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June 6, 2013

More than a quarter of US family businesses questioned in a Deloitte survey do not have a board of directors, and of those that do, the majority lack diversity in terms of non-executives, non-family members and female representation.

More than a quarter of US family businesses questioned in a Deloitte survey do not have a board of directors, and of those that do, the majority lack diversity in terms of non-executives, non-family members and female representation.

The report, Perspectives on Family-Owned Businesses, also found succession planning was a large area of inactivity when it came to governance of family businesses.

June 5, 2013

Employees in UK-based family businesses are happier than those of non-family firms, research from the Institute for Family Business has found, and this human capital could be giving family businesses a competitive advantage.

 

Employees in UK-based family businesses are happier than those of non-family firms, research from the Institute for Family Business has found, and this human capital could be giving family businesses a competitive advantage.

May 23, 2013

Family businesses are less likely to fail than their non-family counterparts due to low turnover and higher diversity on their boards of directors, a new study published by business schools at three British universities has revealed.

Family businesses are less likely to fail than their non-family counterparts due to low turnover and higher diversity on their boards of directors, a new study published by business schools at three British universities has revealed.

The research found 80% of family businesses have at least one female director, which had a positive impact on business success as more diverse boards were found to produce less conflict.

May 17, 2013

The increasing role of women in executive roles is being heralded as one of the contributing factors to family business success in the Middle East.

The increasing role of women in executive roles is being heralded as one of the contributing factors to family business success in the Middle East, with new PwC figures revealing family businesses in the region are outperforming family businesses globally.

The Global and Middle East Family Business Survey 2012 also said Middle Eastern family businesses had been less affected than their international counterparts by the ongoing global economic situation.

April 12, 2013

The rich aren’t idle and when they aren’t thinking about work, they’re thinking about health, according to two new surveys.

The rich aren’t idle and when they aren’t thinking about work, they’re thinking about health, according to two new surveys.

Contrary to popular perception the rich aren’t idle, indeed the richer you are the busier you are, found a survey by Ledbury Research, a London-based consultancy.

April 3, 2013

Almost half of wealthy next-gens think that campaigning for social change is as important as making money, new research has found.

Almost half of wealthy next-gens think that campaigning for social change is as important as making money, new research has found.

March 28, 2013

First-generation wealth still dominates fortunes in emerging markets, meaning that companies started by entrepreneurs in these regions haven’t yet established recognisable global brands.

First-generation wealth still dominates fortunes in emerging markets, meaning that companies started by entrepreneurs in these regions haven’t yet established recognisable global brands.

These are among the main findings of a new study by Forbes Insights and Societe Generale Private Banking, which found the majority – 78% – of emerging-market fortunes were first-generation and came from entrepreneurial ventures. Only 20% of those surveyed had inherited their wealth.

March 4, 2013

Nepotism might have a terrible reputation, but it isn’t always bad for a family business, according to new research. 

Nepotism might have a terrible reputation, but it isn’t always bad for a family business, according to new research.

The conceptual study, published in the March issue of the journal Family Business Review, argued businesses that rely heavily on tacit knowledge could benefit from a particular type of nepotism – dubbed “reciprocal nepotism” by the researchers.

February 15, 2013

Australia’s huge family business sector is being advised to hire more external board members, following a new partnership between lobby group Family Business Australia and consultants AMPLIFi Governance.

Australia’s huge family business sector is being advised to hire more external board members, following a new partnership between lobby group Family Business Australia and consultants AMPLIFi Governance.

Under the plans, FBA's 2,500 registered businesses will be offered help to find non-executive board members by AMPLIFi.

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