Change search
Refine search result
12 1 - 50 of 53
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Rows per page
  • 5
  • 10
  • 20
  • 50
  • 100
  • 250
Sort
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
  • Standard (Relevance)
  • Author A-Ö
  • Author Ö-A
  • Title A-Ö
  • Title Ö-A
  • Publication type A-Ö
  • Publication type Ö-A
  • Issued (Oldest first)
  • Issued (Newest first)
  • Created (Oldest first)
  • Created (Newest first)
  • Last updated (Oldest first)
  • Last updated (Newest first)
Select
The maximal number of hits you can export is 250. When you want to export more records please use the 'Create feeds' function.
  • 1.
    Andersson, David E
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Andersson, Martin
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Högberg, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Corporate Governance Structures, Legal Origin and Firm Performance: A comparative Marginal Q-analysis of Taiwan, Hong Kong and Sweden2007Conference paper (Refereed)
  • 2.
    Andersson, David E
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Andersson, Martin
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Högberg, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Corporate Governance Structures, Legal Origin and Firm Performance: A comparative Marginal Q-analysis of Taiwan, Hong Kong and Sweden2007Conference paper (Other academic)
  • 3.
    Bjuggren, Per Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Wiberg, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    A Regional Perspective on Firm Ownership and Performance: The Case of the Jönköping Province2005In: Uddevalla Symposium 2004: regions in competition and co-operation : papers presented at the 7th Uddevalla Symposium 2004, 17-19 June, Fredrikstad, Norway, Uddevalla: University of Trollhättan/Uddevalla , 2005, 97-109 p.Conference paper (Other academic)
  • 4.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    3G och skönhetstävlingar ur ett kontraktsperspektiv2005In: Studier i rättsekonomi: Festskrift till Ingemar Ståhl, Lund: Studentlitteratur , 2005, 29-42 p.Chapter in book (Other academic)
  • 5.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Economics.
    Book review of Innovation, economic growth and the firm: Theory and evidence of industrial dynamics, Jean-luc Gaffard and Evens Salies (eds.), Edward Elgar, 20102013In: Papers in regional science (Print), ISSN 1056-8190, E-ISSN 1435-5957, Vol. 92, no 1, 238-239 p.Article, book review (Other academic)
    Abstract [en]

    Innovation, economic growth and the firm is an edited book containing a selection of papers from a Schumpeter conference in 2006. How economic growth is created in a dynamic interplay between firm and industry is the subject matter. Knowledge, innovation and competition are the dynamic forces considered. The different essays in the book are both of theoretical and empirical econometric nature. The book can be said to belong to fields of industrial organization, theory of the firm, and entrepreneurship. The purpose of the book is to study the determinants of economic growth from a firm perspective.

  • 6.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Entreprenörskap: den viktigaste produktionsfaktorn2007In: Ekonomisk Debatt, ISSN 0345-2646, no 5, 93-96 p.Article, book review (Other (popular science, discussion, etc.))
  • 7.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Ingen tillväxt utan tillitsfrämjande lagstiftning: Robert D Cooter och Hans-Bernd Schäfer: Solomon’s Knot: How Law Can End the Poverty of Nations, Princeton University Press, 2012, 344 sidor, 978-0-69114-792-52015In: Ekonomisk Debatt, ISSN 0345-2646, Vol. 43, no 5, 83-87 p.Article, book review (Other (popular science, discussion, etc.))
  • 8.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Liberalisation of the Telecom Sector and the Changed Role of the State: The Swedish Development from a Transatlantic Perspective2006In: The End of Sovereignty: A Transatlantic Perspective, Hamburg: Munster Lit , 2006, 433-457 p.Chapter in book (Other (popular science, discussion, etc.))
  • 9.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Ratio Inst, Stockholm, Sweden.;Jonkoping Int Business Sch, Jonkoping, Sweden..
    Marginal q revisited2016In: Applied Economics, ISSN 0003-6846, E-ISSN 1466-4283, Vol. 48, no 1, 52-58 p.Article in journal (Refereed)
    Abstract [en]

