Data for "Influence of Family Culture on Enterprise Risk Management in Brazilian Companies" published by RAC-Revista de Administração Contemporânea

Published: 6 April 2021| Version 1 | DOI: 10.17632/3kn93bwg7j.1


Family involvement creates specific goals that include family interests and values, and is used to pursue the family’s vision, creating effective corporate governance and risk management practices. Objective: our objective is to evaluate the relationship between family influence and enterprise risk management in Brazilian family businesses. Method: data from 142 family businesses was analyzed using descriptive statistics and structural equation modeling. The construct of enterprise risk management comprised: identification, evaluation, response, and communication. Family influence was captured by power, experience, and culture. Results: the results broaden the understanding that, among the three family dimensions investigated, culture is the one that better explains risk management practices. Conclusions: we concluded that the higher the level of family culture, the higher the level of attention to enterprise risk management.



Universidade Regional de Blumenau, Universidade Federal do Parana


Social Sciences