Family business and firm performance: evidence from the Mexican Stock Exchange
by Tomás Ignacio Espinoza Aguiló; Nicolás Felipe Espinoza Aguiló
International Journal of Management Practice (IJMP), Vol. 5, No. 4, 2012

Abstract: This study aims to examine whether there are differences in the performance of family and non-family firms after taking into account the peculiarities of the Mexican corporate system, based on the study of Anderson and Reeb (2003). We propose an analysis that allows us to conduct comprehensive study and comparison between companies with different ownership structures (family vs. non-family firms), distinguished by developed patterns of governance with heterogeneous characteristics. We also analyse the effects on performance depending on the degree of ownership concentration. Moreover, we find evidence of a different relationship between governance mechanisms and performance depending on the type of company being family or non-family. Our results are consistent with Anderson and Reeb (2003).

Online publication date: Wed, 14-Nov-2012

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Management Practice (IJMP):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com