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The labor productivity of family firms : a socioemotional wealth perspective
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Firfiray, Shainaz, Larraza-Kintana, Martin and Gomez-Mejia, Luis R. (2018) The labor productivity of family firms : a socioemotional wealth perspective. In: Grifell-Tatje, E. and Lovell, K. and Sickles, R., (eds.) Oxford Handbook of Productivity Analysis. Oxford: Oxford University Press. ISBN 9780190226718
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Official URL: https://global.oup.com/academic/?cc=gb&lang=en&
Abstract
In this chapter we examine the relationship between family firms and labor productivity. We focus on labor productivity for two reasons. First, it is an essential component of total factor productivity for which recent analyses have found differences between family and non-family firms. Second, it is directly tied to employees’ attitudes and behavior and therefore is a key indicator to look at in order to further understand people management related issues in family firms. A family firm is a firm controlled by a group of individuals related to each other by ties of blood or marriage. Family ownership is the most common type of ownership form in almost every country (La Porta et al., 1999; Gomez-Mejia et al., 2003). Further, family firms can be found in all economic sectors and size categories, and are also significantly present among publicly held firms (Gomez-Mejia et al., 2010). Because of this ubiquity, family firm research in recent years is becoming one of the classic lines of inquiry in the management and economics literature. This literature has gained momentum during the last decade, with significant contributions published in major academic journals.
| Item Type: | Book Item | ||||||
|---|---|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||
| Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||
| Library of Congress Subject Headings (LCSH): | Labor productivity, Labor economics | ||||||
| Publisher: | Oxford University Press | ||||||
| Place of Publication: | Oxford | ||||||
| ISBN: | 9780190226718 | ||||||
| Book Title: | Oxford Handbook of Productivity Analysis | ||||||
| Editor: | Grifell-Tatje, E. and Lovell, K. and Sickles, R. | ||||||
| Official Date: | 8 November 2018 | ||||||
| Dates: |
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| Number of Pages: | 856 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
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