    Two measures of firm investment behaviour used in the empirical research are Tobin's q (average q) and marginal q. The marginal q is a more recently introduced measure than Tobin's q and is not as well known. This article aims to demonstrate the advantages of using marginal q as a performance measure and is a response to an earlier critical article (Berglund, 2011) claiming an elusiveness bias. The pro arguments made in response are that the claimed elusiveness is not a problem. Furthermore, many of the evaluation problems inherent in the empirical use of Tobin's q, like estimation of replacement cost of assets, can be avoided. From a pure theoretical standpoint, it has long been recognized that marginal q is superior to an average measure of investment behaviour such as Tobin's q.

  • 10.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Economics.
    ”Skattepolitik från insidan” bokanmälan av Sven-Olof Lodin: Professorn som blev näringslivstorped – min tid i skattepolitiken2010In: Ekonomisk Debatt, no 2Article, book review (Other academic)
  • 11.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    The Swedish 3G Beauty Contest: A Beauty or a Beast?2006In: The Emerging Digital Economy: Entrepreneurship, Clusters, and Policy, Berlin: Springer , 2006, 277-291 p.Chapter in book (Other (popular science, discussion, etc.))
  • 12.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Andersson, Martin
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Högberg, Andreas
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Corporate Governance Structure, Legal Origin and Firm Performance: A Comparative margnial Q-Analysis of Taiwan, HongKong and Sweden2007Conference paper (Other (popular science, discussion, etc.))
  • 13.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Andersson, Åke E.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Johansson, Börje
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Karlsson, Charlie
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Kommunal markskatt är mycket bättre2006In: Svenska Dagbladet, ISSN 1101-2412, Vol. 22 septemberArticle in journal (Other (popular science, discussion, etc.))
  • 14.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Bohman, Helena
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Institutional Framework and Ownership in the Swedish Newspaper Sector: Implications for profitability and pluralism2004In: Transatlantic Perspectives on Liberalization and Democratic Governance, Munster: Lit Verlag , 2004, 40-57 p.Chapter in book (Other (popular science, discussion, etc.))
  • 15.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Bohman, Helena
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Ownership, control and performance in the most actively traded companies on Stockholm stock exchange: A comparison between 1999 and 20012006In: Corporate ownership & control, ISSN 1727-9232, Vol. 4, no 1, 146-155 p.Article in journal (Refereed)
  • 16.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Domeij, Bengt
    Uppsala universitet.
    Horn, Anna
    Stockholms universitet.
    Sverige måste hantera patent snabbare2015In: Svenska Dagbladet, Vol. 13 novemberArticle in journal (Other (popular science, discussion, etc.))
  • 17.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Domeij, Bengt
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Law, Department of Law.
    Horn, Anna
    Stockholm University.
    Swedish patent litigation in comparison to European2015In: NIR: Nordiskt immateriellt rättsskydd, ISSN 0027-6723, no 5, 504-522 p.Article in journal (Other academic)
  • 18.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Domeij, Bengt
    Uppsala University.
    Horn, Anna
    Stockholm University.
    Swedish patent litigation survey of small and medium-sized enterprises2017In: NIR: Nordiskt immateriellt rättsskydd, ISSN 0027-6723, no 3, 234-248 p.Article in journal (Other academic)
  • 19.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Duggal, Rubecca
    Jönköping University, Jönköping International Business School.
    Giang, Dinh
    Jönköping University, Jönköping International Business School.
    Ownership Dispersion and Capital Structures in Family Firms: A Study of Closed Medium-Sized Enterprises2012In: Journal of Small Business and Entrepreneurship, ISSN 0827-6331, Vol. 25, no 2, 185-200 p.Article in journal (Refereed)
    Abstract [en]

    Family firms are entities contribute greatly to all economies worldwide. In the following study we investigate capital structures and ownership dispersion among Swedish family firms. In order to find concluding results, we proceed with a regression between leverage and family business, leverage and family firm age, and leverage and ownership dispersion. Our regression outcomes support a U-shaped relationship between family ownership dispersion and leverage, but do not confirm a relation between leverage and family business. Earlier studies made in the field have generated differing results; however, there are some studies that are actually in line with our findings. A unique database developed at Jönköping University is used that enables us to obtain access to firm-level data. Earlier studies in the same genre have only had access to industry-level data.

