Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/52029
Authors: 
Siebert, W. Stanley
Peng, Fei
Maimaiti, Yasheng
Year of Publication: 
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: 
Document Type: 
Working Paper

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