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Reuters (September 3)

2020/ 09/ 03 by jd in Global News

“Publicly listed family-owned firms, defined as those where the founder of their family owns 20% of shares or votes, returned 3 percentage points more than non-family owned stocks during the virus-struck first half of 2020.” It might be a coincidence, “but the same thing happened after the last crisis…. The effect persists across sectors, regions and company size,” perhaps because the firms have less debt and invest more in R&D.

 

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