Family involvement in ownership and management on business performance: evidence of an emerging market

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AudienciaPúblico en generales_ES
CoberturaMéxicoes_ES
Fecha de ingreso2026-10-05T16:33:06Z
Fecha de publicación2026-01-01
ResumenPurposeEmerging markets are unstable and uncertain environments, particularly for small and medium-sized enterprises, which are often family-owned. In these businesses, family presence influences decision-making and, consequently, their performance. The objective of this paper is to determine whether family involvement in ownership or management has a positive impact on firm performance, particularly in small and medium-sized enterprises operating in uncertain environments.Design/methodology/approachTo achieve this objective, two samples of small and medium-sized enterprises (between 11 and 250 employees), one family-owned and the other non-family-owned, were compared using statistical analysis. In family businesses, the family owns more than 50\% of the shares, and a family member serves as the chief executive officer. Other variables mobilised included gender, first-to-second-generation, second-to-third-generation, age, business size, and business activity. Performance was measured in terms of return on investment. To ensure an unstable and uncertain environment, three geographical regions of Mexico were considered.FindingsThe results underscore the significance of family involvement in the business, particularly in uncertain environments. Better firm performance is observed when the family is involved in both ownership and management, particularly in the case of first-to second-generation businesses. These results are robust, as confirmed by other analyses. Firm size and activity also have a positive impact.Practical implicationsThe results have several implications: for family (considering strategic advantage in uncertainty, generational transitions focus and leveraging family strengths); for policy or support organisations (targeted support for family SMEs, facilitating succession and understanding uncertain environments); and for business education (curriculum on family business, contextualising business strategy and succession planning education).Originality/valueThis study contributes to the understanding of the influence of family involvement on performance in small and medium-sized enterprises by examining the interplay between family ownership and management. The economic value of family involvement in an emerging economy is highlighted from the perspective of familiness. The results contribute to filling gaps in the literature and raise several implications.es_ES
Doihttps://doi.org/10.1108/jfbm-04-2025-0099es_ES
URIhttps://riuat.uat.edu.mx/handle/123456789/4924
Idiomaenes_ES
EditorialEMERALD GROUP PUBLISHING LTDes_ES
RelaciónJournal of Family Business Managementes_ES
URL relacionadohttps://doi.org/10.1108/jfbm-04-2025-0099es_ES
DerechosAcceso restringido / Suscripción (Metadatos de producción científica)es_ES
Licenciahttp://purl.org/coar/access_right/c_16eces_ES
FuenteJournal of Family Business Management
Palabra claveFamily businesses_ES
Palabra claveFamily ownershipes_ES
Palabra claveFamily managementes_ES
Palabra claveFamily involvementes_ES
Palabra clavePerformancees_ES
Palabra claveEmerging economyes_ES
TítuloFamily involvement in ownership and management on business performance: evidence of an emerging marketes_ES
TipoArtículoes_ES
ArbitradoHa sido Arbitradoes_ES
AutorSan Martin Reyna, Juan Manuel
AutorSoto Maciel, Argentina
AutorEsparza Aguilar, Jose Luis
AutorDe la Garza Ramos, Maria Isabel
AutorSan Martin Reyna, Juan Manueles_ES
AutorSoto Maciel, Argentinaes_ES
AutorEsparza Aguilar, Jose Luises_ES
AutorDe la Garza Ramos, Maria Isabeles_ES
InstituciónUniversidad Autónoma de Tamaulipas
InstituciónUniversidad Autónoma de Tamaulipases_ES
Número2es_ES
Rango de páginas373-392es_ES
URL relacionadahttps://doi.org/10.1108/jfbm-04-2025-0099
Tipo de artículoIndexado
Tipo de artículoIndexadoes_ES
Volumen16es_ES

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