Ir al contenido

Documat


Management capability and performance in Spanish family firms

  • Lucia Garcés-Galdeano [1] ; Carmen García-Olaverri [1] Árbol académico
    1. [1] Universidad Pública de Navarra

      Universidad Pública de Navarra

      Pamplona, España

  • Localización: Academia Revista Latinoamericana de Administración, ISSN-e 2056-5127, ISSN 1012-8255, Vol. 29, Nº. 3, 2016 (Ejemplar dedicado a: Family firms in Ibero-America), págs. 303-325
  • Idioma: inglés
  • DOI: 10.1108/ARLA-08-2015-0195
  • Títulos paralelos:
    • Capacidad de gestión y rendimiento en las empresas familiares españolas
  • Texto completo no disponible (Saber más ...)
  • Resumen
    • español

      Objetivo Este artículo explora las posibles causas de la heterogeneidad observada en la productividad de las empresas españolas, buscando un vínculo entre la capacidad de gestión y la productividad en el contexto de las empresas familiares. Además, se muestra cómo las políticas innovadoras de recursos humanos se encuentran con mayor frecuencia en las empresas donde hay una mejor capacidad de gestión.

      Diseño/metodología/enfoque Por primera vez, se analizan las diferencias de productividad en las empresas familiares españolas desde el punto de vista de la gestión empresarial, utilizando análisis de correspondencias múltiples (MCA).

      Conclusiones Este trabajo mide la capacidad de gestión de una forma innovadora. Las políticas de recursos humanos se encuentran con mayor frecuencia en las empresas donde hay una alta capacidad de gestión. Se muestra que la ventaja competitiva de la empresa no es la suma individual de cada elemento, sino más bien una combinación de elementos de capital humano. Además, se establece una clara asociación entre la capacidad de gestión y los resultados en las empresas familiares. Por lo tanto, la mejora de las habilidades de la gestión empresarial permite a las empresas familiares españolas diseñar las estrategias y estructuras internas necesarias para facilitar su adaptación al entorno empresarial, y de ese modo, lograr mejoras en los resultados.

      Originalidad/valor Este artículo muestra la asociación entre la capacidad de gestión y la productividad de una forma original, a través de análisis de correspondencias múltiples (MCA). Establece una clara asociación positiva entre la capacidad de gestión y los resultados en las empresas familiares. Por lo tanto, la mejora de las habilidades de gestión permite a las empresas familiares españolas lograr mejoras en los resultados.

    • English

      Purpose The purpose of this paper is to explore the possible causes of the heterogeneous productivity observed in Spanish firms, finding evidence of a link between managerial capability and higher productivity in the context of family firms. Also, innovative human resource policies are much more frequently found in companies where there is a high level of management capability.

      Design/methodology/approach Productivity differences in Spanish family firms are, for the first time, analysed from a managerial view, and using multiple correspondence analysis (MCA).

      Findings This paper proposes a way to measure managerial capability. Innovative human resource policies are much more frequently found in companies with high levels of management capability. The authors show that sustained competitive advantage is not just a function of single or isolated components, but rather a combination of human capital elements. Besides, a clear association between high managerial capability and performance in family firms is established. Thus, better management skills enable Spanish family firms to design the necessary strategies and internal structures to facilitate their adjustment to the business environment, and, thereby, achieve operational performance gains.

      Originality/value This paper proposes a way to measure managerial capability and its association with productivity in Spanish family firms using MCA. The authors also show a clear positive association between high managerial capability and performance in family firms. Thus, better management skills enable Spanish family firms to achieve operational performance gains.

