Family Firms

Working Paper

26 March 2020

The Persistent Ownership Structure of Private Firms

We find that ownership changes much less over time in private firms than in public firms. The average largest shareholder in private (public) Norwegian firms keeps the same stake in 82% (14%) of two consecutive years. In private firms...

Øyvind Bøhren | Diana Iancu | Georgiana Radulescu | R. Øystein Strøm
01 January 2014

The Determinants of the CEO Successor Choice in Family Firms

This paper studies the factors that influence the CEO succession decision in family firms whose incumbent CEO is a member of the controlling family. The sample includes all such firms from France, Germany and the UK. We propose a...

Iram Fatima Ansari | Marc Goergen | Svetlana Mira