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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.

The event will take place on June 10 at the Puerta de Toledo Campus

The work of our colleague Michele Piazzai, co-authored with Min Liu and Martina Montauti, has been accepted for publication in the journal Organization Science.