The objective of this paper is to identify the relevant aspects studied in connection to the diversification of the family business that develops its activity in a business environment with unstable characteristics, considering those socio-emotional aspects that are particularly important for the family owner, and that could impact this election. The review reflects that research on the topic is in an incipient state. Studies conducted in the context of Taiwan predominate - where it is customary to establish business groups supported by strong links generated from a dominant family - and the strategic option of diversifying has been strongly associated with the purpose of securing family ownership and continuity in the business through generational transfer, dimensions that make up socio-emotional wealth. This paper contributes to reflect on the influence that family objectives exert on business decision-making and highlights the need for further research on the reasons behind the strategic choices of these organizations in different emerging markets.
El presente trabajo parte de explorar en la literatura los enfoques predominantes utilizados para abordar la influencia de la familia en el negocio, con el objetivo de proponer una correspondencia posible entre dos aspectos que se presentan como privativos de las empresas familiares y que contribuyen a explicar un comportamiento distintivo frente a las no familiares: riqueza socioemocional y familiaridad —socioemotional wealth y familiness, por su acepción en inglés—. En tal sentido, y al reconocer que se trata de una particular visión que tiene la intención de reflexionar y aportar al conocimiento de estas organizaciones y, al mismo tiempo, complementar otras visiones, se revisan ambas perspectivas desde la teoría para concluir, finalmente, que los objetivos familiares o no económicos que componen el stock emocional, son los que dan lugar y moldean los recursos distintivos de la empresa de naturaleza familiar.
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