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Title:HRM practices and performance of family-run workplaces: Evidence from the 2004 WERS PDF Logo
Authors:Siebert, W. Stanley
Peng, Fei
Maimaiti, Yasheng
Issue Date:2011
Series/Report no.:Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5899
Abstract:This paper analyses HRM practices of family-run workplaces using the 2004 WERS. Family-ownership and management within workplaces in the corporate sector is our focus. This family-run group represents nationally about 26% of workplaces and 14% of employment. We find that employees in this group have stronger feelings of job security and loyalty, which we relate to family companies' HRM practices such as stronger support for long-term employment - an inclusivity linked to long-term orientation. We also find that family-owned and managed workplaces have better financial and quality performance measures than non-family, to which family-related HRM practices contribute.
Subjects:HRM practices
family business
loyalty
job security
financial performance
JEL:J01
L26
M54
Persistent Identifier of the first edition:urn:nbn:de:101:1-201108152066
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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