Cash Profit Sharing and Labour Productivity in Family Firms: Exploring the Effects of R&D and Capital Intensities
While equity-based employee incentives can positively affect labour productivity in family firms, our understanding of the effect of nonequity-based employee incentives remains limited. Integrating expectancy theory with the socioemotional wealth preservation literature, our study investigates the impact of cash profit sharing (CPS) on family firms’ labour productivity. Specifically, CPS is viewed as a motivational device … Read More