Examining the effect of family control on firm value and performance - Evidence from the OMX60

Abstract

The aim of this study is to investigate the effect of family control on firm performance on the OMX60 during the period 2008-2012. The study is inspired by Anderson and Reeb (2003) an Oreland (2007). The results show evidence of a positive effect on Return on assets for founding family-firms but no evidence of a family-effect on Tobin’s Q and family-effect by family-firms on ROA.