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Dr. Elena Rivo-López
Universidade de Vigo

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0 Corporate Governance
0 Sustainability
0 entrepreneurhship
0 Corporate social responsibility
0 Family businesses

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Short Biography

Elena Rivo-López, Ph.D in Business Management, is an Associate Professor at the Business Organization and Marketing Department at the University of Vigo. Her main line of research focuses on the study of family businesses from multiple perspectives: circular economy, value creation, corporate governance, corporate social responsibility, gender perspective, finance, human resources, entrepreneurship, family office,…This activity linked to the family business is not limited exclusively to the field of publications; as co-director of the Family Business Chair of the University of Vigo, she also organizes seminars, workshops, round tables, and manage degree projects about family business.

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Earlycite article
Published: 29 July 2021 in Journal of Manufacturing Technology Management
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Purpose The paper aims to explore the influence of the industry technology intensity on the drivers of manufacturing backshoring. Design/methodology/approach An analysis of backshoring factors in recent cases of backshoring in the European manufacturing industry based on original qualitative and quantitative information collected from different databases. This analysis was performed using different econometric models applied to samples of firms classified by technology intensity of industries. Findings Drivers of backshoring are conditioned by the technology intensity of the industries. The models that analyse firms classified by technology intensity of the industries have a good explanatory capacity with few key factors. In industries with low-technology intensity, backshoring is a cost-oriented strategy and the drivers are linked to internal process optimisation and external factors related to labour and logistics costs in the host location. In industries with high-technology intensity, backshoring is mainly an innovation-oriented strategy and the key drivers are those related to the internal innovation capacity for improvement of the technological level of manufacturing processes. The research also identifies the more suitable theoretical approaches for explaining backshoring drivers in each type of industry according to its technology intensity. Originality/value This research analyses the backshoring drivers by means of models applied to firms classified by the technology intensity of industries. It also reinforces the dynamic perspective of time to analyse backshoring as a reassessment of location decisions made after prior offshoring.

ACS Style

Jesús F. Lampón; Elena Rivo-López. The effect of the industry technology intensity on the drivers of manufacturing backshoring. Journal of Manufacturing Technology Management 2021, ahead-of-p, 1 .

AMA Style

Jesús F. Lampón, Elena Rivo-López. The effect of the industry technology intensity on the drivers of manufacturing backshoring. Journal of Manufacturing Technology Management. 2021; ahead-of-p (ahead-of-p):1.

Chicago/Turabian Style

Jesús F. Lampón; Elena Rivo-López. 2021. "The effect of the industry technology intensity on the drivers of manufacturing backshoring." Journal of Manufacturing Technology Management ahead-of-p, no. ahead-of-p: 1.

Journal article
Published: 13 May 2021 in Sustainability
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District heating and cooling (DHC) systems play an important role under the new European Union (EU) energy transition strategy. Thermal energy networks are helping to stimulate the development of alternative technologies based on a broad range of renewable energy sources. The present study analysed the current situation of DHC systems in Spain and provides an overview of the challenges and future opportunities that their use will entail. Its objective is to assess thermal energy conversion and management from a holistic perspective, including a study of existing energy infrastructures. The focus of this study lies on Spain given the country’s abundance of natural resources such as renewable energy sources including solar energy, biomass and geothermal energy, among others, as well as its strategic location on the map of the EU. Based on the analysis of the three factors for energy conversion in a district heating system, namely resources, technology, and management, the methodology provided an assessment of the different factors involved in running a DHC system. The results show an estimated total production for DHC networks of 1448 MWth, of which 72% is supplied purely by renewable energy sources.

ACS Style

Beatriz Paredes-Sánchez; José Paredes; Natalia Caparrini; Elena Rivo-López. Analysis of District Heating and Cooling Energy Systems in Spain: Resources, Technology and Management. Sustainability 2021, 13, 5442 .

AMA Style

Beatriz Paredes-Sánchez, José Paredes, Natalia Caparrini, Elena Rivo-López. Analysis of District Heating and Cooling Energy Systems in Spain: Resources, Technology and Management. Sustainability. 2021; 13 (10):5442.

Chicago/Turabian Style

Beatriz Paredes-Sánchez; José Paredes; Natalia Caparrini; Elena Rivo-López. 2021. "Analysis of District Heating and Cooling Energy Systems in Spain: Resources, Technology and Management." Sustainability 13, no. 10: 5442.

