<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-7678</journal-id>
<journal-title><![CDATA[Investigación administrativa]]></journal-title>
<abbrev-journal-title><![CDATA[Investig. adm.]]></abbrev-journal-title>
<issn>2448-7678</issn>
<publisher>
<publisher-name><![CDATA[Instituto Politécnico Nacional, Escuela Superior de Comercio y Administración]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-76782020000100007</article-id>
<article-id pub-id-type="doi">10.35426/iav49n125.07</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Empresas familiares: estructura de capital y riqueza socioemocional]]></article-title>
<article-title xml:lang="en"><![CDATA[Family businesses: capital structure and socio-emotional wealth]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Aguilar]]></surname>
<given-names><![CDATA[Víctor G.]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Briozzo]]></surname>
<given-names><![CDATA[Anahí]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Cuenca Facultad de Ciencias Económicas y Administrativas ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Ecuador</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad Nacional del Sur Departamento de Ciencias de la Administración ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Argentina</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2020</year>
</pub-date>
<volume>49</volume>
<numero>125</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-76782020000100007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-76782020000100007&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-76782020000100007&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En este artículo se revisan los aportes teórico-conceptuales y empíricos más destacables relacionados con las decisiones de financiamiento en empresas familiares, con el objetivo de contextualizar a la firma familiar como un área de estudio por sí misma. El análisis bibliográfico sigue un método que da cuenta de un recorrido conceptual por los elementos más importantes en la empresa familiar contrarrestándolos con lo comúnmente observado para las empresas no familiares e incluyendo para tal efecto, la mención a trabajos que presenten resultados empíricos. La revisión da como resultado el hallazgo de coincidencias entre distintos trabajos, en cuanto se refiere a la existencia en la empresa familiar, de una realidad socioemocional y otra puramente de negocios, por lo tanto, la existencia de un aparente conflicto en las decisiones derivadas de la contradicción entre lo normativo y lo comportamental, utilizando como elemento básico del análisis, a las decisiones sobre estructura de capital. La relevancia del trabajo resulta de la esquematización del problema bajo estudio y la detección de vacíos de conocimiento, lo que sirve como base para futuras investigaciones. Las limitaciones se derivan del riesgo de no detectar en la revisión de antecedentes aportes innovadores, aunque con bajo número de citas.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This article reviews the most significant theorical, conceptual and empirical literature related to the financing decisions adopted in family owned business. The purpose is to conceptualize family business as an independent study area. The bibliographic analysis has been designed to recount a conceptual itinerary that contrasts the most important elements of family business literature with what is most commonly observed in non-family business research -these includes studies that present empirical results. Using capital structure as the main unit of analysis, the review shows certain coincidences amongst different works that point to the existence of a socioemotional reality and another purely corporate. The coexistence of both realities results in an apparent conflict in family business decisions that stems from the contradiction between the normative and the behavioral approach. The relevance of the work results from the schematization of the problem under study and the detection of knowledge gaps, which serves as the basis for future research. The limitations derive from the risk of not detecting innovative contributions in the background check, although with a low number of citations.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[empresas familiares]]></kwd>
<kwd lng="es"><![CDATA[estructura de capital]]></kwd>
<kwd lng="es"><![CDATA[maximización de valor]]></kwd>
<kwd lng="es"><![CDATA[riqueza socioemocional]]></kwd>
<kwd lng="es"><![CDATA[decisiones de financiamiento]]></kwd>
<kwd lng="es"><![CDATA[G32]]></kwd>
<kwd lng="es"><![CDATA[G41]]></kwd>
<kwd lng="en"><![CDATA[family businesses]]></kwd>
<kwd lng="en"><![CDATA[capital structure]]></kwd>
<kwd lng="en"><![CDATA[value maximization]]></kwd>
<kwd lng="en"><![CDATA[socioemotional wealth]]></kwd>
<kwd lng="en"><![CDATA[financing decisions]]></kwd>
<kwd lng="en"><![CDATA[G32]]></kwd>
<kwd lng="en"><![CDATA[G41]]></kwd>
</kwd-group>
</article-meta>
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