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Managerial family ties and employee risk bearing in family firms : evidence from Spanish car dealers
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Gomez-Mejia, L. R., Larraza-Kintana, M., Moyano-Fuentes, J. and Firfiray, Shainaz (2018) Managerial family ties and employee risk bearing in family firms : evidence from Spanish car dealers. Human Resource Management, 57 (5). pp. 993-1007. doi:10.1002/hrm.21829 ISSN 0090-4848.
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WRAP-managerial-family-ties-employee-firms-Spanish-car-dealers-Firfiray-2017.pdf - Accepted Version - Requires a PDF viewer. Download (967Kb) | Preview |
Official URL: http://doi.org/10.1002/hrm.21829
Abstract
The paper argues that family firms in which the Top Management Team (TMT) is dominated by non-family managers are more likely to shift risk to employees through incentive pay schemes than family firms with TMTs dominated by family members. We also argue that this tendency is aggravated in firms of bigger size as this condition makes non-family managers more vulnerable. We further note that differences between family and non-family dominated TMTs may lessen when the sales trend is negative. The analyses conducted on a sample of 219 family controlled car dealerships in Spain confirm our expectations.
| Item Type: | Journal Article | ||||||||
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| Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||||
| Divisions: | Faculty of Social Sciences > Warwick Business School > Industrial Relations Research Unit Faculty of Social Sciences > Warwick Business School |
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| Library of Congress Subject Headings (LCSH): | Family-owned business enterprises -- Management, Family-owned business enterprises -- Spain, Personnel management, Incentive awards, Automobile dealers -- Spain | ||||||||
| Journal or Publication Title: | Human Resource Management | ||||||||
| Publisher: | John Wiley & Sons, Inc. | ||||||||
| ISSN: | 0090-4848 | ||||||||
| Official Date: | 19 September 2018 | ||||||||
| Dates: |
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| Volume: | 57 | ||||||||
| Number: | 5 | ||||||||
| Page Range: | pp. 993-1007 | ||||||||
| DOI: | 10.1002/hrm.21829 | ||||||||
| Status: | Peer Reviewed | ||||||||
| Publication Status: | Published | ||||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||||
| Date of first compliant deposit: | 28 June 2016 | ||||||||
| Date of first compliant Open Access: | 14 August 2019 | ||||||||
| Related URLs: |
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