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The Continuity and Discontinuity of the 250 Largest Enterprises in Germany : A History-Based Analysis of Family Influence, Corporate Development and Ownership Transactions / / by Maximilian Lantelme
| The Continuity and Discontinuity of the 250 Largest Enterprises in Germany : A History-Based Analysis of Family Influence, Corporate Development and Ownership Transactions / / by Maximilian Lantelme |
| Autore | Lantelme Maximilian |
| Edizione | [1st ed. 2023.] |
| Pubbl/distr/stampa | Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2023 |
| Descrizione fisica | 1 online resource (349 pages) |
| Disciplina | 658.421 |
| Collana | Familienunternehmen und KMU |
| Soggetto topico |
Entrepreneurship
New business enterprises New business enterprises - Finance Family-owned business enterprises Small business Entrepreneurial Finance Family Business Small Business |
| ISBN |
9783658423759
3658423757 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Introduction -- Literature, Underlying Concepts and Research Gaps -- Methodology and Research Questions -- History of the German Industrial Landscape between 1958 and 2018 -- Quantitative Analysis: The 250 Largest Enterprises of 1958 and 2018 -- Long-term Analysis I: The 250 Largest Enterprises of 1958 -- Long-term Analysis II: The 250 Largest Enterprises of 2018 -- Propositions for the Future Development of Enterprises. |
| Record Nr. | UNINA-9910743684003321 |
Lantelme Maximilian
|
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| Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2023 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
German family enterprises : a sourcebook of structure, growth, downfall and corporate longevity / / Maximilian Lantelme, Laura K.C. Seibold, Hermut Kormann
| German family enterprises : a sourcebook of structure, growth, downfall and corporate longevity / / Maximilian Lantelme, Laura K.C. Seibold, Hermut Kormann |
| Autore | Lantelme Maximilian |
| Edizione | [Second edition.] |
| Pubbl/distr/stampa | Cham, Switzerland : , : Springer, , [2021] |
| Descrizione fisica | 1 online resource (xxi, 202 pages) : illustrations |
| Disciplina | 338.7 |
| Soggetto topico | Family-owned business enterprises - Germany |
| ISBN | 3-030-69759-2 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Intro -- Preface of the Second Edition -- Preface of the First Edition -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1: Introduction: Characterizing Family-Owned Enterprises and Assessing Them Concerning Criteria Such as Family Involvement, Si... -- 1.1 Family Enterprises: The German Pattern -- 1.2 The Measurement of Longevity, Independence, and Vitality -- 1.3 Structure and Goals of the Collection -- 1.4 Definition of Family Enterprise -- 1.5 Company Size Classes: A Matter of Definition -- References -- 2: Structure and Age of German Family Enterprises -- 2.1 Range of German Family Enterprises: From Local to Global Player -- 2.1.1 The Total Range: EUR 12 Million to EUR 231 Billion -- 2.1.2 More than 200 Companies Worth Billions Are Family-Owned -- 2.2 Age Structure -- 2.3 Development of the Current Structure Over Centuries -- 2.4 Types of Enterprise in Germany -- 2.4.1 Industry Concentration -- 2.4.2 Corporate and Industry Developments Over Centuries -- 2.4.3 Distribution of Market Shares -- References -- 3: Development of the 500 Biggest Family Enterprises Since Foundation -- 3.1 Growth as an Indicator of Success -- 3.1.1 Determinants of Growth -- 3.2 The Data -- 3.2.1 Research Objectives -- 3.2.2 Data Set -- 3.2.3 Results of the Study -- 3.2.4 Data Preparation -- 3.2.5 Data Description -- 3.2.6 The Long-Term Analysis -- 3.3 The Methodology -- 3.3.1 Compound Annual Growth Rate -- 3.3.2 Data and Assumptions -- 3.4 Results -- 3.4.1 General Description -- 3.4.2 The 25 Largest Family Businesses of the Sample -- 3.4.3 The 25 Smallest Family Businesses of the Sample -- 3.4.4 Upper and Lower Limits -- 3.5 Interpretation of the Results -- 3.6 Further Calculations Based on the CAGR -- 3.7 Conclusion -- References -- 4: Continuous Development to Longevity -- 4.1 The Status of Analyzing Longevity.