Journal article
Published: 11 March 2021 in International Journal of Sustainable Energy
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Recent synergies have increased the use of forest biomass for energy purposes. In addition to high investment costs, low feed-in tariffs, and low operational efficiency, the real potential of forest biomass does not always correspond to the potential that is often claimed in studies. Instead of total forest biomass assessments, it is recommended that sustainable afforestation criteria should be introduced to obtain more reliable and environmentally sustainable scenarios. In this article, the most representative forest species in the Alto Minho region (northern Portugal) are identified, as well as the total forest area available. Based on cartography, forest inventory data, and allometric equations, the annually available usable residual forest biomass (RFB) and corresponding potential energy are estimated. Finally, to promote local forest biomass markets and most efficient thermal use of forest biomass is suggested the creation biomass logistic centres (BLCs) and second-generation biomass logistic centres (2GBLCs) are introduced as well.

ACS Style

Duarte N. M. Alves; José L. Míguez Tabarés; Elena Rivo-Lopez; A. Saavedra; Maria E. A. Fariña; Joaquim M. Alonso; Leonel J. R. Nunes. Residual forest biomass and energy assessment: a case study analysis in the region of Alto Minho (North Portugal) for the creation of BLCs and 2GBLCs. International Journal of Sustainable Energy 2021, 1 -18.

AMA Style

Duarte N. M. Alves, José L. Míguez Tabarés, Elena Rivo-Lopez, A. Saavedra, Maria E. A. Fariña, Joaquim M. Alonso, Leonel J. R. Nunes. Residual forest biomass and energy assessment: a case study analysis in the region of Alto Minho (North Portugal) for the creation of BLCs and 2GBLCs. International Journal of Sustainable Energy. 2021; ():1-18.

Chicago/Turabian Style

Duarte N. M. Alves; José L. Míguez Tabarés; Elena Rivo-Lopez; A. Saavedra; Maria E. A. Fariña; Joaquim M. Alonso; Leonel J. R. Nunes. 2021. "Residual forest biomass and energy assessment: a case study analysis in the region of Alto Minho (North Portugal) for the creation of BLCs and 2GBLCs." International Journal of Sustainable Energy , no. : 1-18.

Conference paper
Published: 01 March 2021 in INTED2021 Proceedings
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ACS Style

Elena Rivo-López; Jesús Fernando Lampón; Mónica Villanueva-Villar; Carla María Míguez-Álvarez. ENHANCING WOMEN´S ENTREPRENEURSHIP THROUGH A COMIC BOOK. INTED2021 Proceedings 2021, 1583 -1588.

AMA Style

Elena Rivo-López, Jesús Fernando Lampón, Mónica Villanueva-Villar, Carla María Míguez-Álvarez. ENHANCING WOMEN´S ENTREPRENEURSHIP THROUGH A COMIC BOOK. INTED2021 Proceedings. 2021; ():1583-1588.

Chicago/Turabian Style

Elena Rivo-López; Jesús Fernando Lampón; Mónica Villanueva-Villar; Carla María Míguez-Álvarez. 2021. "ENHANCING WOMEN´S ENTREPRENEURSHIP THROUGH A COMIC BOOK." INTED2021 Proceedings , no. : 1583-1588.

Conference paper
Published: 01 March 2021 in INTED2021 Proceedings
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ACS Style

Elena Rivo-López; Francisco Reyes-Santías; Mónica Villanueva-Villar; Carla María Míguez-Álvarez. TEACHING BUSINESS MANAGEMENT WITH MOVIES. INTED2021 Proceedings 2021, 1589 -1595.

AMA Style

Elena Rivo-López, Francisco Reyes-Santías, Mónica Villanueva-Villar, Carla María Míguez-Álvarez. TEACHING BUSINESS MANAGEMENT WITH MOVIES. INTED2021 Proceedings. 2021; ():1589-1595.

Chicago/Turabian Style

Elena Rivo-López; Francisco Reyes-Santías; Mónica Villanueva-Villar; Carla María Míguez-Álvarez. 2021. "TEACHING BUSINESS MANAGEMENT WITH MOVIES." INTED2021 Proceedings , no. : 1589-1595.

