In response to the statistics showing high mortality among family businesses, this study looks at a group of Spanish family businesses (FBs) that have demonstrated an ability to grow and innovate. Typically, these FBs have gained prestige in the Spanish economy not only because they have reached...

El presente artículo expone los resultados de una innovadora investigación –no existe ningún trabajo de este tipo para el caso español– sobre las prácticas de gobierno y dirección de las empresas españolas. En primer lugar, se presentan los resultados sobre la situación actual de las...

This paper is a continuation of two earlier papers, "Ethics of Personal Behavior in Family Business (I)" (Gallo, 1999) and "Ethics of Personal Behavior in Family Business (II): Differences in Perceptions" (Gallo and Cappuyns, 1999). All three use data gathered from a questionnaire sent in 1998...

This study is based on information obtained from two questionnaires, one sent to the presidents and CEOs of a sample of family businesses and the other sent to independent members of the Boards of Directors of the same businesses. The main points of agreement and the main differences of opinion...

It has been observed in previous studies that certain characteristics of family businesses may impede internationalization. These characteristics include the concentration of decision-making in the hands of a single shareholder or small group of shareholders, delays in the succession process,...

The results presented in the following research paper are based on information collected by means of a questionnaire sent to 1,800 medium-sized and large Spanish family businesses. The owners and managers of these firms were asked about their perceptions of the frequency of violations of ethics...

Most recent work on Boards of Directors has been focused on what can be considered best practices for effective governance in terms of roles, composition, process and style. Furthermore, this literature can be divided among very practically oriented managerial work, and more rigorous,...

This paper documents the research carried out by the Chair of Family Business at IESE using a sample of 305 companies, consisting of 204 non-family businesses (NFBs) and 101 family businesses (FBs). The fact that the FBs in the sample were among the top FBs in Spain and that their financial...

The purpose of this pioneering study in the field of family business is to measure the degree of commitment to the family business among family members who do not actually work in the firm. After analyzing the characteristics of these people, we identify four very different groups. The existence...

This paper summarizes the preliminary findings of a research project of an exploratory nature currently being conducted by IESE's Family Business Chair into violations of ethics in Spanish family businesses. The main results indicate that ethics violations are perceived to be most frequent in...