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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Continuity and Discontinuity of the 250 Largest Enterprises in Germany: A History-Based Analysis of Family Influence, Corporate Development and Ow

The Continuity and Discontinuity of the 250 Largest Enterprises in Germany: A History-Based Analysis of Family Influence, Corporate Development and Ow

Lantelme, Maximilian

Paperback

Series: Familienunternehmen Und Kmu

Business GeneralInvesting & FinanceManagement

ISBN10: 3658423749
ISBN13: 9783658423742
Publisher: Springer Gabler
Published: Aug 31 2023
Pages: 334
Weight: 0.95
Height: 0.75 Width: 5.83 Depth: 8.27
Language: English

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.

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