Author(s): Aleš Gregar, Ladislav Kudláček, Gamage Naradda, Kumara Sisira, Hewa Ravindra Kuruppuge
Title: Employment Choice of Non-family Professionals in Family Firms
Source: International Scientific Days 2018 :: Towards Productive, Sustainable and Resilient Global Agriculture and Food Systems :: Proceedings
ISBN: 978-80-7598-180-6
DOI: https://doi.org/10.15414/isd2018.s5.01
Publisher: Wolters Kluwer ČR, Prague
PY, pages: 2018, 1168-1177
Published on-line: 2018-11-09
Language: eng
Abstract: Favouring to family members, fulfilling of family objectives, and convincing stakeholders to maintain family name have made family firms ‘unprofessional in management practices’ by which limit the attraction
of professionally developed, skilful and trained non-family employees to employ in family firms. However, knowing unethical management practices take place in family firms, putting their career development at risk, non-family professionals
also select family firms as their employer. Accordingly, this study addresses the research question, why professionals select family firms to employ? Identifying reasons behind the professionals’ choice of employment in family firms serve
as the goal of the study. Surveying of 145 non-family professionals employed in different capacities in family firms in Sri Lanka permitted the data analysis of the study. Stepwise logistic regressions with several other descriptive
statistics facilitated to make the data analysis. The analysis discloses that the marital status of individuals and the degree of personal rewards from the firm have negatively affected to the choice of family firms by non-family
professionals. Job position, work experience, family involvement and recognition of the firm by the society have positively influenced by non-family professionals to select family firms as their employer. Showing a wide spectrum of
characteristics in different domains of employees, this analysis concludes that organizational characteristics are more important than socio-demographic and occupational characteristics in the case of non-family professionals’ choice to
work in family firms. The least important is reported as socio-demographic characteristics. However, amongst all, recognition of the business by the society remains the first priority in non-family professionals’ choice an employee’s
selection to work in a family firms, whilst of least importance is the degree of personal rewards from the business
Keywords: Employee behaviour, family firms, choice of employment, non-family professionals, Sri Lanka
JEL Classification: M12, M51
Rights:Open Access :: Creative Commons BY-NC-SA 4.0 International Licence
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