Generational change in family businesses: keys to an effective transition

Main Article Content

Mayra Fernanda Sánchez Acosta
https://orcid.org/0000-0003-3974-4325
Hernán Mauricio Quisimalín Santamaría
https://orcid.org/0000-0001-8491-8326
Lisseth Maribel Quinatoa Lema
https://orcid.org/0000-0002-0830-7061
Alice Ibeth Garzón Montaguano
https://orcid.org/0009-0009-1285-746X

Abstract

In the global economy, family businesses are recognized as a fundamental pillar, contributing to the generation of employment and strengthening local economies. The objective of the study is to identify the main components that affect these companies in their generational transition and to determine the factors that influence succession and its impact on these organizations. The information was obtained from reliable sources such as the Superintendencia de Compañías Valores y Seguros (SCVS), the Servicio de Rentas Internas (SRI)and the Directorio de Empresas y Establecimiento (DIEE). In order to group and classify the most important correlated factors, a Principal Component Analysis was carried out. Subsequently, SPSS software was used to evaluate the reliability and interconnectedness of the data. The reliability of the model was determined by means of statistical tests: KMO adequacy measure and Barlett's sphericity. The results confirm that generational transition must be a planned and effective process, with clear communication, leadership, projection, commitment to strong relationships and adaptability. It is concluded that in order to guarantee the survival and long-term development of family businesses, it is essential to plan succession with due anticipation, considering business continuity management, behavioral psychology, effective human talent, strategic business planning, change management, and family succession and sustainability.


URL: https://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/2333

Downloads

Download data is not yet available.

Article Details

How to Cite
Sánchez Acosta, M. F., Quisimalín Santamaría, H. M., Quinatoa Lema , L. M., & Garzón Montaguano, A. I. (2024). Generational change in family businesses: keys to an effective transition. Bolentín De Coyuntura, (41), 20–29. https://doi.org/10.31243/bcoyu.41.2024.2333
Section
Scientific research articles

References

Acosta, A., Molina, C., Andino, T., y Rodríguez, V. (2019). Sistema familiar y continuidad de las empresas familiares. Revista de Ciencias Sociales, 25(4), 265–275. https://www.redalyc.org/articulo.oa?

Aguas, J., y Moncayo, S. (2017). Factores familiares que favorecen u obstaculizan el proceso de transición generacional en las empresas familiares del municipio de Túquerres, departamento de Nariño, Colombia. Revista UNIMAR, 35(2), 63–75. https://revistas.umariana.edu.co/index.php/unimar/article/view/1527

Aguilar, O. (2023). Micro y pequeñas empresas familiares y no familiares en Latinoamérica: Diferencias en su cultura financiera, Análisis Económico, 38(97), 149–161. https://doi.org/10.24275/uam/azc/dcsh/ae/2022v38n97/Aguilar

Andrade, J. (2002). Sucesión en la empresa familiar: Su futuro cuando la muerte se acerca. Revista Venezolana de Gerencia, 7(19), 375–389. https://www.redalyc.org/pdf/290/29001903.pdf

Avellán, V., y Hernández, V. (2021). Caracterización del proceso de relevo generacional en empresas familiares de países sudamericanos. Entreciencias: Diálogos En La Sociedad Del Conocimiento, 9(23), 1–16. https://doi.org/10.22201/enesl.20078064e.2021.23.80242

Barrios, A., Reyna, M., y Bucio, D. (2022). Activos intangibles y la competitividad sostenible en las empresas familiares. Revista de Ciencias Sociales, 28(3), 94–106. https://www.redalyc.org/journal/280/28071865007/html/

Barros, I., Morales, M., Torres, A., y Palma, J. (2022). Knowledge Integration and Organisational Performance of Data Analytics in the Family Business, Journal of Open Innovation: Technology, Market, and Complexity, 8(3). https://doi.org/10.3390/joitmc8030135

Camino, S., y Bermudez, N. (2018). Las Empresas Familiares en el Ecuador: Definición y aplicación metodológica, X-Pedientes Económicos.

