the effect of director affiliation. Gender in Management: An International Journal, 35(2), 225–254.
dc.relation.referencesAronoff, C. (2001). Understanding family-business survival statistics. Supply House Times, 44(5), 34-60.
dc.relation.referencesAronoff, C., & Ward, J. (2016). Family business governance: Maximizing family and business potential. Springer.
dc.relation.referencesAronoff, C., & Ward, J. L. (2011). Family business values: How to assure a legacy of continuity and success. Palgrave Macmillan.
dc.relation.referencesArosa, B., Iturralde, T., & Maseda, A. (2013). The board structure and firm performance in SMEs: Evidence from Spain. Investigaciones Europeas de Dirección y Economía de La Empresa, 19(3), 127–135. https://doi.org/10.1016/j.iedee.2012.12.003
dc.relation.referencesAstrachan, J., Klein, P y Smyrnios, P. (2002) Emotional returns and emotional costs in privately held family businesses. Lex Nova
dc.relation.referencesAstrachan, J. H., & Kolenko, T. A. (1994). A neglected factor explaining family business success: Human resource practices. Family Business Review, 7(3), 251–262.
dc.relation.referencesAvendano, J., Kelly, L., Trevinyo, M. y Madero, S. (2009). A family-based competitive advantage: handling key success family factors in mexican family businesses. Cuadernos de Administración, 22 (39), 191-212.
dc.relation.referencesAzam, M. N., Hoque, M. Z., & Yeasmin, M. (2010). Audit committee and equity return: The case of Australian firms. International Review of Business Research Papers, 6(4), 202–208.
dc.relation.referencesBammens, Y., Voordeckers, W., & Van Gils, A. (2011). Boards of ors in family businesses: A literature review and research agenda. International Journal of Management Reviews, 13(2), 134–152
dc.relation.referencesBañegil, T., Hernández, R. y Barriuso, C. (2012) El protocolo familiar y sus instrumentos de desarrollo en las empresas familiares de Extremadura. Tourism & Management Studies, 8, 139-150.
dc.relation.referencesBarontini, R., & Caprio, L. (2006). The effect of family control on firm value and performance: Evidence from continental Europe. European Financial Management, 12(5), 689–723.
dc.relation.referencesBarrio, E. (2016). La gestión de la responsabilidad social corporativa. El caso Unilever España. [Tesis doctoral, Universitat Autónoma de Barcelona]. CORA. http://hdl.handle.net/10803/384844
dc.relation.referencesBarroso, A. y Barriuso, C. (2014) Las empresas familiares. https://www.unex.es/conoce-la uex/centros/eia/archivos/iag/2014/2014_04%20Las%20empresas%20familiares.pdf
dc.relation.referencesBarry, B. (1975) The development of organization structure in the family firm. Journal of General Management, 42-60
dc.relation.referencesBaysinger, B., & Butler, H. (1985). Corporate governance and the board of directors: Performance effects of changes in board composition. Journal of Law, Economics, & Organization, 1(1), 101–124. https://doi.org/10.1093/oxfordjournals.jleo.a036883
dc.relation.referencesBeasley, M. S., Carcello, J. V, Hermanson, D. R., & Lapides, P. D. (2000). Fraudulent financial reporting: Consideration of industry traits and corporate governance mechanisms. Accounting Horizons, 14(4), 441–454.
dc.relation.referencesBédard, J., Chtourou, S. M., & Courteau, L. (2004). The effect of audit committee expertise, independence, and activity on aggressive earnings management. Auditing: A Journal of Practice & Theory, 23(2), 13–35.
dc.relation.referencesBennedsen, M., Nielsen, K. M., Pérez-González, F., & Wolfenzon, D. (2007). Inside the family firm: The role of families in succession decisions and performance. The Quarterly Journal of Economics, 122(2), 647–691.
dc.relation.referencesBenson, B., Crego, E. T., & Drucker, R. (1990). Calling the family to order. In Family Business Magazine. https://www.familybusinessmagazine.com/calling-family-order
dc.relation.referencesBerent-Braun, M. M., & Uhlaner, L. M. (2012). Family governance practices and teambuilding: paradox of the enterprising family. Small Business Economics, 38(1), 103–119.
dc.relation.referencesBerrone, P., Cruz, C., & Gomez-Mejia, L. R. (2012). Socioemotional wealth in family firms: Theoretical dimensions, assessment approaches, and agenda for future research. Family Business Review, 25(3), 258–279. https://doi.org/10.1177/0894486511435355
dc.relation.referencesBertrand, M., & Schoar, A. (2006). The role of family in family firms. Journal of Economic Perspectives, 20(2), 73–96. https://doi.org/10.1257/jep.20.2.73
dc.relation.referencesBhagat, S., & Black, B. (2002). The non-correlation between board independence and long-term firm performance. Journal of Corporate Law, 27, 231–273. https://doi.org/10.2139/ssrn.133808
dc.relation.referencesBinacci, M., Peruffo, E., Oriani, R., & Minichilli, A. (2016). Are all non‐family managers (NFMs) equal? The impact of NFM characteristics and diversity on family firm performance. Corporate Governance: An International Review, 24(6), 569–583.
dc.relation.referencesBjuggren, P.-O., Nordström, L., & Palmberg, J. (2018). Are female leaders more efficient in family firms than in non-family firms? Corporate Governance: The International Journal of Business in Society, 18(2), 185–205.
dc.relation.referencesBlondell, C., Carlock, R., & Van der Heyden, L. (2000). Fair process: Seeking justice in family firms. Tradition or Enterprise in the New Economy, 33–46.
dc.relation.referencesBlumentritt, T. (2006). The relationship between boards and planning in family businesses. Family Business Review, 19(1), 65–72.
dc.relation.referencesBotero, I. C., Gomez-Betancourt, G., Betancourt, R. J. B., & Lopez, V. M. P. (2015). Family protocols as governance tools: Understanding why and how family protocols are important in family firms. Journal of Family Business Management, 5(2), 218–237.
dc.relation.referencesBrenes, E. R., Madrigal, K., & Molina-Navarro, G. E. (2006). Family business structure and succession: Critical topics in Latin American experience. Journal of Business Research, 59(3), 372–374.
dc.relation.referencesBrenes, E. R., Madrigal, K., & Requena, B. (2011). Corporate governance and family business performance. Journal of Business Research, 64(3), 280–285. https://doi.org/10.1016/j.jbusres.2009.11.013
dc.relation.referencesBrick, I. E., & Chidambaran, N. K. (2010). Board meetings, committee structure, and firm value. Journal of Corporate Finance, 16(4), 533–553.
dc.relation.referencesBrown, L. D., & Caylor, M. L. (2006). Corporate governance and firm valuation. Journal of Accounting and Public Policy, 25(4), 409–434.
dc.relation.referencesBuachoom, W. (2017). Simultaneous relationship between performance and executive compensation of Thai non-financial firms. Asian Review of Accounting, 25(3), 404–423.
dc.relation.referencesBurkart, M., Panunzi, F., & Shleifer, A. (2003). Family firms. The Journal of Finance, 58(5), 2167–2202.
dc.relation.referencesCabero, J., & Llorente, M. del C. (2013). La aplicación del juicio de experto como técnica de evaluación de las tecnologías de la información y comunicación (TIC). Revista Eduweb, 7(2), 11–22.
dc.relation.referencesCabeza, L. y Miñoz, A. (2010) Análisis del proceso de toma de decisiones, visión desde la Pyme y la gran empresa de Barranquilla. Cuadernos Latinoamericanos de Administración, 4(10), 9-40.
dc.relation.referencesCampbell, K., & Minguez Vera, A. (2010). Female board appointments and firm valuation: Short and long-term effects. Journal of Management & Governance, 14, 37–59.
dc.relation.referencesCarmeli, A., Gilat, G., & Waldman, D. A. (2007). The role of perceived organizational performance in organizational identification, adjustment and job performance. Journal of Management Studies, 44(6), 972–992.
dc.relation.referencesCarter, D. A., Simkins, B. J., & Simpson, W. G. (2003). Corporate governance, board diversity, and firm value. Financial Review, 38(1), 33–53.
dc.relation.referencesCasson, M. (1999). The economics of the family firm. Scandinavian Economic History Review, 47(1), 10–23.
dc.relation.referencesCavaco, S., Challe, E., Crifo, P., Rebérioux, A., & Roudaut, G. (2016). Board independence and operating performance: analysis on (French) company and individual data. Applied Economics, 48(52), 5093–5105. https://doi.org/10.1080/00036846.2016.1170936
dc.relation.referencesCennamo, C., Berrone, P., Cruz, C., & Gomez–Mejia, L. R. (2012). Socioemotional wealth and proactive stakeholder engagement: Why family–controlled firms care more about their stakeholders. Entrepreneurship Theory and Practice, 36(6), 1153–1173.
dc.relation.referencesChahal, H., & Sharma, A. K. (2022). Family involvement in ownership, management and firm performance: evidence from Indian listed companies. Indian Journal of Corporate Governance, 15(1), 26–47.
dc.relation.referencesChang, S., & Shim, J. (2015). When does transitioning from family to professional management improve firm performance? Strategic Management Journal, 36(9), 1297–1316.
dc.relation.referencesCharan, R., Hofer, C. W., & Mahon, J. F. (1980). From entrepreneurial to professional management: A set of guidelines. Journal of Small Business Management, 18(1), 1–10.