  • 20.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Dzansi, James
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Remittances and Investment2008Conference paper (Refereed)
  • 21.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Eklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Svenska storföretag måste höja sina aktieutdelningar2010In: Dagens Industri, Vol. 6 aprilArticle in journal (Other (popular science, discussion, etc.))
  • 22.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Eklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    The cost of legal uncertainty: The impact of insecure property rights on cost of capital2009In: The Modern Firm, Corporate Governance and Investment / [ed] Per-Olof Bjuggren, Dennis C. Mueller, Cheltenham, UK: Edward Elgar , 2009, 167-184 p.Chapter in book (Other (popular science, discussion, etc.))
  • 23.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Eklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Turnover and mobility of firms and establishments in the Swedish service sector: A structural survey2006In: Entrepreneurship and Dynamics in the Knowledge Economy, New York: Routledge , 2006, 149-166 p.Chapter in book (Other academic)
  • 24.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Economics.
    Eklund, Johan E.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Economics.
    Property rights and the cost of capital2015In: European Journal of Law and Economics, ISSN 0929-1261, E-ISSN 1572-9990, Vol. 39, no 3, 523-537 p.Article in journal (Refereed)
    Abstract [en]

    In countries with more secure property rights, the cost of capital is lower, suggesting higher investment rates. Using data from 49 countries we extend the conventional capital-asset pricing model (CAPM) to include a property rights risk-factor. In the conventional CAPM model only a single risk factor—systemic risk—is considered. However, when using a world market portfolio to estimate systemic risk in national portfolios, little of the required rate of return is explained in less developed as compared to more developed countries. Adding a factor representing institutional risk increases predictive power substantially. Further, we find that property rights affect the transmission of information, which suggests that markets price information differently, and allocate resources less efficiently, in countries with less secure property rights. We find that the CAPM model performs better in countries with more secure property rights.

  • 25.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). The Ratio Institute, Stockholm, Sweden .
    Eklund, Johan E.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Centre of Excellence for Science and Innovation Studies (CESIS). Swedish Entrepreneurship Forum, Stockholm, Sweden .
    Wiberg, Daniel
    The Swedish Federation of Business Owners, Stockholm, Sweden .
    Institutional ownership and returns on investment2016In: Corporate Ownership & Control, ISSN 1727-9232, E-ISSN 1810-3057, Vol. 13, no 4Cont3, 419-430 p.Article in journal (Refereed)
    Abstract [en]

    This paper examines how institutional investors influence investment decisions and returns on investment. To measure investment performance, we use marginal q, which measures the ratio of the return on investment to the cost of capital. Institutional owners are found to have a positive but marginally diminishing effect on performance. Our paper uses longitudinal data on Swedish firms from 1999 to 2005; during this period, the ownership structure of Swedish firms underwent dramatic changes as institutional investors increased their ownership shares, while ownership by Swedish households decreased. However, controlling owners - who were often founding families - maintained their control of firms by resorting to extensive use of dual-class shares. This was an important determinant of firm performance that eradicated the positive influence of institutional ownership.

