A Study on the Impact of Family-friendly Certification on Financial Performance of SMEs: Focusing on the Manufacturing Industry

2019 ◽  
Vol 118 (8) ◽  
pp. 331-339
Author(s):  
Ok-Hee Park ◽  
Kwan-sik Na ◽  
Seok-Kee Lee
Keyword(s):  
Financial Performance ◽  
Family Life ◽  
Manufacturing Industry ◽  
Manufacturing Sector ◽  
Work And Family ◽  
Public Institutions ◽  
Family Friendly ◽  
The Family ◽  
The Impact ◽  
Paired T Test

The purpose of the paper is to examine how family-friendly certificates introduced to pursue the compatibility of work and family life affect the financial performance of small and medium-sized manufacturers, and to provide useful information to companies considering the introduction of this system in the future. Methods/Statistical analysis: Since launching the family-friendly certification business, a total of 312 companies havereceived family-friendly certification in 2015, 38 of which are large companies, 99 public institutions and 175 small and medium-sized enterprises. Among 175 small and medium-sized companies that received family-friendly certification, 91 companies in the manufacturing sector were investigated for financial data from 2014 to 2017 and analyzed through the paired t-test using SPSS.

A Study on the Impact of Family-friendly Certification on Financial Performance of SMEs: Focusing on the Manufacturing Industry

2019 ◽  
Vol 118 (2) ◽  
pp. 7-12
Author(s):  
Ok-Hee Park ◽  
Kwan-sik Na ◽  
Seok-Kee Lee
Keyword(s):  
Financial Performance ◽  
Family Life ◽  
Manufacturing Industry ◽  
Work And Family ◽  
Family Friendly ◽  
The Future ◽  
The Impact

Background/Objectives: The purpose of the paper is to examine how family-friendly certificates introduced to pursue the compatibility of work and family life affect the financial performance of small and medium-sized manufacturers, and to provide useful information to companies considering the introduction of this system in the future.

Should children become key stakeholders in designing family-friendly workplaces?

2020 ◽  
Vol 40 (9/10) ◽  
pp. 1125-1139
Author(s):  
Nataša Krstić ◽  
Jelena Sladojević Matić
Keyword(s):  
Work And Family ◽  
Children And Youth ◽  
Business Practices ◽  
Human Resource Managers ◽  
Content Type ◽  
Family Friendly ◽  
The Family ◽  
Workplace Practices ◽  
Nationally Representative ◽  
The Impact

PurposeThe purpose is to determine whether there is a gap between what children and youth expect from their parents' workplaces and the family-friendly business practices that employers apply, as well as whether COVID-19 has accelerated the introduction of these practices or contributed to any paradigm change.Design/methodology/approachDescriptive methodological research was done through electronic surveys with two target groups. The first group of respondents consisted of 1,279 children and youth who expressed their opinion on the impact of the parental workplace on them and what needs to be done to make companies more family oriented. The second survey involved 64 employers, who shared their views on achieving a balance between work and family and provided insight into the pre-pandemic and pandemic family-friendly workplace practices.FindingsAn apparent gap was identified between the family-friendly workplace practices offered by employers and the needs that children have regarding their parents' workplace. Although employers confirm that COVID-19 provides an opportunity to encourage FFW practices, during the outbreak of the virus, they demonstrated responsibility towards employees but neglected their family members.Research limitations/implicationsThe findings cannot be generalised to the entire business sector as the survey is not nationally representative. Also, the surveyed children do not come from the surveyed employers' work collectives, so it was not possible to intersect the findings.Practical implicationsThe research is vital for human resource managers as creators and implementers of family-friendly workplaces, as it indicates the need to involve the important but overlooked stakeholders in this process – the children of employees.Originality/valueThe research gap in the family-friendly workplace paradigm is addressed by comparing the attitudes of children with the employers' practices, before and during the COVID-19 outbreak.

Family embeddedness and business performance: evidences from women-owned firms

2016 ◽  
Vol 54 (2) ◽  
pp. 476-500 ◽  
Author(s):  
Michela Mari ◽  
Sara Poggesi ◽  
Luisa De Vita
Keyword(s):  
Family Life ◽  
Business Owners ◽  
Work And Family ◽  
Three Dimensions ◽  
Family Context ◽  
Female Entrepreneurship ◽  
Related Factors ◽  
Content Type ◽  
The Family ◽  
The Impact

Purpose – The purpose of this paper is to investigate how the family context may affect female firms’ performance by contextualising the study within Italy and empirically analysing 307 Italian women-owned firms. Design/methodology/approach – By using ordinal regressions, this paper empirically investigates the influence of three dimensions of the family context on female firms’ performance, namely: the motivations to start a business; the support from the family once the business is established; and the mechanisms to achieve a suitable balance between work and family life. Findings – Overall, the results offer substantial support for the assumption that female business owners benefit from being pulled into the endeavour, from specific linkages with family and also from selected mechanisms to balance work and family life, thus contributing to show how strong the relationship between a firm’s performance and the family context is for women. Originality/value – Today female entrepreneurship represents an important economic driver worldwide, leading scholars to strongly advocate the need to shift the female entrepreneurship research focus from the analysis of women business owners’ characteristics to the investigation of those specific factors able to directly affect female firms’ activities. In this vein, this paper aims at pushing further into the still less studied domain of work/family intertwinement as, surprisingly, the impact that family-related factors exert on women-owned businesses’ performance is still under-researched.

