Chair of Family-Owned Business

Chair of Family-Owned Business

Chair: Álvaro San Martín

A forum of learning and connection for family firms

IESE’s Chair of Family-Owned Business was established in 1987 to promote and support family business and business family initiatives around the world.

The first of its kind in Europe, the Chair generates high-impact research and peer-reviewed publications, and actively participates in international conferences, research summits and educational initiatives, including regular sessions in IESE’s Alumni Learning Program.

Research areas.

  • Governance in family-owned firms
  • Interpersonal relationships and family dynamics
  • Succession processes
  • Ethics and corporate social responsibility
  • Sustainability and growth in the family firm
  • Innovation and intrapreneurship

Chair.

Álvaro San Martín is a professor in the Managing People in Organizations Department and the academic director of the Executive MBA in Madrid. With a PhD in Management from INSEAD, Prof. San Martín is an expert in organizational behavior, cultural psychology and team dynamics. His research has featured widely in leading scientific journals, including American Psychologist, Nature Human Behaviour, Psychological Science, and Organizational Behavior and Human Decision Processes.

In addition to his academic roles, Prof. San Martín serves as a member of the International Committee for the Society of Personality and Social Psychology (SPSP) and on the editorial board of the Journal of Personality and Social Psychology (JPSP), a prestigious peer-reviewed publication of the American Psychological Association.

Academic Team.

Pascual Berrone

Pascual Berrone

Professor

Strategic Management
Alfonso Chiner

Alfonso Chiner

Lecturer

Strategic Management
Joan De Dou

Joan De Dou

Former Collaborator

Managing People in Organizations
Marta Elvira

Marta Elvira

Professor

Strategic Management and Managing People in Organizations
Heinrich Liechtenstein

Heinrich Liechtenstein

Professor

Financial Management
Jeroen Neckebrouck

Jeroen Neckebrouck

Associate Professor

Entrepreneurship
Edi Soler

Edi Soler

Senior Lecturer

Accounting and Control and Analysis of Business Problems
Josep Tàpies

Josep Tàpies

Emeritus Professor

Strategic Management

Collaborators.

Fundacion-Jesus-Serra
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Events.

Blog.

Visit our blog for the latest on the world of family business. You’ll find regularly updated content and frontline insights from our faculty team, as well as links to follow the blog and sign up for our monthly newsletter.

Related Programs.

Value Creation Through Effective Boards
Mujeres en consejos de administración
Artificial Intelligence for Executives

Resources.

Informe

White paper: Las empresas familiares y sus stakeholders

2023-24 Chair of Family-Owned Business Annual Report

2022-23 Chair of Family-Owned Business Annual Report

100 Families That Changed the World

Family-Owned Business: 30 Years of Answered Questions

Publications

Journal Articles (refereed)

MEULEMAN, M., WILSON, N., WRIGHT, M., NECKEBROUCK, J. (2022). When the going gets tough. Private equity firms' role as agents and the resolution of financial distress in buyouts. Journal of Small Business Management, 60 (3), 513-540. doi:https://doi.org/10.1080/00472778.2020.1717242. RAMUS, T., VACCARO, A., BERRONE, P. (2021). Time matters! How hybrid organizations use time to respond to divergent stakeholder demands. Organization Studies, 42 (10), 1529-1555. doi:https://doi.org/10.1177/0170840619900341. NECKEBROUCK, J., MEULEMAN, M., MANIGART, S. (2021). Governance Implications of Attracting External Equity Investors In Private Family Firms. Academy of Management Perspectives, 35 (1), 25-44. doi:https://doi.org/10.5465/amp.2017.0204.

Working Papers

BARBAT, J., CEJA, L., TÀPIES, J. (2013). Key Issues in Family Councils: Insights from the Spanish Experience (WP-1070-E). Barcelona: IESE. CEJA, L., TÀPIES, J. (2011). A model of psychological ownership in next-generation members of family-owned firms: A qualitative study (DI-929-E). TÀPIES, J., CEJA, L. (2011). Los protocolos familiares en países de habla hispana: Cómo son y para qué se utilizan (DI-931).

Proceedings

NEACSU, I., ELVIRA, M., RODRÍGUEZ-LLUESMA, C. (2018). Thriving at the top in the digital era. The impact of ICT on TMT agility. Annual Meeting Proceedings: Chicago 2018. Academy of Management Proceedings. NECKEBROUCK, J., SCHULZE, W. (2018). How do private firms respond to performance feedback?. The Role of governance and self-enhancement. Annual Meeting Proceedings: Chicago 2018. Academy of Management Proceedings. NECKEBROUCK, J., MANIGART, S., MEULEMAN, M. (2016). Working for divergent principals. Effects of private equity on employment practices in family firms. Academy of Management Proceedings.

