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Family Offices: How Can They Help to Promote Entrepreneurship and Social Responsibility?

Family Offices: How Can They Help to Promote Entrepreneurship and Social Responsibility?
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Author(s): Elena Rivo-López (University of Vigo, Spain)and Mónica Villanueva-Villar (University of Vigo, Spain)
Copyright: 2019
Pages: 18
Source title: Handbook of Research on Entrepreneurial Leadership and Competitive Strategy in Family Business
Source Author(s)/Editor(s): José Manuel Saiz-Álvarez (Tecnológico de Monterrey, Mexico)and Jesús Manuel Palma-Ruiz (Universidad Autónoma de Chihuahua, Mexico)
DOI: 10.4018/978-1-5225-8012-6.ch019

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Abstract

The objective of this chapter is to deepen the knowledge of family offices (FOs) as an instrument that business families have to help promote entrepreneurship and social responsibility activities. With this purpose, the concept and evolution of FOs will be developed. When faced with this purpose, we find the difficulty of accessing information about the FO at a global level, since confidentiality is one of the main characteristics by which families choose this type of structure. Because of this situation, publications on this subject are scarce, and we are forced to resort to international examples from the USA, Europe, Asia, and Latin America to facilitate greater knowledge of the FOs.

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