Work–Family Arrangements and Parenting: Are “Family-Friendly” Arrangements Related to Mothers' Involvement in Children's Lives?

2005 ◽  
Vol 48 (3) ◽  
pp. 293-317 ◽  
Author(s):  
Sarah Beth Estes
Keyword(s):  
Multivariate Analysis ◽  
Family Life ◽  
Qualitative Data ◽  
Related Family ◽  
Family Friendly ◽  
The Family ◽  
Employed Mothers ◽  
Quantitative Analyses ◽  
Work Family ◽  
The Impact

Previous research has examined the impact of work—family incompatibility and policies designed to address this incompatibility on both organizational and employee outcomes, including productivity and distress; yet no research has systematically related “family-responsive” arrangements to parenting to assess how these arrangements may be “friendly” to the family. In this article, data is used from a regional sample of employed mothers to investigate this question. Mothers almost uniformly reported that work—family arrangements facilitated their parenting abilities, yet results from a multivariate analysis show that associations between work—family arrangements and parenting are neither large nor widespread. Quantitative findings are augmented by qualitative data on mothers' perceptions of how arrangements affect various aspects of family life. An analysis of mothers' responses to open-ended questions indicates why quantitative analyses might fail at locating relationships between work—family arrangements and standard parenting measures and illuminates aspects of parenting that are facilitated by work—family arrangements.

Adaptation to Divorce: The Impact of Role Orientation on Family-Life-Cycle Perspectives

1992 ◽  
Vol 73 (3) ◽  
pp. 159-167 ◽  
Author(s):  
Marion H. Wijnberg ◽  
Thomas Holmes
Keyword(s):  
Life Cycle ◽  
Family Life ◽  
Exploratory Study ◽  
Single Parent ◽  
Family Life Cycle ◽  
Role Orientation ◽  
Work Identity ◽  
The Family ◽  
The Impact

Identifying the role orientation of recently divorced women holds promise for further understanding the divorce process and the family life cycle of nonnuclear families. The authors describe how 30 female heads of family perceived their adaptation to divorce and to the reconstruction and development of their family units. Results of this exploratory study further suggest that the meaning and value a divorced woman attaches to the mothering component of her role as well as the comfort she feels in accepting a work identity affect the ways in which she adapts to being a single parent. The consequences of this adaptation, in turn, alter the content of the family life cycle.

scholarly journals The impact of public interest in the information privacy: Analyze of the ECtHR Decisions

2017 ◽  
Vol 6 (1) ◽  
pp. 1-8
Author(s):  
Jorida Xhafaj ◽  
Almarin Frakulli
Keyword(s):  
Human Rights ◽  
Public Interest ◽  
Family Life ◽  
Personal Information ◽  
Personal Data ◽  
Information Privacy ◽  
Public Institutions ◽  
Public Security ◽  
European Court ◽  
The Impact

The main object of this paper is the tender balance that exists and arises even more between the use of personal information that people provide in the course of most public security actions and privacy. This study analyze the most famous and strong related decision of the European Court of Human Rights, with the aim to give our opinion how has to be understand the barrier between the power of individuals over information and the power of public institutions to guaranties security. The protection of personal data is of fundamental importance to a person’s enjoyment of his or her right to respect for private and family life, and how law allocates power over information in different countries, will give us the possibility to define the most important criteria’s which define the existence of abuse or not over personal data and information.

scholarly journals Family-Friendly Policy and Work-Family Conflict Mitigation: The Role of Work-Family Boundary Negotiation

2021 ◽  
Vol 16 (1) ◽  
pp. 17-26
Author(s):  
Hooi-Ching Khor ◽  
Azura Abdullah Effendi
Keyword(s):  
Family Life ◽  
Family Conflict ◽  
Management Practices ◽  
Work And Family ◽  
Work Family Conflict ◽  
Human Resource Policy ◽  
Family Friendly ◽  
Negotiation Style ◽  
Work Family ◽  
Conflict Mitigation

