2020
DOI: 10.1093/oxrep/graa007 View full text |Buy / Rent full text
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Belén Villalonga,
Raphael Amit

Abstract: This article reviews the existing literature about the most prevalent form of corporate ownership around the world: ownership by individuals—particularly founders—and families. We summarize the existing evidence about the prevalence and persistence of family ownership around the world, along with its impact on performance—both financial and non-financial—relative to other types of corporate ownership. We discuss how and why these empirical facts and findings come about—why owners in general, and family owners … Show more

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