dc.relation.referencesChauhan, Y., & Dey, D. K. (2017). Do female directors really add value in Indian firms? Journal of Multinational Financial Management, 42, 24–36.
dc.relation.referencesCheng, Q. (2014). Family firm research–A review. China Journal of Accounting Research, 7(3), 149–163.
dc.relation.referencesChirico, F., & Bau’, M. (2014). Is the family an “asset”or “liability”for firm performance? The moderating role of environmental dynamism. Journal of Small Business Management, 52(2), 210–225.
dc.relation.referencesChittoor, R., & Das, R. (2007). Professionalization of management and succession performance—A vital linkage. Family Business Review, 20(1), 65–79.
dc.relation.referencesChrisman, J. J., Chua, J. H., & Litz, R. A. (2004). Comparing the agency costs of family and non family firms: Conceptual issues and exploratory evidence. Entrepreneurship Theory and Practice, 28(4), 335–354.
dc.relation.referencesChrisman, J. J., Chua, J. H., & Sharma, P. (2005). Trends and directions in the development of a strategic management theory of the family firm. Entrepreneurship Theory and Practice, 29(5), 555–575. https://doi.org/10.1111/j.1540-6520.2005.00098.x
dc.relation.referencesChristensen, J., Kent, P., & Stewart, J. (2010). Corporate governance and company performance in Australia. Australian Accounting Review, 20(4), 372–386. https://doi.org/10.1111/j.1835-2561.2010.00108.x
dc.relation.referencesChu, W. (2009). The influence of family ownership on SME performance: evidence from public firms in Taiwan. Small Business Economics, 33, 353–373
dc.relation.referencesChua, J. H., Chrisman, J. J., Steier, L. P., & Rau, S. B. (2012). Sources of heterogeneity in family firms: An introduction. Entrepreneurship Theory and Practice, 36(6), 1103–1113. https://doi.org/10.1111/j.1540-6520.2012.00540.x
dc.relation.referencesChua, N., Miska, C., Mair, J., & Stahl, G. K. (2024). Purpose in management research: navigating a complex and fragmented area of study. Academy of Management Annals, 18(2), 755–787.
dc.relation.referencesClaessens, S., Djankov, S., Fan, J. P. H., & Lang, L. H. P. (2002). Disentangling the incentive and entrenchment effects of large shareholdings. The Journal of Finance, 57(6), 2741–2771.
dc.relation.referencesClark, T. S. (2010). Recognizing and raising professionalism behaviors within the culture of business undergraduates: Working paper series--10-10.
dc.relation.referencesColli, A. y Rose, M. (2008) Family Business. Oxford University Press.
dc.relation.referencesConger, J. A., Finegold, D., & Lawler, E. E. (1998). Appraising boardroom performance. Harvard Business Review, 76, 136–164.
dc.relation.referencesCorbetta, G. (2008). Learning from practice: How to avoid mistakes in succession processes. En J. Tapies y J. Ward (eds.), Family values and value creation (pp. 9-28). Palgrave MacMillan.
dc.relation.referencesCorbetta, G., & Salvato, C. (2004). Self‐serving or self‐actualizing? Models of man and agency costs in different types of family firms: A commentary on “comparing the agency costs of family and non‐family firms: Conceptual issues and exploratory evidence” Entrepreneurship Theory and Practice, 28(4), 355–362. https://doi.org/10.1111/j.1540-6520.2004.00050.x
dc.relation.referencesCorrea, D., Quintero, J., Gómez, S. y Castro, C. (2020). El gobierno corporativo, un pilar indispensable para el desempeño financiero. Universidad y Empresa, 22(38), 40-64. https://doi.org/10.12804/revistas.urosario.edu.co/empresa/a.6975
dc.relation.referencesCraig, J., & Moores, K. (2002). How Australia’s Dennis Family Corp. professionalized its family business. Family Business Review, 15(1), 59–70.
dc.relation.referencesCronqvist, H., & Nilsson, M. (2003). Agency costs of controlling minority shareholders. Journal of Financial and Quantitative Analysis, 38(4), 695–719.
dc.relation.referencesCruz, C. C., Gómez-Mejia, L. R., & Becerra, M. (2010). Perceptions of benevolence and the design of agency contracts: CEO-TMT relationships in family firms. Academy of Management Journal, 53(1), 69–89.
dc.relation.referencesCruz, C., Larraza-Kintana, M., Garcés-Galdeano, L., & Berrone, P. (2014). Are family firms really more socially responsible? Entrepreneurship Theory and Practice, 38(6), 1295–1316.
dc.relation.referencesCucculelli, M., & Micucci, G. (2008). Family succession and firm performance: Evidence from Italian family firms. Journal of Corporate Finance, 14(1), 17–31.
dc.relation.referencesCyert, R. y March, J. (1963). Behavorial Theory of the Firm. Englewood Cliffs.
dc.relation.referencesDahya, J., Garcia, L. G., & Van Bommel, J. (2009). One man two hats: What’s all the commotion! Financial Review, 44(2), 179–212. https://doi.org/10.1111/j.1540-6288.2009.00215.x
dc.relation.referencesDalton, C. M., & Dalton, D. R. (2005). Boards of Directors: Utilizing Empirical Evidence in Developing Practical Prescriptions. British Journal of Management, 16, 91–97. http://10.0.4.87/j.1467-8551.2005.00450.x
dc.relation.referencesDalton, D. R., Daily, C. M., Ellstrand, A. E., & Johnson, J. L. (1998). Board composition, leadership structure, and financial performance: Meta-analytic reviews and research agenda. Strategic Management Journal, 19(3), 269–290.
dc.relation.referencesDalziel, T., Gentry, R. J., & Bowerman, M. (2011). An integrated agency–resource dependence view of the influence of directors’ human and relational capital on firms’ R&D spending. Journal of Management Studies, 48(6), 1217–1242.
dc.relation.referencesDana, L. E., & Smyrnios, K. X. (2010). Family business best practices: Where from and where to? Journal of Family Business Strategy, 1(1), 40–53.
dc.relation.referencesDavid, F. (2013). Conceptos de administración estratégica. Editorial Pearson
dc.relation.referencesDavis, J. H., Schoorman, F. D., & Donaldson, L. (1997). Toward a stewardship theory of management. Academy of Management Review, 22(1), 20–47. https://doi.org/10.2307/259223
dc.relation.referencesDavis, J. (1982) La influencia de la etapa de vida en las relaciones laborales padre-hijo en las empresas familiares. University Microfilms International.
dc.relation.referencesDavis, P., & Harveston, P. (2001). The phenomenon of substantive conflict in the family firm: A cross‐generational study. Journal of Small Business Management, 39(1), 14–30.
dc.relation.referencesDe Vries, M. F. R. K. (1993). The dynamics of family controlled firms: The good and the bad news. Organizational Dynamics, 21(3), 59–71. https://doi.org/10.1016/0090-2616(93)90071-8
dc.relation.referencesDeAngelo, H., & DeAngelo, L. (2000). Controlling stockholders and the disciplinary role of corporate payout policy: A study of the Times Mirror Company. Journal of Financial Economics, 56(2), 153–207.
dc.relation.referencesDechow, P. M., Sloan, R. G., & Sweeney, A. P. (1996). Causes and consequences of earnings manipulation: An analysis of firms subject to enforcement actions by the SEC. Contemporary Accounting Research, 13(1), 1–36. https://doi.org/10.1111/j.1911-3846.1996.tb00489.x
dc.relation.referencesDekker, J., Lybaert, N., Steijvers, T., & Depaire, B. (2015). The effect of family business professionalization as a multidimensional construct on firm performance. Journal of Small Business Management, 53(2), 516–538.
dc.relation.referencesDe la Garza, M; Medina, J., Chein, N., Jiménes, K., Ayup, J. y Díaz, J. (2011) Los valores y la empresa familiares en el Nordeste de México. Cuadernos de Administración, 24 (42), 315-333.
dc.relation.referencesDeloitte (2011) Modelo Institucional en la Empresa Familiar. https://www2.deloitte.com/content/dam/Deloitte/mx/Documents/risk/Gobierno-Corporativo/modelo-institucional-empresa-familiar.pdf
dc.relation.referencesDemsetz, H. (1983). The structure of ownership and the theory of the firm. The Journal of Law and Economics, 26(2), 375–390.
dc.relation.referencesDemsetz, H., & Lehn, K. (1985). The structure of corporate ownership: Causes and consequences. Journal of Political Economy, 93(6), 1155–1177.
dc.relation.referencesDiéguez‐Soto, J., Duréndez, A., García‐Pérez‐de‐Lema, D., & Ruiz‐Palomo, D. (2016). Technological, management, and persistent innovation in small and medium family firms: The influence of professionalism. Canadian Journal of Administrative Sciences/Revue Canadienne Des Sciences de l’Administration, 33(4), 332–346.
dc.relation.referencesDimitratos, P., & Jones, M. V. (2005). Future directions for international entrepreneurship research. International Business Review, 14(2), 119–128.
dc.relation.referencesDogan, M., Elitas, B. L., Agca, V., & Ögel, S. (2013). The impact of CEO duality on firm performance: Evidence from Turkey. International Journal of Business and Social Science, 4(2), 149–155.
