Author
Listed:
- Segundo Camino Mogro
- Natalia Bermudez Barrezueta
AbstractFamily businesses (FB) are the oldest structure of humanity, representing a predominant role in the economy of each country. In Ecuador, the importance of FB is notorious; in 2016, family-owned companies contributed with 51% of GDP, however there is no standardized methodology to define whether a company is FBor not, in this sense, this research builds a methodology that differentiates companies according to its ownership structure, adding an index that determines the degree of power that the family has over the company. We foundthat approximately 86% of the companies are family members, while 14% correspond to companies of non-family structure. Our results are robust according to several scenarios proposed for small, medium and large companies that include different percentages used for the definition of FB, because we show that an increase of 10 percentage points over 20% of the initial methodological definition, demonstrates that only 4,49% of the total companies analyzed become NFB. Finally, we show that 63,2% of the FBin Ecuador have a high decision power indicator; of this total, large family businesses have 69,3% with a high level of family involvement, while on the other hand, in the case of microenterprises, this proportion corresponds to only 59,8%. The proposed methodology is expected to be a tool to standardize the variable of classification of companies in family and non-family ata national level and provide data for the development of future research agendas, which provide analyzes supported by empirical evidence
Suggested Citation
Segundo Camino Mogro & Natalia Bermudez Barrezueta, 2018.
"Las Empresas Familiares en el Ecuador: Definición y aplicación metodológica,"
X-pedientes_Economicos, X-pedientes Económicos, vol. 2(3), pages 46-72.
Handle:
RePEc:xpe:journl:v:2:y:2018:i:3:p:46-72
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:xpe:journl:v:2:y:2018:i:3:p:46-72. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jose Guerra Cedillo (email available below). General contact details of provider: .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.