• Title/Summary/Keyword: Family Business

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The Effects of Paid Family Leave on Corporate Social Responsibility

  • Sumi Jung;Jeongeun Emilia Lee
    • Asia-Pacific Journal of Business
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    • v.14 no.3
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    • pp.17-24
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    • 2023
  • Purpose - The objective of this research is to investigate how lowering labor market frictions for female workers affects corporate social responsibility (CSR). Design/methodology/approach - We utilize the staggered adoption of state-level Paid Family Leave (PFL) acts in the U.S. These acts provide significant flexibility for female employees by mandating paid leave for a family or medical events. Our study is based on a sample of 30,027 publicly traded firms in the U.S. from 1991 to 2012. We employ a difference-in-differences research design, considering treated firms as those headquartered in states that enacted PFL laws. Findings - We find that there is a significant increase in the firms' CSR performance following the adoption of the PFL, suggesting that lowering the labor market frictions for female workers encourages firms to invest in CSR initiatives. Research implications or Originality - This study informs policy makers that PFL enables firms to reduce costly employee turnover and results in an increase in CSR performance.

The Determinants of Economic and Educational Supports Selection of Small Self-employed Business (소규모자영업의 경제적$\cdot$교육적 지원 선택의 영향요인)

  • Hong Sung-Hee
    • Journal of Family Resource Management and Policy Review
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    • v.9 no.2
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    • pp.1-21
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    • 2005
  • The purpose of this study was to analyze the effect of the influencing factors on the economic and educational supports selection of small self-employed business. A sample of 321 was selected from self-employed workers living in Daegu. For data analysis, logistic regression was used. The major findings were as follows: 1 The determinants of the economic supports selection in self-employed business were father's working experiences in self-employed business, taking employees or not in business, having housing ownership or not, and as well as the amount of starting capital. 2. The determinants of the educational supports selection in self-employed business were self-employer's working experience as self-employed before or not, and empowerment with self-employed work.

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The Effect of Resources and Family Saliency on Business Performance of Women Entrepreneurs in IT Business (IT 여성 기업인의 외부자원과 가족역할 중심성이 기업 성과에 미치는 영향-경험적 연구)

  • Chun, Bang-Jee;Kim, Yoo-Jung;Han, Mee-Ra
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.7
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    • pp.3258-3266
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    • 2011
  • This paper empirically explores how resources and family saliency of women entrepreneurs in IT business influence their business performance. Building up on prior research and Shelton[2006], we develop hypothesis on how the strategies of resolving wok family conflict relate to determinants of performance and business performance. The central hypothesis states that role sharing would be the strategy raising up the business performance. We also posit that the role sharing strategy would be adopted by women who show high saliency in both family and work. and women who have high levels of resources. Results suggest that financial resources have significant impact on role sharing strategy and the sales. The hypothesis of positive role sharing effect on the performance is not supported, indicating that combining family role might be an obstacle to business performance of women.