dc.relation.referencesDonaldson, L. (2008). Ethics Problems and Problems with Ethics: Toward a ProManagement Theory. Journal of Business Ethics, 78, 299-311. https://doi.org/10.1007/s10551-006-9336-6
dc.relation.referencesDonnelley, R. (1964). The family business. Harvard Business Review 4 (2), 149-160.
dc.relation.referencesDuran, J., San Martín, J. (2013) Estudio comparativo de la empresa familiar en México en el Contexto Mundial. RECAI - Revista de Estudios en Contaduría, Administración e Informática, 21-34.
dc.relation.referencesDyer, W. (2003). The family: The missing variable in organizational research. Entrepreneurship Theory and Practice, 27(4), 401-416. https://doi.org/10.1111/1540-8520.00018
dc.relation.referencesDyer, G. (2006). Examining the “family effect” on firm performance. Family Business Review, 19(4), 253–273. https://doi.org/10.1111/j.1741-6248.2006.00074.x
dc.relation.referencesDyer, W. G. (1989). Integrating professional management into a family owned business. Family Business Review, 2(3), 221–235.
dc.relation.referencesEddleston, K. A., Kellermanns, F. W., Floyd, S. W., Crittenden, V. L., & Crittenden, W. F. (2013). Planning for growth: Life stage differences in family firms. Entrepreneurship Theory and Practice, 37(5), 1177–1202.
dc.relation.referencesEisenberg, T., Sundgren, S., & Wells, M. T. (1998). Larger board size and decreasing firm value in small firms. Journal of Financial Economics, 48(1), 35–54.
dc.relation.referencesEl-Chaarani, H., & Abraham, R. (2022). The impact of corporate governance and political connectedness on the financial performance of Lebanese banks during the financial crisis of 2019–2021. Journal of Risk and Financial Management, 15(5), 203.
dc.relation.referencesEluyela, D. F., Akintimehin, O. O., Okere, W., Ozordi, E., Osuma, G. O., Ilogho, S. O., & Oladipo, O. A. (2018). Board meeting frequency and firm performance: examining the nexus in Nigerian deposit money banks. Heliyon, 4(10).
dc.relation.referencesEpstein, M. J., & Roy, M. (2005). Evaluating and monitoring CEO performance: evidence from US compensation committee reports. Corporate Governance: The International Journal of Business in Society, 5(4), 75–87.
dc.relation.referencesErah, D. O., Samuel, E., & Izedonmi, F. (2012). Chief executive officer duality and financial performance of firms in Nigeria. International Journal of Business and Social Research (IJBSR), 2(6), 125–134.
dc.relation.referencesEspinosa, C. (2018) Incidencia de los estilos de toma de decisiones en la relación entre liderazgo y desempeño organizacional en un grupo de directivos de Colombia, Ecuador y Perú [Tesis de grado]. Universidad del Rosario.
dc.relation.referencesEstrada, M. (2012). ¿Cuál es la importancia del gobierno corporativo en las empresas mexicanas? [tesis de maestría, Instituto Tecnológico y de Estudios Superiores de Occidente]. Repositorio ITESO. http://hdl.handle.net/11117/342
dc.relation.referencesFaccio, M., Lang, L. H. P., & Young, L. (2001). Dividends and expropriation. American Economic Review, 91(1), 54–78.
dc.relation.referencesFahed‐Sreih, J. (2008). An exploratory study on a new corporate governance mechanism: Evidence from small family firms. Management Research News, 32(1), 50–61.
dc.relation.referencesFaleye, O. (2007). Does one hat fit all? The case of corporate leadership structure. Journal of Management & Governance, 11(3), 239–259. https://doi.org/10.1007/s10997-007-9028-3
dc.relation.referencesFaller, C. M., & Zu Knyphausen-Aufseß, D. (2018). Does equity ownership matter for corporate social responsibility? A literature review of theories and recent empirical findings. Journal of Business Ethics, 150(1), 15–40.
dc.relation.referencesFama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. The Journal of Law & Economics, 26(2), 301–325. https://doi.org/10.1086/467037
dc.relation.referencesFang, T. (2012). Yin Yang: A new perspective on culture. Management and organization Review, 8(1), 25-50.
dc.relation.referencesFang, H. “chevy,” Memili, E., Chrisman, J. J., & Penney, C. (2017). Industry and information asymmetry: The case of the employment of non‐family managers in small and medium‐sized family firms. Journal of Small Business Management, 55(4), 632–648.
dc.relation.referencesFariha, R., Hossain, M. M., & Ghosh, R. (2022). Board characteristics, audit committee attributes and firm performance: empirical evidence from emerging economy. Asian Journal of Accounting Research, 7(1), 84–96.
dc.relation.referencesFėlix, E. G. S., & David, D. S. T. (2019). Performance of family-owned firms: the impact of gender at the management level. Journal of Family Business Management, 9(2), 228–250.
dc.relation.referencesFernández-Ortiz, R., Rodríguez, O. J. E., & Ruiz-Olalla, C. M. C. (2007). Papel de los outsiders en la empresa familiar. Investigaciones Europeas de Dirección de La Empresa (IEDEE), 13(1), 117–129.
dc.relation.referencesFernández Pérez, P. y Lluch, A. (2015). Familias empresarias y grandes empresas familiares en América y España. Fundación BBVA.
dc.relation.referencesFernández, J. (2007). Protocolo familiar y pactos sucesorios. Revista para el Análisis del Derecho, 3, 1-36. https://dialnet.unirioja.es/servlet/articulo?codigo=2328912
dc.relation.referencesFernández, J. y Bajo, A. (2012). La Teoría del Stakeholder o de los grupos de interés, pieza clave de la RSE, del éxito empresarial y de la sostenibilidad. Revista Internacional de Investigación en Comunicación, 6(6), 130-143.
dc.relation.referencesFilatotchev, I., Lien, Y.-C., & Piesse, J. (2005). Corporate governance and performance in publicly listed, family-controlled firms: Evidence from Taiwan. Asia Pacific Journal of Management, 22, 257–283.
dc.relation.referencesFinegold, D., Benson, G. S., & Hecht, D. (2007). Corporate boards and company performance: Review of research in light of recent reforms. Corporate Governance: An International Review, 15(5), 865–878.
dc.relation.referencesFlores, J. y Rozas, A. (2008). El gobierno corporativo: un enfoque moderno. Quipukamayoc, 15(29),8-22. https://doi.org/10.15381/quipu.v15i29.2065
dc.relation.referencesFogelberg, G. (1980). Ownership and control in 43 of New Zealand’s largest companies. New Zealand Journal of Business, 2, 54-78.
dc.relation.referencesFranks, J. y Mayer, C. (1996). Hostile takeovers and the correction of managerial failure. Journal of Financial Economics, 40(1), 163-181. https://doi.org/10.1016/0304-405X(95)00840-B
dc.relation.referencesFreeman, R. E. (1984). Strategic management: A stakeholder approach. Pitman Press.
dc.relation.referencesFriedman, M. (1970). The social responsibility of business is to increase its profits. In The New York Times Magazine. http://umich.edu/~thecore/doc/Friedman.pdf
dc.relation.referencesGabrielsson, J., & Huse, M. (2005). Outside directors in SME boards: A call for theoretical reflections. Corporate Board: Role, Duties and Composition, 1(1), 28–37. https://doi.org/10.22495/cbv1i1art3
dc.relation.referencesGanga, F. y Vera, J. (2008). El gobierno corporativo: consideraciones y cimentos teóricos. Cuadernos de Administración, 21(35), 93–126.
dc.relation.referencesGallo, M. Á., & Kenyon-Rouvinez, D. (2005). The Importance of Family and Business Governance. In Family Business. A Family Business Publication (pp. 45–57). Palgrave Macmillan.
dc.relation.referencesGalve-Górriz, C., & Salas-Fumás, V. (2011). Growth strategies, professionalization, ownership structure and performance across generations of a family firm. African Journal of Business Management, 5(9), 3589.
dc.relation.referencesGarcía-Ramos, R., & García-Olalla, M. (2011). Board characteristics and firm performance in public founder-and nonfounder-led family businesses. Journal of Family Business Strategy, 2(4), 220–231.
dc.relation.referencesGarcía, M. (2003). El gobierno corporativo y las decisiones de crecimiento empresarial: evidencia en las cajas de ahorros españolas. Biblioteca Universitaria.
dc.relation.referencesGarcía, T., Ileana, G. (2005) Estudio de empresas familiares en escenarios partiendo del modelo evolutivo tridimensional. Omnia, 11(2), 29-52.
dc.relation.referencesGarde, H. (2012). Modelos de gobierno corporativo. Enfoques: Contabilidad y Administración, 3, 111-119. https://core.ac.uk/download/pdf/32624576.pdf
dc.relation.referencesGarzón, M. (2021). El concepto de gobierno corporativo. Visión de Futuro, 25(2), 154-177. https://rid.unam.edu.ar/handle/20.500.12219/3559
dc.relation.referencesGedajlovic, E., Lubatkin, M. H., & Schulze, W. S. (2004). Crossing the threshold from founder management to professional management: A governance perspective. Journal of Management Studies, 41(5), 899–912. https://doi.org/10.1111/j.1467-6486.2004.00459.x
dc.relation.referencesGersick, K. E. (1997). Generation to generation: Life cycles of the family business. Harvard Business School Press.