Journal article
Published: 14 February 2021 in Sustainability
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Companies in general and family businesses in particular engage in local collaborations in rather diverse areas through their corporate social responsibility activities. The COVID-19 pandemic has made these contributions to community improvement more apparent, suggesting a paradigm shift. This conceptual paper proposes a reflection about the evolution of the corporate social responsibility activities linked to family businesses in emergencies and from the socioemotional wealth perspective. The contribution of this paper is twofold. Firstly, it provides an in-depth reflection on the evolution of philanthropy, posing the following questions: are we witnessing a reinvention of corporate social responsibility within the framework of family businesses because of the global pandemic; does this new trend deserve support, given the fundamental role that family businesses have played in this situation; and if so, what should such support consist of, and what is the optimal channel for articulating it? Secondly, the paper proposes a theoretical framework from the socioemotional wealth perspective to advance research about corporate social responsibility carried out by family businesses. Business families are more likely to implement strategies that promote ethical behavior and CSR activities in their companies. The pandemic situation has created new possibilities for developing CSR.

ACS Style

Elena Rivo-López; Mónica Villanueva-Villar; Miguel Michinel-Álvarez; Francisco Reyes-Santías. Corporate Social Responsibility and Family Business in the Time of COVID-19: Changing Strategy? Sustainability 2021, 13, 2041 .

AMA Style

Elena Rivo-López, Mónica Villanueva-Villar, Miguel Michinel-Álvarez, Francisco Reyes-Santías. Corporate Social Responsibility and Family Business in the Time of COVID-19: Changing Strategy? Sustainability. 2021; 13 (4):2041.

Chicago/Turabian Style

Elena Rivo-López; Mónica Villanueva-Villar; Miguel Michinel-Álvarez; Francisco Reyes-Santías. 2021. "Corporate Social Responsibility and Family Business in the Time of COVID-19: Changing Strategy?" Sustainability 13, no. 4: 2041.

Journal article
Published: 02 February 2021 in Production Planning & Control
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Any novelty in product architecture design will condition key aspects of production systems and production networks and will involve facing different challenges when implemented. Through a longitudinal case study (2013–2020) in the European production networks of three automobile manufacturers, this paper analyses the implementation process for their new modular platforms. The results show that production network performance is not derived from product design per se. It is mainly conditioned by the production network structure and strategic roles assigned to plants in the implementation process. Networks resulting from the implementation of the new modular architecture are characterized by their geographical dispersion and high number of alternative plants for production, which allow greater operational flexibility to transfer and share manufacturing resources internationally. The implementation of automobile modular platforms has been characterized by a shareable production system, the same value-added activities distribution in the production network and the assignment of a strategic role to some plants as production hubs for specific models.

ACS Style

Jesús F. Lampón; Elena Rivo-López. Modular product architecture implementation and decisions on production network structure and strategic plant roles. Production Planning & Control 2021, 1 -16.

AMA Style

Jesús F. Lampón, Elena Rivo-López. Modular product architecture implementation and decisions on production network structure and strategic plant roles. Production Planning & Control. 2021; ():1-16.

Chicago/Turabian Style

Jesús F. Lampón; Elena Rivo-López. 2021. "Modular product architecture implementation and decisions on production network structure and strategic plant roles." Production Planning & Control , no. : 1-16.

