| dc.contributor.author | Ghate, Navid | |
| dc.contributor.author | Fjällström, Trf | |
| dc.date.accessioned | 2021-08-04T07:47:15Z | |
| dc.date.available | 2021-08-04T07:47:15Z | |
| dc.date.issued | 2021-08-04 | |
| dc.identifier.uri | http://hdl.handle.net/2077/69240 | |
| dc.description | MSc in Finance | sv |
| dc.description.abstract | This study researches the association between Swedish family ownership and stock performance. Using the sample of non-financial firms listed in SSE (Stockholm stock exchange) in the time-period of 2010-2020, we find that Swedish family firms delivered an annual abnormal return of 1.82% to 3.23% when adjusting for firm characteristics. We also find that family firms delivered an abnormal return of 8.73% to 9.90% when adjusting for risk factors. We document that family firms experience a lowered valuation caused by perceived agency cost from the market while being more efficient than non-family firms. The result of this study suggests that an investor would earn a premium by investing in Swedish family firms. | sv |
| dc.language.iso | eng | sv |
| dc.relation.ispartofseries | Master Degree Project | sv |
| dc.relation.ispartofseries | 2021:137 | sv |
| dc.subject | Abnormal returns | sv |
| dc.subject | Fama-French | sv |
| dc.subject | Swedish stock exchange | sv |
| dc.subject | Family firms | sv |
| dc.subject | Ownership structure | sv |
| dc.subject | Firm characteristics | sv |
| dc.subject | Agency cost | sv |
| dc.subject | Performance | sv |
| dc.subject | Valuation | sv |
| dc.title | Swedish family ownership and its influence on stock performance | sv |
| dc.type | Text | |
| dc.setspec.uppsok | SocialBehaviourLaw | |
| dc.type.uppsok | H2 | |
| dc.contributor.department | University of Gothenburg/Graduate School | eng |
| dc.contributor.department | Göteborgs universitet/Graduate School | swe |
| dc.type.degree | Master 2-years | |
