Onsequences of long term family ownership

n Europe, as well as in Sweden, the typical publicly listed firm is not widely held, but controlled by a family that has had, and is likely to continue to have, a long term interest in the company. Long term owners are either founders of the company or a family that has stepped in and become the controlling owner at some time. Comparisons within the European Union document that the ownership of publicly listed Swedish firms is more concentrated than in other countries.