Development of the 500 Biggest Family Enterprises Since Foundation

  • Laura K. C. Seibold
  • Maximilian Lantelme
  • Hermut Kormann


This chapter examines the influence of firm age on the growth rates of family businesses. Based on a sample of the 500 biggest German family businesses the long-term development of each company is simulated and compound annual growth rates (CAGR) are calculated to compare the performance since the firms’ foundations. This long-term analysis indicates that family businesses can achieve growth rates independent of their age but they have to consider the impact of an aging company on the size and on other internal factors to make growth possible and secure the existence of the company over generations. Even small growth differences over years can change the company’s development tremendously with age.


Family business Development Growth Foundation Downfall 


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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Laura K. C. Seibold
    • 1
  • Maximilian Lantelme
    • 2
  • Hermut Kormann
    • 1
  1. 1.Zeppelin UniversityFriedrichshafenGermany
  2. 2.Accenture StrategyMunichGermany

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