Formalized HR practices and firm performance: An empirical comparison of family and non-family firms

Sánchez Marín, Gregorio; Meroño Cerdán, Ángel L.; Carrasco Hernández, Antonio J.

Publication:
Formalized HR practices and firm performance: An empirical comparison of family and non-family firms

dc.contributor.author	Sánchez Marín, Gregorio
dc.contributor.author	Meroño Cerdán, Ángel L.
dc.contributor.author	Carrasco Hernández, Antonio J.
dc.contributor.department	Organización de Empresas y Finanzas
dc.contributor.other	Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y Finanzas	es
dc.date.accessioned	2024-01-03T09:10:41Z
dc.date.available	2024-01-03T09:10:41Z
dc.date.issued	2019
dc.description	©2019. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Accepted version of a Published Work that appeared in final form in The International Journal of Human Resource Management. To access the final edited and published work see https://doi.org/10.1080/09585192.2017.1289547	es
dc.description.abstract	The influence of the family on human resource (HR) management structures creates important idiosyncrasies with potential implications in terms of firm performance. Based on the agency and socioemotional wealth (SEW) perspectives, this paper examines the formalization and effectiveness of three basic HR practices – selection, training, and compensation – in different contexts of family and non-family firms. Using a sample of 500 Spanish companies, the results show that a higher degree of HR formalization has a positive influence on firm performance, confirming the negative moderating influence of family involvement on the relationship between the formalization of training practices and the firm performance. In addition, the findings indicate that the mediating role of selection practices in the relationship between training and firm performance is smaller in family than in non-family firms	es
dc.format	application/pdf	es
dc.format.extent	44	es
dc.identifier.citation	The International Journal of Human Resource Management
dc.identifier.doi	https://doi.org/10.1080/09585192.2017.1289547
dc.identifier.issn	0958-5192
dc.identifier.issn	1466-4399
dc.identifier.uri	http://hdl.handle.net/10201/137000
dc.language	eng	es
dc.relation	Sin financiación externa a la Universidad	es
dc.rights	info:eu-repo/semantics/openAccess	es
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internacional	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	Formalized human resource practices	es
dc.subject	Family vs. non-family firms	es
dc.subject	Agency theory	es
dc.subject	Socioemotional wealth perspective	es
dc.subject	Firm performance	es
dc.title	Formalized HR practices and firm performance: An empirical comparison of family and non-family firms	es
dc.type	info:eu-repo/semantics/article	es
dspace.entity.type	Publication	es