Published Dec 1, 2009



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Jorge Avendano Alcaraz

Louise Kelly

Rosa Nelly Trevinyo Rodríguez

Sergio Madero

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Abstract
Being a family business is not good or bad per se; it is an extra characteristic that management has to deal with. In fact, family influence can become a blessing or a curse for a company, depending on how family members handle Key Success Family Factors (KSFF). This paper presents the Two Stages Scoring (TSS) model, a tool that companies can use to develop a competitive advantage based precisely on family influence. TSS Model is based on results obtained in a Mexican Family Businesses research, in which the relationship between family influence and firm performance was tested. The variable “family influence” was measured through the common F-PEC instrument and by FAMILIAL INDEX, while the “firm performance” was measured by CEO level of satisfaction on six financial performance dimensions. Conclusions of the research include that family influence- firm performance relationship is not high for this sample of companies and, as a consequence, the TSS model is proposed based on the idea that firm performance is related more effectively to the KSFF.
Keywords

empresas familiares mexicanas, ventaja competitiva, factores familiares clave del éxitoMexican family businesses, competitive advantage, key success family factorsNegócio familiar mexicano, vantagem competitiva, fatores chave sucesso familiar

References
How to Cite
Avendano Alcaraz, J., Kelly, L., Trevinyo Rodríguez, R. N., & Madero, S. (2009). A Family Based Competitive Advantage: Handling the Key Success Family Factors in Mexican Family Businesses. Cuadernos De Administración, 22(39). Retrieved from https://revistas.javeriana.edu.co/index.php/cuadernos_admon/article/view/3841
Section
Artículos