%0 Report
        %A Siebert, W. Stanley
%A Peng, Fei
%A Maimaiti, Yasheng
        %T HRM Practices and Performance of Family-Run Workplaces: Evidence from the 2004 WERS
        %D 2011
        %8 2011 Aug
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 5899
        %U https://www.iza.org/publications/dp5899
        %X 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.
        %K job security
%K loyalty
%K family business
%K HRM practices
%K financial performance