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About this book
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.
Keywords
Table of contents (9 chapters)
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Front Matter
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Back Matter
Authors and Affiliations
About the author
Maximilian Lantelme studied corporate management and economics at Zeppelin University. He works as a strategy consultant in the field of mergers and acquisitions for an international management consulting firm.
Bibliographic Information
Book Title: The Continuity and Discontinuity of the 250 Largest Enterprises in Germany
Book Subtitle: A History-Based Analysis of Family Influence, Corporate Development and Ownership Transactions
Authors: Maximilian Lantelme
Series Title: Familienunternehmen und KMU
DOI: https://doi.org/10.1007/978-3-658-42375-9
Publisher: Springer Gabler Wiesbaden
eBook Packages: Business and Economics (German Language)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 2023
Softcover ISBN: 978-3-658-42374-2Published: 31 August 2023
eBook ISBN: 978-3-658-42375-9Published: 30 August 2023
Series ISSN: 2520-1174
Series E-ISSN: 2520-1182
Edition Number: 1
Number of Pages: XXIII, 334
Number of Illustrations: 21 b/w illustrations
Topics: Entrepreneurship, Family Business, Small Business, Small Business