Labor Contracts, Wages and SME Failure

Dewaelheyns, Nico; Hulle, Cynthia Van; Landuyt, Yannick Van; Verreydt, Mathias

doi:10.3390/su13147864

Cited by 3 publications

(3 citation statements)

References 80 publications

(111 reference statements)

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“…Literature [13] mentions that improvements in the legal environment may better protect investors in specialized assets and provide them with stronger incentives to invest in specialization, thus contributing to an increase in the overall level of specialization in the economy and an increase in labor productivity. Literature [14] examines the impact of different types of labor contracts and wages on the probability of firm failure between 2012 and 2019 and finds that using contract types with lower employment protection and paying lower wages are significant predictors of failure. Literature [15] investigated that firms should develop organizational values and management processes oriented towards prudent management of resources, practice corporate thrift, and develop multi-synchronicity as core factors in fostering corporate citizenship behaviors.…”

Section: Introductionmentioning

confidence: 99%

Empirical analysis of the stability of labor contract relationship and its influencing factors from the perspective of civil law

Zhang,

Qiu

2024

Applied Mathematics and Nonlinear Sciences

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Stable employment is a pivotal foundation for contemporary economic development and transformation. The enhancement of labor contract relationship stability is crucial for the great rejuvenation of the Chinese nation. Drawing from civil law and various research materials, this study identifies key factors influencing labor contract stability and posits several research hypotheses. This paper constructs a regression analysis model to examine the relationships between these factors and labor contract stability, where the influencing factors serve as independent variables and the stability of the labor contract relationship acts as the dependent variable. The model’s fit is rigorously evaluated. A preliminary analysis employing Pearson’s correlation coefficient reveals significant correlations between all 14 identified factors and the stability of labor contract relationships, supporting the use of regression analysis. Empirical results from the regression analysis indicate a significant positive impact of education level on labor contract stability (p = 0.031 < 0.05). Similarly, employment income is shown to positively influence labor contract stability (p = 0.009 < 0.05). Apart from education level and urban integration challenges, other identified factors also significantly affect the stability of labor contracts. This research not only advances our understanding of the dynamics influencing labor contract stability but also provides a robust empirical basis for shaping relevant civil law regulations and policies.

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Section: Introductionmentioning

confidence: 99%

Empirical analysis of the stability of labor contract relationship and its influencing factors from the perspective of civil law

Zhang,

Qiu

2024

Applied Mathematics and Nonlinear Sciences

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“…Certain time agreements are better known as contracts or non-permanent work agreements (Oliskevych & Tokarchuk, 2018). Employment agreements can be used to provide legal protection to workers within the time limit of employment ( Dewaelheyns et al, 2021). The presence of a work agreement can avoid the company's arbitrariness in carrying out continuous work or permanent/permanent work (Maltseva et al, 2021).…”

Section: Introduction and Brief Literature Reviewmentioning

confidence: 99%

“…Employment or work reorganization experienced at the employee or organizational level affects the level of employee confidence. Reform and implementation of laws for companies and individuals cannot anticipate changes in job protection (Dewaelheyns et al, 2021). New labour laws that include additional or amended legal requirements sometimes come into effect, and these new laws can also pose challenges for companies (Zhuang & Yu, 2021).…”

Section: Introduction and Brief Literature Reviewmentioning

confidence: 99%

Determination of the maximum time limit on a specific time work agreement in the view of legal certainty and fairness

Shalihah¹,

Adhayanto²,

Indra³

et al. 2022

EA-XXI

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Labour as a party with a relatively weak bargaining position must receive legal protection from the state. Justice for workers is a condition that ensures the continuity of their employment relationship status and justice for the welfare of workers. This study aims to provide an overview of the legal changes regarding the maximum time limit of a certain work agreement that changes the justice of legal certainty in Indonesia. This study used the descriptive qualitative method. This research is formative research on labour law in Indonesia. This study uses three approaches, namely: a legislative approach, a conceptual approach and a comparative approach. The information base of research has been formed through using documentation and literature studies on the problems that occur with changes in employment status in Indonesia. Data were analyzed using Miles and Huberman models, namely data reduction, data tabulation, data presentation and conclusion drawing. The study results indicate that the application of the new regulation on employment is less fair and prosperous for workers with a certain time work agreement. The research results are expected to be taken into consideration for related parties to prioritize the welfare of workers for a certain period to improve the standard of living of workers for a certain period.

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SME default prediction: A systematic methodology-focused review

Cheraghali,

Molnár

2023

Journal of Small Business Management

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Labor Contracts, Wages and SME Failure

Cited by 3 publications

References 80 publications

Empirical analysis of the stability of labor contract relationship and its influencing factors from the perspective of civil law

Empirical analysis of the stability of labor contract relationship and its influencing factors from the perspective of civil law

Determination of the maximum time limit on a specific time work agreement in the view of legal certainty and fairness

SME default prediction: A systematic methodology-focused review

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