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Mexican micro and small family-owned enterprises with a model of continuity in a globalised environment
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Family businesses in our country are the main source of income and therefore provide us with social stability. Unfortunately the failure rate presented is very high; its origin is a combination of different interests or purposes of those involved in its organizational structure. Informality is one of the major specific and common problems of family businesses and the lack of rules to support conservation and create harmony among the family members, generating competitiveness and profitability in the company, according to the documentary and field research conducted by Hilario Díaz (Ph.D.), Thesis 2011, survey on family businesses in manufacturing, commerce and services of Tehuacan, Puebla. Family businesses are an engine of the economy of every country in the world. Family firms perform better than non-family, both sales growth and return on shareholder value.
Title: Mexican micro and small family-owned enterprises with a model of continuity in a globalised environment
Description:
Family businesses in our country are the main source of income and therefore provide us with social stability.
Unfortunately the failure rate presented is very high; its origin is a combination of different interests or purposes of those involved in its organizational structure.
Informality is one of the major specific and common problems of family businesses and the lack of rules to support conservation and create harmony among the family members, generating competitiveness and profitability in the company, according to the documentary and field research conducted by Hilario Díaz (Ph.
D.
), Thesis 2011, survey on family businesses in manufacturing, commerce and services of Tehuacan, Puebla.
Family businesses are an engine of the economy of every country in the world.
Family firms perform better than non-family, both sales growth and return on shareholder value.
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