“…The importance of comparative studies on family enterprises has been described extensively by diverse studies (Casillas and Acid, 2007;Chrisman, J. J., Kellermanns, Chan and Liano, 2010;Benavides-Velasco, Quintana-García and Guzmán-Parra, 2013). There are a lot of notable studies where this topic is highlighted within the actual environmental analysis of family firms (Casillas, Navarrese and Menéndez, 2013;Omaña andBriceño, 2013 to Occur rarely, Gemar andGuerrero-Murillo, 2017). Furthermore, various studies look at family enterprises from a financial perspective, which is also a topic that continues to interest investigators at present by highlighting some examples, we can indicate work like that of Arosa, Iturralde and Maseda (2010); Aparicio, Basco, Iturralde and Maseda, (2017); Di Pietro, Palacín-Sánchez and Roldán (2018) or Rakotoarivelo, Zaraté and Kilgour (2018).…”