The Rise and Downfall of Germany’s Largest Family and Non-Family Businesses

The Rise and Downfall of Germany’s Largest Family and Non-Family Businesses PDF Author: Maximilian Lantelme
Publisher: Springer
ISBN: 3658161698
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
Maximilian Lantelme examines the historical growth and decline developments of large German family and non-family businesses between 1971 and 2011. Based on a sample of the 143 largest German companies in 1971 and in 2011, the author investigates the long-term development of each company and calculates compound annual growth rates (CAGR) to compare the developments of total sales and of the number of employees between the enterprises with the overall development of the German economy. Additionally, he presents the exit rates as well as the reasons for the downfalls of the different types of companies. The results show a superior development of family businesses especially compared to non-family businesses due to lower exit and higher growth rates. The strategic implications are that family businesses should achieve a certain corridor of growth in the long-term to secure the company’s existence over generations.

The Rise and Downfall of Germany’s Largest Family and Non-Family Businesses

The Rise and Downfall of Germany’s Largest Family and Non-Family Businesses PDF Author: Maximilian Lantelme
Publisher: Springer
ISBN: 3658161698
Category : Business & Economics
Languages : en
Pages : 124

Get Book

Book Description
Maximilian Lantelme examines the historical growth and decline developments of large German family and non-family businesses between 1971 and 2011. Based on a sample of the 143 largest German companies in 1971 and in 2011, the author investigates the long-term development of each company and calculates compound annual growth rates (CAGR) to compare the developments of total sales and of the number of employees between the enterprises with the overall development of the German economy. Additionally, he presents the exit rates as well as the reasons for the downfalls of the different types of companies. The results show a superior development of family businesses especially compared to non-family businesses due to lower exit and higher growth rates. The strategic implications are that family businesses should achieve a certain corridor of growth in the long-term to secure the company’s existence over generations.

German Family Enterprises

German Family Enterprises PDF Author: Laura K.C. Seibold
Publisher: Springer
ISBN: 3030041018
Category : Business & Economics
Languages : en
Pages : 142

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Book Description
This professional guide presents an extensive overview of the German family enterprise landscape, with a special focus on its structure and diversity. Drawing on several scientific studies conducted by the authors, its goal is to provide a detailed assessment of the development of German family enterprises. Analyzing data from over 500 family firms, it offers a valuable reference guide for market research and academic research on family-owned enterprises. A unique factor: the authors’ revealing insights into the decline of family firms.

German Family Enterprises

German Family Enterprises PDF Author: Maximilian Lantelme
Publisher: Springer Nature
ISBN: 3030697592
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
The second edition of this professional guide presents an extended overview of the German family enterprise landscape including its structure and industry distribution. Its goal is to provide a detailed assessment of the development of German family enterprises. Based on several new scientific studies conducted by the authors, the prerequisits of corporate longevity and mature growth are investigated in detail. Analyzing data from over 500 family firms, the book offers a valuable reference guide for market research and academic research on family-owned enterprises. A unique factor: the authors’ revealing insights into the decline of family firms.

Family Businesses’ Growth

Family Businesses’ Growth PDF Author: Laura K.C. Seibold
Publisher: Springer Nature
ISBN: 3658293969
Category : Business & Economics
Languages : en
Pages : 387

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Book Description
Growth is one of the central strategic topics in management science. A growing enterprise embodies success and growth supports the longevity of the business. In her book Laura Seibold provides an overview of the literature on general growth components and different theoretical growth models with a special focus on family enterprises. The author formulates a comprehensive model of how growth can be achieved in family firms. This derived model combines the insights from general growth theory, family specific literature and the insights of top family firm leaders.