Earlycite article
Published: 10 November 2020 in Journal of Family Business Management
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PurposeThe purpose of this paper is to analyze if choices made by family businesses (FBs) regarding job stability in economic recessions are different, on average, to those made by nonfamily firms. Moreover, the study tries to elucidate if this potential difference depends on the family generation that is in charge. The analysis relies upon a sample of 55,091 Spanish firms, as Spain is one of the countries that suffered the greatest impact of the 2008 Great Recession.Design/methodology/approachTo test the hypotheses, the authors built a database of 55,091 Spanish firms, 45,351 family firms and 9,740 nonfamily firms, for the period 2007–2015. Based on the socioemotional wealth (SEW) approach, this article sheds light on the question of whether family identification, binding social ties and long-term vision lead FB to behave differently from nonfamily businesses in human resource management.FindingsIn times of crisis, FBs do maintain jobs to a higher extent than nonfamily businesses, and this effect is especially intense when the first generation is in charge. According to the SEW approach, the emotional links between ownership and management make the firm more prudent when hiring during good times and when firing in times of crisis. This makes employment in FBs more stable than in private ones. This result has two positive effects. Higher job stability is an additional contribution of family firms to social welfare and happiness. Furthermore, a larger share of family firms involves stronger automatic macrostabilizers to deal with the business cycle, supplementing fiscal macrostabilizers, such as personal income tax (PIT) or unemployment insurance.Practical implicationsFamily firms maintained employment more than nonfamily firms did during the crisis. The emotional links between ownership and management and the long-term vision make the firm more prudent when hiring during good times and when firing in times of crisis. These features could make family firms more cautious in terms of hiring and firing and thus enable them to offer their employees implicit employment protection and stability. This positive effect decreases as firm age advances, due to the minor linkage between ownership and employees, in spite of maintaining identification and long-term vision.Social implicationsFrom a policy perspective, greater job stability is an additional contribution of family firms to social welfare and happiness. Hence, a larger share of family firms would involve stronger automatic macrostabilizers to deal with the business cycle, supplementing well-known fiscal macrostabilizers such as the PIT or unemployment insurance. The idea of family firms as countercyclical agents linking the micro dimension with the macro dimension becomes more interesting in the present context with the crisis generated by COVID-19.Originality/valueIn addition to contributing to the scarce literature on FB and employment in times of crisis, this paper also considers the generational effect on employment in the economic crisis context from the SEW approach. In addition, sound econometric methodology applied using an extremely large database grounded the results. In contrast with studies in the FB field that have typically focused on large listed firms (Mazzi, 2011), the study relies upon a database of privately held companies, which are more representative of FBs in civil law countries, such as Spain. The Spanish case is particularly interesting because it was one of the OECD countries shocked by the Great Recession. Finally, the authors propose family firms as countercyclical agents linking the micro dimension to the macro dimension.

ACS Style

Elena Rivo-López; Mónica Villanueva-Villar; Alberto Vaquero García; Santiago Lago-Peñas. Do family firms contribute to job stability? Evidence from the great recession. Journal of Family Business Management 2020, ahead-of-p, 1 .

AMA Style

Elena Rivo-López, Mónica Villanueva-Villar, Alberto Vaquero García, Santiago Lago-Peñas. Do family firms contribute to job stability? Evidence from the great recession. Journal of Family Business Management. 2020; ahead-of-p (ahead-of-p):1.

Chicago/Turabian Style

Elena Rivo-López; Mónica Villanueva-Villar; Alberto Vaquero García; Santiago Lago-Peñas. 2020. "Do family firms contribute to job stability? Evidence from the great recession." Journal of Family Business Management ahead-of-p, no. ahead-of-p: 1.

Journal article
Published: 10 July 2020 in BMC Health Services Research
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Background The relative lack of flexibility of parametric models has led to the development of nonparametric regression techniques based on the family of generalized additive models. However, despite the potential advantages of using Generalized Additive Model (GAM) in practice many models have, until now, not been sufficiently explored in health economics problems. It could be interesting to calculate a new flexible hospital production function by means of a GAM including interactions and to compare it with the classic model Cobb-Douglas in the prediction of the behavior of productive factors. Method The flexible model considered has been the AM including the beds-facultative interaction. The covariates “Hospital”, being a categorical variable and “Year” being a continuous variable, have also been included in the model. Based on the estimation of the model penalized thin plate splines will be used to represent smoothed functions. In this configuration, the smoothed parameters will be estimated via REML. Results Cobb-douglas model fits well for the production functions of the more general clinical and surgical services, while the GAM adjusts better in the case of more specialized medical services. Conclusions Generalized Additive Models are more flexible than parametric models, providing a better fit in the presence of non-linear relationships and thus allowing more accurate prediction values. The results of this study suggest that AM is a promising technique for the areas of research and application in health economics.

ACS Style

Francisco Reyes-Santías; Octavio Cordova-Arevalo; Elena Rivo-López. Using flexible regression models for calculating hospital’s production functions. BMC Health Services Research 2020, 20, 1 -11.

AMA Style

Francisco Reyes-Santías, Octavio Cordova-Arevalo, Elena Rivo-López. Using flexible regression models for calculating hospital’s production functions. BMC Health Services Research. 2020; 20 (1):1-11.

Chicago/Turabian Style

Francisco Reyes-Santías; Octavio Cordova-Arevalo; Elena Rivo-López. 2020. "Using flexible regression models for calculating hospital’s production functions." BMC Health Services Research 20, no. 1: 1-11.

