EconPapers    
Economics at your fingertips  
 

Working in family firms

Thomas Breda ()

IZA World of Labor, 2018, No 434, 434

Abstract: Family firms are ubiquitous in most countries. The differences in objectives, governance, and management styles between those firms and their non-family counterparts have several implications for the workforce, which scholars have only recently started to investigate. Family firms offer greater job security, employ different management practices, have a comparative advantage to avoid conflicts when employment relations are more hostile, and provide insurance to workers through implicit contracts when labor market regulation is limited. But all this also comes at a cost.

Keywords: family firms; wages; job security; working conditions; paternalism (search for similar items in EconPapers)
JEL-codes: G34 J31 J33 J63 L26 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
https://wol.iza.org/uploads/articles/434/pdfs/working-in-family-firms.pdf (application/pdf)
https://wol.iza.org/articles/working-in-family-firms (text/html)

Related works:
Working Paper: Working in family firms (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izawol:journl:y:2018:n:434

Access Statistics for this article

IZA World of Labor is currently edited by Daniel S. Hamermesh

More articles in IZA World of Labor from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Bloomsbury Information Ltd ().

 
Page updated 2019-11-10
Handle: RePEc:iza:izawol:journl:y:2018:n:434