Empresas familiares e não familiares na Bolsa de Valores do México: comparação dos retornos financeiros 2006-2012 / Family and non-family businesses on the Mexican Stock Exchange: comparison of financial returns 2006-2012
Family businesses represent most organizations in Mexico and participate in a wide variety of industries. They come in all sizes, even among the largest in the country. In the Mexican Stock Exchange (BMV), 70% of the companies that issue shares are family members (Belausteguigoitia, 2012). Research...
| Autores: | , , |
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| Formato: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2021 |
| País: | Brasil |
| Recursos: | Instituto Superior de Educação Vera Cruz (VeraCruz) |
| Repositorio: | Revista Veras |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs2.ojs.brazilianjournals.com.br:article/30347 |
| Acesso em linha: | https://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/30347 |
| Access Level: | acceso abierto |
| Palavra-chave: | Family businesses performance Mexican Stock Exchange profitability ROE ROA. |
| Resumo: | Family businesses represent most organizations in Mexico and participate in a wide variety of industries. They come in all sizes, even among the largest in the country. In the Mexican Stock Exchange (BMV), 70% of the companies that issue shares are family members (Belausteguigoitia, 2012). Research has been conducted in various countries comparing returns between family and non-family businesses (Villalonga and Amit, 2006). A comparative study of this nature was lacking in Mexico, which would allow us to know the performance of family organizations. This work offers additional value as it compares returns during years of crisis and stability. Preliminary results indicate that during years of relative financial instability (due to the 2008 crisis), family organizations show significantly higher returns than non-family ones, while in years of stability the returns tend to be similar. In addition to presenting detailed results during this period, some hypotheses are put forward that explain the fact that family organizations perform better in times of crisis. |
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