Abstract
The Grupo Ferré Rangel is a diversified group of enterprises in the media, real estate, and healthcare industries based in Puerto Rico in the Caribbean. The fourth generation of the Ferré family currently owns and operates its various media outlets. El Nuevo Día and Primera Hora, its banner dailies, together represent about 80% of the newspaper and advertising market in Puerto Rico. A variety of other mediarelated companies, along with a real-estate investment company operating both in Puerto Rico and the USA and a healthcare company operating in Chile, are also actively managed by Ferré family members.
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Notes and References
Adapted from Chapter 9, “Family governance,” in Poza, E., & Daugherty, M. (2014), Family Business, 4th edn., Mason, OH: South-Western/Cengage Learning.
The case is factually accurate. The names of the company and the family have been changed to protect the privacy of the family.
Heck, R. (2004), “A commentary on ‘Entrepreneurship in family vs. non-family firms: a resource-based analysis of the eff ect of organizational culture’,” by Zahara, S., Hayton, J.C., & Salvato, C., Entrepreneurship Theory and Practice, 28(4), pp. 383–389.
Stewart, A. (2003), “Help one another, use one another: toward an anthropology of family business,” Entrepreneurship Theory and Practice, summer, pp. 383–396.
LaChapelle, K., & Barnes, L. (1998), “The trust catalyst in family-owned businesses,” Family Business Review 11(1), pp. 1–17.
Hoover’s Online & Orbis Database, Company Profiles, Cargill (2013). See http://www.hoovers.com and https://orbis.bvdinfo.com/version-201372/home.serv?product=orbisneo.
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© 2014 Alexander Koeberle-Schmid, Denise Kenyon-Rouvinez & Ernesto J. Poza
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Koeberle-Schmid, A., Kenyon-Rouvinez, D., Poza, E.J. (2014). Family Councils and Chief Family Officers. In: Governance in Family Enterprises. Palgrave Macmillan, London. https://doi.org/10.1057/9781137293909_8
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DOI: https://doi.org/10.1057/9781137293909_8
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