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dc.contributor.authorPajarinen, Mikaen_US
dc.contributor.authorRouvinen, Petrien_US
dc.contributor.authorYlä-Anttila, Pekkaen_US
dc.description.abstractThe 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.en_US
dc.publisherElinkeinoelämän Tutkimuslaitos Helsinkien_US
dc.relation.ispartofseriesETLA discussion paper 1242en_US
dc.subject.keywordownership structureen_US
dc.subject.keywordfamily businessen_US
dc.subject.keywordbusiness objectivesen_US
dc.titleOmistajuuden vaikutus: Suomalaisen työllisyyden kasvuun ja pysyvyyteenen_US
dc.typeWorking Paperen_US
Appears in Collections:ETLA Discussion Papers, Research Institute of the Finnish Economy (ETLA)

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