Carballo, C., y Castellano, G. (2023), La sucesión en la empresa familiar: guía metodológica para su implementación, Revista Científica UISRAEL, 10(1), 167–186. https://doi.org/10.35290/rcui.v10n1.2023.658

Deferne, M., Bertschi, A., y De Groote, J. (2022). The role of trust in family business stakeholder relationships: A systematic literature review, Journal of Family Business Strategy. https://doi.org/10.1016/j.jfbs.2022.100501

De Massis, A., y Kammerlander, N. (2020). Handbook of Qualitative Research Methods for Family Business. In Handbook of Qualitative Research Methods for Family Business. Edward Elgar Publishing, https://doi.org/10.4337/9781788116459

Directorio de Empresas y Establecimientos. (2018). Directorio de Empresas. https://www.ecuadorencifras.gob,ec/directoriodeempresas/

Espinoza, C., Salinas, A., Camino, S., y Portalanza, A. (2021). Empresas familiares en Ecuador 2021. www.uees.edu.ec

Freire, V., y Gallardo, W. (2022). Gestión empresarial en la sucesión generacional de las empresas familiares de la zona 3, Visionario Digital, 6(2), 23–38. https://doi.org/10.33262/visionariodigital.v6i2.2111

García, R., y Lucero, M. (2023). Modelos de gobernanza y continuidad en la empresa familiar, Sur Academia: Revista Académica-Investigativa de La Facultad Jurídica, Social y Administrativa, 10(19), 9–25. https://doi.org/10.54753/suracademia.v10i19.1605

Gie, A., y Pearce, S. (2013). A Beginner’s Guide to Factor Analysis: Focusing on Exploratory Factor Analysis, Tutorials in Quantitative Methods for Psychology, 9(2), 79–94. https://sites.ualberta.ca/~lkgray/uploads/7/3/6/2/7362679/exploratoryfactoranalysis.pdf

Gomes, G., Da Silva, V., Da Encarnação, C., y Ratten, V. (2021). Corporate entrepreneurship education’s impact on family business sustainability: A case study in Brazil, International Journal of Management Education, 19(1). https://doi.org/10.1016/j.ijme.2020.100424

González, C. (2021). Planned generational succession (Pgs): A qualitative approach for small family automotive service businesses in ciudad juÁrez, chihuahua, Innovar, 31(81), 61–74. https://doi.org/10.15446/innovar.v31n81.95574

Groenland, E., y Léo, D. (2020). Qualitative Methodologies and Data Collection Method. www.worldscientific.com

Herrera, L. (2021). Mediación empresarial y la sucesión generacional en empresas familiares, Revista de Mediación, 14(1), 1–9. https://revistademediacion.com/articulos/mediacion-empresarial-y-la-sucesion-generacional-en-empresas-familiares/

Icaza, D. y Yance, C. (2015). Planes de sucesión y continuidad de las empresas familiares del Cantón Milagro, Observatorio de La Economía Latinoamericana, 208. https://sga.unemi.edu.ec/media/evidenciasiv/1_1_211_ART.pdf

Itzhak, D. y Ilse, M. (2022). Influência da motivação intrínseca e da cultura organizacional no comprometimento afetivo em empresas familiares: controles formais e informais como mediadores, Innovar, 32(84), 97–110. https://doi,org/10,15446/innovar

Jaimes, G., y Albornoz, N. (2021). Factores que inciden en el proceso de sucesión de empresas familiares, Pensamiento y Gestión, 50, 69–99. http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S1657-62762021000100069

Kischener, M., Kiyota, N., y Perondi, M. (2015). Sucessão geracional na agricultura familiar: lições apreendidas em duas comunidades rurais, Mundo Agrario, 16(33). http://www.mundoagrario.unlp.edu.ar/http://creativecommons.org/licenses/by-nc-sa/3.0/deed.es_ARhttp://www.mundoagrario.unlp.edu.ar/article/view/MAv16n33a07

Luan, C., Chen, Y., Huang, H., y Wang, K. (2018). CEO succession decision in family businesses – A corporate governance perspective, Asia Pacific Management Review, 23(2), 130–136. https://doi.org/10.1016/j.apmrv.2017.03.003

Mancilla, A., Arreguín, N., Jesús, J., Morales, B., y Daniel, O. (2019). Reclutamiento y selección por competencias: empresas familiares del Estado de Coahuila, Mercados y Negocios, 40, 63–77. https://www.redalyc.org/articulo.oa?

