@techreport{Pajarinen2011Omistajuuden,
abstract = {The study investigates empirically how ownership affects firms' domestic employment and its fluctuations. We look at six different ownership categories: first generation family businesses, second generation (or older) family businesses, state-owned companies, foreign-owned companies, publicly listed companies, and others (e.g. co-operatives and non-listed, non-family companies). It turns out that ownership matters. Volatility of employment in listed companies is much higher than in other firms. State-owned companies show the highest stability in employment, and they have also reduced their personnel less than others during the economic crisis of 2008-2009. The group of 'second generation family businesses' shows higher stability of employment than 'first generation'. Family businesses (especially the second or subsequent generation enterprises) are typically not high-growth firms. They seem to prefer stability over swift growth.},
address = {Helsinki},
author = {Mika Pajarinen and Petri Rouvinen and Pekka Yl\"{a}-Anttila},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {G32; L21; M14; 330; ownership structure; family business; business objectives; employment; growth},
language = {fin},
number = {1242},
publisher = {Elinkeinoel\"{a}m\"{a}n Tutkimuslaitos},
title = {Omistajuuden vaikutus: Suomalaisen ty\"{o}llisyyden kasvuun ja pysyvyyteen},
type = {ETLA discussion paper},
url = {http://hdl.handle.net/10419/44516},
year = {2011}
}
