Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Making Financial and Administration Decisions at Family Business
Języki publikacji
Abstrakty
The family microenterprise is characterized by having an informal organizational structure, where family members participate actively; decision making is concentrated in the owner's hands, decisions are given quickly, however, these are mixed with the family. Cash management is a key to the survival of these companies since there must be a balance between the inflows and outflows of money. The cash flow represents an indicator of the financial strength of the company. The objective of the study was to analyze the decision-making process in the cash management of the family microenterprise, applying semi-structured interviews with managers of three commercial family microbusinesses. The findings indicate that the owners are the decision-makers in an empirical, informal, emergent manner, with limited participation of the family, in order to remain in the market. They resist the use of support tools for cash management, generating lack of control in business operations, concluding that it is necessary to professionalize microentrepreneurs, so that they have skills that facilitate their decisions and take advantage of the financial resources available for their permanence. (original abstract)
Czasopismo
Rocznik
Strony
305--322
Opis fizyczny
Twórcy
autor
- Universidad Autónoma de Occidente, Mexico
autor
- Universidad de Occidente, Mexico
Bibliografia
- Anzola Rojas Sérvulo (1993), Interamericana, Mc Graw-Hill, México.
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- Barrow C. (1996), La esencia de la Administración de Pequeñas Empresas, Prentice-Hall Hispanoamericana, S.A. Colombia.
- Belousteguigoitia I. (2006), Empresas Familiares: su dinámica, equilibrio y consolidación, McGraw-Hill, México.
- Ceballos Mondragón J. (2007), Manual operativo para PYMES, Grupo Editorial ISEF, México.
- Ibarra Valdez D. (2001), El buen uso del dinero. La etapa financiera de un plan de negocios, Limusa Noriega Editores.
- Molina Parra P.A., Botero Botero S., Montoya Monsalve J.N. (2016), Empresas de familia: conceptos y modelos para su análisis, "Pensamiento & Gestión", Núm. 41, Universidad del Norte Barranquilla, Colombia, pp. 116-149.
- Poza J.E. (2005), Empresas familiares, Thompson Editores, S.A. de C.V.
- Pearson A., Carr J. y Shaw J. (2008), Toward a theory of familiness: A social capital perspective, "Entrepreneurship Theory and Practice", 32, pp. 949-969.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171515224