Books

TÀPIES, J. (2018). Empresa Familiar: 30 años de preguntas con respuesta. Barcelona: IESE. TÀPIES, J., SAN ROMÁN, E., GIL, Á. (2016). 100 Families that Changed the World. Family Businesses and Industrialization. Barcelona: Fundación Jesús Serra. GALLO, M. Á., GÓMEZ, G. (2015). Evolución y desarrollo de la empresa y de la familia. Barañáin: EUNSA. Ediciones Universidad de Navarra.

Edited books

TÀPIES, J. (2011). Familia empresaria. Argentina: LID Editorial Empresarial. TÀPIES, J., WARD, J. L. (2008). Family Values and Value Creation. The Fostering of Enduring Values Within Family-Owned Businesses. Basingstoke [England]: Palgrave Macmillan. GALLO, M. Á. (2004). La sucesión en la empresa familiar. Barcelona: Estudios y Ediciones IESE.

Non-refereed articles

ELVIRA, M. (2022). Profundizando en la relación entre empresas familiares y sus ‘stakeholders’. Harvard Deusto Business Review (326). PROAÑO VICENTE, Á., ELVIRA, M. (2021). El papel del consejo de administración en la transformación digital: una hoja de ruta. IESE. CANALS, J., CASSIMAN, B., ELVIRA, M., SIEBER, S., RAES, A. (2018). Cómo la IA cambiará (o no) tu modo de dirigir. Inteligencia artificial. IESE Insight (38), pp. 47 - 54.

Studies

ELVIRA, M. (2024). Estudio sobre retribución de los Consejer@s de Empresas Familiares no cotizadas. Transearch España, Madrid, España. ELVIRA, M., TORRES, B., REVILLA, M. D. M. (2024). Vínculos profundos: Un análisis riguroso sobre las relaciones entre las empresas familiares y sus stakeholders. IESE. ELVIRA, M., VISINTIN, S. (2019). Índice de Dinamismo Laboral Meta4 IDL, Mayo de 2019. 10ª edición. IESE.

Cases

ELVIRA, M., MITCHELL, J., LUDWIG, H. (2025). thyssenkrupp: Reinventing the German industrial giant (B). IESE, SM-1775-E. REICHE, S., VALOR SABATIER, J., SASTRE BOQUET, I. (2024). From two to one: The IT integration of CaixaBank and Bankia (A). IESE, OIT-31-E. ELVIRA, M., MITCHELL, J., LUDWIG, H. (2024). thyssenkrupp: Reinventing the German industrial giant (A). IESE, SM-1756-E.

Technical Notes

TÀPIES, J., CEJA, L. (2015). A Guide to Reflecting on Your Entrance Into the Family Enterprise. IESE, SMN-691-E. CEJA, L., TÀPIES, J. (2015). La función y las responsabilidades del Consejo de Administración en la empresa familiar. IESE, SMN-693. TÀPIES, J., CEJA, L. (2015). Guía para reflexionar sobre la entrada en la empresa familiar. IESE, SMN-691.

Outputs in other media

TÀPIES, J. (2019). Five Rules To Prevent Conflicts In Family Businesses. Forbes. TÀPIES, J. (2015). Cuatro protagonistas para un buen relevo. El Periódico de Catalunya, Barcelona. BERRONE, P. (2012). ¿Se puede compartir el liderazgo? Newsletter de Empresa Familiar.

Journal Articles (refereed)

GODECHOT, O., TOMASKOVIC-DEVEY, D., BOZA, I., HENRIKSEN, L., HERMANSEN, A. S., HOU, F., KODAMA, N., KŘÍŽKOVÁ, A., JUNG, J., LIPPÉNYI, Z., MELZER, S. M., MUN, E., SABANCI, H., THANING, M., AVENT-HOLT, D., BANDELJ, N., APASCARITEI, P., BAUDOUR, A., CORT, D., ELVIRA, M., HAJDU, G., KANJUO-MRČELA, A., KING, J., PENNER, A., PETERSEN, T., POJE, A., RAINEY, W., SAFI, M., ... SOENER, M. (2024). The Great separation. Top earner segregation at work in advanced capitalist economies. AMERICAN JOURNAL OF SOCIOLOGY, 130 (2), 439-495. doi:10.1086/731603. APASCARITEI, P., ELVIRA, M., RODRÍGUEZ-GARCÍA, M. (2024). Flexing to outperform. Workforce differentiation, HR flexibility and firm performance. International Journal of Manpower, 45 (8), 1540-1554. doi:10.1108/IJM-02-2024-0146. SABANCI, H., ELVIRA, M. (2024). The Outcomes of cross-category career moves. How cross-industry mobility and industry prestige jointly impact executive compensation. Academy of Management Journal, 67 (3), 767-797. doi:10.5465/amj.2020.1423.

