Employee layoffs in times of crisis: do family firms differ?
研究经济危机中家族企业与非家族企业在裁员行为上的差异，发现家族企业更倾向于保留员工，且农村地区的家族企业比城市地区更可能采取非自愿裁员措施。
In this study, we seek to understand firm behaviour during times of crisis, with a particular focus on family firms in different contexts.We theorize that family control mitigates (i.e.negatively moderates) the relationship between economic crisis and the layoff of employees, resulting in a higher propensity of family firms to retain their employees during a crisis compared to their nonfamily counterparts.Furthermore, taking a closer look at family firms, based on their location, we argue that family firms in rural regions are more likely to adopt measures leading to involuntary job turnover than family firms in urban areas due to a higher sensitivity to the loss of socioemotional wealth following a business closure.Relying on a panel dataset of Swedish private firms active in the period 2004-2012, our study contributes to a better understanding of family firms as employers in different contexts.