According to common wisdom, the unique characteristics of family firms give them a natural edge when it comes to ESG performance. This IESE Insight article suggests a more nuanced reality, with highlights from recent research by NYU Stern professor Belén Villalonga and IESE professors Marta Elvira, Igor Kadach and Gaizka Ormazabal. What drives sustainability performance? […]
Deloitte “Defining the family business landscape” report
A recent Deloitte survey of 1,587 senior leaders from family-owned firms with at least USD 100 million in revenue provides compelling insights on their approach to growth, governance and long-term sustainability. The report also draws on interviews with 30 experienced leaders, who share how their family firms are navigating uncertainty and planning for the future. […]
How family firms are guiding the sustainability journey
Stakeholder capitalism has gone mainstream with the rise of the sustainability agenda. For family businesses, the fundamentals of shared value are well-known and woven throughout the family capitalism business model. As explored in the newly released KMPG report “A Road Well-Traveled,” family businesses have a unique opportunity to take a leadership role in guiding others […]