A adoção de boas práticas de governança de pequenas e médias empresas

A ADOÇÃO DE BOAS PRÁTICAS DE GOVERNANÇA DE PEQUENAS E MÉDIAS EMPRESAS

Autores/as

DOI:

https://doi.org/10.33362/visao.v13i1.3256

Palabras clave:

Empresas familiares, PMEs, Teoría de la Agencia, Gobierno Corporativo

Resumen

Este estudio examina la adopción de buenas prácticas de gobernanza corporativa y la intensidad de estas prácticas en pequeñas y medianas empresas (PME) familiares. Desenvolvemos y testamos nosso quando teórico utilizando datos de levantamiento de empresas brasileñas e análisis factorial y regressão logístico. Los resultados sugieren que el conocimiento de los beneficios de la gobernanza corporativa se eleva como empresas familiares a empregarem altos niveles de boas prácticas de gobernanza corporativa, además de algunas características de los gerentes se elevan como empresas familiares a empregarem bajos niveles de estas prácticas. Por otro lado, como características dos gestores pueden contribuir para que as empresas familiares empreguen bajos niveles de boas prácticas de gobernanza corporativa. Ampliamos una discusión sobre los antecedentes de las boas prácticas de gobernanza corporativa empregadas en empresas familiares y por que algunas de ellas se intensifican más a la adopción de la gobernanza corporativa de otros. Da mesma forma, ofrecemos una perspectiva más amplia, teórica y empírica de los antecedentes de los mecanismos de gobierno corporativo en empresas familiares y a intensidade dessa adoção. Además, el estudio requiere subsidios para que los gestores tomen decisiones en cuanto a aplicaciones de boas prácticas de gobierno corporativo en empresas familiares y contribui para mejorar los índices de mortalidad de las empresas familiares.

Biografía del autor/a

Morgana Cristina Vinholi, UNIVALI

Ma in Business Administration from School of Business at UNIVALI.

Rosilene Marcon, UNIVALI

Dr in Production Engineering from UFSC. Professor at UNIVALI.

Jaison Caetano da Silva, FGV Ebape

Dr in Business Administration from School of Business at UNIVALI. Post-doctoral researcher from Brazilian School of Public and Business Administration at FGV.

Cinara Gambirage, University of Groningen/ UNIARP

Dr in Business Administration from University Regional of Blumenau. Assistant professor from Faculty of Economics and Business at University of Groningen.

Jeferson Lana, UNIVALI

Dr in Business Administration at FGV EAESP. Professor at UNIVALI.

Citas

ABOR, J.; ADJASI, C. Corporate governance and the small and medium enterprises sector: theory and implications. Corporate Governance: The international journal of business in society, v. 7, n. 2, p. 111-122, 2007. https://doi.org/10.1108/14720700710739769.

ABOR, J.; BIEKPE, N. Corporate governance, ownership structure and performance SMEs in Ghana: implications for financing opportunities. Corporate Governance, v. 7, n. 3, p. 288-300, 2007. https://doi.org/10.1108/14720700710756562.

AGUILERA, R. V.; DESENDER, K.; BEDNAR, M. K.; LEE, J. H. Connecting the Dots - bringing external corporate governance into the corporate governance puzzle. The Academy of Management Annals, v. 9 n. 1, p. 483-573, 2015. https://doi.org/10.5465/19416520.2015.1024503.

AZILA-GBETTOR, E. M.; HONYENUGA, B. Q.; BERENT-BRAUN, M. M.; KIL, A. Structural aspects of corporate governance and family firm performance: a systematic review. Journal of Family Business Management, v. 8, n. 3, p. 306–330, 2018. https://doi.org/10.1108/JFBM-12-2017-0045.

BERISHA, G.; PULA, J. S. Defining Small and Medium Enterprises: a critical review. Academic Journal of Business, Administration, Law and Social Sciences, v. 1, n. 1, p. 17-28, 2015. https://iipccl.org/wp-content/uploads/2015/03/Ajbals-17-28.pdf.

BERLE, A.; MEANS, G. The Modern Corporation and Private Property. New York: Macmillan, 1932.

BRUNNINGE, O.; NORDQVIST, M.; WIKLUND, J. Corporate governance and strategic change in SMEs: The effects of ownership, board composition and top management teams. Small Business Economics, v. 29, n. 3, p. 295-308, 2007. https://doi.org/10.1007/s11187-006-9021-2.

CORTÉS, D.; BOTERO, I. Corporate governance in family businesses from Latin America, Spain and Portugal: a review of the literature. Academia Revista Latinoamericana de Administración, v. 29, n. 3, p. 231-254, 2016. https://doi.org/10.1108/ARLA-03-2016-0064.