dc.relation.referencesGersick, K. E., & Feliu, N. (2014). Governing the family enterprise: Practices, performance, and research. In L. Melin, M. Nordqvist, & P. Sharma (Eds.), The SAGE handbook of family business (pp. 196–225). SAGE Publications Ltd.
dc.relation.referencesGibson, K. (2000). The moral basis of stakeholder theory. Journal of Business Ethics, 245–257.
dc.relation.referencesGill, S., & Kaur, P. (2015). Family involvement in business and financial performance: a panel data analysis. Vikalpa, 40(4), 395–420.
dc.relation.referencesGnan, L., Montemerlo, D., & Huse, M. (2015). Governance systems in family SMEs: The substitution effects between family councils and corporate governance mechanisms. Journal of Small Business Management, 53(2), 355–381.
dc.relation.referencesGimeno, A., & Parada, M. J. (2013). Professionalization of the family business: decision-making domains. In P. Sharma, P. Sieger, R. S. Nason, L. A. C. Gonzalez, & K. Ramachandran (Eds.), Exploring Transgenerational Entrepreneurship. Edward Elgar Publishing.
dc.relation.referencesGómez-Betancourt, G., López, V. M. P., Betancourt, R. J. B., & Millán, P. J. O. (2012). Estudio sobre el desempeño de las empresas familiares colombianas que cotizan en la bolsa de valores, frente a las empresas no familiares. Entramado, 8(1), 28–42.
dc.relation.referencesGómez-Betancourt, G., & Zapata-Cuervo, N. (2013). Gobierno Corporativo: Una comparación de códigos de gobierno en el mundo, un modelo para empresas latinoaméricanas familiares y no familiares. Entramado, 9(2), 98–117.
dc.relation.referencesGomez-Mejia, L. R., Cruz, C., Berrone, P., & De Castro, J. (2011). The bind that ties: Socioemotional wealth preservation in family firms. Academy of Management Annals, 5(1), 653–707. https://doi.org/10.1080/19416520.2011.593320
dc.relation.referencesGómez-Mejía, L. R., Haynes, K. T., Núñez-Nickel, M., Jacobson, K. J. L., & Moyano-Fuentes, J. (2007). Socioemotional wealth and business risks in family-controlled firms: Evidence from Spanish olive oil mills. Administrative Science Quarterly, 52(1), 106–137. https://doi.org/10.2189/asqu.52.1.106
dc.relation.referencesGomez-Mejia, L. R., Larraza-Kintana, M., & Makri, M. (2003). The determinants of executive compensation in family-controlled public corporations. Academy of Management Journal, 46(2), 226–237.
dc.relation.referencesGomez-Mejia, L. R., Nunez-Nickel, M., & Gutierrez, I. (2001). The role of family ties in agency contracts. Academy of Management Journal, 44(1), 81–95.
dc.relation.referencesGómez, G., Zapata, N. y Betancourt, J. (2016). Prácticas sugeridas e implementadas por empresas familiares y no familiares colombianas. Entramado, 12(2), 12-29. https://www.redalyc.org/journal/2654/265449670002/html/
dc.relation.referencesGonzález, M., Guzmán, A., Pablo, E., & Trujillo, M. A. (2020). Does gender really matter in the boardroom? Evidence from closely held family firms. Review of Managerial Science, 14, 221–267.
dc.relation.referencesGonzález-Cruz, T., Clemente-Almendros, J. A., & Puig-Denia, A. (2021). Family governance systems: the complementary role of constitutions and councils. Economic Research-Ekonomska Istraživanja, 34(1), 3139–3165.
dc.relation.referencesGordini, N., & Rancati, E. (2017). Gender diversity in the Italian boardroom and firm financial performance. Management Research Review, 40(1), 75–94.
dc.relation.referencesGoyzueía, S. (2013). Modelo de gestión para las empresas familiares con perspectivas de crecimiento y sostenibilidad. Perspectivas, 31, 87-132. https://www.redalyc.org/pdf/4259/425941261003.pdf
dc.relation.referencesGray, S., & Nowland, J. (2013). Is prior director experience valuable? Accounting & Finance, 53(3), 643–666.
dc.relation.referencesGreenbury, R. (1995). Directors' Remuneration: Report of a study group chaired by Sir Richard Greenbury. Gee Publishing.
dc.relation.referencesGuldiken, O., Mallon, M. R., Fainshmidt, S., Judge, W. Q., & Clark, C. E. (2019). Beyond tokenism: How strategic leaders influence more meaningful gender diversity on boards of directors. Strategic Management Journal, 40(12), 2024–2046.
dc.relation.referencesGupta, P., & Chauhan, S. (2023). Dynamics of corporate governance mechanisms-family firms’ performance relationship-a meta-analytic review. Journal of Business Research, 154, 113299.
dc.relation.referencesGupta, V., & Levenburg, N. (2010). A thematic analysis of cultural variations in family businesses: The CASE project. Family Business Review, 23(2), 155–169
dc.relation.referencesHabbershon, T. G., & Astrachan, J. H. (1997). Research note perceptions are reality: How family meetings lead to collective action. Family Business Review, 10(1), 37–52.
dc.relation.referencesHakimah, Y., Pratama, I., Fitri, H., Ganatri, M., & Sulbahrie, R. A. (2019). Impact of Intrinsic Corporate Governance on Financial Performance of Indonesian SMEs. International Journal of Innovation, Creativity and Change Vol, 7(1), 32–51.
dc.relation.referencesHall, A., Melin, L., & Nordqvist, M. (2001). Entrepreneurship as radical change in the family business: Exploring the role of cultural patterns. Family Business Review, 14(3), 193–208. https://doi.org/10.1111/j.1741-6248.2001.00193.x
dc.relation.referencesHamberg, M., Andre Fagerland, E., & Kvamme Nilsen, K. (2013). Founding‐family firms and the creation of value: Swedish evidence. Managerial Finance, 39(10), 963–978.
dc.relation.referencesHammer, D. P. (2000). Professional attitudes and behaviors: the" A’s and B’s" of professionalism. American Journal of Pharmaceutical Education, 64(4), 455–464.
dc.relation.referencesHampel, R. (1998). Committee on corporate governance: the combined code.
dc.relation.referencesHandler, W. C. (1994). Succession in family business: A review of the research. Family Business Review, 7(2), 133–157.
dc.relation.referencesHaniffa, R., & Hudaib, M. (2006). Corporate governance structure and performance of Malaysian listed companies. Journal of Business Finance & Accounting, 33(7‐8), 1034–1062. https://doi.org/10.1111/j.1468-5957.2006.00594.x
dc.relation.referencesHansson, M., Liljeblom, E., & Martikainen, M. (2011). Corporate governance and profitability in family SMEs. The European Journal of Finance, 17(5–6), 391–408.
dc.relation.referencesHarris, M., & Raviv, A. (2008). A theory of board control and size. The Review of Financial Studies, 21(4), 1797–1832.
dc.relation.referencesHaynes, K. T., & Hillman, A. (2010). The effect of board capital and CEO power on strategic change. Strategic Management Journal, 31(11), 1145–1163.
dc.relation.referencesHemphill, T. A., Kelley, K. E., & Cullari, F. (2021). The ascendancy of stakeholder capitalism: What is its meaning for corporate governance?. Journal of General Management, 46(4), 262-273.
dc.relation.referencesHermalin, B. E., & Weisbach, M. S. (2003). Boards of directors as an endogenously determined institution: A survey of the economic literature. FRBNY Economic Policy Review, 9(1), 7–26.
dc.relation.referencesHernández-Sampieri, R., Fernández, C., & Batista, P. (2014). Metodología de la Investigación (4th ed.). McGraw-Hill Interamericana.
dc.relation.referencesHerrera, W. (2001). El buen gobierno corporativo. Ventajas de la implantación de un sistema ético para el gobierno de las sociedades mercantiles. Revista de derecho, 16(1), 173-200.
dc.relation.referencesHiebl, M. R. W., & Li, Z. (2018). Non-family managers in family firms: review, integrative framework and future research agenda. Review of Managerial Science, 14(4), 763–807.
dc.relation.referencesHiebl, M. R. W., & Mayrleitner, B. (2019). Professionalization of management accounting in family firms: the impact of family members. Review of Managerial Science, 13(5), 1037–1068.
dc.relation.referencesHillman, A. J. (2015). Board diversity: Beginning to unpeel the onion. Corporate Governance: An International Review, 23(2), 104–107.
dc.relation.referencesHillman, A. J., & Dalziel, T. (2003). Boards of directors and firm performance: Integrating agency and resource dependence perspectives. Academy of Management Review, 28(3), 383–396. https://doi.org/10.5465/amr.2003.10196729
dc.relation.referencesHinna, A., & Monteduro, F. (2017). Boards, governance and value creation in grant-giving foundations. Journal of Management & Governance, 21(4), 935–961. https://doi.org/10.1007/s10997-016-9370-4
dc.relation.referencesHolderness, C. G., & Sheehan, D. P. (1988). The role of majority shareholders in publicly held corporations: An exploratory analysis. Journal of Financial Economics, 20, 317–346.
dc.relation.referencesHoworth, C., Rose, M., Hamilton, E., & Westhead, P. (2010). Family firm diversity and development: An introduction. International Small Business Journal, 28(5), 437–451.
