Executive Managers in Large Mexican Family Businesses


Autoria(s): Hoshino, Taeko
Data(s)

19/10/2006

19/10/2006

01/11/2005

Resumo

The involvement of members of owners' families in the running of large family businesses in Mexico is decreasing. Although family members still hold key posts such as that of CEO, other executive posts tend to be delegated to professional salaried managers. Top managers, including family members, share some common characteristics. They are young compared with managers in other developed countries, their quality as human resources is high, and many of them are graduates of overseas MBA courses. Most of them are sufficiently experienced. Improvement of quality among top managers is a recent phenomenon in Mexico, and has been encouraged mainly by the following two factors. First, globalization of business activities was promoted by intense competition among firms under conditions of market liberalization. In order to equip themselves with the ability to cope with the globalization of their operations, large family businesses tried hard to improve the quality of top management, by training and educating existing managers, and/or by recruiting managers in the outside labor market. Second, developments in the Mexican economy during the 1990s led to a growth in the labor market for top managers Thus, business restructuring caused by bankruptcy, as well as mergers and acquisitions, privatization and so on, led to the dismissal of business managers who then entered the labor market in large numbers. The increasing presence of these managers in the labor market helped family businesses to recruit well-qualified senior executives.

Formato

666709 bytes

application/pdf

Identificador

IDE Discussion Paper. No. 40. 2005.11

http://hdl.handle.net/2344/166

IDE Discussion Paper

40

Idioma(s)

en

eng

Publicador

Institute of Developing Economies, JETRO

日本貿易振興機構アジア経済研究所

Palavras-Chave #Family business #Ownership #Management #Managers #Mexico #Family concern #Large-scale enterprises #Industrial management #経営 #経営者 #メキシコ #同族会社 #大企業 #企業経営 #335.4 #335.13 #LCMX Mexico メキシコ #K22 - Corporation and Securities Law #L22 - Firm Organization and Market Structure: #M12 - Personnel Management #M13 - Entrepreneurship #658.11
Tipo

Working Paper

Technical Report