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,...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Oxford University Press
2019
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Online Access: | View Fulltext in Publisher |