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HRM Practices and Performance of Family-Run Workplaces: Evidence from the 2004 WERS

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Author Info

  • Siebert, W. Stanley

    ()
    (University of Birmingham)

  • Peng, Fei

    ()
    (University of Birmingham)

  • Maimaiti, Yasheng

    ()
    (Xinjiang University)

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.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5899.

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Length: 45 pages
Date of creation: Aug 2011
Date of revision:
Handle: RePEc:iza:izadps:dp5899

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Keywords: job security; loyalty; family business; HRM practices; financial performance;

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