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INSTITUTIONAL BLOG

IDEAS FOR THE BUSINESS WORLD

Business UC3M blog (BUB), is the joint blog of the Department of Business Economics and the Institute for Business Development INDEM of the University Carlos III of Madrid (UC3M).

Women on family business boards avoid layoffs

The article «Women on Family Business Boards Shun Lyoffs» by our colleagues Jessenia Dávila, Luis Gómez-Mejía, Fernando Muñoz Bullón and María J. Sánchez-Bueno has been selected as the winner of the Schulze Award for Publication 2023/24 from FamilyBusiness.org in the Commentary category.

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Los mejores grados de ADE y FYCO de España están en la UC3M

Family businesses lay off fewer workers, according to a study

Family businesses have more incentives to avoid labor practices such as layoffs, which can damage the affective value that the family has invested in the company, undermine its reputation and project a pejorative image within its community. That is one of the conclusions of an international research project involving the Carlos III University of Madrid (UC3M), which analyzes whether companies controlled by a family offer greater job security compared to non-family businesses.

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