Family businesses, with no apparent heir, face the risk of discontinuity. While a number of family businesses rely heavily on non-family employees, the role of non-family employees in the continuity of family businesses is under-researched. The workers' co-operative model offers one way to...

This conceptual paper proposes psychological contract theory (PC) as an appropriate lens to advance our understanding of employment relationships in the unique context of the family firm. By focusing on the formation of the PC in family and non-family employees in family firms through episodes...