Ownership concentration, family business and corporate performance

Different features in European corporate ownership systems could be observed throughout countries. This study analyzes ownership concentration and ownership family business effects on corporate financial performance. The empirical analysis examines an ownership concentration companies sample in UK and Italian systems. The results evidence that ownership structure and ownership family business don’t affect financial performance. We found, however, that the relationship between some indicators, ebit and Roi in particular, points out Italian family business’ wish to sustain long term investments, in comparison to other company models. This aspect emphasizes a greater ownership involvement into long term goals pursue for family business opposed to non-family business, but also different cultural features for different countries family business.