Journal article
Published: 30 June 2020 in European Journal of Family Business
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Nowadays, family businesses, the predominant form of business worldwide, face an increasingly changing environment boosted by megatrends such as globalization, digitalization, artificial intelligence, climate change and sustainability. Along with this, are factors that play at a firm level such as stricter rules concerning transparency and compliance or the increasing importance of Corporate Social Responsibil- ity (CSR). Therefore, new strategies and organizational changes are necessary to allow for greater adaptation to the new context. This special issue provides insights on these questions from a variety of perspectives. The work of Hernández-Linares and López-Fernán- dez expands the current thinking on this process of adaptation by exploring the combined effects of three strategic orientations (entrepreneurial, learning, and market orientations) on the family firm ́s performance. The authors provide interesting contributions in terms of highlighting the importance of strategic orientations for value creation in enterprise organizations. They also provide empirical evidence that the family char- acter of the firm determines the relationship between strategic orientations and business performance, and offer some results on the effect of market orientation on firm performance in family firms versus non-family firms. Those differences in strategies are further ana- lysed within the setting of the business dimension in which financial and economic decisions are made. The contribution by Terrón-Ibáñez, Gómez-Miranda and Rodríguez-Ariza, discusses the influence of that di- mension in their performance, comparing family and non-family firms. This interesting analysis of financial performance provides useful results. The study showsthat, unlike non-family firms, there is an inverted U- shaped relationship between the size of family SMEs and the value of certain economic–financial indicators, such as the return on assets, operating margin and employee productivity. This means that although the increase in the dimension of the family organizations is positively related to its performance, there are lim- its from which the value of certain economic–financial indicators can be negatively affected. The next paper contributes to the discussion of the family business’s role in the private health sector. Reyes-Santías, Rivo-López and Villanueva-Villar, set out to identify the historical evolution of the family business in this sector, attempting to determine the variation and its contribution to the private health sector during the 1995-2010 period. The findings of this discussion provide family firms with an almost 60% survival level in this sector. Along with this, the au- thors provide some guidelines for future research con- cerning this higher degree of survival, why family firms are leading the concentration process taking place in the sector, as well as their strategies for super-spe- cialization in the services offered especially by family businesses in healthcare. The effect of family ownership and the character- istics of the board of directors on the implementation level of Enterprise Risk Management is an important topic. The article by Otero-González, Rodríguez-Gil, Durán-Santomil and Tamayo-Herrera certainly adds to the discussion. In particular, their research shows that family businesses are less interested in implementing ERM, except when shareholders have greater control of the company and when professional investors are present in the company. Besides, the importance of a board of directors’ characteristics of in terms of risk taking is confirmed by observing that larger boards en- courage risk managers to be hired. The paper by Lorenzo-Gómez looks at the barriers to change that are specific to the characteristics of family business, considering both the barriers that af- fect the perception of the need to undertake changes and the availability of resources to face those chang- es, and the barriers to implementing these changes within already consolidated organizations, where new routines are created to replace the existing ones. Thefindings suggest that the factors affecting these barri- ers include the generation at the head of the family business; the influence of interest groups, particularly in terms of the duality between the company and the family; and the participation level of professionals from outside the family. The final contribution by Aragon-Amonarriz and Iturrioz-Landart offers an interesting discussion on how family-responsible ownership practices enhance social responsibility in small and medium family firms. Their results reveal the positive relationships between the elements of family-responsible ownership in terms of succession management, financial resource allocation, professionalism and social responsibility, and ultimate- ly with the socially responsible behaviour of family SMEs. The challenges surrounding family business owners and the nuances around strategic and organizational decision making are together an area ripe for future research. The editors look forward to seeing future de- velopments on these topics that pay special attention to the influence of family characteristics and dynamics on the strategic and organizational change of family firms, and that draw on both quantitative and quali- tative research methodologies for the wider develop- ment of the field. Acknowledgements. The papers published in this issue were presented at the “II Workshop of Family Business: Strategic and Organizational Change” at Ourense, Galicia, Spain, June, 13-14, 2019. The conference was organized by GEN group research (http:// infogen.webs.uvigo.es/) and the Chair of Family Business of the University of Vigo, and was sponsored by the AGEF (Galician Family Business Association), Inditex Group, IEF (Spanish Family Firm Institute), and with...

ACS Style

Katiuska Cabrera Suarez; Elena Rivo-López; Santiago Lago-Peñas. Strategic and Organizational Change. European Journal of Family Business 2020, 10, 1 .

AMA Style

Katiuska Cabrera Suarez, Elena Rivo-López, Santiago Lago-Peñas. Strategic and Organizational Change. European Journal of Family Business. 2020; 10 (1):1.

