Impacto del Compromiso Familiar en el Rendimiento Financiero de las Empresas Familiares

Camila G. Ramírez-de-Castro; Tommy J. Lo-Li

doi:10.70171/gjjeh725

Authors

Camila G. Ramírez-de-Castro University of Lima Author https://orcid.org/0009-0002-5636-1270
Tommy J. Lo-Li University of Lima Author https://orcid.org/0009-0003-3354-2252

DOI:

https://doi.org/10.70171/gjjeh725

Keywords:

commitment, family business, corporate governance, profitability

Abstract

Justification: family commitment influenced family firm performance, yet its effects varied according to internal and external conditions; therefore, an updated synthesis of recent research was required to guide strategic decision-making. Objectives: this review aimed to describe and interpret the findings of studies published between 2022 and 2025 that examined the relationship between family commitment and financial performance in family firms. Methodology: the PRISMA methodology was applied to conduct a systematic review in Scopus and Web of Science; from 3,896 records identified, 48 articles meeting relevance, open-access, language, and quantitative criteria were selected. Results: the studies showed that family commitment could have enhanced or impaired financial performance depending on leadership style, generation in control, institutional context, and emphasis on socioemotional goals; higher resilience during crises and lower investment in innovation were also observed in certain cases. Conclusions: family commitment emerged as a complex variable whose impact varied by contextual factors; its proper management could generate sustainable competitive advantages, whereas lack of professional structures could have constrained the effectiveness of economic decision-making.

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