Marcelino, M., Torres, A., Novoa, J., y Camacho, A. (2022). Continuidad de la empresa familiar a partir de la profesionalización, la institucionalización y la sucesión. Estudio de caso, Nova Scientia, 14(28), 1–20. https://doi.org/10.21640/ns.v14i28.3010

Martínez, L. (2022). Dinámica de trabajo de las empresas familiares de la ciudad de Pilar, periodo 2022, Ciencia Latina Revista Científica Multidisciplinar, 6(6), 4649–4668. https://doi.org/10.37811/cl_rcm.v6i6.3772

Meléndez, G. (2020). Succession process and the impact of gender in Puerto Rican family businesses, Forum Empresarial, 25(1), 83–98. https://www.redalyc.org/

Morozova, A., y Rebbah, R. (2023). Principal component analysis as a tool to extract Sq variation from the geomagnetic field observations: Conditions of applicability, MethodsX, 10. https://doi.org/10.1016/j.mex.2023.101999

Ortiz, K., Campos, E., Alvarado, M., y Alcívar, C. (2019). Análisis de las empresas familiares en Ecuador desde una óptica multivariante, Revista de Ciencias Sociales, 25(4), 161–174. https://www.redalyc.org/articulo.oa?id=28062322012

Palafox, M., Ochoa, S., y Jacobo, C. (2019). Liderazgo en el proceso de sucesión: El caso de una empresa familiar Mexicana, Visión Futuro, 16, 73–89. https://www.redalyc.org/journal/3579/357960138005/html/

Palit, T., Bari, A., y Karmaker, C. (2022). An integrated Principal Component Analysis and Interpretive Structural Modeling approach for electric vehicle adoption decisions in sustainable transportation systems, Decision Analytics Journal, 4. https://doi.org/10.1016/j.dajour.2022.100119

Pruthi, S., y Tasavori, M. (2022). Staying in or stepping out? Growth strategies of second-generation immigrant entrepreneurs, International Business Review, 31(5). https://doi.org/10.1016/j.ibusrev.2022.101997

Radones, D. (2020). Ela ou ele? Reflexões sobre as questões de gênero em empresas familiares, Revista Administração Em Diálogo, 22(3), 34–54. https://www.redalyc.org/articulo.oa?id=534665024003

Rodas, F., y Santillán, J. (2019). Breves consideraciones sobre la Metodología de la Investigación para investigadores principiantes, INNOVA Research Journal, 4(3), 170–184. https://doi.org/10.33890/innova.v4.n3.2019.974

Samara, G. (2021). Family businesses in the Arab Middle East: What do we know and where should we go? Journal of Family Business Strategy, 12(3). https://doi.org/10.1016/j.jfbs.2020.100359

Sánchez, G., Danvila, I., Carrasco, A., y Sastre, M. (2017). Organizational culture and family business: A configurational approach, European Journal of Family Business, 6, 99–107. https://www.sciencedirect.com/science/article/pii/S2444877X17300053

Sathe, V., Enrione, A., y Finley, D. (2022). Avoiding the Best Practices Trap in Family Business Succession, Organizational Dynamics, 51(3). https://doi.org/10.1016/j.orgdyn.2021.100876

Servicio de Rentas Internas. (2018). Catastros - intersri - Servicio de Rentas Internas. https://www.sri.gob.ec/catastros

Somboonvechakarn, C., Taiphapoon, T., Anuntavoranich, P., y Sinthupinyo, S. (2022). Communicating innovation and sustainability in family businesses through successions, Heliyon, 8(12), 1–15. https://doi.org/10.1016/j.heliyon.2022.e11760

Superintendencia de Compañías Valores y Seguros. (2018). Ranking- Recursos. https://appscvsmovil.supercias.gob.ec/ranking/reporte.html

Vera, J., y Trujillo, A. (2017). EMCASER: Échell e mexicaine de qualité du service dans les restaurants, Innovar, 27(63), 43–60. https://doi.org/10.15446/innovar.v26n63.60665

Zhao, Y., Zeng, Y., Li, X., Yuan, K., Li, Y., Tian, L., Sun, J., y Bai, W. (2023). Modeling and application of sensory evaluation of blueberry wine based on principal component analysis, Current Research in Food Science, 6. https://doi.org/10.1016/j.crfs.2022.11.022

Similar Articles

<< < 7 8 9 10 11 12 13 14 15 16 > >> 

You may also start an advanced similarity search for this article.