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July 25, 2014

The UK public is more than twice as likely to trust a company if it is family owned than if it is publicly listed, new research from the Institute for Family Business (IFB) reveals.

The UK public is more than twice as likely to trust a company if it is family owned than if it is publicly listed, new research from the Institute for Family Business (IFB) reveals.

A poll, conducted by international market research firm YouGov for the family business organisation, found 55% of the population thinks family ownership is important to business trustworthiness. Only 26% thought this for public companies.

July 1, 2014

A UK family business expert has called into question findings from a Barclays survey that claims to shed light on relatives' relationships in a family business.

A UK family business expert has called into question findings from a Barclays survey that claims to shed light on relatives' relationships in a family business.

The study, Second Generation Family SMEs in the UK, asked 2,003 members of the British public whether they would hire a family member when setting up a business.

According to the study, 23% of the British public would prefer to work with siblings, followed by fathers at 9% and mothers at 7%.

April 15, 2014

The generational gap between baby boomers and millennials involved in family businesses is widening due to megatrends such as climate change and new technologies, according to a PwC survey that assesses next gens’ attitudes to the family business.

The generational gap between baby boomers and millennials involved in family businesses is widening due to megatrends such as climate change and new technologies, according to a PwC survey that assesses next gens’ attitudes to the family business.

November 18, 2011

Family businesses in the UK are less likely to go bust than their non-family counterparts, according to new research. Entitled UK family businesses: industrial and geographical context, governance and performance, the report found that family firms have lower rates of insolvency than non-family owned businesses.

Family businesses in the UK are less likely to go bust than their non-family counterparts, according to new research.

Entitled UK family businesses: industrial and geographical context, governance and performance, the report found that family firms – be it small, medium or large – have lower rates of insolvency than non-family owned businesses.

September 20, 2011

The majority of top managers and family business owners think that the nature of family firms helps them survive economic downturns, but they also believe that absence of meritocracy and rivalry among family members can affect commercial success.

The majority of top managers and family business owners think that the nature of family firms helps them survive economic downturns, but they also believe that absence of meritocracy and rivalry among family members can affect commercial success.

These are the findings of a survey among 720 family business owners and executives from the Americas, Asia-Pacific and Europe by executive search firm Egon Zehnder International.

August 18, 2011

Family business owners looking to pass on the business to the next-generation are concerned about their ability to handle operations, according to research by Family Business Australia and KPMG.

Family business owners looking to pass on the business to the next-generation are concerned about their ability to handle operations, according to research by Family Business Australia and KPMG.

The report, which surveyed around 700 family businesses in Australia, found almost 60% willing to sell the company if approached by a genuine buyer due to concerns about their successor’s capabilities and qualities to take over the helm.

August 9, 2011

HSBC manages more assets of family offices than any other bank in the world, according to a survey by Bloomberg Markets magazine. The survey, which ranks the top 50 banks which manage family office money and commercial multi family offices, found HSBC’s private wealth solutions group to be the biggest, with assets under management of $102 billion.

HSBC manages more assets of family offices than any other bank in the world, according to a survey by Bloomberg Markets magazine.

The survey, which ranks the top 50 banks which manage family office money and commercial multi family offices, found HSBC’s private wealth solutions group to be the biggest, with assets under management of $102 billion. New York-based Bessemer Trust was ranked second, with more than $44 billion under management.

July 28, 2011

Entrepreneurs around the world have seen buoyant growth in their profits, adding more employees to their firms, according to new research.

Entrepreneurs around the world have seen buoyant growth in their profits, adding more employees to their firms, according to new research.

The Global Entrepreneur Indicator, which surveyed 1,200 entrepreneurs worldwide, found that almost 60% of them have increased their workforce, up from 42% a year ago. Entrepreneurs have also seen a rise in profits in the six months before the end of May – 60% said their profits rose.

July 22, 2011

The family business model consistently is shown to wipe the floor with rival methods of ownership. The latest has come booming out with the compelling headline in the UK Times newspaper that "Happiest employees are those who can say they are part of the family."

There a huge appetite for studies that compare the performance of family-owned businesses to those that plump for alternative stake holding models. There’s a good reason why: the family business model consistently is shown to wipe the floor with rival methods of ownership. The latest has come booming out with the compelling headline in the UK Times newspaper that "Happiest employees are those who can say they are part of the family."

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