Co-author: Jessenia Davila, Post-Doctoral Researcher at IESE Environmental, social and governance (ESG) criteria have become an established practice in the corporate landscape, leading more firms to tie executive compensation to ESG performance. Known as ESG pay, this approach is transforming incentive structures and redefining the meaning of success at the top. But for the leaders […]
Corporate governance in family firms: 7 key concepts
The convergence of personal relationships and business objectives in family firms often gives rise to unique challenges and added complexities in their management and sustainability. In this context, solid corporate governance systems are critical to ensuring their long-term success. On November 7, IESE’s Madrid campus brought together renowned experts to analyze corporate governance as a […]
2023-24 Annual Report
As another academic year winds down, we are pleased to share our 2023-24 Annual Report, a showcase of the Chair’s ongoing efforts to serve the global family-business community. On a personal note, this post also marks my last as the holder of the Chair of Family-Owned Business. Starting September 2024, Prof. Álvaro San Martín will […]
Times of change and opportunity are coming for Spain’s family-owned firms
* This article originally appeared in the newspaper “Expansión” on May 4, 2024 under the title “Llegan tiempos de mudanza y oportunidad para la empresa familiar.” Family firms require solid corporate governance in order to maintain their relevance as engines of growth and employment. Spain’s corporate world has garnered global media attention in recent weeks […]
An analysis of family firms and their impact on diverse stakeholders
Family businesses are economic motors and drivers of social cohesion around the world, which is why it’s important to better understand their impact on diverse stakeholder groups. To learn more, I encourage you to read the new white paper “Vínculos profundos: un análisis riguroso sobre las relaciones entre las empresas familiares y sus stakeholders” (Deep […]
Growth strategies: how alliances can boost the performance of family-owned firms
In today’s fast-paced global environment, growth isn’t an option for family businesses: it’s an imperative to ensure their long-term success and continuity. This reflection and the role of strategic alliances were in the spotlight at the first Family Business Forum for Reflection, organized recently by IESE and the Instituto de Empresa Familiar. This article, written […]
UPCOMING EVENT: IESE-IEF Foro de Reflexión para Empresarios
The Foro de Reflexión is a collaboration between IESE’s Chair of Family-Owned Business and the Instituto de Empresa Familiar designed to foster and support family business initiatives in key areas of development. On Wednesday, February 14, IESE’s Madrid campus will gather experts and entrepreneurs to exchange experiences and expand knowledge on best practices regarding “Alliances […]
Trust and communication, the keys to higher productivity
Declining productivity is a constant concern for both governments and companies, especially small- and medium-sized ones. And it’s no wonder: private enterprises generate over 80% of jobs in developed countries, and 90% in developing economies. Many employers wonder if hybrid work formats are to blame for this decline, or at least struggle to define effective […]
Gender wage gap: fixing the ladder’s broken rung
Numerous studies blame gender-based job segregation for the stubborn gender wage gap. However, women who do the same work as men in the same company are still not paid the same as their male counterparts. This El País article highlights the findings of my rececent study with Prof. Isabel Villamor on the primary drivers of […]
A conversation with Ibukun Awosika
I recently had the great honor of interviewing Ibukun Awosika for IESE’s This Is Real Leadership podcast. Ibukun Awosika has had a long and illustrious career as an entrepreneur, leader, speaker, former president of First Bank of Nigeria and author of several books, including The Girl Entrepreneur. In this episode, we discuss authentic leadership, decision-making […]
