@TechReport{iza:izadps:dp5899,
            	author={Siebert, W. Stanley and Peng, Fei and Maimaiti, Yasheng},
            	title={HRM Practices and Performance of Family-Run Workplaces: Evidence from the 2004 WERS},
            	year={2011},
	month={Aug},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={5899},
            	url={https://www.iza.org/index.php/publications/dp5899},
	abstract={This paper analyses HRM practices of family-run workplaces using the 2004 WERS. Family-ownership and management within workplaces in the corporate sector is our focus. This family-run group represents nationally about 26% of workplaces and 14% of employment. We find that employees in this group have stronger feelings of job security and loyalty, which we relate to family companies' HRM practices such as stronger support for long-term employment – an "inclusivity" linked to long-term orientation. We also find that family-owned and managed workplaces have better financial and quality performance measures than non-family, to which family-related HRM practices contribute.},
	keywords={job security;loyalty;family business;HRM practices;financial performance},
            }