Family-friendly policy is impossible to fit all working individuals. The circumstance has been revealed in work-family literature which relationship between the policy use and the work-family conflict mitigation has been found inconsistent. Little focus is given in the past studies to ensure the human resource policy is truly useful in meeting individuals’ needs. Work, family or both work and family life could be important to individuals. The distinctive life centrality requires individuals to negotiate with the significant others who have influence on their work and family life arrangements to access and use the preferred and needed family-friendly policy. Boundary management practices seem to be useful for working individuals to reduce work-family conflict. This conceptual paper aims to propose work-family boundary negotiation to buffer the relationship of family-friendly policy use and work-family conflict. Boundary theory is the underlying theory embedded to explain the phenomena. Boundary negotiation style that could be employed for accessing the policy and managing work-family boundary effectively is identified. Future directions and implications for research on negotiation in dealing with work-family issue are discussed.

scholarly journals Copreneurs: The Impact of Spousal Relationships on Business success In Nigeria

2020 ◽  
Vol 8 (2) ◽  
pp. 65-78
Author(s):  
Olufemi Aladejebi
Keyword(s):  
Financial Performance ◽  
Growth Performance ◽  
Division Of Labour ◽  
General Information ◽  
Business Success ◽  
Spousal Relationships ◽  
Perceived Success ◽  
The Family ◽  
The Impact ◽  
Financial Profitability

Copreneurship is a term used to describe a situation where the husband and wife manage the same company. Copreneurship is a branch of the family business. It is becoming popular among the type of businesses. The main objectives of this research study include the examination of how spousal relationships affect a firm's financial profitability, factors that limit and improve the effective functioning of copreneurial teams, and how decisions are made. A purposeful sample was used to select respondents. Data was collected from fifty-five (55) couples out of which forty- seven (47) were viable. The research instrument was based on a five-point Likert scale. The questionnaire administered contained 2parts, Part 1: contains general information while Part 2: contains Perceived success, financial performance, growth performance, shared dream, Leadership, personal needs alignment, Division of labour, complementary skills, supportive employees, competencies, adequate resources. The results showed that the primary operators of the businesses were mostly wives. The majority of the copreneurs benefitted greatly from their business relationship in terms of perceived success, financial performance, growth performance, and shared dreams.

The Effect of Corporate Sustainability Practices on Financial Performance

2019 ◽  
pp. 52-70 ◽  
Author(s):  
Ibrahim Yasar Gok ◽  
Ozan Ozdemir ◽  
Bugra Unlu
Keyword(s):  
Financial Performance ◽  
Manufacturing Industry ◽  
Corporate Sustainability ◽  
Control Sample ◽  
Corporate Financial Performance ◽  
Performance Variables ◽  
Sustainability Practices ◽  
The Impact ◽  
Positive Effect ◽  
Better Than

In this chapter, the impact of corporate sustainability practices (CSP) on corporate financial performance (CFP) is investigated in terms of Turkish manufacturing industry. In this context, 16 sustainable companies vs. 21 control companies in 2016 and 16 sustainable companies vs. 24 control companies in 2017 are examined. Thirty-seven financial performance variables within seven groups are used, and non-parametric Mann-Whitney U test is applied. In 2016, four out of seven significant variables point out that sustainable companies perform better than control sample; however, in 2017, three out of four significant variables indicate the opposite. Therefore, the results are mixed, and it is concluded that implementing environmental, social, and governance (ESG) criteria do not have a noticeable positive effect on financial performances of manufacturing industry companies, at least in the short-term.

Lean Six Sigma: a clinical treatment for the recovery of Indian manufacturing sector from the after-effects of coronavirus

2020 ◽  
Vol 17 (3) ◽  
pp. 311-322 ◽  
Author(s):  
Harsimran Singh Sodhi
Keyword(s):  
Six Sigma ◽  
Manufacturing Industry ◽  
Manufacturing Sector ◽  
Lean Six Sigma ◽  
Clinical Treatment ◽  
Content Type ◽  
After Effects ◽  
The World ◽  
Tools And Techniques ◽  
The Impact

PurposeManufacturing industry is quite badly hit due to the coronavirus. Manufacturing has been stopped in every country. The present study will provide assistance to the practitioners to recover manufacturing sector from the after-effects of coronavirus.Design/methodology/approachA thorough review of the recent articles published in the newspaper and web has been done to make a viewpoint on the global industrial impact due to epidemic corona. Reports of WHO, IMF, World Bank, RBI and so forth are also reviewed. Further, Lean Six Sigma has been suggested which can be implemented to recover manufacturing industry from the ill effects of corona.FindingsIn present study the problem causd in the manufacturing sector due to corona virus has been identified and a clinical treatment for the same has been proposed by using the tools and techniques of Lean Six Sigma.Originality/valueThe impact of coronavirus has become a huge issue not only for the physical health of human beings but also for the economic health of most of the countries in the world, as it is pushing the world economy toward huge economic depression. Therefore, it becomes the moral responsibility of industrial experts to suggest the tools and techniques to the manufacturing industry for faster recovery.

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