CHU, W. Family ownership and firm performance influence of family management, family control and firm size. Asia Pacific Journal of Management, v. 28, n. 4, p. 833-851, 2011. https://doi.org/10.1007/s10490-009-9180-1.

EISENHARDT, K. M. Making fast strategic decisions in high velocity environments. Academy of Management Journal, v. 32, n. 3, p. 543-576, 1989. https://doi.org/10.2307/25643.

ESRA, M.; MANISHA, S.; CELINE, B. Family governance and family firm outcomes. Journal of Family Business Management, v. 6, n. 2, p. 1-7, 2016. https://doi.org/10.1108/JFBM-05-2016- 0010.

FELÍCIO, J. A.; GALINDO VILLARDÓN, M. P. Family characteristics and governance of small and medium-sized family firms. Journal of Business Economics and Management, v. 16, n. 6, p. 1069-1084, 2015. https://doi.org/10.3846/16111699.2012.747446.

GARCÍA-RAMOS, R.; GARCÍA-OLALLA, M. Board characteristics and firm performance in public founder-and nonfounder-led family businesses. Journal of Family Business Strategy, v. 2, n. 4, p. 220-231, 2011. https://doi.org/10.1016/j.jfbs.2011.09.001.

GIBSON, B.; VOZIKIS, G.; WEAVER, M. Exploring governance issues in family firms. Small Enterprise Research, v. 20, n. 2, p. 87-97, 2013. https://doi.org/10.5172/ser.2013.20.2.87.

HE, L. Do founders matter? A study of executive compensation, governance structure and firm performance. Journal of Business Venturing, v. 23, n. 3, p. 257-279, 2008. https://doi.org/10.1016/j.jbusvent.2007.02.001.

JENSEN, M. C. The modern industrial revolution, exit, and the failure of internal control systems. The Journal of Finance, v. 48, n. 3, p. 831-880, 1993. https://doi.org/10.1111/j.1540-6261.1993.tb04022.x.

JENSEN, M.; MECKLING, W. Theory of the Firm: Managerial Behavior. Agency Costs and Ownership Structure. Journal of Financial Economics, v. 3, n. 4, p. 305-360, 1976. https://doi.org/10.1016/0304-405X(76)90026-X.

KARAM, P. B. S.; MACHADO FILHO, C.; ABIB, G. Conflicts in boards of family firms: A theoretical framework for strategic decision-making. Revista de Administração Contemporânea, v. 23, n. 6, p. 703-720, 2019. http://doi.org/10.1590/1982-7849rac2019190083.

KREUZBERG, D.; SEIBERT, R. M.; SILVA, R. C. F. da. Governança Corporativa: Um Estudo em uma Empresa Familiar do Ramo de Máquinas e Implementos Agrícolas. Desenvolvimento Em Questão, v. 20, n. 58, e11969, 2022. https://doi.org/10.21527/2237-6453.2022.58.11969.

KUSSUDYARSANA, K.; SOEPATINI, S.; MAIMUN, M. H.; VEMURI, R. Examining formal and relational governance in family small medium enterprises: Evidence from Indonesia. Journal of Entrepreneurship in Emerging Economies, v. 12, n. 2, p. 231-257, 2019. https://doi.org/10.1108/JEEE-10-2018-0108.

LA PORTA, R.; SHLEIFER, A.; LOPEZ-DE-SILANES, F.; VISHNY, R. Investor protection and corporate governance. Journal of Financial Economics, v. 58, n. 1-2, p. 3-27, 2000. https://doi.org/10.1016/S0304-405X(00)00065-9.

MASEDA, A.; ITURRALDE, T.; AROSA, B. Impact of outsiders on firm performance over different generations of family‐owned SMEs. Journal of Small Business Management, v. 53, n. 4, p. 1203-1218, 2015. https://doi.org/10.1111/jsbm.12119.

MEMILI, E.; SINGAL, M.; BARRÉDY, C. Family governance and family firm outcomes. Journal of Family Business Management, v. 6, n. 2, p. 1-7, 2016. https://doi.org/10.1108/JFBM-05-2016-0010.

MOKHBER, M.; GI GI, T; ABDUL RASID, S. Z.; VAKILBASHI, A.; MOHD ZAMIL, N.; WOON SENG, Y. Succession planning and family business performance in SMEs. Journal of Management Development, v. 36, n. 3, p. 330–347, 2017. https://doi.org/10.1108/JMD-12-2015-0171.

MUSTAKALLIO, M.; AUTIO, E.; ZAHRA, S. A. Relational and contractual governance in family firms: effects on strategic decision making. Family Business Review, v. 15, n. 3, p. 205-227, 2002. https://doi.org/10.1111/j.1741-6248.2002.00205.x.

