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Why Family-Controlled Public Companies Outperform [Part II]

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Rupert Hargreaves
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Last week, I covered a study that had recently been published by analysts at Credit Suisse, which looked at the business model of family-controlled firms and the factors that helped them outperform the wider market.

Following on from last week's article, this week I'm looking at another study, published by UBS earlier this year. UBS' study assesses how disciplined corporate governance helps family-controlled firms outperform the wider market over the long-term.

The value of disciplined governance

UBS' study, titled "Why do Family-Controlled Public Companies Outperform? The Value of Disciplined Governance", focuses on the corporate governance side of family-controlled public companies. UBS' research shows that family-owned small and midcaps have consistently outperformed their respective indices for the past decade, returning 104% in the...

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha