Job Satisfaction and Wages of Family Employees

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

Research output: Journal PublicationArticlepeer-review

24 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

ASJC Scopus subject areas

  • Business and International Management
  • Economics and Econometrics

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