A Note on Family Business Governance in Latin America
商品編號:W30297
出版日期:2023/05/06
再版日期:
商品來源:
商品主題:General Management/Strategy; International Business
商品類型:Note
涵蓋議題:family firms, governance, latin america
難易度:5 - MBA/Postgraduate
內容長度:15 頁
地域:Chile; Colombia; Mexico; Peru
產業:
事件年度:2022
Many factors influence corporate governance in a family firm, the most prevalent form of business entity in Latin America. National culture affects a family firm's societal values, as well as economic, political, and legal systems of governance. Normative behaviour and expectations are also key factors that affect both individual and organizational norms. The firm’s characteristics are another major source of influence. In addition to these major factors, various other variables play a role on shaping the firm's corporate governance, including family unity, patriarchal expectations, and inclusivity of the family definition. All of these factors can influence the numerous decisions that family businesses make in regard to their corporate governance, which makes it impossible to apply one approach for all family firms in Latin America. Each organization’s board of directors may have specific characteristics that require different mechanisms to make effective governance decisions. This technical note discusses an evolutionary pattern of corporate governance, rather than a single approach, that could be effectively applied to the decision-making board of a family firm in Latin America.
教學手冊:A Note on Family Business Governance in Latin America - Teaching Note
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