  • 26.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Eklund, Johan E.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Wiberg, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Ownership structure, control and firm performance: The effects of vote-differentiated shares2007In: Applied Financial Economics, ISSN 0960-3107, Vol. 17, no 6, 1323-1334 p.Article in journal (Refereed)
  • 27.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Eklund, Johan E.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Wiberg, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO).
    Ändra hellre skattereglerna än lex Leo2007In: Dagens Industri, ISSN 0346-640X, Vol. 24 aprilArticle in journal (Other (popular science, discussion, etc.))
  • 28.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Eklund, Johan
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Wiberg, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Ownership, Control and Performance in Swedish Listed Companies2004In: The Annual Conference of the International Society for New Institutional Economics: Tucson, Arizona, 2004, 2004Conference paper (Other scientific)
    Abstract [en]

    This paper contributes to the literature of ownership, control and performance by exploring these relationships for Swedish listed companies (1997-2002). A marginal q will be used as measures of economic performance. Marginal q was presented in an article by Mueller and Reardon in 1993 and has recently been used in empirical studies of ownership and performance by among others Gugler and Yurtoglu (2003). Frequently an average Tobin’s q is used in studies of this type, but Tobin’s q has a number of disadvantages which can be circumvented by employing a marginal q. In addition to marginal q estimations have been made with the valuation ratio as performance measure. The valuation ratio is interesting from a theoretical viewpoint, as it is an efficiency measure that plays a central role in Marris (1964) growth model of the firm. It is also easy to compute and is related to Tobin´s q. This study adds to earlier studies by using Swedish data with its specificities in form of pyramid ownership and a vote differential. The relationships between the two performance measures and different ownership characteristics like ownership concentration and foreign ownership is investigated. We find that firms, on average, are making inferior investment decisions and that the Swedish corporate governance system have some efficiency drawbacks.

  • 29.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Johansson, Dan
    Du Rietz, Gunnar
    3.12-reglerna: en ekonomisk analys2007In: Ekonomisk Debatt, ISSN 0345-2646, no 7, 18-30 p.Article in journal (Other academic)
  • 30.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Melin, Leif
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Ericsson, Anders
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Hall, Annika
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Haag, Kajsa
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Nordqvist, Mattias
    Jönköping University, Jönköping International Business School, JIBS, EMM (Entrepreneurship, Marketing, Management). Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Ägarskiften och ledarskiften i företag: En fördjupad analys2004Book (Other academic)
  • 31.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Mueller, Dennis, C.University of Vienna, Austria.
    The Modern Firm, Corporate Governance and Investment2009Collection (editor) (Refereed)
  • 32.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Palmberg, Johanna
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    A contractual perspective of the firm with an application to the maritime Industry2009In: The Modern Firm, Corporate Governance and Investment, Cheltenham, UK: Edward Elgar , 2009, 1, 63-81 p.Chapter in book (Refereed)
  • 33.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Palmberg, Johanna
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    A Contractual Perspective of the Firm with an Application to the Maritime Industry2007Conference paper (Other (popular science, discussion, etc.))
  • 34.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Palmberg, Johanna
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Swedish Listed Family Firms and Entrepreneurial Spirit2008Report (Other (popular science, discussion, etc.))
  • 35.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Palmberg, Johanna
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Swedish Listed Family Firms and Entrepreneurial Spirit2008Conference paper (Refereed)
  • 36.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Economics.
    Palmberg, Johanna
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    The Impact of Vote Differentiation on Investment Performance in Listed Family Firms2010In: Family Business Review, ISSN 0894-4865, E-ISSN 1741-6248, Vol. 23, no 4, 327-340 p.Article in journal (Refereed)
    Abstract [en]

    This article investigates the effects of separation of ownership and control because of vote differentiation on listed family firms’ investment performance. The authors study the question of whether family-controlled firms have better investment performance than nonfamily firms and whether this investment performance is negatively affected by a separation of ownership and control because of vote differentiation. Marginal q is used as a performance measure. The empirical analysis shows that family control has a positive impact on investment performance when ownership and control are aligned, whereas separation of ownership and control in terms of vote-differentiated shares reduce investment performance.

