Spelling suggestions: "subject:"following:family"" "subject:"duringfamily""
1 |
Performance of Swedish listed family-firmsRasku, Andreas January 2014 (has links)
This thesis investigates the performance of Swedish listed family-controlled firms using re-turn on assets (ROA) and Tobin’s Q as performance measures. Results show that found-ing-family firms perform 6.1 % better than other firms for ROA. Firm-specific knowledge of the founder-CEO is the main cause of the enhanced performance. The results are not robust to residual testing which suggests caution when drawing conclusions from these re-sults. The main contribution of this thesis is an empirical analysis of family insider repre-sentation and the relation to ROA and Tobin’s Q in a sample consisting entirely of Swedish firms.
|
Page generated in 0.0639 seconds