Chicago/Turabian Style

Katiuska Cabrera Suarez; Elena Rivo-López; Santiago Lago-Peñas. 2020. "Strategic and Organizational Change." European Journal of Family Business 10, no. 1: 1.

Earlycite article
Published: 19 June 2020 in Journal of Family Business Management
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PurposeThe purpose of this paper is to find throughout history examples of wealth management of a family or business families that can be assimilated into the current concept of family offices (FOs). In such examples, the study identifies characteristics associated with the different dimensions of the concept of socioemotional wealth (SEW).Design/methodology/approachDrawing on the socioemotional perspective, this paper relates significant examples of FOs based on historical stages (ancient history, the middle ages, modern history, the contemporary period and the actual world). Each case is discussed with an effort to identify the dimensions of the SEW that fit and help in understanding the organization studied.FindingsMainly, FOs allow the management of the family legacy, philanthropy, promotion of entrepreneurship and family wealth preservation for future generations. Autonomy in decision-making, privacy and confidentiality and the achievement of more intangible goals make the FO preferable to other institutions. Through the study of historical cases, the FO constitutes a structure with objectives and activities that have remained consistent from Rome to the present, regardless of historical, political or social context. The results also identify four out of five FIBER dimensions of SEW.Originality/valueIn addition to contributing to the scarce literature on FOs, this paper uses various examples of historical periods to better understand its origin, evolution and current state. A selection of examples at different times allows us to verify that FOs undergo a series of changes throughout history but maintain their characteristics regardless of the historical context. This paper is the first to explore the origin and development of the FO as organization. Building on the findings, the authors present a conceptual SEW framework to deepen in the knowledge of FO. This framework could help researchers and practitioners in future researches providing a conceptual link that demonstrates the components of the SEW perspective best fit the objectives pursued by business families when establishing a family office.

ACS Style

Elena Rivo-López; Mónica Villanueva-Villar; Guillermo Suárez-Blázquez; Francisco Reyes-Santías. How does a business family manage its wealth? A family office perspective. Journal of Family Business Management 2020, ahead-of-p, 1 .

AMA Style

Elena Rivo-López, Mónica Villanueva-Villar, Guillermo Suárez-Blázquez, Francisco Reyes-Santías. How does a business family manage its wealth? A family office perspective. Journal of Family Business Management. 2020; ahead-of-p (ahead-of-p):1.

Chicago/Turabian Style

Elena Rivo-López; Mónica Villanueva-Villar; Guillermo Suárez-Blázquez; Francisco Reyes-Santías. 2020. "How does a business family manage its wealth? A family office perspective." Journal of Family Business Management ahead-of-p, no. ahead-of-p: 1.

Journal article
Published: 31 May 2020 in European Journal of Family Business
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La relevancia de la empresa familiar en la economía mundial la ha llevado a ser objeto de estudio desde diversos ámbitos y perspectivas. Sin embargo, el papel que juega la empresa familiar en el sector sanitario privado apenas ha sido analizado. El objetivo de este trabajo de investigación se centra en el estudio de la evolución histórica de la empresa familiar en el ámbito de la sanidad privada, intentando conocer la variación de la contribución de la misma al sector durante el periodo 1995-2018. Con este propósito, se construye una base de datos con los hospitales privados existentes en España, clasificándolos en familiares y no familiares para los años 1995 y 2018, realizando un análisis de corte transversal. Se observa un nivel de supervivencia de las empresas familiares de casi un 60%. Se propone implementar la metodología del estudio de casos en investigación futuras.

ACS Style

Francisco Reyes-Santías; Elena Rivo-López; Mónica Villanueva-Villar. La empresa familiar en el sector sanitario: Evolución y perspectivas futuras. European Journal of Family Business 2020, 10, 36 -43.

AMA Style

Francisco Reyes-Santías, Elena Rivo-López, Mónica Villanueva-Villar. La empresa familiar en el sector sanitario: Evolución y perspectivas futuras. European Journal of Family Business. 2020; 10 (1):36-43.

Chicago/Turabian Style

Francisco Reyes-Santías; Elena Rivo-López; Mónica Villanueva-Villar. 2020. "La empresa familiar en el sector sanitario: Evolución y perspectivas futuras." European Journal of Family Business 10, no. 1: 36-43.

