Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/25265
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dc.contributor.authorBlock, Jörn Hendrichen_US
dc.date.accessioned2008-05-08en_US
dc.date.accessioned2009-07-23T15:03:43Z-
dc.date.available2009-07-23T15:03:43Z-
dc.date.issued2008en_US
dc.identifier.urihttp://hdl.handle.net/10419/25265-
dc.description.abstractLittle is known about the relationship between family firms and their employees. This paper aims to close this gap. We distinguish between family management and family ownership as two dimensions of family firms and analyze their respective influence on downsizing. Our findings show that family management decreases the likelihood of downsizing, whereas the extent of family ownership decreases the likelihood of downsizing only with regard to deep job cuts (above 6%). We conclude that family managers have a strong long-term perspective, which is in line with both agency and stewardship theory. Yet, the idea that reputation concerns lead family owners to shy away from downsizing is only partially supported.en_US
dc.language.isoengen_US
dc.publisher|aSFB 649, Economic Risk|cBerlinen_US
dc.relation.ispartofseries|aSFB 649 discussion paper|x2008,023en_US
dc.subject.jelG34en_US
dc.subject.jelL21en_US
dc.subject.jelM12en_US
dc.subject.jelM13en_US
dc.subject.jelM14en_US
dc.subject.jelM51en_US
dc.subject.ddc330en_US
dc.subject.keywordFamily firmsen_US
dc.subject.keywordfamily managementen_US
dc.subject.keywordfamily ownershipen_US
dc.subject.keywordjob cutsen_US
dc.subject.keyworddownsizingen_US
dc.subject.keywordlayoffsen_US
dc.subject.stwFamilienunternehmenen_US
dc.subject.stwEigentümerstrukturen_US
dc.subject.stwArbeitsbeziehungenen_US
dc.subject.stwPersonalabbauen_US
dc.subject.stwUSAen_US
dc.titleFamily management, family ownership and downsizing: evidence from S&P 500 firmsen_US
dc.type|aWorking Paperen_US
dc.identifier.ppn565417223en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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