Ifm study on family businesses

In the past decade, German family businesses have created significantly more new jobs than Dax companies.

A study, conducted by the ifm of the University of Mannheim, shows the importance of family businesses at regard of the creation of jobs in Germany. The study was commissioned by the Stiftung Familienunternehmen (Foundation for Family Business) in Munich.

Within the last 10 years (2011–2020), Germany's 26 largest family businesses have created 837,000 new jobs worldwide while the 26 largest Dax companies created in the meantime only 390.000. The difference is even bigger regarding the number of jobs created in Germany. Around 32% of the jobs created by the family businesses were jobs on the domestic market (around 267.000 jobs), compared with only around 12% for the Dax companies (around 48.000 jobs).

The Schwarz Group, owner of the Lidl and Kaufland supermarket chains, created the most jobs with 190,000. It was followed by Volkswagen (160,000), Bosch (92,000) and the Aldi Group (84,000).

Click here for the whole article in the Manager Magazin (in German)–66f1–41bd-a1ed-d31b0b0de277#ref=rss