The Under-Researched Family Firm: New Insights from Unique Norwegian Data

Berzins, Janis; Bøhren, Øyvind; Stacescu, Bogdan

The Under-Researched Family Firm: New Insights from Unique Norwegian Data

In Amir Sasson (ed.), At the Forefront, Looking Ahead: Research-Based Answers to Contemporary Uncertainties of Management. Universitetsforlaget, 2018

20 Pages Posted: 2 Oct 2018

See all articles by Janis Berzins

Øyvind Bøhren

BI Norwegian Business School; European Corporate Governance Institute (ECGI)

Bogdan Stacescu

BI Norwegian Business School

Date Written: June 22, 2018

Abstract

This chapter reports main findings from a comprehensive study of how Norwegian family firms are governed and how they behave and perform as economic entities. Analyzing all firms from 2000 to 2015, we show that the family firm represents the most widespread way of organizing economic activity, and that family firms differ fundamentally from other firms. Our results suggest that deeper insight into the economics of family firms may make the firms better, and the public debate more informed.

Keywords: corporate governance, corporate finance, population, family firms, majority control

JEL Classification: G32, G34

Suggested Citation: Suggested Citation

Berzins, Janis and Bøhren, Øyvind and Stacescu, Bogdan, The Under-Researched Family Firm: New Insights from Unique Norwegian Data (June 22, 2018). In Amir Sasson (ed.), At the Forefront, Looking Ahead: Research-Based Answers to Contemporary Uncertainties of Management. Universitetsforlaget, 2018, Available at SSRN: https://ssrn.com/abstract=3242759