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- Publisher
- Springer Journals
- Copyright
- 2018 Springer Nature Switzerland AG
- ISSN
- 1120-2890
- eISSN
- 1973-820X
- DOI
- 10.1007/s40888-018-0135-1
- Publisher site
- See Article on Publisher Site
Abstract
Abstract Insufficient attention has been paid to the different roles of wage incentives in the competitiveness of family and non-family firms. This paper addresses this issue and uses a sample of listed and non-listed Italian firms for 2007 and 2010 to show that family firms that adopt incentive wages obtain greater gains in competitiveness with respect to non-family firms. Unlike what occurs in non-family firms, the efficiency enhancing effect of incentive wages more than compensates for the premiums paid to employees and enables family firms to achieve significant gains in terms of competitiveness.
Journal
"Economia Politica" – Springer Journals
Published: Oct 1, 2019
Keywords: Economic Policy; International Political Economy