SUCESIÓN EN EMPRESAS FAMILIARES. ANÁLISIS DESDE LA TEORÍA DE LA AGENCIA. CASO: CALDAS

This article is the result of a research titled: "Succession in Family Companies: analysis from the Agency Theory", in which the main approaches of the agency theory and its applications are exposed in the case of family companies. It also shows the findings related to the practices for di...

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Bibliographic Details
Published in:Criterio libre 2011-07, Vol.9 (15), p.193
Main Authors: Ramírez, Víctor Hernando Macías, Ospina, Duván Emilio Ramírez
Format: Article
Language:Spanish
Subjects:
Agency theory
Career development planning
Family owned businesses
Studies
Succession planning
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Summary:This article is the result of a research titled: "Succession in Family Companies: analysis from the Agency Theory", in which the main approaches of the agency theory and its applications are exposed in the case of family companies. It also shows the findings related to the practices for direction succession linked to new family relatives in a study of seven cases in the Department of Caldas, Colombia. For its development we go through the theoretical construction that diverse authors have made about concepts such as family companies, the succession process, the Agency Theory and the way family companies face the process, fruit of the "finite" nature of the human being that forces a succession in its direction. The results of the investigation allows recommendations to family companies in the way to deal with the succession process that sooner or later will have to be faced. Some of the difficulties found during the work, was the unavailability of the directors to collaborate in gathering information. The findings evidenced the need to continue exploring the different aspect of family companies. [PUBLICATION ABSTRACT]
ISSN:1900-0642
2323-0886