Family ownership and firm performance

dc.contributor.authorMartinez, Jon I.
dc.contributor.authorStoehr, Bernhard S.
dc.contributor.authorQuiroga, Bernardo F.
dc.date.accessioned2025-01-21T01:05:31Z
dc.date.available2025-01-21T01:05:31Z
dc.date.issued2007
dc.description.abstractWe studied the impact of family ownership on firm performance by using a set of data on Chilean firms. From a sample of 175 firms listed on the stock market, the group of 100 family-controlled firms performed significantly better than the group of 75 nonfamily companies over the 10-year period under study (1995-2004). Three distinct measures Of performance-ROA, ROE, and a proxy of Tobin's Q-were employed to test the differences of means between the two groups of firms. These results were in line with our multiple regression model. All these findings support our conceptual framework and hypothesis, which states that public family firms perform better than public nonfamily firms.
dc.fuente.origenWOS
dc.identifier.eissn1741-6248
dc.identifier.issn0894-4865
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/95946
dc.identifier.wosidWOS:000247265600001
dc.issue.numero2
dc.language.isoen
dc.pagina.final94
dc.pagina.inicio83
dc.revistaFamily business review
dc.rightsacceso restringido
dc.titleFamily ownership and firm performance
dc.typeartículo
dc.volumen20
sipa.indexWOS
sipa.trazabilidadWOS;2025-01-12
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