4.1.1 Explaining Continuous Development as the Research Question -- 4.1.1.1 Misleading Conclusion on the Short Life-Expectancy of Family Enterprises -- 4.1.1.2 Continuous Development as the Norm -- 4.1.1.3 Continuous Development Can Lead to Both Large and Small Old Enterprises -- 4.1.2 Extant Research on Longevity -- 4.1.2.1 The Gap for Our Research -- 4.2 The Prerequisite of the Long-Term Orientation -- 4.2.1 Our Research Perspective: Avoiding the Downfall -- 4.2.1.1 The Misleading Doctrine of Success Factors -- 4.2.2 Short-Term Orientation -- 4.2.2.1 Shareholder Value Doctrine as Inducement to Short-Term Orientation -- 4.2.2.2 Example of Short-Termism -- 4.2.3 The Essence of Long-Term Orientation -- 4.2.3.1 The Long-Term Objectives of Family Business Owners -- 4.2.3.2 What is Long-Term Orientation Anyway? -- The Case of Special Prices -- The Special Discount for First Trial Orders -- 4.2.3.3 The Misleading Doctrine of Success Factors -- 4.2.4 The Prerequisites of Longevity -- 4.2.4.1 Prerequisites Qualifying for the Long Run -- 4.2.4.2 The Prerequisites on Two Levels: Enterprise and Business -- 4.2.5 Comparing Success Factor Strategy and Prerequisites-Based Strategy -- Long Term Orientation -- 4.3 The Prerequisites of Longevity for a Business -- 4.3.1 The Level of Businesses and Its Industry -- 4.3.1.1 ``Business´´ as ``Strategic Business Unit´´ -- 4.3.1.2 The Sustainable Industry -- 4.3.2 The Sustainable Business Model -- 4.3.2.1 Value Creation -- 4.3.2.2 Multitude of Options -- 4.3.2.3 Conclusion -- 4.3.3 The Prerequisite of Profitable Performance -- 4.3.3.1 Profit is the Effect of Performance -- 4.3.3.2 The Mental Models -- 4.3.3.3 Quality is the Most Important and Most Rewarding KPI -- 4.3.3.4 The Pricing-Based Profitability -- 4.3.3.5 The Volume-Based Productivity -- 4.3.3.6 The Engineering- and Manufacturing-Based Productivity. 4.3.3.7 The Productivity in Reducing Capital-Intensity -- 4.3.3.8 The Employee-Focused Productivity -- 4.3.3.9 The Low-Cost-Based Productivity and Its Risks -- 4.3.4 The Prerequisite of Manageable Growth -- 4.3.5 Implementation Strategies for Renewal and Development -- 4.3.5.1 The Innovation Requirement -- 4.3.6 The Capital Investment Strategy of Any Development -- 4.3.6.1 The Capital Investment Requirement -- 4.3.6.2 The Timeless Relevance -- 4.3.6.3 Phase-Specific Strategies -- 4.3.7 Conclusion -- 4.3.7.1 Other Functional Strategies -- 4.3.8 Conclusion -- 4.4 The Prerequisites of Longevity for Family-Owned Enterprises -- 4.4.1 The Relevance of the Enterprise´s Longevity -- 4.4.2 The Macroeconomic Viability and the Political Support of Family-Owned Enterprises -- 4.4.2.1 The Viable Environment: Opportunities and Threats and Force Majeure -- 4.4.2.2 Support or Hindrances -- 4.4.3 Financial Stability Based on Consolidated Profitability -- 4.4.3.1 The Level of Reasonable Profits -- 4.4.3.2 The Functions of Profits -- 4.4.3.3 The Requirement of Consolidated Profitability -- 4.4.3.4 The Requirement of a Solid Profit Source -- 4.4.3.5 The Requirement of Limited Profit Distribution -- 4.4.3.6 The Risk of Cumulation of Extraordinary Losses and Weakness in the Base Business -- 4.4.4 The Sustainability of the Owners´ Group and Their Influence on Strategy -- 4.4.4.1 The Sustainability of the Owners´ Group -- 4.4.4.2 Cohesion Factors as per Pieper and the Socioemotional Wealth Theory -- 4.4.4.3 High or Low Separation Hurdles -- 4.4.4.4 Maintaining the Families´ Independence -- 4.4.5 Long-Term Oriented and Competent Strategic Management -- 4.4.5.1 The Directive of Long-Term Orientation -- 4.4.5.2 The Competence Based on Long Tenures -- Examples -- 4.4.6 Avoidance of Existence-Threatening Hazards -- 4.4.6.1 Existence-Threatening Hazards. 4.4.6.2 The Continuous Deterioration -- 4.4.6.3 The Epic Mistake -- 4.4.6.4 Compliance and Environmental Protection -- 4.4.6.5 The Accidents -- 4.4.7 Some Specific Features of the Longevity of German Family Enterprises -- 4.4.8 Conclusion -- 4.4.8.1 The Many Factors Which Are Relevant for Any Enterprise -- 4.4.8.2 Family Business Management is Management Plus -- 4.4.8.3 Longevity and Age -- References -- 5: The Issue of Required Growth: A Literature Review -- 5.1 Growth and Family Business -- 5.2 Descriptive Analysis -- 5.3 Thematic Analysis -- 5.3.1 Strategy -- 5.3.2 Finance -- 5.3.3 Specific Business Aspects -- 5.3.4 Entrepreneurship -- 5.3.5 Life Cycle -- 5.3.6 China -- 5.3.7 