Explanatory Videos

Data Protection for Family Businesses

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Companies are expected to provide more and more transparency today. But some of the planned disclosure requirements extend well beyond the mere exchange of information with government officials. Confidential data from companies and shareholders will no longer be adequately protected if this data is posted on the Internet. The results of several studies conducted by the Foundation for Family Businesses are summarised in the video “Data Protection for Family Businesses”.

The economic significance of family businesses

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For more than a decade now, the Foundation for Family Businesses has regularly commissioned the Centre for European Economic Research (ZEW) and the Institute for SME research and entrepreneurship in Mannheim (ifm) to conduct studies on the economic importance of German family businesses. Our short film summarises the key statistics, such as the share of the workforce and revenues accounted for by family businesses.

Germany’s family-business owners

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Whether they are taking over the family business or founding their own start-up, the next generation of Germany’s family-business owners have one key professional goal: taking on entrepreneurial responsibility. Seventy-five percent of respondents in an empirical survey conducted by the Foundation for Family Businesses and Zeppelin University Friedrichshafen are not content to be just shareholders – they also want to take on operational responsibility for the family business. A large minority of those surveyed (39 percent) consider founding their own company to be a realistic option.

Family businesses – an economic factor

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The strong economic significance of family-owned businesses in Germany is underscored by scientifically substantiated findings and data. This film summarises the key statistics, such as the share of the workforce and revenues accounted for by family businesses, their significance on the stock exchange and their equity base.

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