Family ownership and Labour investment efficiency: Evidence from Korea
DC Field | Value | Language |
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dc.contributor.author | Mo, Kyoungwon | - |
dc.contributor.author | Lee, Kyung Yun (Kailey) | - |
dc.contributor.author | Park, Seun-Young | - |
dc.date.accessioned | 2021-10-26T03:40:22Z | - |
dc.date.available | 2021-10-26T03:40:22Z | - |
dc.date.issued | 2022-07 | - |
dc.identifier.issn | 1350-4851 | - |
dc.identifier.issn | 1466-4291 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/cau/handle/2019.sw.cau/50696 | - |
dc.description.abstract | This paper examines whether founding-family ownership affects firms' labour investment efficiency. By analysing public Korean companies from 2001 to 2018, we found that family firms are more efficient than non-family firms in regard to labour investment. The results show that family firms can achieve greater efficiency in labour investment by avoiding over-firing issues, thereby reducing underinvestment in employment problems. Additionally, we found that family firms make more efficient labour-related decisions with greater external financing. Overall, the results suggest that family firms' long-term perspective enables them to maintain optimal labour levels. | - |
dc.format.extent | 6 | - |
dc.language | 영어 | - |
dc.language.iso | ENG | - |
dc.publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD | - |
dc.title | Family ownership and Labour investment efficiency: Evidence from Korea | - |
dc.type | Article | - |
dc.identifier.doi | 10.1080/13504851.2021.1908511 | - |
dc.identifier.bibliographicCitation | APPLIED ECONOMICS LETTERS, v.29, no.12, pp 1073 - 1078 | - |
dc.description.isOpenAccess | N | - |
dc.identifier.wosid | 000635390400001 | - |
dc.identifier.scopusid | 2-s2.0-85103538764 | - |
dc.citation.endPage | 1078 | - |
dc.citation.number | 12 | - |
dc.citation.startPage | 1073 | - |
dc.citation.title | APPLIED ECONOMICS LETTERS | - |
dc.citation.volume | 29 | - |
dc.type.docType | Article | - |
dc.publisher.location | 영국 | - |
dc.subject.keywordAuthor | Ownership structure | - |
dc.subject.keywordAuthor | family firms | - |
dc.subject.keywordAuthor | family ownership | - |
dc.subject.keywordAuthor | investment efficiency | - |
dc.subject.keywordAuthor | labour investment | - |
dc.relation.journalResearchArea | Business & Economics | - |
dc.relation.journalWebOfScienceCategory | Economics | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
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