The application of Agency and Stewardship theories in family businesses: analysis from a qualitative approach

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Lorena Rivera Badillo
José Herrera Herrera

Abstract

This paper reviews Agency and Stewardship theories concepts, as well as, manager’s characteristics and aptitudes used in each theory application in familiar businesses. Choosing the right theory for a business will depend on manager’s aptitudes and experience, according to the reality. Government, in a familiar business, is the management axis to maintain family union and business prosperity too. Familiar businesses development is usually measured by: 1) Property; 2) Number of shareholders; 3) Number of family members; and 4) Familiar leadership.


DOI: https://doi.org/10.31164/bcoyu.14.2017.636


URL: http://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/636

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How to Cite
Rivera Badillo, L., & Herrera Herrera, J. (2017). The application of Agency and Stewardship theories in family businesses: analysis from a qualitative approach. Bolentín De Coyuntura, (14), 4–8. Retrieved from https://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/636
Section
Scientific research articles

References

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