منابع مشابه
Family Firms and Labor Relations
Empirical evidence suggests that family ownership has important implications for economic growth. Several studies find that family firms—at least secondand later-generation family firms in which the chief executive officer (CEO) is a family member, especially if CEO succession is based on primogeniture—perform relatively poorly (e.g., Francisco Pérez-González 2006; Morten Bennedsen et al. 2007;...
متن کاملFamily Firms, Paternalism, and Labor Relations∗
Firm-level evidence suggests that family firms are more apt to honor implicit labor contracts than are widely held firms, making family firms especially successful at winning workers’ loyalty–a trait that is reflected in fewer strikes and lower unionization rates. Accordingly, we might expect to see more family ownership in countries in which labor relations, for cultural or historical reasons,...
متن کاملFamily Firms , Paternalism , and Labor Relations ∗ Holger
Using firm-, industry-, and country-level data, we document a link between family ownership and labor relations. Across countries, we find that family ownership is relatively more prevalent in countries in which labor relations are difficult, consistent with firm-level evidence suggesting that family firms are particularly effective at coping with difficult labor relations. Our cross-country re...
متن کاملEndogenous Labor Market Rigidities and Family Ties
Much has been written about institutional differences between European and North American labor markets, and about their role in determining the large and persistent differences between the unemployment rates in Europe and US over the last fifteen-twenty years. The objective of this paper is to answer the question: why have these differences in labor market flexibility emerged and why do they p...
متن کاملLabor-market Matching, Demand-linkages and the Location of Firms
We incorporate an endogenous choice of qualification into a standard New Economic Geography model: workers can choose to invest time to acquire skills in order to work in the industrial sector and earn a higher wage. Hence, expenditures in a given country depend on the number of firms in that country, giving rise to a standard circular causation mechanism as in Krugman [9]. However, our model r...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2014
ISSN: 1556-5068
DOI: 10.2139/ssrn.2511044