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Introduction

  • Oliver Klöckner

Family businesses are a wide-spread phenomenon of significant economic importance. According to the two most recent studies, between 84.0% and 95.1% of all companies in Germany are family businesses. The Institut fÜr Mittelstandsforschung (IfM) has estimated that there are 3.0 million family businesses in Germany (95.1% of all registered companies), employing 13.4 million individuals (57.3% of employees subject to social insurance) and contributing € 1.9 trillion (41.5%) to total sales of all German companies. A comparison with other countries shows that the importance of family businesses in Germany is no exception.

Keywords

Corporate Governance Managerial Control Family Firm Family Business Family Owner 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Gabler | GWV Fachverlage GmbH 2009

Authors and Affiliations

  • Oliver Klöckner

There are no affiliations available

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