Family firms, do they grow slower than non-family firms?
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- Master of Science 
This study seeks to answer whether family firms grow slower than non-family firms in Norway, and if family firm’s inherent characteristics explains differing growth. Our research analyses four different measurements of growth: Sales, Operating income, Total assets and Wage. Out of 12 industries, we find that family firms grow slower in 6 industries, but quicker in 2 industries. Our tests show that none of the following explains the differing growth: risk aversion, lack of business planning or family ties over professionalism. Lastly, we also discuss possible reasons for different growth scenarios across industries.
Masteroppgave(MSc) in Master of Science in Business, Finance - Handelshøyskolen BI, 2017