dc.description.abstract | This paper use a large sample of non-listed Norwegian firms in order to compare
differences in growth between family and non-family firms during the period
2000-2015. We use data from the Center for Corporate Governance Research
(CCGR) to extract our dependent variable, sales growth, as well as several
independent variables like size, industry, age, assets, ownership, employees,
retention rate and cash rate. We have defined family firms as firms where one
family has more than 50% ultimate ownership. The purpose is to observe if family
ownership has an impact on a firm’s sales growth. Results indicate that the degree
of family ownership tend to be negatively correlated with sales growth. | nb_NO |