Press releases

The Board of Trustees of the Foundation for Family Businesses has elected Dr Ulrich Stoll to the Executive Board. A family business owner himself, he will focus on expanding the foundation’s international activities. “In my view, one of my responsibilities is to strongly position the foundation as a leading expert in the area of family companies, including on the international stage,” Stoll says. The non-profit Foundation for Family Businesses is already the largest promoter of research on family companies.

German companies are asking the European Union to improve business conditions in the economic region. Eighty-six percent of the survey respondents from a representative sample of companies comprising all size classes and industries stated that the EU needed to do more to boost the EU’s global competitiveness. That figure even rises to more than 95 percent among Germany’s 500 largest family businesses. New communitised sources of money and social transfers are met with scepticism among German companies.

Family businesses are the job engines of the German economy: in recent years they have created more jobs than those DAX companies with dispersed ownership. This is one of the conclusions drawn in the fifth edition of the study series “The economic significance of family businesses”. Between 2007 and 2016, Germany’s 500 largest family businesses expanded their employment in Germany by 23 percent to 2.54 million people. In contrast, the 27 DAX companies that are not family businesses were only able to increase employment by 4 percent – to 1.55 million. Measured in revenue as well, the top 500 family businesses outpaced the 27 DAX companies, increasing their group-wide sales by 36 percent between 2007 and 2016. The 27 DAX companies increased their sales by only 29 percent.

Listed family companies conduct business in a more stable and successful manner than non-family companies – and this positive performance increases with the family’s influence on the business. This was the finding of a study conducted on behalf of the Foundation for Family Businesses: “Börsennotierte Familienunternehmen in Deutschland” (“Listed Family Businesses in Germany”) was produced by the Center for Entrepreneurial and Financial Studies at the Technical University (TU) of Munich under the direction of Prof. Dr Dr Ann-Kristin Achleitner, Prof. Dr Reiner Braun and Prof. Dr Christoph Kaserer.

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".

Family businesses and their shareholders are subject to increasingly stronger social control through the continuously growing number of disclosure requirements. At the same time, many of these regulations infringe unjustifiably upon the data protection rights of family business owners. This is one key result of the first extensive study on the topic commissioned by the Foundation for Family Businesses.

The main reasons for Germany’s slide from twelfth to sixteenth place is a significant loss of tax competitiveness. This is one of the results of the the Country Index for Family Businesses, which evaluates Germany’s attractiveness as a location. The current rankings are led by Switzerland, followed by the United Kingdom and the United States. France, Spain and Italy are at the bottom of the rankings – all of them unchanged from the comparative calculation for the Country Index 2016.

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 explanation video summarises the key statistics.