  • 37.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Palmberg, Johanna
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Haag, Kajsa
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    The Dichotomy and Incongruity of Financing a Family Owned Business and Securing Ownership Positions2014Conference paper (Other academic)
  • 38.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    A contractual perspective on succession in family firms: a stakeholder view2014In: European Journal of Law and Economics, ISSN 0929-1261, E-ISSN 1572-9990, Vol. 38, no 2, 211-225 p.Article in journal (Refereed)
    Abstract [en]

    This paper analyses succession in family firms from a contractual perspective. A firm is regarded as a nexus of contractual relations with owners, employees, suppliers of goods and services and customers. These contractual parties are in differing degrees tied to the firm through asset specificities. Succession can affect the value of such assets. In this sense they become stakeholders with vested interests in the succession process. The theoretical discussion of affected stakeholdersis backed up by a survey study of 143 Swedish family-owned businesses that have been subject to succession. The results show that the opinions of close shareholders such as family members and incumbent mangers as well as those of other stakeholders such as suppliers and customers are important.

  • 39.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Commercial Law.
    A Transaction Cost Rationale for Transition of the Firm within the Family2002In: Small Business Economics, ISSN 0921-898X, E-ISSN 1573-0913, Vol. 19, no 2, 123-133 p.Article in journal (Refereed)
  • 40.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Commercial Law.
    Organisering av generationsskifte i små och medelstora familjeföretag2003In: Skattenytt, ISSN 0346-1254, no 7-8, 527- p.Article in journal (Other academic)
  • 41.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Commercial Law. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Organization of transfers of small and medium-sized enterprises within the family: Tax law considerations2005In: Family Business Review, ISSN 0894-4865, Vol. 18, no 4, 305-319 p.Article in journal (Refereed)
  • 42.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Economics, Finance and Statistics.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Accounting and Law.
    Ownership Restrictions, Risk and Team Considerations in Family-owned Businesses2011In: European Business Law Review, ISSN 0959-6941, Vol. 22, no 1, 93-105 p.Article in journal (Refereed)
    Abstract [en]

    At the start of a new business both team and risk aspects have to be considered in the choice of business form. The partnership form offers advantages in terms of team considerations while the corporate form provides limited liability which provides a way to handle the risk problems associated with owning a firm. The advantage of having a well synchronized team is important for many new firms and especially for cases where family relations are considered important. Seen from that angle the partnership form should be opted for. But risk is high up in the mind of founders. Events might unfold in an unexpected way and in the process the economy and well being of the family is at stake. The corporate form with limited liability is in this sense a very attractive choice that is commonly chosen. But with the corporate form comes transferability of ownership of shares without consent of other owners. The shareholder team might therefore change in an unexpected and unwelcome way. Therefore it is important to consider different types of transfer restrictions when a new corporate form of business is started. This aspect has not been much considered in practice and in the entrepreneurship literature. An accountant or a lawyer often has to remind an entrepreneur of the importance of stability in ownership positions.

  • 43.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Sund, Lars-Göran
    Jönköping University, Jönköping International Business School, JIBS, Commercial Law.
    Strategic Decision Making in Intergenerational Successions of Small- and Medium-Size Family-Owned Businesses2001In: Family Business Review, ISSN 0894-4865, E-ISSN 1741-6248, Vol. 14, no 1, 11-23 p.Article in journal (Refereed)
  • 44.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Wiberg, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Industry Specific Effects in Investment Performance and Valuation of Firms2008In: Empirica, ISSN 0340-8744, Vol. 35, no 3, 279-291 p.Article in journal (Refereed)
  • 45.
    Bjuggren, Per-Olof
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Wiberg, Daniel
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Ownership, Succession and Entrepreneurship in an Aging Society: Is There a Transition Problem?2009In: Innovation, Agglomeration and Regional Competition / [ed] Charlie Karlsson, Börje Johansson & Roger R. Stough, Cheltenham: Edward Elgar , 2009, 57-76 p.Chapter in book (Other academic)
  • 46.
    Högberg, Andreas
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Large Listed Firms in Europe: Impact of legal tradition and ownership structure onperformance2009In: Europeisk integration i svensk ekonomisk forskning: SNEE:s 11 årliga konferens / [ed] Lars Oxelheim, 2009Conference paper (Other academic)
    Abstract [en]