dc.relation.referencesHuse, M. (1994). Board-management relations in small firms: The paradox of simultaneous independence and interdependence. Small Business Economics, 6(1), 55–72.
dc.relation.referencesJaffe, D. T., & Lane, S. H. (2004). Sustaining a family dynasty: key issues facing complex multigenerational business‐and investment‐owning families. Family Business Review, 17(1), 81–98.
dc.relation.referencesJaramillo, V. (2002) Las empresas familiares frente a la implementación de Sistemas de Control de Gestión. Forum Empresarial, 7 (2), 56-81.
dc.relation.referencesJaskiewicz, P., & Klein, S. (2007). The impact of goal alignment on board composition and board size in family businesses. Journal of Business Research, 60(10), 1080–1089.
dc.relation.referencesJawahar, I. M., & McLaughlin, G. L. (2001). Toward a descriptive stakeholder theory: An organizational life cycle approach. Academy of Management Review, 26(3), 397–414.
dc.relation.referencesJeffers, E. (2005). Corporate governance: Toward converging models? Global Finance Journal, 16(2), 221–232.
dc.relation.referencesJensen, M. C. (1993). The modern industrial revolution, exit, and the failure of internal control systems. The Journal of Finance, 48(3), 831–880. https://doi.org/10.1111/j.1540-6261.1993.tb04022.x
dc.relation.referencesJensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360. https://doi.org/10.1016/0304-405X(76)90026-X
dc.relation.referencesJermias, J., & Gani, L. (2014). The impact of board capital and board characteristics on firm performance. The British Accounting Review, 46(2), 135–153. https://doi.org/10.1016/j.bar.2013.12.001
dc.relation.referencesJohl, S., Jackling, B., & Joshi, M. (2010). Family generation, leadership, and performance: the role of outside directors in Indian family firms. Corporate Ownership and Control, 8(1), 646–662.
dc.relation.referencesJulizaerma, M. K., & Sori, Z. M. (2012). Gender diversity in the boardroom and firm performance of Malaysian public listed companies. Procedia-Social and Behavioral Sciences, 65, 1077–1085.
dc.relation.referencesKanapathippillai, S., Gul, F., Mihret, D., & Muttakin, M. B. (2019). Compensation committees, CEO pay and firm performance. Pacific-Basin Finance Journal, 57, 101187.
dc.relation.referencesKaramanou, I., & Vafeas, N. (2005). The association between corporate boards, audit committees, and management earnings forecasts: An empirical analysis. Journal of Accounting Research, 43(3), 453–486.
dc.relation.referencesKendrick, M. (2000). [Review of Internal Control: Guidance for Directors on the Combined Code (The Turnbull Report), by N. Turnbull]. Risk Management, 2(4), 65–69. http://www.jstor.org/stable/3867928
dc.relation.referencesKesner, I. F. (1988). Directors' characteristics and committee membership: An investigation of type, occupation, tenure, and gender. Academy of Management journal, 31(1), 66-84.
dc.relation.referencesKhan, A., Muttakin, M. B., & Siddiqui, J. (2015). Audit fees, auditor choice and stakeholder influence: Evidence from a family-firm dominated economy. The British Accounting Review, 47(3), 304–320.
dc.relation.referencesKinias, I. (2022). The performance of family firms during crisis periods: the case of Greece. European Journal of Family Business, 12(1), 63–79.
dc.relation.referencesKlein, A. (2002). Audit committee, board of director characteristics, and earnings management. Journal of Accounting and Economics, 33(3), 375–400. https://doi.org/10.1016/S0165-4101(02)00059-9
dc.relation.referencesKolev, K. D., Wangrow, D. B., Barker III, V. L., & Schepker, D. J. (2019). Board committees in corporate governance: A cross‐disciplinary review and agenda for the future. Journal of Management Studies, 56(6), 1138–1193.
dc.relation.referencesKowalewski, O., Talavera, O., & Stetsyuk, I. (2010). Influence of family involvement in management and ownership on firm performance: Evidence from Poland. Family Business Review, 23(1), 45–59.
dc.relation.referencesKreisig, D., Springer, F. y Petry, L. I. (2006). O Processo de Gestão em Empresas Familiares: um estudo em empresas de terceira a quinta gerações [ponencia]. Congreso USP, São Paulo, Brasil. https://congressousp.fipecafi.org/anais/artigos52005/246.pdf
dc.relation.referencesKrishnan, N. (2020). Developing Culture in Family Business. NHRD Network Journal, 13(1), 84–90. https://doi.org/10.1177/2631454119900020
dc.relation.referencesKumar, P., & Zattoni, A. (2016). Family Business, Corporate Governance, and Firm Performance. Corporate Governance: An International Review, 24(6), 550–551. https://doi.org/10.1111/corg.12186
dc.relation.referencesKusnadi, Y., Leong, K. S., Suwardy, T., & Wang, J. (2016). Audit committees and financial reporting quality in Singapore. Journal of Business Ethics, 139, 197–214.
dc.relation.referencesLa Porta, R., Lopez‐de‐Silanes, F., & Shleifer, A. (1999). Corporate ownership around the world. The Journal of Finance, 54(2), 471–517.
dc.relation.referencesLabaki, R. (2011). The Nova Group case study: family dynamics in a multigenerational French family business. International Journal of Management Cases, 13(1), 27–42.
dc.relation.referencesLampel, J., Bhalla, A., & Ramachandran, K. (2017). Family values and inter-institutional governance of strategic decision making in Indian family firms. Asia Pacific Journal of Management, 34, 901-930.
dc.relation.referencesLane, S., Astrachan, J., Keyt, A., & McMillan, K. (2006). Guidelines for family business boards of directors. Family Business Review, 19(2), 147–167.
dc.relation.referencesLansberg, I. (1997). The best investment a family will ever make: the creation of a family council is one way to restore the balance between business and family life. Family Business Magazine, Winter.
dc.relation.referencesLe Breton-Miller, Isabelle., Miller, D., & Steier, L. P. (2004). Toward an integrative model of effective FOB succession. Entrepreneurship Theory and Practice, 28(4), 305–328.
dc.relation.referencesLee, S. K., Bosworth, W., & Kudo, F. (2016). Compensation committees: independence and firm performance. Managerial Finance, 42(1), 23–33.
dc.relation.referencesLester, R. H., & Cannella, A. A. (2006). Interorganizational Familiness: How Family Firms Use Interlocking Directorates to Build Community‐Level Social Capital1. Entrepreneurship Theory and Practice, 30(6), 755–775.
dc.relation.referencesLeung, S., Richardson, G., & Jaggi, B. (2014). Corporate board and board committee independence, firm performance, and family ownership concentration: An analysis based on Hong Kong firms. Journal of Contemporary Accounting & Economics, 10(1), 16–31. https://doi.org/10.1016/j.jcae.2013.11.002
dc.relation.referencesLevinson, H. (1971). Conflicts that plague family businesses. Harvard business review, 49(2), 90-98.
dc.relation.referencesLiang, Q., Xu, P., & Jiraporn, P. (2013). Board characteristics and Chinese bank performance. Journal of Banking & Finance, 37(8), 2953–2968. https://doi.org/10.1016/j.jbankfin.2013.04.018
dc.relation.referencesLien, Y.-C., & Li, S. (2014). Professionalization of family business and performance effect. Family Business Review, 27(4), 346–364
dc.relation.referencesLien, Y.-C., Teng, C.-C., & Li, S. (2016). Institutional reforms and the effects of family control on corporate governance. Family Business Review, 29(2), 174–188.
dc.relation.referencesLipton, M., & Lorsch, J. W. (1992). A modest proposal for improved corporate governance. The Business Lawyer, 48(1), 59–77.
dc.relation.referencesLiu, Y., Miletkov, M. K., Wei, Z., & Yang, T. (2015). Board independence and firm performance in China. Journal of Corporate Finance, 30, 223–244. https://doi.org/10.1016/j.jcorpfin.2014.12.004
dc.relation.referencesLlobera, J., Cebrián, A. y Maqueda, F. (2013). Empresas familiares en Cataluña: la importancia del protocolo. European Journal Of Family Business, 3(2), 43. Lucero, M. (2017). El protocolo familiar como herramienta de gestión de la familia [tesis de doctorado, Universidad Católica de Argentina]. Repositorio Institucional UCA. https://repositorio.uca.edu.ar/handle/123456789/141
dc.relation.referencesLybaert, N. (1998). The information use in a SME: its importance and some elements of influence. Small Business Economics, 10, 171–191.
dc.relation.referencesMadhani, P. M. (2015). Study of relationship between board committees and corporate governance practices of Indian firms. Global Management Review, 9(3), 1–19.
dc.relation.referencesMadison, K., Daspit, J. J., Turner, K., & Kellermanns, F. W. (2018). Family firm human resource practices: Investigating the effects of professionalization and bifurcation bias on performance. Journal of Business Research, 84, 327–336.
dc.relation.referencesMagnanelli, B. S., Nasta, L., & Raoli, E. (2020). Do female directors on corporate boards make a difference in family owned businesses? Journal of International Accounting Research, 19(1), 85–102.
dc.relation.referencesMak, Y. T., & Kusnadi, Y. (2005). Size really matters: Further evidence on the negative relationship between board size and firm value. Pacific-Basin Finance Journal, 13(3), 301–318.
