UID:
kobvindex_ZLB34043769
Umfang:
1 Online-Ressource (36 Seiten)
,
2,02 MB
Serie:
Working Papers of the Institute of Management Berlin at the Berlin School of Economics and Law (HWR Berlin) No. 92
Inhalt:
This paper analyzes the differences in labor demand and labor turnover between family and nonfamily firms. The majority of firms in modern economies and, therefore, also in Germany are family controlled. These firms seem to have better employment performance than non-family controlled companies. Therefore, this study applies a treatment model for panel data using family firms as a treatment indicator. Moreover, a propensity score estimation is introduced to the model to control for selectivity. The results of the estimations indicate that labor demand is possibly larger because of family members joining the firms as extra employees. Moreover, labor turnover is lower, thus supporting the assumption that family firms offer some kind of implicit contracts to their employees and are more loss averse than other establishments. However, evidence of these results for establishments with 20 or more employees is generally weaker, indicating that the differences between both types of firms decrease with firm size.
Sprache:
Englisch
URL:
http://hdl.handle.net/10419/167654
URL:
http://www.mba-berlin.de/fileadmin/user_upload/MAIN-dateien/1_IMB/Working_Papers/2016/WP_92_Employment_in_Family_Firms.pdf
Mehr zum Autor:
Kölling, Arnd
