Family firms (n = 4235) | Non-family firms (n = 2694) | Divergence difference (t-stats) |
0.876 | 0.819 | 0.057 (6.245)** |
Family succession (n = 197) | Non-family succession (n = 121) | Divergence difference (t-stats) |
0.881 | 0.862 | 0.019 (2.68)** |