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Family firms are often associated with the notion of greater stability. The goal of this article is to explore the differences in privately held family and nonfamily firms in various types of stability, including stability in the number of employees, revenue, earnings and assets. Using multiple linear regression analysis in a sample of 384 family and 1 795 nonfamily firms from the Czech Republic, we found that family firms tend to be more stable in terms of revenue and number of employees, butdoi:10.5771/0949-6181-2019-4-566 fatcat:werdsda75jgftcali442jdw6me