haku: @author Sraer, D. / yhteensä: 2
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Tekijä: | Sraer, D. Thesmar, D. |
Otsikko: | Performance and behavior of family firms: Evidence from the French stock market |
Lehti: | Journal of the European Economic Association
2007 : JUN, VOL. 5:4, p. 709-751 |
Asiasana: | stock markets family firms France |
Kieli: | eng |
Tiivistelmä: | This study empirically documents the performance and behaviour of family firms (hereafter as: f-frs.) listed on the French stock exchange from 1994 to 2000. In France, appr. 1/3 of the firms are widely held, and 2/3 are f-frs. In the cross-section, f-frs. are found to largely outperform widely held corporations. Explanations for the good performance of family firms are offered. |
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