Hur påverkar familjeägande utdelningspolicyn? En kvantitativ studie om skillnader i utdelningspolicy mellan familjeägda och icke-familjeägda företag på Stockholmsbörsen 2018-2023

Abstract

The purpose of this study is to investigate the impact of family ownership on dividend policy among publicly listed firms in Sweden. Using panel data from 2018 to 2023 from firms listed on the Stockholm Stock Exchange, and applying both logistic regression and ordinary least squares regression, the study analyzes the differences in the likelihood of paying dividends and dividend payouts between family-owned and non-family-owned firms. The findings suggest that family firms are more likely to distribute dividends and have a higher average dividend payout ratio. Interpreted through the lens of agency theory, the results indicate that family ownership may help reduce agency costs. This study contributes to the existing literature by providing updated evidence from a Swedish context during a period marked by financial uncertainty.