The Continuity and Discontinuity of the 250 Largest Enterprises in Germany

The Continuity and Discontinuity of the 250 Largest Enterprises in Germany PDF Author: Maximilian Lantelme
Publisher: Springer Nature
ISBN: 3658423757
Category : Business & Economics
Languages : en
Pages : 349

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Book Description
This book studies the long-term development of the 250 largest family and non-family enterprises in Germany between 1958 and 2018. In particular, the continuities and discontinuities of the companies’ ownership structure, operations and solvency are examined. Historical methods are used to advance the understanding of the attributed long-term orientation of family firms in family business research. The collected data of the 250 largest enterprises of 1958 provide the most comprehensive historical overview of the industrial landscape of this period. The long-term analyses show that more than half of the companies fail and less than a quarter keeps their ownership structure in the observation period of 60 years. In this timeframe, family-owned businesses have relatively stable ownership structures and superior survival rates compared to public companies although the latter experience higher growth rates. A listing of a family firm leads to the discontinuity of the family’s majority ownership in the mid- to long-term. Furthermore, company types like foundation-owned enterprises and foreign subsidiaries show even higher survival rates. The book closes with practical implications based on the identified development patterns of the surviving and failed enterprises.

Topics of Family Business Governance

Topics of Family Business Governance PDF Author: Hermut Kormann
Publisher: Springer Nature
ISBN: 3030580199
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
This book focuses on the role of the board in family businesses and specifically on processes and topics of strategic importance. It comprises all the relevant topics which need to be addressed on a regular basis such as strategy development, financial management, and leadership. The pros and cons of each issue are elaborated. This is one of the few books which addresses family businesses from governance systems to the role of executives. The diverse set of examples carefully collected by the authors and an in-depth discussion on the topics provide readers with valuable insights to broaden and enrich the effectiveness of governance.

Publicly Traded Family Businesses

Publicly Traded Family Businesses PDF Author: Kirsten Stotmeister
Publisher: Springer Nature
ISBN: 3658443030
Category :
Languages : en
Pages : 240

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Book Description


Downfall of Large German Listed Companies

Downfall of Large German Listed Companies PDF Author: Sebastian Frericks
Publisher: Springer
ISBN: 3658249994
Category : Business & Economics
Languages : en
Pages : 105

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Book Description
Sebastian Frericks examines, based on a qualitative content analysis, the factors that lead large German listed companies to downfall. He finds factors and motives uncaredfor as well as new interrelations between variables that can be used to develop a future-looking risk sensitivity based on a going-concern-principle. Therefore, he first works out latent factors that are primarily responsible for not preventing a firm from losing its independency. In a second step the motives of sellers in a company sale process are examined. Within the following comprehensive cross-study, the author presents relations between motives, factors, field of business and type of downfall. The results provide new insights for any organization to address the probabilities of failure and downfall and to think beyond about securing the company's existence.

Family Firms and Family Constitution

Family Firms and Family Constitution PDF Author: Holger Fleischer
Publisher: Emerald Group Publishing
ISBN: 1837972001
Category : Business & Economics
Languages : en
Pages : 284

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Book Description
The ebook edition of this title is Open Access and freely available to read online. Family Firms and Family Constitution delves deeply into topics as diverse as ownership, succession, governance, justice and more, all from a managerial and legal perspective from around the world.

The Family Business

The Family Business PDF Author: Fred Neubauer
Publisher: Springer
ISBN: 1349144657
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
The family business has a far reaching influence on economies throughout the world. No other type of business has driven economic development in the same way and today, in almost all countries, family businesses including such giants as Ford, Levi Strauss, L'Oréal and Ferrero are the source of more than half of the Gross National Product (GNP) and employment. As a result of their prominence the question of how they are governed, controlled and accounted for is crucial not only for the owning families, but also for the societies in which these companies operate. The Family Business considers: · How to define a family-controlled business and the significance of this form of privately-held enterprise. · Governance systems in the context of the family business. · How a board of outsiders can add value to the typical family business. · How to handle the classical tensions between family and board and between family and management on the other. · How to gain effective and efficient control at the highest level. The answer to these questions and others is given by providing a large number of examples of internationally active family businesses and from the authors teaching and research into this area. Sustainability is the key concern to the family business and this book breaks new ground in showing how they can successfully live on to the next generation.