The Under-Researched Family Firm : New Insights from Unique Norwegian Data

This chapter reports main findings from a comprehensive study of how Norwegian family firms are governed and how they behave and perform as economic entities. Analyzing all firms from 2000 to 2015, we show that the family firm represents the most widespread way of organizing economic activity, and that family firms differ fundamentally from other firms. Our results suggest that deeper insight into the economics of family firms may make the firms better, and the public debate more informed