    This paper investigates the impact of legal tradition and ownership on investment performance in large European listed firms. Europe is of special interest in this sense since the legal systems differs widely. Anglo Saxon, Scandinavian, German as well as French variants of legal systems can be found in representative forms in a concentrated geographical area. It is also interesting as the dispersed ownership pattern discussed and theoretized in much of the corporate governance literature is only common in Anglo Saxon countries. Most countries show a rather concentrated ownership of listed firms.

    This study differs from earlier studies by concentrating on large listed firms. These are firms in which shareholder protection should be most important for handling typical corporate governance problems. The results show in line with the expectations that performance is lower in these large firms. Somewhat unexpectedly the results also indicate that the Anglo Saxon legal system is no guarantee for good governance and importance. A possible explanation is that shareholder protection changes over time in a fashion that does not always follows legal origin demarcations.

  • 47.
    Palmberg, Johanna
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics.
    The Impact of Investment Performance of Vote Differentiation in Family FirmsConference paper (Refereed)
    Abstract [en]

    This paper investigates the effects of separation of ownership and control due to vote differentiation on listed family firms’ investment performance. We study both the question whether family controlled firms have better investment performance than non-family firms and as to whether this investment performance is negatively affected by a separation of ownership and control due to vote differentiation. Marginal q is used as a performance measure. The empirical analysis shows that family control has a positive impact on investment performance when ownership and control are aligned while separation of ownership and control in terms of vote-differentiated shares lowers investment performance.

  • 48.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    Family-owned, limited close corporations and protection of ownership2007In: European Journal of Law and Economics, ISSN 0929-1261, Vol. 23, no 3, 273-283 p.Article in journal (Refereed)
  • 49.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Accounting and Law.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Economics.
    No Gift and Inheritance Tax: No problems left for succession of family-owned businesses?2013In: European Business Law Review, ISSN 0959-6941, Vol. 24, no 1, 149-159 p.Article in journal (Refereed)
    Abstract [en]

    Sweden abandoned the gift and inheritance tax in late 2004. One reason was that the government wished to enhance transfer of ownership of shares in family-owned businesses from the older to the younger generation and within the family. Anticipated outcomes of amendments in tax law are, however, not always fulfilled. This paper reports on a survey study of 143 Swedish small to medium-sized family businesses. The study is focused on companies and families that have carried out an intergenerational succession (some partly) during the lifetime of the older generation (127). Only in a few instances was the transfer of shares made in another way, i.e. six intestate inheritances and ten sales to an external person. According to the survey results abandoning the gift and inheritance tax is no quick .x. A succession within the family has still to be prepared and planned. Further, a transfer of the shares, for example to a daughter during the life time of the incumbent cannot always be made through a gift. The older generation may still require financial compensation in order to uphold their standard of living or compensate siblings who do not receive shares. A sale to a child at less than market value is still partly capital gains taxed. Even though having no gift and inheritance tax can be beneficial it nonetheless cannot produce miracles.

    We conclude that more efforts should be made concerning taxation of intergenerational transfer of family-owned businesses, in order to smooth the process, which hopefully will also be recognized by the EU Commission in its recommendations.

  • 50.
    Sund, Lars-Göran
    et al.
    Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership. Jönköping University, Jönköping International Business School, JIBS, Accounting and Law.
    Bjuggren, Per-Olof
    Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership.
    No gift and inheritance tax: No problems upon successions of family owned businesses?2010Conference paper (Other academic)
12 1 - 50 of 53
CiteExportLink to result list
Permanent link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf