The need to formalise family business rules and implement a governance structure typically reaches an elevated status when the founder of the business relinquishes day-to-day control and the organisation transitions across generations …
Why then do experts say that it’s important to have non-family members in leadership positions or sitting on the board of a family-run organisation? What vital role can they play in ensuring good governance?
In The European Family Business Barometer: Sustaining future growth, we announced the release of the Family Business Barometer, a collaboration between European Family Businesses (EFB) and KPMG. The Barometer gauges the confidence levels of family-owned businesses across Europe, and revealed that family businesses are optimistic despite the slow growth in Europe.
European Family Businesses (EFB) and KPMG have joined forces to create a unique Barometer to measure the confidence levels of the members of European Family Businesses, and the opportunities and challenges impacting on their operations in the short, medium, and long term.
Implementing a Family Constitution needs to be approached sensitively and strategically, but many family companies are reluctant to address governance structures, as there are often conflicting dynamics which are at odds with the characteristics and desires of individual family members …
Thierry Mulliez shares his thoughts on governance in family business and how family businesses keep shareholders actively involved in the long-term …
Family businesses are a source of wealth for the economy. They generally have a long-term focus and demonstrate excellent resiliency in the face of economic crises, compared with traditional companies. In addition, they are often integrated into the local economic fabric and contribute to economic growth.
KPMG’s Global Family Business Centre of Excellence is excited to announce the launch of the KPMG Family Business Think Tank. Watch the video below, featuring Family Business leaders and KPMG partners sharing their thoughts …
If you own a family business, a succession plan might not be high on your priority list or you might think that you don’t need to worry about the future right now. However, as the old saying goes: those that fail to plan, plan to fail.
Like it or not, there comes a time in all family businesses when tough decisions will need to be made regarding the ownership and control of the business. It’s important to create a thorough estate plan for the transfer of wealth to your heirs and a succession plan for your business, particularly if your children are involved in it.
KPMG Family Business Think Tank
Reports & Surveys
KPMG Global News
Despite the increasing concern for talent issues, new research findings from KPMG International reve [...]
KPMG hosted its 3rd Annual Gulf Cooperation Council (GCC) Energy Conference titled "Unconventio [...]
KPMG welcomes the IASB's new hedge accounting standard, which will result in a closer alignment [...]