Family Versus Nonfamily Businesses -- 5.3.8 Social Aspects -- 5.3.9 Governance -- 5.3.10 Influences Through Environment -- 5.3.11 Succession -- 5.3.12 Other -- 5.4 Synthesis -- References -- 6: Requirements for Mature Growth -- 6.1 Phase Theorem -- 6.2 First Generation´s Willingness to Grow -- 6.3 Second Generation´s Developmental Needs -- 6.3.1 Need -- 6.3.2 Options -- 6.3.3 Capabilities -- 6.3.4 Willingness -- 6.4 Viable Growth Path: The Seibold-Lantelme-Kormann-Formula (SLK-Formula) -- 6.5 The Growth of Family Businesses in the Third and Following Generations -- 6.5.1 The Crucial Role of the Will and Its Implications -- 6.5.2 Independence -- 6.5.3 Evolutionary Growth Path -- 6.5.4 The Noncritical Role of Growth Financing and Its Implications -- 6.5.5 Implications of the Results for Family Members -- 6.5.5.1 Socialization -- 6.5.5.2 Succession -- 6.5.5.3 Provision of Internal Independence -- 6.6 Conclusion -- References -- 7: Critical Disruptions in the Development -- 7.1 The Hazards to Development -- 7.1.1 Extant Research -- 7.1.2 Intended Contribution -- 7.2 The Two Perspectives: Form and Origin of Disruptive Development. 7.3 Form of Disruptions with Continuation of the Enterprise -- 7.3.1 Relevance and Overview -- 7.3.2 Crisis and Survival -- 7.3.3 Concentration of Activities to a Defendable Position -- 7.3.4 Change of Portfolio -- 7.3.5 Exit of Shareholders -- 7.4 Form of Disruptions with Mergers of Family Enterprises -- 7.5 Form of Disruptions with Disappearance of the Family Enterprise -- 7.5.1 Relevance and Overview -- 7.5.2 Lantelme and Frericks´ Research on Downfall of Companies -- 7.6 Origins of Environment-Induced Disruptions -- 7.6.1 Relevance and Overview -- 7.6.2 Disruptions Induced by Recession -- 7.6.3 Disruptions Induced by Macroeconomic Changes -- 7.6.4 Technology Substitution and Industry Downfall -- 7.6.5 Force Majeure -- 7.7 Origins of Business-Induced Disruptions -- 7.7.1 Relevance and Overview -- 7.7.2 Disruptions in the Founding Generation -- 7.7.3 Disruption During the Transition Phase -- 7.7.4 Business-Induced Disruptions in the Mature Phase -- 7.7.5 Disruptions Caused by Industry Characteristics -- 7.7.6 Disruptions Caused by ``Liability of Aging´´ and ``Rigidity´´ -- 7.7.7 Disruptions Caused by Damages and Loss of Market -- 7.8 Origins of Management-Induced Disruptions -- 7.8.1 Relevance and Overview -- 7.8.2 Disruptions Caused by Derailed Attitudes -- 7.8.3 Disruptions Caused by Big Mistakes -- 7.8.4 Disruptions Caused by Irresponsibility -- 7.8.5 Disruptions Caused by Illegal Actions -- 7.9 Origins of Owner-Induced Disruptions -- 7.9.1 Relevance and Overview -- 7.9.2 Relevant Extant Research -- 7.9.3 Founding- or Single-Owner-Induced Disruptions -- 7.9.4 Transition -- 7.9.5 Multi-Owner-Induced Disruptions -- 7.9.6 Separation Factors -- 7.9.7 High or Low Separation Hurdles -- 7.9.8 The Concept of Interlocking Factors Supporting or Reducing Cohesion -- 7.10 The Summary of Empirical Incidence on Root Causes -- 7.10.1 The Basis of the Research. 7.10.2 The Business- and Management-Induced Causes. |
| Record Nr. | UNINA-9910483339403321 |
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Lantelme Maximilian
|
||
| Cham, Switzerland : , : Springer, , [2021] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The Rise and Downfall of Germany’s Largest Family and Non-Family Businesses : A Historical Study and Strategic Analysis from 1971 to 2011 / / by Maximilian Lantelme
| The Rise and Downfall of Germany’s Largest Family and Non-Family Businesses : A Historical Study and Strategic Analysis from 1971 to 2011 / / by Maximilian Lantelme |
| Autore | Lantelme Maximilian |
| Edizione | [1st ed. 2017.] |
| Pubbl/distr/stampa | Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2017 |
| Descrizione fisica | 1 online resource (XI, 124 p. 4 illus.) |
| Disciplina | 658.4092 |
| Collana | BestMasters |
| Soggetto topico |
Leadership
Organization Planning Business Strategy/Leadership |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Corporate Strategy: Growth Paths and Reasons for Downfall -- Characteristics of Family and Non-Family Businesses -- The Development of Large Family and Non-Family Businesses in Germany (1971-2011). |
| Record Nr. | UNINA-9910148849303321 |
|
Lantelme Maximilian
|
||
| Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2017 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||