About the Survey

This is our seventh study of family businesses globally. This year 2,484 semi-structured telephone and online interviews were conducted via Kudos Research in London with key decision makers in family businesses in over 40 countries worldwide between 29 April 2014 and 29 August 2014. This reporting and analysis takes into account the responses of 2,378 respondents. The turnover of participating companies was from over USD$5m to over USD$1bn. The interviews were conducted in the local language by native speakers and tended to average between 20 and 35 minutes. The results were then analysed by Jigsaw Research.

The interviews were conducted in: Australia, Austria, Belgium, Brazil, Canada, CEE (Bulgaria, Hungary, Latvia, Poland, Slovakia), China, Denmark, Germany, Hong Kong, India, Indonesia, Ireland, Italy, Kenya, Malaysia, Malta, Mexico, Middle East (Jordan, Oman, Saudi Arabia, , UAE), Netherlands, New Zealand, Nigeria, Peru, Romania, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Turkey, UK, US

For the purposes of this survey, a ‘family business’ is defined as a business where

  1. The majority of votes are held by the person who established or acquired the firm (or their spouses, parents, child, or child’s direct heirs);
  2. At least one representative of the family is involved in the management or administration of the firm;
  3. In the case of a listed company, the person who established or acquired the firm (or their families) possess 25% of the right to vote through their share capital and there is at least one family member on the board of the company.