Family businesses: Paternalism as a straightroad towards failure

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Published: 2013-06-30
DOI: https://doi.org/10.17163/ret.n5.2013.04
Keywords:
Empresa familiar, cultura familiar, paternalismo, sistema familia–empresa, subsistemas, protocolo familiar, sucesión, Transición Generacional.

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Leticia Celi Mero

Abstract

Throughout time, family companies or businesses have become a powerful force for the global economy. Their development and growth go beyond borders, generating positive resultssuch as, employment.However, not all family businesses reach these goals, succumbing in the face of multiple negative factors, external as well as internal, which are the cause of business failure and consecuently, the family. Among research findings done to determine these unfavorable factors, one can find paternalism, which has a broad meaning but its unconscious practice within an organization can create severe economic damages for the survival of the company as much for the family.

Article Details

Issue
Vol. 3 No. 5 (2013): (january-june)
Section
Monographic section

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