Most Latin American economies are dominated by large cosmopolitan family businesses referred to as grupos. This article examines how the unique economic, political, and sociocultural characteristics of Latin America affect the ownership, management, and family dynamics of these organizations.
Get full access to this article
View all access options for this article.
References
1.
Bonilla, F.The Failure of Elites. Cambridge, Mass.: MIT Press, 1970.
2.
Davis, S., and Goodman, L. W.Workers and Managers in Latin America. Lexington, Mass.: D. C. Heath, 1972.
3.
Davis, J., and Tagiuri, R.“Bivalent Attributes of Family Business.” Unpublished manuscript, Owner Managed Business Institute, Santa Barbara, California, 1986.
4.
Leff, N.‘Capital Markets in the Developing Countries: The Group Principle.”In R. I. McKinnon (ed.), Contemporary Cultures and Societies of Latin America. New York: New York Press, 1976.
5.
Leff, N.‘Industrial Organization and Entrepreneurship in the Developing Countries: The Economic Groups.”Economic Development and Cultural Change, 1978, 26 (4), 661–675.
6.
Lipset, S. M., and Solari, A.Elites in Latin America. New York: Oxford University Press, 1967.
7.
Naim, M., and Piñango, R.El caso Venezuela: Una ilusion de armonia [The Case of Venezuela: An Illusion of Harmony]. Caracas, Venezuela: Ediciones IESA, 1984.
8.
Solari, A. L., Franco, R., and Jutkowitz, J.Teoria, accion social y desarrollo en America Latina [Theory, Social Action, and Development in Latin America]. Mexico: Siglo Veintiuno Editores S.A., 1976.
9.
Strachman, H.Family and Other Groups in Economic Development: The Case of Nicaragua. New York: Praeger, 1976.
10.
Woehrer, C. E.“Ethnic Families in the Circumplex Model: Integrating Nuclear with Extended Family Systems.” In D. H. Olson, S. C. Russell, and D. H. Sprenkle (eds.), The Circumplex Model: Systemic Assessment and Treatment of Families. New York: Haworth Press, 1988.