About The Family Advantage 2020 report
Family Advantage 2020 updates and enriches the 2018 edition of the
report. It presents the NBC Canadian Family Index calculated by
S&P Dow Jones Indices, which tracks and measures the performance
of Canadian companies controlled by families relative to the
S&P/TSX Composite Index, the main index of the stock market. The
Family Index includes 38 family-owned Canadian companies in
different sectors across the country (see the full list of companies
included in the Appendix) and is based on the application of
objective quantitative criteria to an index universe provided by
S&P Dow Jones Indices, the Index calculator.
In the NBC Canadian
Family Index, a company is considered to be family-controlled if the
founding family or founder(s) directly or indirectly hold at least
10% of the company’s voting rights or, alternatively, if
individual(s) and/or related entities hold at least 33.3% of the
company’s voting rights (for more information, please see our
website here .)
Vincent Joli-Coeur, Stephanie Larivière and Philippe Lefebvre
Duquette from National Bank of Canada alongside academic contributor
Dr. Karl Moore of McGill University and Oxford University are the
co-authors and coordinators of this report.
About National Bank of Canada
With $322 billion
in assets as at July 31, 2020, National Bank of Canada , together
with its subsidiaries, forms one of Canada's leading integrated
financial groups. It has more than 26,000 employees in
knowledge-intensive positions and has been recognized numerous times
as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via social media such as
Facebook, LinkedIn and Twitter.