dc.relation.referencesMartin, G., & Gomez-Mejia, L. (2016). The relationship between socioemotional and financial wealth: Re-visiting family firm decision making. Management Research: Journal of the Iberoamerican Academy of Management, 14(3), 215–233.
dc.relation.referencesMartínez-Echevarría, M. A. (2011). “‘La empresa, un camino hacia el humanismo’”. En “ ‘Empresa y Humanismo. 25 años de un imposible hecho realidad.’” Cuadernos de Empresa y Humanismo, 116, 109–149.
dc.relation.referencesMaseda, A., Iturralde, T., Aparicio, G., Boulkeroua, L., & Cooper, S. (2019). Family board ownership, generational involvement and performance in family SMEs: a test of the S-shaped hypothesis. European Journal of Management and Business Economics, 28(3), 285–300.
dc.relation.referencesMatser, I. A., & Gerritsen, D. F. (2010). The added value of governance boards in small and medium-sized family firms. Corporate Ownership and Control, 7(3), 470–479.
dc.relation.referencesMaury, B. (2006). Family ownership and firm performance: Empirical evidence from Western European corporations. Journal of Corporate Finance, 12(2), 321–341.
dc.relation.referencesMcConaughy, D. L., Walker, M. C., Henderson, G. V, & Mishra, C. S. (1998). Founding family controlled firms: Efficiency and value. Review of Financial Economics, 7(1), 1–19.
dc.relation.referencesMeah, M. R., Sen, K. K., & Ali, M. H. (2021). Audit characteristics, gender diversity and firm performance: evidence from a developing economy. Indian Journal of Corporate Governance, 14(1), 48–70.
dc.relation.referencesMehrotra, V., Morck, R., Shim, J., & Wiwattanakantang, Y. (2013). Adoptive expectations: Rising sons in Japanese family firms. Journal of Financial Economics, 108(3), 840–854.
dc.relation.referencesMemili, E., & Misra, K. (2015). Corporate governance provisions, family involvement, and firm performance in publicly traded family firms. International Journal of Financial Studies, 3(3), 194–229.
dc.relation.referencesMichiels, A., Uhlaner, L., & Dekker, J. (2017). The effect of family business professionalization on dividend payout. Journal of Small Business and Enterprise Development, 24(4), 971–990.
dc.relation.referencesMiller, D., & Le Breton-Miller, I. (2005). Managing for the long run: Lessons in competitive advantage from great family businesses. Harvard Business Press.
dc.relation.referencesMiller, D., & Le Breton-Miller, I. (2006). Family governance and firm performance: Agency, stewardship, and capabilities. Family Business Review, 19(1), 73–87. https://doi.org/10.1111/j.1741-6248.2006.00063.x
dc.relation.referencesMiller, D., Le Breton-Miller, I., Lester, R. H., & Cannella Jr, A. A. (2007). Are family firms really superior performers? Journal of Corporate Finance, 13(5), 829–858.
dc.relation.referencesMiller, D., Minichilli, A., & Corbetta, G. (2013). Is family leadership always beneficial? Strategic Management Journal, 34(5), 553–571.
dc.relation.referencesMolina, P., Botero, S. y Montoya, J. (2016). Empresas de familia: conceptos y modelos para su análisis. Pensamiento y Gestión, 41, 116-149.
dc.relation.referencesMonks, R. y Minow, N. (2001). Corporate governance. Blackwell Publishing.
dc.relation.referencesMonserrat, M. (2011). Las empresas familiares y sus órganos de gobierno: caso empresas de Guadalupe Victoria. Revista Internacional Administración y Finanzas, 4 (2), 53-66.
dc.relation.referencesMoores, K., & Mula, J. (2000). The salience of market, bureaucratic, and clan controls in the management of family firm transitions: Some tentative Australian evidence. Family Business Review, 13(2), 91–106.
dc.relation.referencesMorck, R., Shleifer, A., & Vishny, R. W. (1988). Management ownership and market valuation: An empirical analysis. Journal of Financial Economics, 20, 293–315.
dc.relation.referencesMoreno-Gené, J., & Gallizo, J. L. (2021). Intergenerational differences in family business management and their influence on business profitability. Sustainability, 13(12), 6979.
dc.relation.referencesMucci, O. y Tellería, E. (s.f) Empresas familiares: introducción, características y roles. http://nulan.mdp.edu.ar/1360/1/01211_b.p
dc.relation.referencesMukherjee, T., Swami, V., & Wang, W. (2019). Governance structure and performance of private family firms. Journal of Economics and Finance, 43, 713–734.
dc.relation.referencesMüller, V.-O. (2014). The impact of board composition on the financial performance of FTSE100 constituents. Procedia-Social and Behavioral Sciences, 109, 969–975. https://doi.org/10.1016/j.sbspro.2013.12.573
dc.relation.referencesMustakallio, M., Autio, E., & Zahra, S. A. (2002). Relational and contractual governance in family firms: Effects on strategic decision making. Family Business Review, 15(3), 205–222
dc.relation.referencesMuttakin, M. B., & Ullah, S. (2012). Corporate governance and bank performance: Evidence from Bangladesh. Corporate Governance and Bank Performance: Evidence from Bangladesh (October 1, 2012). Corporate Board: Role, Duties & Composition, 8(1).
dc.relation.referencesNaldi, L., Chirico, F., Kellermanns, F. W., & Campopiano, G. (2015). All in the family? An exploratory study of family member advisors and firm performance. Family Business Review, 28(3), 227–242.
dc.relation.referencesNelson, R. y Winter, S. (1982). An Evolutionary Theory of Economic Change. Cambridge Mass.
dc.relation.referencesNeubauer, F., & Lank, A. G. (1998). The family business: Its governance for sustainability. Palgrave Macmillan UK.
dc.relation.referencesNtim, C. G., & Soobaroyen, T. (2013). Black economic empowerment disclosures by South African listed corporations: The influence of ownership and board characteristics. Journal of Business Ethics, 116(1), 121–138.
dc.relation.referencesOCDE (2016). Principios de Gobierno Corporativo de la OCDE y del G20. OCDE. https://www.oecd.org/daf/ca/corporategovernanceprinciples/37191543.pdf
dc.relation.referencesOman, C. (2006). Gobierno corporativo para el desarrollo económico. En G. De Paula, J. Ferraz y G. Núñez (Eds.), Gobernabilidad corporativa, responsabilidad social y estrategias empresariales en América Latina (pp. 21–48). CEPAL
dc.relation.referencesOzkan, A., & Ozkan, N. (2004). Corporate cash holdings: An empirical investigation of UK companies. Journal of Banking & Finance, 28(9), 2103–2134.
dc.relation.referencesPaez, C. (2014) Las empresas familiares y la supervivencia de estas dentro de las primeras tres generaciones dados los conflictos que se presentan en la sucesión de poder y manejo de capital. [Trabajo de grado]. Universidad Militar Nueva Granada.
dc.relation.referencesPandey, R., Vithessonthi, C., & Mansi, M. (2015). Busy CEOs and the Performance of Family Firms. Research in International Business and Finance, 33, 144-166.
dc.relation.referencesPástor, Ľ., Stambaugh, R. F., & Taylor, L. A. (2015). Scale and skill in active management. Journal of Financial Economics, 116(1), 23–45.
dc.relation.referencesPathan, S., Skully, M., & Wickramanayake, J. (2007). Board size, independence and performance: An analysis of Thai banks. Asia-Pacific Financial Markets, 14, 211–227.
dc.relation.referencesPearce, J. A., & Zahra, S. A. (1992). Board composition from a strategic contingency perspective. Journal of Management Studies, 29(4), 411–438.
dc.relation.referencesPeck-Ling, T., Nai-Chiek, A., & Chee-Seong, L. (2016). Foreign ownership, foreign directors and the profitability of Malaysian listed companies. Procedia-Social and Behavioral Sciences, 219, 580–588.
dc.relation.referencesPeng, M. W., Zhang, S., & Li, X. (2007). CEO duality and firm performance during China’s institutional transitions. Management and Organization Review, 3(2), 205–225. https://doi.org/10.1111/j.1740-8784.2007.00069.x
dc.relation.referencesPenrose, E. (1959). The Theory of the Growth of the Firm. Oxford University Press
dc.relation.referencesPérez-González, F. (2006). Inherited control and firm performance. The American Economic Review, 96(5), 1559–1588. https://doi.org/10.1257/aer.96.5.1559
dc.relation.referencesPérez, A. (2012) El modelo de empresa familiar: los cuatro pilares fundamentales. Revista de Investigación. 1-12.
dc.relation.referencesPfeffer, J., & Salancik, G. R. (1978). The external control of organizations: A resource dependence perspective. Harper & Row.
dc.relation.referencesPindado, J., Requejo, I. y De La Torre, C. (2011) Concentración de propiedad y valor de mercado en la empresa familiar: un enfoque de gobierno corporativo. Pecunia Monográfico, 111-131
dc.relation.referencesPittino, D., Visintin, F., Minichilli, A., & Compagno, C. (2021). Family involvement in governance and firm performance in industrial districts. The moderating role of the industry’s technological paradigm. Entrepreneurship & Regional Development, 33(7–8), 514–531.
dc.relation.referencesPolat, G. (2020). Advancing the multidimensional approach to family business professionalization. Journal of Family Business Management, 11(4), 555–571. https://doi.org/10.1108/JFBM-03-2020-0020
dc.relation.referencesPowell, W. W., & DiMaggio, P. J. (2012). The new institutionalism in organizational analysis. University of Chicago press.
