90% of family businesses in the Basque Country have fewer than 50 employees
The winner of the Alberto Alberdi award, Paula Martínez Sanchís, has explained to us the characteristics of the family business in the Basque Autonomous Community.
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Euskaraz irakurri
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Family businesses in the Basque Country are characterized by their dimension “extremely small” compared to the rest of Europe. Paula Martínez Sanchís, winner of the Alberto Alberdi prize for her doctoral thesis on the family business, has made us a X-ray of the family business in the territory.
On the one hand, their size allows them to have more flexibility and agility in the face of financial crises, be more independenthave older cost effectiveness finance or manage their resources more efficient.
On the contrary, their size makes them most vulnerable in the face of financial crises.
According to Paula Martínez Sanchís, different studies indicate that the majority of family businesses are in the step between first and the second generation.
In another order of things, he points out that the work of family businesses is little recognized.
Source: Eitb
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