  • Referencias bibliográficas
    • Acemoglu, D., Johnson, S. and Robinson, J. (2004), “Institutions as the fundamental cause of long-run growth”, NBER Working Paper Series No....
    • Adkins, L. (1995), Gendered Work, Open University Press, Buckingham.
    • Ahire, S.L. and Golhar, D.Y. (1996), “Quality management in large vs small firms: an empirical investigation”, Journal of Small Business Management,...
    • Anderson, R. and Reeb, D. (2003), “Founding-family ownership and firm performance: evidence from the S&P 500”, Journal of Finance, Vol....
    • Anderson, C.R. and Reeb, M.D. (2004), “Board composition: balancing family influence in S&P 500 firms”, Administrative Science Quarterly,...
    • Balbastre-Benavent, F. and Canet-Giner, M.T. (2011), “The strategy formation process in the EFQM excellence model: a critical review and new...
    • Barrett, R. and Mayson, S. (2007), “Human resource management in growing small firms”, Journal of Small Business and Enterprise Development,...
    • Bayo‐Moriones, A. and Merino‐Díez de Cerio, L. (2002), “Human resource management, strategy and operational performance in the Spanish manufacturing...
    • Bayo‐Moriones, A., Larraza‐Kintana, M. and Merino‐Díez de Cerio, J. (2003), “The determinants of training in Spanish manufacturing firms”,...
    • Blair, M. M. and Kochan, T. (Eds) (2000), The New Relationship, Brookings Institution Press, Washington, DC.
    • Bloom, N. and Van Reenen, J. (2007), “Measuring and explaining management practices across firms and countries”, Quarterly Journal of Economics,...
    • Bloom, N. and Van Reenen, J. (2010), “Why do management practices differ across firms and countries?”, Journal of Economic Perspectives, Vol....
    • Bloom, N., Sadun, R. and Van Reenen, J. (2009), “The organization of firms across countries”, NBER Working Paper Series No. W15129, National...
    • Bloom, N., Sadun, R. and Van Reenen, J. (2012a), “Americans do it better: US multinationals and the productivity miracle”, American Economic...
    • Bloom, N., Sadun, R., Genakos, C. and Van Reenen, J. (2012b), “Management practices across firms and countries”, The Academy of Management...
    • Cassell, C., Nadin, S., Gray, M. and Clegg, C. (2002), “Exploring human resource management practices in small and medium sized enterprises”,...
    • Chandler, A.J. (1962), Strategy and Structure, MIT Press, Cambridge MA.
    • Coase, R. (1937), “The nature of the firm”, Economica, Vol. 4 No. 16, pp. 386-405.
    • Cotton, J.L. (1993), Employee Involvement: Methods for Improving Performance and Work Attitude, Sage, Newbury Park, CA.
    • Cristini, A., Gaj, A., Labory, S. and Leoni, R. (2003), “Flat hierarchical structure, bundles of new work practices and firm performance”,...
    • Cruz, C., Larraza-Kintana, M., Garcés-Galdeano, L. and Berrone, P. (2014), “Are family firms really more socially responsible?”, Entrepreneurship...
    • De Kok, J.M.P. and den Hartog, D. (2006), “High performance work systems, performance and innovativeness in small firms”, SCALES-paper, EIM...
    • Delaney, J.T. and Huselid, M.A. (1996), “The impact of human resource management practices on performance in for-profit and non-profit organizations”,...
    • Deshpande, S. and Golhar, D. (1994), “HRM practices in large and small manufacturing firms: a comparative study”, Journal of Small Business...
    • Ellington, E.P., Jones, R.T. and Deane, R. (1996), “TQM adoption practices in the family-owned business”, Family Business Review, Vol. 9 No....
    • Fernández de Guevara, J. (2011), La productividad sectorial en España: una perspectiva micro, ISBN: 978-84-92937-16-5, Economia y Sociedad,...
    • Fernández Villaverde, J. and Garicano, L. (2013), “Son constitucionales siete millones de parados?”, El País, 26 May, available at: http://economia.elpais.com/economia/2013/05/24/actualidad/1369395949_779312.html...
    • Foster, L., Haltiwanger, J.C. and Syverson, C. (2008), “Reallocation, firm turnover, and efficiency: selection on productivity or profitability?”,...
    • Garcés-Galdeano, L., Larraza-Kintana, M., García-Olaverri, C. and Makri, M. (2016), “Entrepreneurial orientation in family firms: the moderating...
    • García-Olaverri, C., Huerta-Arribas, E. and Larraza-Kintana, M. (2006), “Human and organizational capital: typologies and determinants in...
    • Garicano, L. (2012), “Los de la Champions y los demás”, El País, 18 May, available at: http://economia.elpais.com/economia/2012/03/19/actualidad/1332171595_135780.html...
    • Garicano, L., LeLarge, C. and Van Reenen, J. (2011), “Firm size distortions and the productivity distribution: evidence from France”, working...
    • Gittleman, M., Horrigan, M. and Joyce, M. (1998), “Flexible workplace practices: evidence from a nationally representative survey”, Industrial...