dc.relation.referencesPoza, E. J. (2009). Rediscovering just how much patient family ownership matters. In Family Business Magazine. https://www.familybusinessmagazine.com/rediscovering-just-how-much-patient-family-ownership-matters
dc.relation.referencesPoza, E. J. (2010). Family Business. South-Western Cengage Learning. South-Western Cengage Learning
dc.relation.referencesRahman, M. M., Meah, M. R., & Chaudhory, N. U. (2019). The impact of audit characteristics on firm performance: an empirical study from an emerging economy. The Journal of Asian Finance, Economics and Business, 6(1), 59–69.
dc.relation.referencesRashid, A. (2018). Board independence and firm performance: Evidence from Bangladesh. Future Business Journal, 4(1), 34–49.
dc.relation.referencesRestrepo, M. y Rosero, X. (2002). Teoría institucional y proceso de internacionalización de las empresas colombianas. Estudios Gerenciales, 18(84), 103-123.
dc.relation.referencesRivera, S. (2013) modelo de gestión para las empresas familiares con perspectivas de crecimiento y sostenibilidad. Revista perspectivas, 31, 87-132.
dc.relation.referencesRivo-Lopez, E., Villanueva-Villar, M., Vaquero-Garcia, A., & Lago-Penas, S. (2017). Family offices: What, why and what for. Organizational Dynamics, 46(4), 262–270.
dc.relation.referencesRoberts, J., McNulty, T., & Stiles, P. (2005). Beyond agency conceptions of the work of the non‐executive director: Creating accountability in the boardroom. British Journal of Management, 16, S5–S26.
dc.relation.referencesRoffia, P. (2019). Director ownership and performance of small and medium enterprises: insights from Northeast Italy. Sinergie Italian Journal of Management, 37(3), 109–126.
dc.relation.referencesRossignoli, F., Lionzo, A., & Buchetti, B. (2021). Beyond corporate governance reporting: the usefulness of information on board member profiles. Journal of Management and Governance, 25, 27–60.
dc.relation.referencesRueda, J. y Rueda, M. (2019). Definición, importancia y análisis de la empresa familiar. Lúmina, 20. http://portal.amelica.org/ameli/jatsRepo/254/2541049004/html/index.html.
dc.relation.referencesSaavedra, M. (2011) La responsabilidad social empresarial y las finanzas. Cuadernos de administración, 27 (46), 40-54.
dc.relation.referencesSaidat, Z., Silva, M., & Seaman, C. (2019). The relationship between corporate governance and financial performance: Evidence from Jordanian family and nonfamily firms. Journal of Family Business Management, 9(1), 54–78. https://doi.org/10.1108/JFBM-11-2017-0036
dc.relation.referencesSaldaña-Contreras, Y., Ruiz-Díaz, F., Gaona-Tamez, L. y Castillo-Camacho, M. (2016) Familia empresaria y toma de decisiones en el negocio familiar: estudio de caso. Revista VinculaTégica. (2) 1, 1040-1060.
dc.relation.referencesSalloum, C., Azzi, G., & Gebrayel, E. (2014). Audit committee and financial distress in the middle east context: Evidence of the Lebanese financial institutions. International Strategic Management Review, 2(1), 39–45.
dc.relation.referencesSaravanan, P., Srikanth, M., & Avabruth, S. M. (2016). Executive compensation, corporate governance and firm performance: evidence from India. International Journal of Corporate Governance, 7(4), 377–403.
dc.relation.referencesSciascia, S., & Mazzola, P. (2008). Family involvement in ownership and management: Exploring nonlinear effects on performance. Family Business Review, 21(4), 331–345.
dc.relation.referencesSchulze, W. S., Lubatkin, M. H., & Dino, R. N. (2003). Toward a theory of agency and altruism in family firms. Journal of Business Venturing, 18(4), 473–490. https://doi.org/10.1016/S0883-9026(03)00054-5
dc.relation.referencesSerna, J. y Sarasa, J. (2012) Modelo de gobierno corporativo que sirve como instrumento para evitar conflictos en las empresas familiares del Valle de Cauca [Trabajo de grado]. Universidad ICESI
dc.relation.referencesSharma, P., Hoy, F., Astrachan, J. H., & Koiranen, M. (2007). The practice-driven evolution of family business education. Journal of Business Research, 60(10), 1012–1021.
dc.relation.referencesSharma, V., Naiker, V., & Lee, B. (2009). Determinants of audit committee meeting frequency: Evidence from a voluntary governance system. Accounting Horizons, 23(3), 245–263.
dc.relation.referencesShi, H. X., Graves, C., & Barbera, F. (2019). Intergenerational succession and internationalisation strategy of family SMEs: Evidence from China. Long Range Planning, 52(4), 101838.
dc.relation.referencesShleifer, A., & Vishny, R. W. (1997). A survey of corporate governance. The Journal of Finance, 52(2), 737–783.
dc.relation.referencesShukeri, S. N., & D Alfordy, F. (2022). Female director in boardroom: Does it affect board compensation package and firm performance in Saudi Arabia? Cogent Business & Management, 9(1), 2057114.
dc.relation.referencesSchulze, W. S., Lubatkin, M. H., & Dino, R. N. (2003). Toward a theory of agency and altruism in family firms. Journal of Business Venturing, 18(4), 473–490. https://doi.org/10.1016/S0883-9026(03)00054-5
dc.relation.referencesSiebels, J.-F., & Zu Knyphausen-Aufseß, D. (2012). A Review of Theory in Family Business Research: The Implications for Corporate Governance. International Journal of Management Reviews, 14(3), 280–304. https://doi.org/10.1111/j.1468-2370.2011.00317.x
dc.relation.referencesSirmon, D. G., & Hitt, M. A. (2003). Managing resources: Linking unique resources, management, and wealth creation in family firms. Entrepreneurship Theory and Practice, 27(4), 339–358. https://doi.org/10.1111/1540-8520.t01-1-00013
dc.relation.referencesSongini, L. (2006). The professionalization of family firms: theory and practice. In P. Z. Poutziouris, K. X. Smyrnios, & S. B. Klein (Eds.), Handbook of research on family business. Edward Elgar Publishing.
dc.relation.referencesSoto, A. (2013) La empresa familiar en México. Situación actual de la investigación. Contaduría y Administración, 58 (2), 135-171
dc.relation.referencesSraer, D., & Thesmar, D. (2007). Performance and behavior of family firms: Evidence from the French stock market. Journal of the European Economic Association, 5(4), 709–751.
dc.relation.referencesSrebrow, C. (1997). Desafíos de la empresa familiar. http://wwwproducción.comar/96Nov 07.htm
dc.relation.referencesSrivastava, V., Das, N., & Pattanayak, J. K. (2018). Women on boards in India: a need or tokenism? Management Decision, 56(8), 1769–1786.
dc.relation.referencesStein, J. C. (1989). Efficient capital markets, inefficient firms: A model of myopic corporate behavior. The Quarterly Journal of Economics, 104(4), 655–669.
dc.relation.referencesStewart, A., & Hitt, M. A. (2012). Why can’t a family business be more like a nonfamily business? Modes of professionalization in family firms. Family Business Review, 25(1), 58–86.
dc.relation.referencesSubekti, I., & Sumargo, D. K. (2015). Family management, executive compensation and financial performance of Indonesian listed companies. Procedia-Social and Behavioral Sciences, 211, 578–584.
dc.relation.referencesSubramaniam, N., McManus, L., & Zhang, J. (2009). Corporate governance, firm characteristics and risk management committee formation in Australian companies. Managerial Auditing Journal, 24(4), 316–339.
dc.relation.referencesSuess-Reyes, J. (2014). Family governance–Literature review and the development of a conceptual model. Journal of Family Business Strategy, 5(2), 138–155.
dc.relation.referencesSuess-Reyes, J. (2017). Understanding the transgenerational orientation of family businesses: the role of family governance and business family identity. Journal of Business Economics, 87, 749–777.
dc.relation.referencesSultana, N. (2015). Audit committee characteristics and accounting conservatism. International Journal of Auditing, 19(2), 88–102.
dc.relation.referencesTagiuri, R., & Davis, J. (1996). Bivalent attributes of the family firm. Family Business Review, 9(2), 199–208.
dc.relation.referencesTagiuri, R., & Davis, J. A. (1992). On the goals of successful family companies. Family Business Review, 5(1), 43–62.
dc.relation.referencesTàpies, J., & Ceja, L. (2011). Los protocolos familiares en países de habla hispana: como son y para que se utilizan. IESE Business School. Universidad de Navarra, 17.
dc.relation.referencesTerjesen, S., Couto, E. B., & Francisco, P. M. (2016). Does the presence of independent and female directors impact firm performance? A multi-country study of board diversity. Journal of Management & Governance, 20, 447–483.
dc.relation.referencesTirole, J. (2001). Corporate governance. Econometrica, 69(1), 1–35
dc.relation.referencesTornyeva, K., & Wereko, T. (2012). Corporate governance and firm performance: Evidence from the insurance sector of Ghana. European Journal of Business and Management, 4(13).
dc.relation.referencesTrujillo, M. y Guzmán, A. (2014) Investigación sobre gobierno corporativo en Colombia. Confecámaras – Colegio de Estudios Superiores de Administración.
