This study investigates the relationship between family-managed firms and firm employment growth by considering the effects of location and economic crisis as moderating variables.,The study uses random-effect models on a large panel dataset of Spanish manufacturing firms covering 2003 to 2015 to estimate the joint effects of municipality size and economic crisis on firm employment growth.,The analysis reveals a positive association between family-managed firms and employment growth. However, this association is not uniform across space and time. When it considers location, the study finds that municipality size positively affects employment growth in family-managed firms but not in non-family firms. Additionally, while the study reveals that both firm types experience negative employment growth during the early stage of the global economic crisis (2007–08), it also finds that family-managed firms located in small municipalities downsize less than their non-family counterparts.,This study provides new evidence on the resilience of family-managed firms during economic crises, particularly those located in geographically bounded settings, such as small municipalities. When an adverse event, such as an economic crisis, jeopardizes employment levels, the embedded and trust-based relationships, between a family firm and its community leads them to prioritize employees' claims. However, family-managed firms' commitment to preserve jobs in small municipalities cannot be maintained over the long term; this effect disappears if the economic crisis is protracted. This study sheds new light on family-managed firms' distinctive behavior toward with local communities.

中文翻译：

---

经济不景气期间的家族企业和就业增长：它们的位置重要吗？

本研究通过将地点和经济危机的影响作为调节变量来研究家族管理企业与企业就业增长之间的关系。该研究在2003至2015年西班牙制造企业的大型面板数据集上使用随机效应模型进行估算分析表明，家族企业与就业增长之间存在正相关关系。但是，这种关联在时空上并不统一。当考虑位置时，研究发现市政规模对家族企业的就业增长产生积极影响，但对非家族企业却没有影响。另外，该研究表明，两种公司类型在全球经济危机的早期阶段（2007-08年）都经历了负就业增长，但同时发现位于小城市的家族式管理公司的规模要小于非家族式公司。这项研究提供了有关家庭管理公司在经济危机期间（尤其是位于地域有限的地区，如小型市政当局）的弹性的新证据。当诸如经济危机之类的不利事件危及就业水平时，家族企业与其社区之间的嵌入式和基于信任的关系会导致他们优先考虑员工的求偿权。但是，家族管理的公司保留小城镇工作的承诺不能长期维持；如果经济危机持续很长时间，这种影响就消失了。这项研究为家族企业对当地社区的独特行为提供了新的思路。