NASCIMENTO, J. B.; SANTOS, T. B. S.; CUNHA FILHO, W. G. Research in Corporate Governance & Family Firms: a research agenda. Revista Organizações em Contexto, v. 10, n. 19, p. 131-153, 2014.

OLIVEIRA, O. V.; ARAGÃO, L. A.; RODRIGUES, V. M. Motivating Factors in The Adoption of Better Corporate Governance Practices by Brazilian Companies. Corporate Ownership & Control, v. 8, n. 1, p. 515-525, 2010. https://doi.org/10.22495/cocv8i1c5p3.

PERROW, C. Economic Theories of Organization. Cambridge University Press, 1986. http://dx.doi.org/10.1007/BF00156926.

PIEPER, T. M. Corporate governance in family firms: A literature review. INSEAD, 2003. p. 121-146.

PRASHAR, A.; GUPTA, P. Corporate boards and firm performance: a meta-analytic approach to examine the impact of contextual factors. International Journal of Emerging Markets, v. 16, n. 7, p. 1454-1478, 2021. https://DOI:10.1108/IJOEM-10-2019-0860.

QIU, H.; FREEL, M. Managing Family-Related Conflicts in Family Businesses: A Review and Research Agenda. Family Business Review, v. 33, n. 1, p. 90–113, 2020. https://doi.org/10.1177/0894486519893223.

RIBEIRO, J. P. M.; VIANA, D. M. DA S.; MARTINS, O. S. Efeito do Ciclo de Vida na Relação entre Qualidade da Governança Corporativa e Custo da Dívida das Empresas Abertas no Brasil. Contabilidade Gestão e Governança, v. 24, n. 3, p. 293–311, 2021. https://doi.org/10.51341/1984-3925_2021v24n3a3.

RIBEIRO, J. E.; SOUZA, A. A. 20 anos de governança corporativa no Brasil. Revista de Administração da Unimep, v. 19, n. 13, p. 156-180, 2022.

SCIASCIA, S.; MAZZOLA, P. Family involvement in ownership and management: exploring nonlinear effects on performance. Family Business Review, v. 21, n. 4, p. 331-345, 2008. https://doi.org/10.1177/08944865080210040105.

SHARMA, P.; CHRISMAN, J. J.; CHUA, J. H. Strategic management of the family business: Past research and future challenges. Family Business Review, v. 10, n. 1, p. 1-35, 1997. https://doi:10.1111/j.1741-6248.1997.00001.x.

SHLEIFER, A.; VISHNY, R. W. A survey of corporate governance. The Journal of Finance, v. 52, n. 2, p. 737-783, 1997. https://doi.org/10.1111/j.1540-6261.1997.tb04820.x.

STEIER, L. P.; CHRISMANN, J. J.; CHUA, J. H. Governance challenges in family businesses and business families. Theory and Practice of Entrepreneurship, v. 39, n. 6, p. 1265-1280, 2015. https://doi.org/10.1177/1042258717748650.

SUESS, J. Family Governance – literature review and the development of a conceptual model. Journal of Family Business Strategy, v. 5, n. 2, p. 138-155, 2014. https://doi.org/10.1016/j.jfbs.2014.02.001.

TRAMBACOS, F.; ALBANEZ, T.; CARVALHO, L. N. G. de. Proposta de Estrutura Conceitual para a Pesquisa em Governança Corporativa. Contabilidade Gestão e Governança, v. 24, n. 3, p. 312–330, 2021. https://doi.org/10.51341/1984-3925_2021v24n3a4 .

UHLANER, L. M.; FLOREN; R. H.; GEERLINGS, J. R. Owner commitment and relational governance in the privately-held firm: an empirical study. Small Business Economics, v. 29, p. 275-293, 2007. http://doi.org/10.1007/s11187.006.9009.y.

ZAHRA, S. A.; SHARMA, P. Family business research: A strategic reflection. Family Business Review, v. 17, n. 4, p. 331-346, 2004. https://doi.org/10.1111/j.1741-6248.2004.00022.x.

Publicado

2024-01-15

Cómo citar

CRISTINA VINHOLI, M.; MARCON, R.; CAETANO DA SILVA, J.; GAMBIRAGE, C.; LANA, J. A adoção de boas práticas de governança de pequenas e médias empresas: A ADOÇÃO DE BOAS PRÁTICAS DE GOVERNANÇA DE PEQUENAS E MÉDIAS EMPRESAS. Revista Visão: Gestão Organizacional, Caçador (SC), Brasil, v. 13, n. 1, p. e3256-e3256, 2024. DOI: 10.33362/visao.v13i1.3256. Disponível em: https://periodicos.uniarp.edu.br/index.php/visao/article/view/3256. Acesso em: 3 jul. 2024.

Número

Sección

Artigos

Artículos más leídos del mismo autor/a