Börsennotierte Familienunternehmen wirtschaften nachhaltiger und erfolgreicher als Nicht-Familienunternehmen. Dies zeigt sich an einem annähernd doppelt so hohen jährlichen Beschäftigungszuwachs und einem höheren Umsatz bei familiengeführten Unternehmen. Dabei gilt: Je höher der...

Börsennotierte Familienunternehmen wirtschaften nachhaltiger und erfolgreicher als Nicht-Familienunternehmen. Dies zeigt sich an einem annähernd doppelt so hohen jährlichen Beschäftigungszuwachs und einem höheren Umsatz bei familiengeführten Unternehmen. Dabei gilt: Je höher der...

As most other countries, Germany also faces dramatic regional differences in terms of socioeconomic development. One important driver of such development is the existence of a healthy entrepreneurial activity and the creation of new companies. We argue that venture capital (VC) and especially...

Goal structures in family firms seems of particular interest to the field as the overall orientation and the objectives of family firms are determined in an area of potential conflict between the two subsystems of firm and family. We asked shareholders of German family firms to rate the...

We apply control rights theory to explain the structure and determinants of financial covenants in private equity backed leveraged buyouts. We analyze 130 German transactions from 2000 to 2008, covering about 40 percent of the LBO market during this period. We consider Germany to be a superior...

Goal structures in family firms seems of particular interest to the field as the overall orientation and the objectives of family firms are determined in an area of potential conflict between the two subsystems of firm and family. We asked shareholders of German family firms to rate the...

As most other countries, Germany also faces dramatic regional differences in terms of socioeconomic development. One important driver of such development is the existence of a healthy entrepreneurial activity and the creation of new companies. We argue that venture capital (VC) and especially...

We apply control rights theory to explain the structure and determinants of financial covenants in private equity backed leveraged buyouts. We analyze 130 German transactions from 2000 to 2008, covering about 40 percent of the LBO market during this period. We consider Germany to be a superior...