six different ownership categories: first generation family businesses, second generation (or older) family businesses …-listed, non-family companies). It turns out that ownership matters. Volatility of employment in listed companies is much higher … personnel less than others during the economic crisis of 2008-2009. The group of 'second generation family businesses' shows …

Family effects on an individual's labor market success have been studied by economists and sociologists. The consensus … indicators of family background and sibling structure, analyzing their effect on educational attainment and earnings. Parental …