Research article
Published: 01 April 2019 in SAGE Open
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The article poses a dual research question: What are the determining factors of the type of audit opinion in a stressed economic environment and do these factors differ between family and nonfamily firms? Our results show that auditor tenure and return on assets (ROA) raise the probability of receiving a favorable opinion. On the contrary, losses during the previous year, high financial leverage, and hiring a “Big 4” firm increase the probability of receiving an unfavorable opinion. Although the sign and the statistical significance are similar, the size of such effects differs between family and nonfamily firms. Finally, the probability of receiving a report with a favorable opinion increases as the economic situation improves.

ACS Style

Mercedes Mareque; Elena Rivo-López; Mónica Villanueva-Villar; Santiago Lago-Peñas. Audit Opinions: Are They Really Different for Family Businesses? SAGE Open 2019, 9, 1 .

AMA Style

Mercedes Mareque, Elena Rivo-López, Mónica Villanueva-Villar, Santiago Lago-Peñas. Audit Opinions: Are They Really Different for Family Businesses? SAGE Open. 2019; 9 (2):1.

Chicago/Turabian Style

Mercedes Mareque; Elena Rivo-López; Mónica Villanueva-Villar; Santiago Lago-Peñas. 2019. "Audit Opinions: Are They Really Different for Family Businesses?" SAGE Open 9, no. 2: 1.

Journal article
Published: 11 March 2019 in Organizational Dynamics
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ACS Style

María Bastida Domínguez; Elena Rivo-López; Mónica Villanueva-Villar. ‘The glass ceiling’. Organizational Dynamics 2019, 48, 100706 .

AMA Style

María Bastida Domínguez, Elena Rivo-López, Mónica Villanueva-Villar. ‘The glass ceiling’. Organizational Dynamics. 2019; 48 (4):100706.

Chicago/Turabian Style

María Bastida Domínguez; Elena Rivo-López; Mónica Villanueva-Villar. 2019. "‘The glass ceiling’." Organizational Dynamics 48, no. 4: 100706.

Journal article
Published: 01 October 2016 in BRQ Business Research Quarterly
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This paper analyses the effect of corporate governance on value creation. It relies upon a dataset that includes the companies listed on the Spanish Stock Exchange for the period from 2005 to 2012. Attention is focused on the structure and composition of boards. In particular, four variables are analyzed: BOARD_SIZE, BOARD_INDEPENDENCE, BOARD_DILIGENCE (measured by the number of meetings), and DUALITY (chairman and chief executive officer being the same person). Over the period of the deepest economic crisis (2009–2012) the most significant variables that had a positive effect on value creation were BOARD_INDEPENDENCE and BOARD_SIZE. Hence, the global financial crisis has highlighted the need for effective corporate governance. Policy makers should think about translating the recommendations of the Good Governance Codes into legislation (mandatory), to improve corporate governance

ACS Style

Mónica Villanueva-Villar; Elena Rivo-López; Santiago Lago-Peñas. On the relationship between corporate governance and value creation in an economic crisis: Empirical evidence for the Spanish case. BRQ Business Research Quarterly 2016, 19, 233 -245.

AMA Style

Mónica Villanueva-Villar, Elena Rivo-López, Santiago Lago-Peñas. On the relationship between corporate governance and value creation in an economic crisis: Empirical evidence for the Spanish case. BRQ Business Research Quarterly. 2016; 19 (4):233-245.

Chicago/Turabian Style

Mónica Villanueva-Villar; Elena Rivo-López; Santiago Lago-Peñas. 2016. "On the relationship between corporate governance and value creation in an economic crisis: Empirical evidence for the Spanish case." BRQ Business Research Quarterly 19, no. 4: 233-245.

Journal article
Published: 31 May 2013 in Management Research: Journal of the Iberoamerican Academy of Management
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ACS Style

Elena Rivo-López; Nuria Rodríguez-López; Beatriz González Vázquez. The family office in Spain: an exploratory study. Management Research: Journal of the Iberoamerican Academy of Management 2013, 11, 35 -57.

AMA Style

Elena Rivo-López, Nuria Rodríguez-López, Beatriz González Vázquez. The family office in Spain: an exploratory study. Management Research: Journal of the Iberoamerican Academy of Management. 2013; 11 (1):35-57.

Chicago/Turabian Style

Elena Rivo-López; Nuria Rodríguez-López; Beatriz González Vázquez. 2013. "The family office in Spain: an exploratory study." Management Research: Journal of the Iberoamerican Academy of Management 11, no. 1: 35-57.