Family firms and labor market regulation

In a panel across twenty-eight countries over 10 years, we show that family firms on average enjoy performance advantages over nonfamily firms only when labor markets are less regulated. We confirm this result in a matched firm sample using a survey-based instrument as a family control. Furthermore,...

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Bibliographic Details
Main Authors: BENNEDSEN, Morten, HUANG, Sterling, WAGNER, Hannes F., ZEUME, Stefan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2019
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Online Access:https://ink.library.smu.edu.sg/soa_research/1834
https://ink.library.smu.edu.sg/context/soa_research/article/2861/viewcontent/Family_firms_Labor_Mkt_Regulation_pv_oa_2019.pdf
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Institution: Singapore Management University
Language: English