Board Ownership and its Effect on Stock Returns

Abstract

This study investigates the relationship between board ownership and firm performance among Large Cap firms listed on Nasdaq Stockholm to help investors make informed decisions. Using Ordinary Least Squares (OLS) regression and controlling for firm-specific factors, the research aims to determine if significant board ownership correlates with higher annual returns. To avoid disruptions caused by the COVID-19 pandemic, the study focuses on the period from 2015 to 2019.