Family Firms in Iberoamerica

In Association with the 2015 Family Enterprise Research Conference (FERC)


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.


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 firms1 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 and external 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.


For questions regarding, Submission Process & Guidelines for this special Issue please contact the Guest Editors:

Alberto Gimeno, ESADE, Spain [log in to unmask]

Maria Josť Parada, ESADE, Spain [log in to unmask]

Claudio Muller, Universidad de Chile, Chile [log in to unmask]



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.


AIB-L is brought to you by the Academy of International Business.
For information: http://aib.msu.edu/community/aib-l.asp
To post message: [log in to unmask]
For assistance: [log in to unmask]
AIB-L is a moderated list.