    • Gomez-Mejia, L.R., Larraza-Kintana, M. and Makri, M. (2003), “The determinants of executive compensation in family-controlled public corporations”,...
    • Gomez-Mejia, L.R., Cruz, C., Berrone, P. and de Castro, J. (2011), “The bind that ties: socioemotional wealth preservation in family firms”,...
    • Gomez-Mejia, L.R., Haynes, K.T., Núñez-Nickel, M., Jacobson, K.J.L. and Moyano-Fuentes, J. (2007), “Socioemotional wealth and business risks...
    • Grant, R. (2008), Contemporary Strategy Analysis, ISBN: 978-1-119-12084-1, 6th ed., John Wiley & Sons Ltd, London.
    • Gulbrandsen, T. (2005), “Flexibility in Norwegian family-owned enterprises”, Family Business Review, Vol. 18 No. 1, pp. 57-76.
    • Habbershon, T.G. and Pistrui, J. (2002), “Enterprising families domain: family-influenced ownership groups in pursuit of transgenerational...
    • Helpman, E., Melitz, M. and Yeaple, S. (2004), “Export versus FDI with heterogeneous firms”, American Economic Review, Vol. 94 No. 1, pp....
    • Hoang, D.T., Igelb, B. and Laosirihongthong, T. (2010), “Total quality management (TQM) strategy and organisational characteristics: evidence...
    • Huang, Y.H., Li, E.Y. and Chen, J.S. (2009), “Information synergy as the catalyst between information technology capability and innovativeness:...
    • Huerta, E., Bayo, A., Garcia-Olaverri, C. and Merino, J. (2003), Los desafíos de la competitividad, Fundación BBVA, Bilbao.
    • Huselid, M.A. (1995), “The impact of human resource management practices on turnover, productivity, and corporate financial performance”,...
    • Huselid, M.A. and Becker, B.E. (1996), “Methodological issues in cross-sectional and panel estimates of the HR-firm performance link”, Industrial...
    • Koch, J.M. and McGrath, R.G. (1996), “Improving labour productivity: human resource management policies do matter”, Strategic Management Journal,...
    • Kotey, B. and Folker, C. (2007), “Employee training in SMEs: effect of size and firm type – family and nonfamily”, Journal of Small Business...
    • Kotey, B. and Slade, P. (2005), “Formal human resource management practices in small growing firms”, Journal of Small Business Management,...
    • Kuhn, D. (2011), “Delayering and firm performance: evidence from Swiss firm-level data”, Discussion Paper No. 2, working papers, Faculty of...
    • Lansberg, I. (1999), Succeeding Generations, Harvard Business School Press, Boston, MA.
    • Larraza, M., Urtasun, A. and García-Olaverri, C. (2006), “High performance work systems and firm’s operational performance: the moderating...
    • Lawler, E.E., Mohrman, S.A. and Ledford, G.E. Jr (1992), Employee Involvement and Total Quality Management: Practices and Results in Fortune...
    • MacDuffie, J.P. (1995), “Human resource bundles and manufacturing performance: organizational logic and flexible production systems in the...
    • Miller, D., Lee, J., Chang, S. and Le Breton-Miller, I. (2009), “Filling the institutional void: the social behavior and performance of family...
    • Osterman, P. (1994), “How common is workplace transformation and who adopts it?”, Industrial and Labor Relations Review, Vol. 47 No. 2, pp....
    • Osterman, P. (2000), “Work reorganization in an era of restructuring: trends in diffusion and effects on employee welfare”, Industrial and...
    • Penrose, E.T. (1959), The Theory of the Growth of the Firm, John Wiley and Sons, New York, NY.
    • Porter, M.E. (1996), “What is a strategy?”, Harvard Business Review, Vol. 14 No. 1, pp. 61-78.
    • Rauch, A., Wiklund, J., Lumpkin, G.T. and Frese, M. (2009), “Entrepreneurial orientation and business performance: an assessment of past research...
    • Roberts, J. (2004), “La Empresa Moderna”, in Bosch, A (Ed.), Organización, estrategia y resultados, Barcelona.
    • Samson, D. and Terziovski, M. (1999), “The relationship between total quality management practices and operational performance”, Journal of...
    • Sirmon, D.G., Hitt, M.A. and Ireland, R.D. (2007), “Managing firm resources in dynamic environments to create value: looking inside the black...
    • Teece, D.J., Pisano, G. and Shuen, A.M.Y. (1997), “Dynamic capabilities and strategic management”, Strategic Management Journal, Vol. 18 No....
    • Voordeckers, W., Van Gils, A. and Van den Heuvel, J. (2007), “Board composition in small and medium-sized family firms”, Journal of Small...
    • Walton, R.E. (1985), “From control to commitment in the workplace”, Harvard Business Review, Vol. 63 No. 2, pp. 77-84.
    • Womack, J.P., Jones, D.T. and Roos, D. (1990), The Machine that Changed the World, Rawson Associates, New York, NY.
    • Wright, P., Gardner, T., Moynihan, L., Park, H., Gerhart, B. and Delery, J. (2001), “Measurement error in research on human resources and...

Fundación Dialnet

Mi Documat

Opciones de artículo

Opciones de compartir

Opciones de entorno