A safe haven in times of crisis: The appeal of family companies as employers amid the COVID-19 pandemic
Journal of Family Business Strategy
; 14(1), 2023.
Article
in English
| Web of Science | ID: covidwho-2309068
ABSTRACT
Family firms often struggle to recruit skilled non-family employees. Applying a mixed-method strategy, this article investigates the changing perception of family firms as attractive employers in the context of the COVID19 pandemic. Experimental results indicate that family firms benefit from a greater popularity amid crises owing to perceptions that they offer greater job security and compensation. Qualitative findings expand on these results by identifying new attractiveness-relevant factors that only come into play amid crises-specifically, multifaceted conceptions of family firms' crisis responses and their importance for local communities and economies contribute to their situational appeal.
Full text:
Available
Collection:
Databases of international organizations
Database:
Web of Science
Language:
English
Journal:
Journal of Family Business Strategy
Year:
2023
Document Type:
Article
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