UK Family Businesses: Industrial and Geographic Context, Governance and Performance

58 Pages Posted: 11 Feb 2012

See all articles by Louise Scholes

Louise Scholes

Loughborough University London

Nick Wilson

University of Leeds - Credit Management Research Centre; Leeds University Business School

Mike Wright

Nottingham University Business School

Hannah Noke

Nottingham University Business School

Ali Altanar

affiliation not provided to SSRN

Date Written: November 1, 2010

Abstract

This report investigates family businesses in the UK and focuses on their incidence, industrial and geographical context and their governance and performance relative to non-family businesses. The sample includes near population UK data for the period 2007 to 2009 of privately held incorporated firms (excluding listed/quoted firms) and analyses around 3 million firm-year observations. The report compares and contrasts family businesses with non-family businesses with reference to governance and performance during the current recession. Family businesses that are structured with 'family trusts/settlements' are considered as an important sub-sample of family businesses in the report. The analysis highlights important differences between family and non-family firms across a number of dimensions of governance and firm performance.

Keywords: Family, Non-Family, Governance, Performance

Suggested Citation

Scholes, Louise and Wilson, Nicholas and Wright, Mike and Noke, Hannah and Altanar, Ali, UK Family Businesses: Industrial and Geographic Context, Governance and Performance (November 1, 2010). Available at SSRN: https://ssrn.com/abstract=2002869 or http://dx.doi.org/10.2139/ssrn.2002869

Louise Scholes (Contact Author)

Loughborough University London ( email )

Here East
Queen Elizabeth Olympic Park
London, E15 2GZ
Great Britain

Nicholas Wilson

University of Leeds - Credit Management Research Centre ( email )

Leeds LS2 9JT
United Kingdom
+44 (0)113 343 4472 (Phone)

Leeds University Business School ( email )

Leeds LS2 9JT
United Kingdom
+44 (0)113 343 4472 (Phone)

Mike Wright

Nottingham University Business School ( email )

Jubilee Campus
Wollaton Road
Nottingham, NG8 1BB
United Kingdom
+44 115 951 5257 (Phone)
+44 115 951 5204 (Fax)

Hannah Noke

Nottingham University Business School ( email )

Jubilee Campus
Wollaton Road
Nottingham, NG8 1BB
United Kingdom

Ali Altanar

affiliation not provided to SSRN

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