# Omistajuuden vaikutus suomalaisen työllisyyden kasvuun ja pysyvyyteen

**Published:** 2011-03-16  
**Categories:** Publications  
**Tags:** Discussion Papers, employment, growth  
**URL:** https://www.etla.fi/en/publications/dp1242-en/

The 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.

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## Additional Information

**Avainsanat:** omistusrakenteet, perheyritys, liiketoiminnan tavoitteet, työllisyys, kasvu

**Key Words:** ownership structure, family business, business objectives, employment, growth

**Kirjoittajat:** Pajarinen, Mika - Rouvinen, Petri - Ylä-Anttila, Pekka

**Lataa Pdf:** https://www.etla.fi/wp-content/uploads/2012/09/dp1242.pdf

**Kansikuva:** https://www.etla.fi/wp-content/uploads/2012/09/dp1242_etukansi.jpg