Entrepreneurs who are the sole owners of their companies enjoy benefits not available to fellow entrepreneurs who have partners or investors. These advantages include absolute control over operational decisions, complete autonomy regarding compensation, benefits and perquisites and the absence...

The ability to attract and retain the talents is an important factor in the competitiveness of countries, as it is confirmed in our study. At the level of small and medium-sized enterprises, hiring and retaining skilled workers is one of the most difficult tasks of HR management, especially in...

We examine executive compensation using data from two nationally representative samples of small privately held U.S. corporations conducted ten years apart — in 1993 and 2003. We find that executive pay at small privately held firms increases with firm size and varies widely by industry,...

In the absence of adequate institutional mechanisms, trade unions can potentially promote higher wages and other worker benefits, yet limited data availability means little is known about the effect unions have on individual earnings in developing economies. Using matched employer-employee data...

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....

Eines der am häufigsten genannten Vorschläge in der Diskussion um die Deregulierung des Arbeitsmarktes ist die Lockerung des Kündigungsschutzgesetzes (KSchG). Für kleine Unternehmen stellt, so die Hypothese, der Schwellenwert im Kündigungsschutzgesetz ein Einstellungshindernis dar, da sie...

One proposal frequently raised to increase flexibility of the German labour market is the liberalization of the job protection law. It applies to those establishments with more than a cut-off number of employees. The argument examined in this paper is that this step in legal regulation hinders...

Die Hälfte der hiesigen Unternehmen berichtete im Jahr 2023 von zunehmenden Problemen bei der Besetzung von Führungspositionen aufgrund einer fehlenden Bereitschaft auf Seiten der Beschäftigten, Führungsverantwortung übernehmen zu wollen. Größere Unternehmen sind davon seltener betroffen...