TY  - RPRT
        AU  - Siebert, W. Stanley
AU  - Peng, Fei
AU  - Maimaiti, Yasheng
        TI  - HRM Practices and Performance of Family-Run Workplaces: Evidence from the 2004 WERS
        PY  - 2011/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 5899
        UR  - https://www.iza.org/index.php/publications/dp5899
        AB  - 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.
        KW  - job security
KW  - loyalty
KW  - family business
KW  - HRM practices
KW  - financial performance
        ER  -