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Job Satisfaction and Wages of Family Employees

  • Joern H. Block
  • , José María Millán
  • , Concepción Román
  • , Haibo Zhou

Research output: Journal PublicationArticlepeer-review

38 Citations (Scopus)

Abstract

Although they represent a sizable occupational group, little is known about family employees. Using utility theory and the theory of compensating wage differentials, we hypothesize that family employees have higher levels of job satisfaction and lower wages relative to regular employees. We present several regressions based on a large cross-country panel data set that support our hypotheses, and we discuss our study's implications for research on family businesses and the labor market.

Original languageEnglish
Pages (from-to)183-207
Number of pages25
JournalEntrepreneurship Theory and Practice
Volume39
Issue number2
DOIs
Publication statusPublished - 1 Mar 2015
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  2. SDG 10 - Reduced Inequalities
    SDG 10 Reduced Inequalities

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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