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August 16, 2025Journal of Family Business Management

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

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Authors

JRJuan Manuel San Martín ReynaAMArgentina Soto MacielJAJosé Luis Esparza Aguilar

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Overview

Statistical analysis reveals that family-owned SMEs perform better in uncertain environments, suggesting strategic benefits of family management.

Key Points

  • Family involvement in ownership and management leads to improved business performance, particularly in uncertain conditions.
  • The analysis of family-owned vs. non-family-owned SMEs showed significant performance differences, with higher ROI in family firms.
  • This observational study of SMEs across three regions in Mexico highlights the economic value of family participation.
  • Understanding family-owned business dynamics may support targeted initiatives for succession planning and strategic advantages.

Cite This Study

Reyna et al. (2025) studied this question.

synapsesocial.com/papers/68af59e3ad7bf08b1eadeb2chttps://doi.org/10.1108/jfbm-04-2025-0099
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Also Consider

Synapse has enriched 3 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Firm Resources and Sustained Competitive Advantage1991 · 47,724 citations
  2. 2Ownership Structure, Strategic Posture, and Firm Growth: An Empirical Examination1994 · 114 citations
  3. 3The COVID-19 pandemic and family business performance2023 · 57 citations