a sourcebook of structure, diversity, growth and downfall /
Laura K.C. Seibold, Maximilian Lantelme, Hermut Kormann.
Cham, Switzerland :
Springer,
[2019]
1 online resource
Includes bibliographical references.
Intro; Preface; Contents; About the Authors; List of Figures; List of Tables; 1: Introduction: Characterizing Family Owned Enterprises and Assessing Them on Criteria Such as Family Involvement, Size, Age ... ; 1.1 Family Enterprises: The German Pattern; 1.2 The Measurement of Longevity, Independence and Vitality; 1.3 Structure and Goals of the Collection; 1.4 Definition of Family Enterprise; 1.5 Company Size Classes: A Matter of Definition; References; 2: Literature Review on the ``Growth of Family Firms;́́ 2.1 Growth and Family Business; 2.2 Descriptive Analysis; 2.3 Thematic Analysis
2.3.1 Strategy2.3.2 Finance; 2.3.3 Specific Business Aspects; 2.3.4 Entrepreneurship; 2.3.5 Life Cycle; 2.3.6 China; 2.3.7 Family Versus Non-family Businesses; 2.3.8 Social Aspects; 2.3.9 Governance; 2.3.10 Influences Through Environment; 2.3.11 Succession; 2.3.12 Other; 2.4 Synthesis; References; 3: Structure and Age of German Family Enterprises; 3.1 Range of German Family Enterprises: From Local to Global Player; 3.1.1 The Total Range: EUR 12 Million to EUR 231 Billion; 3.1.2 More than 200 Companies Worth Billions Are Family-Owned; 3.2 Age Structure
3.2.1 The Oldest Company Is 857 Years Old3.3 Development of the Current Structure Over Centuries; References; 4: Development of the 500 Biggest Family Enterprises Since Foundation; 4.1 Growth as an Indicator of Success; 4.1.1 Determinants of Growth; 4.2 The Data; 4.2.1 Research Objectives; 4.2.2 Data Set; 4.2.3 Results of the Study; 4.2.4 Data Preparation; 4.2.5 Data Description; 4.2.6 The Long-Term Analysis; 4.3 The Methodology; 4.3.1 Compound Annual Growth Rate; 4.3.2 Data and Assumptions; 4.4 Results; 4.4.1 General Description; 4.4.2 The 25 Largest Family Businesses of the Sample
4.4.3 The 25 Smallest Family Businesses of the Sample4.4.4 Upper and Lower Limits; 4.5 Interpretation of the Results; 4.6 Further Calculations Based on the CAGR; 4.7 Conclusion; References; 5: Growth Path of Family Enterprises; 5.1 Phase Theorem; 5.2 First Generationś Willingness to Grow; 5.3 Second Generationś Developmental Needs; 5.3.1 Need; Practical Implications; 5.3.2 Options; Practical Implications; 5.3.3 Capabilities; Practical Implications; 5.3.4 Willingness; Practical Implications; 5.4 Viable Growth Path: The Seibold-Lantelme-Kormann-Formula (SLK-Formula); 5.4.1 Growth Corridor
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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.