Dinámicas internas y los retos específicos de las empresas familiares en Ecuador

Abstract

This scientific article aims to present the internal dynamics and specific challenges family businesses in Ecuador, using a qualitative approach to develop strategies from a legal, sustainable, and long-term perspective. For the analysis of the extracted information, the qualitative analysis technique, particularly content analysis, was chosen. The objective is to support the idea of creating regulations for good corporate governance specifically tailored to family businesses. The importance lies in improving the interaction among family members within these businesses, enabling more efficient and proactive management and establishing clear rules for their operation and management. It is necessary to acknowledge that although there are existing regulations, they are not specific to family businesses. As a result, they do not limit chains of command, control, decision-making, or conflict resolution for these enterprises. This situation makes family businesses less competitive and lowers their quality. Currently, family businesses represent a significant share of the market, contributing to employment generation and economic development. However, they are facing a challenging phase due to internal conflicts, sales, or the extinction of their legal status in the market.