Working in family firms

Thomas Breda

Working Papers from HAL

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.

Date: 2025-01-08
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-02074392v1
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Working Paper: Working in family firms (2025)
Journal Article: Working in family firms (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-02074392

DOI: 10.15185/izawol.434

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