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Narrative and Family Business Firms: A Discourse Framework Toward Continuity and Competitiveness

2020 , Atristain-Suárez, Connie , García Alvarez, Santiago

Family business firms (FBFs) constantly struggle with the challenge of successfully reaching and surviving beyond the third generation. Narrative or storytelling is frequently used in business to transmit knowledge, achieve goals, create and maintain a connection with stakeholders, and achieve sustained growth. Most FBFs consciously or unconsciously use narrative and possess their own discourse, which is unique to every family and family business and which may aid FBFs in achieving continuity. FBFs must have an adequate atmosphere of collaboration and cooperation so that group members can transform acquired tacit knowledge through storytelling into explicit action. FBFs should be prepared to help collaborators and other stakeholders build competencies since tacit knowledge transfer, through narrative, can aid in the solving of problems, enhance innovativeness, and improve strategic decision-making. Therefore, narrative may well aid FBFs in fulfilling their ultimate goal of continuity. The purpose of this chapter is to evaluate the potential influence of narrative on FBFs’ continuity and prevention of their precipitous expiration. This chapter contributes to previous literature that sheds light on the narrative implications of FBFs, and depicts FBFs’ narratives and the dynamics of their business objectives, as well as touches on the heterogeneous nature of each family business’ storyline. There are various advantages to FBFs’ storytelling; perhaps the most noteworthy is the achievement of sustained business growth and continuity. © 2020 Emerald Publishing Limited.

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The Role of Development and Commercial Banking in Promoting Economic Growth in Mexico: A Sectoral Analysis

2024 , Gil-Jardón, Jesús Antonio , Morganti, Paolo Riccardo , Atristain-Suárez, Connie

This study examines the impact of credit extended by both commercial and development banks on exports, GDP, and FDI across different sectors in Mexico. The research lies within the broader context of financial sector development and its role in promoting regional development and economic growth. We use panel data techniques to compare traditional models that include only commercial bank credit with models incorporating development bank credit. Our results emphasize the different and complementary roles of commercial and development banks. The latter is crucial in addressing market failures and supporting long-term, socially and economically beneficial projects. The study concludes that development bank credit should be integrated into economic studies to better understand its contribution to sustainable growth. It suggests that policymakers should coordinate the roles of both banking sectors to foster a balanced and resilient economy. ©The Authors ©MDPI

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Organizational Performance and Competitiveness: Analysis of Small Firms

2013 , Atristain-Suárez, Connie

MX

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Introduction : Strategy, Power and CSR: Practices and Challenges in Organizational Management

2020 , García Alvarez, Santiago , Atristain-Suárez, Connie