We analyze the proportion of family business and its contribution to employment and gross domestic product (GDP). Our analysis adds to the literature by including all listed firms and by investigating a longer period than has heretofore been reported. The main contribution is to extend the...

The Swedish government gathers information that helps identify family-owned businesses. This enabled the authors to analyze every business in the economy over a longer period than has heretofore been reported. Using this data, the authors found that family-owned businesses account for up to one...