As two Latin-American born and North-American educated academics, we were often intrigued by the discourse in English-language business magazines and general media praising the successes of large family conglomerates in Latin America and other developing regions juxtaposed to a similar discourse on the success of firms with private and dispersed ownership in North America and other developed regions.

We find the evolution of firm ownership and how choices for CEO succession are made to be quite fascinating. We seek to understand what drives these choices made by entrepreneurs, firm owners and their managers, whether these agents are part of the same family entity or separate agents within a corporate organizational structure. In particular, we are interested in understanding the relationship between these succession choices and their impact on the internal organization of the firms and its outcomes.

This project is exclusively a research project and has no commercial means or links.