Proceedings

BONET, R., ELVIRA, M., VISINTIN, S. (2020). Hiring temps but losing perms?. The Effects of temporary hiring on turnover in a dual labor market. Annual Meeting Proceedings: Virtual 2020. Academy of Management Proceedings. ELVIRA, M., SABANCI, H. (2020). Leaps of faith. Cross-industry mobility, industry status, and executive compensation. Annual Meeting Proceedings: Virtual 2020. Academy of Management Proceedings. NEACSU, I., ELVIRA, M., RODRÍGUEZ-LLUESMA, C. (2018). Thriving at the top in the digital era. The impact of ICT on TMT agility. Annual Meeting Proceedings: Chicago 2018. Academy of Management Proceedings.

Edited books

DÁVILA, A., ELVIRA, M., RAMIREZ, J., ZAPATA-CANTU, L. (2012). Understanding Organizations in Complex, Emergent, and Uncertain Environments. Basingstoke [England]: Palgrave Macmillan. DÁVILA, A., ELVIRA, M. (2008). Best Human Resource Management Practices in Latin America. Abingdon, Oxon ; New York: Routledge. ELVIRA, M., DÁVILA, A. (2005). Managing Human Resources in Latin America. An Agenda for International Leaders. Abingdon, Oxon ; New York: Routledge.

Book Chapters

NEACSU, I., ELVIRA, M., RODRÍGUEZ-LLUESMA, C., ESCARLAT, E. (2022). Connectivity in the virtual office space. Catalyst or impediment to TMT agility?. In Bertolaso, M., Capone, L., & Rodriguez-Lluesma, C. (Eds.), Digital humanism: a human-centric approach to digital technologies (pp. 193-219). London: Palgrave Macmillan. BONET, R., ELVIRA, M., VISINTIN, S. (2021). Voluntary turnover in the Spanish cultural and institutional context. In Allen, D. ; Vandarman, J. (Eds.), Global Turnover. Abingdon, Oxon ; New York: Routledge. ELVIRA, M., CALLEJA, L. M. (2019). General management as firm ownership changes. In Caldart, A., Ricart, J.E. and Carrera, A. (Eds), General Management in Latin and Ibero American Organizations: A Humanistic Perspective. Abingdon, Oxon ; New York: Routledge.

Non-refereed articles

ELVIRA, M. (2022). Profundizando en la relación entre empresas familiares y sus ‘stakeholders’. Harvard Deusto Business Review (326). PROAÑO VICENTE, Á., ELVIRA, M. (2021). El papel del consejo de administración en la transformación digital: una hoja de ruta. IESE. APASCARITEI, P., ELVIRA, M. (2019). Diferencias en la búsqueda de empleo, por género, entre la población ocupada. Economistas (161), pp. 10 - 20.

Studies

ELVIRA, M. (2024). Estudio sobre retribución de los Consejer@s de Empresas Familiares no cotizadas. Transearch España, Madrid, España. ELVIRA, M., TORRES, B., REVILLA, M. D. M. (2024). Vínculos profundos: Un análisis riguroso sobre las relaciones entre las empresas familiares y sus stakeholders. IESE. ELVIRA, M., VISINTIN, S. (2022). El índice de dinamismo laboral y la evolución salarial. IDL 15ª edición. IESE.

Cases

ELVIRA, M., MITCHELL, J., LUDWIG, H. (2025). thyssenkrupp: Reinventing the German industrial giant (B). IESE, SM-1775-E. ELVIRA, M., MITCHELL, J., LUDWIG, H. (2024). thyssenkrupp: Reinventing the German industrial giant (A). IESE, SM-1756-E. ELVIRA, M., MITCHELL, J., LUDWIG, H. (2024). thyssenkrupp: reinventando el gigante industrial alemán (A). IESE, SM-1756.

Technical Notes

RODRÍGUEZ-LLUESMA, C., MARTÍN, M., ELVIRA, M. (2024). Diversity in top management teams. IESE, DPON-149-E. , VILLAMOR, M., ELVIRA, M. (2020). Diversity In Boards of Directors: A Synthesis and Review. IESE, DPON-159-E. RODRÍGUEZ-LLUESMA, C., ELVIRA, M., MARTÍN, M. (2019). La diversidad en los equipos de alta dirección. IESE, DPON-149.

Outputs in other media

ELVIRA, M. (2018). Leading Virtual Teams. Alumni Magazine. ELVIRA, M. (2018). Claves para dirigir un equipo virtual. Revista de Antiguos Alumnos. ELVIRA, M. (2017). Leading Virtual Teams. Managing geographically dispersed, virtual teams is a growing reality. Here are five aspects that make all the difference. IESE Insight.