What is it about?
The family business in the field of social economy represents the actions and commitments it has with its members and the community, according to the philosophy and principles of the cooperative as a business organization; it also helps to strengthen its social capital and promote family integration.The objective of the study was to analyze the family business as a boost to the social economy from the organizational figure of the cooperative, taking as a case study a tourist cooperative in northern Sinaloa, Mexico.
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Why is it important?
The studies of family businesses are important, transcendent and increasingly necessary, whether they are about the analysis of succession, conflict, power, leadership, communication or innovation; among the reasons for this, just to mention one aspect, there are some consanguine actors that have a continuous participation in the construction of their knowledge that are shared from generation to generation.
Perspectives
These family businesses also maintain a direct relationship with the environment around them, in such a way that they extend their scope of action since as a family, they belong to the type of social organization where their interest is to strengthen links for the benefit of the community or society in which they are. Puga (2006), cited by Meira and Carvalhal (2013), states that family businesses are directly responsible for social development, generating opportunities for inclusion in society through the creation of approximately 75% of new jobs and maintenance of 85% of existing jobs.
Dr Juan Pedro Ibarra-Michel
Read the Original
This page is a summary of: The Family Business as a Driver of the Social Economy: The Case of a Tourist Cooperative in Sinaloa, Mexico, IRA-International Journal of Management & Social Sciences (ISSN 2455-2267), August 2017, Institute of Research Advances,
DOI: 10.21013/jmss.v8.n2.p5.
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