Role of the Board of Directors in Family Businesses in Peru: A Qualitative Perspective

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Main Authors: Tito-Huamani, Pedro Leonardo, Velarde-Sussoni, Julia
Format: Recurso digital
Language:English
Published: Zenodo 2025
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author Tito-Huamani, Pedro Leonardo
Velarde-Sussoni, Julia
author_facet Tito-Huamani, Pedro Leonardo
Velarde-Sussoni, Julia
contents <p>This study analyzes the role of the board of directors in the management and development of family businesses in Peru. The research uses a qualitative approach, conducting in-depth interviews with 14 participants, and determining the total number of interviewees through theoretical saturation. The interviews included executives from four small, four medium-sized, and six large companies. The interviews included 12 semi-structured questions and were analyzed using ATLAS.ti software. The findings revealed that boards of directors are composed of family members and outside professionals, creating a balance between the family's vision and independent perspectives in a changing environment. Furthermore, the board plays a strategic and advisory role, making key decisions to guide the direction of the business. This study concludes that the board of directors is key to the strategic planning and sustainability of family businesses.</p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_15619832
institution Zenodo
language eng
publishDate 2025
publisher Zenodo
record_format zenodo
spellingShingle Role of the Board of Directors in Family Businesses in Peru: A Qualitative Perspective
Tito-Huamani, Pedro Leonardo
Velarde-Sussoni, Julia
board of directors, family businesses, management roles, small and medium-sized enterprises, decision making
<p>This study analyzes the role of the board of directors in the management and development of family businesses in Peru. The research uses a qualitative approach, conducting in-depth interviews with 14 participants, and determining the total number of interviewees through theoretical saturation. The interviews included executives from four small, four medium-sized, and six large companies. The interviews included 12 semi-structured questions and were analyzed using ATLAS.ti software. The findings revealed that boards of directors are composed of family members and outside professionals, creating a balance between the family's vision and independent perspectives in a changing environment. Furthermore, the board plays a strategic and advisory role, making key decisions to guide the direction of the business. This study concludes that the board of directors is key to the strategic planning and sustainability of family businesses.</p>
title Role of the Board of Directors in Family Businesses in Peru: A Qualitative Perspective
topic board of directors, family businesses, management roles, small and medium-sized enterprises, decision making
url https://doi.org/10.5281/zenodo.15619832