German Family Enterprises A Sourcebook of Structure, Diversity, Grow
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 assess
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rman Family Enterprises A Sourcebook of Structure, Diversity, Growth and Downfall
German Family Enterprises
Laura K. C. Seibold • Maximilian Lantelme • Hermut Kormann
German Family Enterprises A Sourcebook of Structure, Diversity, Growth and Downfall
Laura K. C. Seibold Zeppelin University Friedrichshafen, Germany
Maximilian Lantelme Accenture Strategy Munich, Germany
Hermut Kormann Zeppelin University Friedrichshafen, Germany
ISBN 978-3-030-04100-7 ISBN 978-3-030-04101-4 https://doi.org/10.1007/978-3-030-04101-4
(eBook)
Library of Congress Control Number: 2018964417 # Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
The structure of German family businesses is unique. Family firms are found in every size class and industry from the three-employee bakery around the corner to multinational companies such as Henkel and Merck with more than 50,000 employees still owned and governed by the family. It is interesting how the structure of German family enterprises has developed over the decades and how it could sustain. This work presents the essence of different thesis and research projects in the field of family business done at Zeppelin University and the University of Leipzig. The book offers a unique database of the development of German family businesses. This database comprises the age structure, size classes, employee data, and growth rates of the 500 biggest German family companies since foundation. A comparison with German listed companies emphasizes the relative importance of family business for the economy. The book explores the dominant influence leading to the two extreme cases of development: growth and downfall. The demanding challenge i
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