Mikel Tapia analyzes the future of financial markets in the 21st century

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.

Carlos III University of Madrid (UC3M) is among Spain’s leading universities in educational innovation, according to the latest Forbes list of the ten most cutting-edge national academic institutions in this field. The magazine places UC3M at the top of the national innovation rankings and describes it as “one of the leading institutions in the Community

The article performs a meta-analysis of published research on how social norms shape consumer behavior.