Familjeägande och skuldsättningens påverkan på lönsamhet: Fokus på börsnoterade familjeägda företag i Europa
(2025) FEKH89 20242Department of Business Administration
- Abstract
- Title: The Impact of Family Ownership and Debt on Profitability: A Focus on Publicly Listed Family-Owned Businesses in Europe
Seminar date: 2025-01-16
Course: FEKH89, Examensarbete kandidatnivå i finansiering, 15 högskolepoäng
Authors: Alexandra Jaukkuri, Linnea Ivarsson, Livia Marcetic
Supervisor: Zahida Sarwary
Key words: Debt, Profitability, Family Holding, Capital Structure, Socioemotional Wealth
Research question: How does the degree of family ownership and the type of debt impact profitability, measured as ROA, in publicly listed European family-owned companies?
Purpose: The thesis aims to examine how debt affects profitability, with a focus on publicly listed family-owned companies in Europe. The study also... (More) - Title: The Impact of Family Ownership and Debt on Profitability: A Focus on Publicly Listed Family-Owned Businesses in Europe
Seminar date: 2025-01-16
Course: FEKH89, Examensarbete kandidatnivå i finansiering, 15 högskolepoäng
Authors: Alexandra Jaukkuri, Linnea Ivarsson, Livia Marcetic
Supervisor: Zahida Sarwary
Key words: Debt, Profitability, Family Holding, Capital Structure, Socioemotional Wealth
Research question: How does the degree of family ownership and the type of debt impact profitability, measured as ROA, in publicly listed European family-owned companies?
Purpose: The thesis aims to examine how debt affects profitability, with a focus on publicly listed family-owned companies in Europe. The study also intends to explore how total, short-term, and long-term debts are related to profitability.
Methodology: The thesis adopts a deductive approach and a quantitative method.
Theoretical perspective: The theoretical foundation of the study is based on Agency Cost Theory, Pecking Order Theory, SEW, and previous research on capital structure and family ownership.
Result: Findings show a statistically significant negative relationship between both the total debt ratio and long-term debt in relation to profitability. However, there is a statistically significant positive relationship between short-term debt and profitability. No statistically significant relationship indicates that the connection between debt and profitability is weaker in companies with higher family ownership.
Conclusions: The study demonstrates that high total debt levels negatively affects profitability, while short-term appears beneficial and long-term debt exerts a negative influence, underscoring the importance of a balanced capital structure. Additionally, family ownership may mitigate the negative effect of debt on profitability, although this finding requires further research and validation due to the small sample size and limited statistical significance. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9181557
- author
- Jaukkuri, Alexandra LU ; Ivarsson, Linnea LU and Marcetic, Livia LU
- supervisor
- organization
- course
- FEKH89 20242
- year
- 2025
- type
- M2 - Bachelor Degree
- subject
- keywords
- Debt, Profitability, Family Holding, Capital Structure, Socioemotional Wealth
- language
- Swedish
- id
- 9181557
- date added to LUP
- 2025-03-23 11:57:10
- date last changed
- 2025-03-23 11:57:10
@misc{9181557,
abstract = {{Title: The Impact of Family Ownership and Debt on Profitability: A Focus on Publicly Listed Family-Owned Businesses in Europe
Seminar date: 2025-01-16
Course: FEKH89, Examensarbete kandidatnivå i finansiering, 15 högskolepoäng
Authors: Alexandra Jaukkuri, Linnea Ivarsson, Livia Marcetic
Supervisor: Zahida Sarwary
Key words: Debt, Profitability, Family Holding, Capital Structure, Socioemotional Wealth
Research question: How does the degree of family ownership and the type of debt impact profitability, measured as ROA, in publicly listed European family-owned companies?
Purpose: The thesis aims to examine how debt affects profitability, with a focus on publicly listed family-owned companies in Europe. The study also intends to explore how total, short-term, and long-term debts are related to profitability.
Methodology: The thesis adopts a deductive approach and a quantitative method.
Theoretical perspective: The theoretical foundation of the study is based on Agency Cost Theory, Pecking Order Theory, SEW, and previous research on capital structure and family ownership.
Result: Findings show a statistically significant negative relationship between both the total debt ratio and long-term debt in relation to profitability. However, there is a statistically significant positive relationship between short-term debt and profitability. No statistically significant relationship indicates that the connection between debt and profitability is weaker in companies with higher family ownership.
Conclusions: The study demonstrates that high total debt levels negatively affects profitability, while short-term appears beneficial and long-term debt exerts a negative influence, underscoring the importance of a balanced capital structure. Additionally, family ownership may mitigate the negative effect of debt on profitability, although this finding requires further research and validation due to the small sample size and limited statistical significance.}},
author = {{Jaukkuri, Alexandra and Ivarsson, Linnea and Marcetic, Livia}},
language = {{swe}},
note = {{Student Paper}},
title = {{Familjeägande och skuldsättningens påverkan på lönsamhet: Fokus på börsnoterade familjeägda företag i Europa}},
year = {{2025}},
}