Family Firms in Iberoamerica
Special issue call for papers from Academia Revista Latinoamericana de Administración
Family Firms in Iberoamerica
In Association with the 2015 Family Enterprise Research Conference (FERC)
SPECIAL ISSUE DEADLINE: 15 AUGUST 2015
It is widely acknowledged that academic research in family firms in emerging markets in general and Latin America in particular is an understudied subject as noted in recent studies of the state of corporate governance research for emerging markets (Claessens and Yurtoglu, 2013; Fan et al., 2011; Kearney, 2012). Families and family conglomerates still are the main source of controlling shareholders and entrepreneurial source for private sector development in the region. The most important business groups are under the control of families. Some examples are Cencosud (Centrales de Comercio de Suramérica) and Falabella holdings in Chile, the AVAL (Acciones y Valores) conglomerate in Colombia or the Azteca group in Mexico. In Spain and Portugal also many of the most important businesses are family run or family controlled. Representative examples are the Santander financial conglomerate, Inditex (Zara), RIU, Acciona, or Abengoa in Spain and Espirito Santo in Portugal.
Many family firms in the region are facing common problems and challenges for their long term growth and market survival as organizations. These problems have been documented in the empirical literature of family firms(1) but there are fewer studies in the Iberoamerican region regarding firm succession and sustainability, professionalization, internationalization, corporate social responsibility, governance (e.g. CEO turnovers and entrenchment, the role of outside directors, firm efficiency and the founder effect), R&D investments, capital structure andexternal funding among many other topics, the role of family businesses in different economies and societies.
In this special issue, we invite researchers to submit original papers, case studies and review articles that provide new insights on family firms in Iberoamerican countries. Articles that compare the findings from these regions with the current literature are particularly encouraged. The topics to be covered by this call include, but are not limited to:
• Firm succession, family legacy and sustainability of family businesses
• Essays in business history of families firms
• Firm performance and the family founder effect
• Internationalization and businesses diversification in family controlled firms
• Family business groups and conglomerates
• Corporate governance in family firms
• Family businesses finance, capital structure and agency conflicts
• Entrepreneurship dynamics within family firms
• Productivity and innovation in family controlled firms
• Professionalization and delegation within family firms
• The role of family businesses and business families in different economies and societies
Submission Process & Guidelines
Submissions to ARLA are made using Scholar-One Manuscripts, the online submission and peer review system. Registration and access is available at http://mc.manuscriptcentral.com/arla. Interested authors must indicate special issue on ‘Family Firms in Iberoamericas’. Full information and guidance on using Scholar-One Manuscripts is available at the Emerald Scholar-One Manuscripts Support Centre: http://msc.emeraldinsight.com. See more at:
Special issue editors will be at the FERC 2015 conference in Burlington, Vermont (June 3-7, 2015) for in-person meetings and discussions with interested authors. Please contact any of the SI editors for questions on this issue.
Claessens, S., & Yurtoglu, B. (2013). Corporate governance in emerging markets: A survey, Emerging Markets Review, 15: 1–33.
Fan, J., Wei, K., & Xu, X. (2011). Corporate finance and governance in emerging markets: A selective review and an agenda for future research, Journal of Corporate Finance, 17: 207–17.
Kearney, C., 2012. Emerging markets research: trends, issues and future directions. Emerging Markets Review 13: 159–183.
Yu A., Lumpkin G., Sorenson R., & Brigham, K. (2012) The Landscape of Family Business Outcomes: A Summary and Numerical Taxonomy of Dependent Variables, Family Business Review, 25: 33-57.
(1) For a comprehensive review of empirical variables used in FF research see Yu et al. (2012).