dc.relation.referencesTuggle, C. S., Sirmon, D. G., Reutzel, C. R., & Bierman, L. (2010). Commanding board of director attention: investigating how organizational performance and CEO duality affect board members’ attention to monitoring. Strategic Management Journal, 31(9), 946–968. https://doi.org/10.1002/smj.847
dc.relation.referencesUhlaner, L., Massis, A. de, Jorissen, A., & Du, Y. (2021). Are outside directors on the small and medium-sized enterprise board always beneficial? Disclosure of firm-specific information in board-management relations as the missing mechanism. Human Relations, 74(11), 1781–1819.
dc.relation.referencesVafaei, A., Ahmed, K., & Mather, P. (2015). Board diversity and financial performance in the top 500 Australian firms. Australian Accounting Review, 25(4), 413–427.
dc.relation.referencesVafeas, N. (1999). Board meeting frequency and firm performance. Journal of Financial Economics, 53(1), 113–142.
dc.relation.referencesValladares, O., Villalón, R. y Perusquia, J. (2015). El papel del gobierno corporativo dentro del protocolo de la empresa familiar como factor que inhibe la competitividad. XV Congreso Internacional de Investigación en Ciencias Administrativas. https://www.acacia.org.mx/busqueda/pdf/15_25_gobierno_corporativo.pdf
dc.relation.referencesVan den Berghe, L. A. A., & Levrau, A. (2004). Evaluating Boards of Directors: what constitutes a good corporate board? Corporate Governance: An International Review, 12(4), 461–478.
dc.relation.referencesVan Essen, M., van Oosterhout, J. H., & Carney, M. (2012). Corporate boards and the performance of Asian firms: A meta-analysis. Asia Pacific Journal of Management, 29, 873–905.
dc.relation.referencesVan Slyke, D. M. (2007). Agents or stewards: Using theory to understand the government-nonprofit social service contracting relationship. Journal of public administration research and theory, 17(2), 157-187.
dc.relation.referencesVargas, E., Rengifo, R., Guizado, F. y Sánchez, F. (2019) Sistemas de información como herramienta para reorganizar procesos de manufactura. Revista Venezolana de Gerencia, 24 (85). https://www.redalyc.org/journal/290/29058864015/html/
dc.relation.referencesVelázquez, M., Paz, C. y Aguilar, N. (2011) La sucesión en una empresa familiar de autotransporte. Hitos de Ciencias Económicas, 17 (48), 65-74.
dc.relation.referencesVera, A. M., & Ugedo, J. F. M. (2005). ¿Afectan las características del consejo de administración a su labor supervisora? Nueva evidencia para el mercado español. Revista Europea de Dirección y Economía de La Empresa, 14(2), 55–74.
dc.relation.referencesVilanova, N. (2018). La esencia de la empresa familiar: Valores y comunicación. Plataforma.
dc.relation.referencesVilaseca, A. (2002). The shareholder role in the family business: Conflict of interests and objectives between nonemployed shareholders and top management team. Family Business Review, 15(4), 299–320.
dc.relation.referencesVillalonga, B., & Amit, R. (2006). How do family ownership, control and management affect firm value? Journal of Financial Economics, 80(2), 385–417. https://doi.org/10.1016/j.jfineco.2004.12.005
dc.relation.referencesWard, J. (1997). Growing the family business: Special challenges and best practices. Family Business Review, 10(4), 323–337. https://doi.org/10.1111/j.1741-6248.1997.00323.x
dc.relation.referencesWard, J. (2004). Perpetuating the family business: 50 lessosns learned from long-lasting, successful families in business. Palgrave MacMillan.
dc.relation.referencesWatkins, K. y Flores, D. (2016) Determinantes de la concentración de la propiedad empresarial en México. Revista de contaduría y administración, 61 (2). http://www.scielo.org.mx/scielo.php?pid=S0186-10422016000200224&script=sci_arttext
dc.relation.referencesWeir, C., & Laing, D. (2001). Governance structures, director independence and corporate performance in the UK. European Business Review, 13(2), 86–95. https://doi.org/10.1108/09555340110385254
dc.relation.referencesWesthead, P., & Howorth, C. (2006). Ownership and management issues associated with family firm performance and company objectives. Family Business Review, 19(4), 301–316.
dc.relation.referencesWesthead, P., & Howorth, C. (2007). Types of private family firms: an exploratory conceptual and empirical analysis. Entrepreneurship and Regional Development, 19(5), 405–431.
dc.relation.referencesWhetten, D. A., & Mackey, A. (2002). A social actor conception of organizational identity and its implications for the study of organizational reputation. Business & Society, 41(4), 393–414.
dc.relation.referencesWilliamson, O. E. (1984). Corporate governance. The Yale Law Journal, 93(7), 1197–1230
dc.relation.referencesWilson, N., Wright, M., & Scholes, L. (2013). Family business survival and the role of boards. Entrepreneurship Theory and Practice, 37(6), 1369–1389.
dc.relation.referencesWu, K., Sorensen, S., & Sun, L. (2019). Board independence and information asymmetry: Family firms vs non-family firms. Asian Review of Accounting, 27(3), 329–349.
dc.relation.referencesYagli, I., & Simsek, B. (2017). Meta-analytic review of the relation between board globalization and firm performance. Financial Studies–2/2017.
dc.relation.referencesYammeesri, J., & Kanthi Herath, S. (2010). Board characteristics and corporate value: evidence from Thailand. Corporate Governance: The International Journal of Business in Society, 10(3), 279–292.
dc.relation.referencesYammeesri, J., & Lodh, S. C. (2004). Is family ownership a pain or gain to firm performance. Journal of American Academy of Business, 4(1/2), 263–270.
dc.relation.referencesYammeesri, J., Lodh, S. C., & Herath, S. K. (2006). Influence of ownership structure and corporate performance precrisis: Evidence from Thailand. International Journal of Electronic Finance, 1(2), 181–199.
dc.relation.referencesYang, T., & Zhao, S. (2014). CEO duality and firm performance: Evidence from an exogenous shock to the competitive environment. Journal of Banking & Finance, 49, 534–552. https://doi.org/10.1016/j.jbankfin.2014.04.008
dc.relation.referencesYermack, D. (1996). Higher market valuation of companies with a small board of directors. Journal of Financial Economics, 40(2), 185–211.
dc.relation.referencesZamudio, J. y Satsumi, J. (2014) Las diversas tipologías de las empresas familiares: un acercamiento teórico. https://www.ecorfan.org/bolivia/series/Topicos%20Selectos%20de%20Recursos_II/articulo%207.pd
dc.relation.referencesZucker, L. Institutional theories of organizations. In W.R. Scott & J.F. Short. Jr (Eds) Annual review of sociology, vol. 443-464. Palo Alto, CA: Annual Reviews. 1987.
dc.rights.accessrightsinfo:eu-repo/semantics/openAccess
dc.rights.coarhttp://purl.org/coar/access_right/c_abf2
dc.rights.creativecommonsAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)
dc.rights.licenseAtribución-NoComercial-SinDerivadas 4.0 Internacional (CC BY-NC-ND 4.0)
dc.rights.localAbierto (Texto Completo)spa
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject.armarcGobierno corporativospa
dc.subject.lembEmpresas familiares -- Toma de decisionesspa
dc.subject.lembPequeña y mediana empresaspa
dc.subject.lembGestión financieraspa
dc.subject.proposalModelo de gobierno corporativospa
dc.subject.proposalEmpresas familiaresspa
dc.subject.proposalToma de decisionesspa
dc.subject.proposalPymes colombianasspa
dc.subject.proposalCorporate governance modeleng
dc.subject.proposalFamily owned companieseng
dc.subject.proposalDecision makingeng
dc.subject.proposalColombian smal medium enterpriseseng
dc.titleModelo de gobierno corporativo para fortalecer la toma de decisiones y la rentabilidad financiera de pymes familiaresspa
dc.titleCorporate governance model to strengthen decision-making and financial profitability of family-owned small medium enterpriseseng
dc.typeTrabajo de grado - Doctorado
dc.type.coarhttp://purl.org/coar/resource_type/c_db06
dc.type.coarversionhttp://purl.org/coar/version/c_ab4af688f83e57aa
dc.type.contentText
dc.type.driverinfo:eu-repo/semantics/doctoralThesis
dc.type.otherDoctoral Thesis
dc.type.redcolhttp://purl.org/redcol/resource_type/TD
dc.type.versioninfo:eu-repo/semantics/acceptedVersion
person.affiliation.nameDoctorado Gestión - Presencial

Archivos

Bloque original

Mostrando 1 - 2 de 2
Miniatura
Nombre:
CorrealCamilo2025
Tamaño:
1.77 MB
Formato:
Adobe Portable Document Format
Descripción:
Tesis de Doctorado
Descargar
Miniatura
Nombre:
CorrealCamilo2025_Anexo
Tamaño:
187.02 KB
Formato:
Adobe Portable Document Format
Descripción:
Autorización Publicación
Descargar

Bloque de licencias

Mostrando 1 - 1 de 1
Miniatura
Nombre:
license.txt
Tamaño:
2.13 KB
Formato:
Item-specific license agreed upon to submission
Descripción:
Descargar

Colecciones

Doctorado en Gestión