According to the study Public perception of family businesses and anonym
public owned firms (Studie zur öffentlichen Wahrnehmung von Familienunternehmen
und anonymen Publikumsgesellschaften) by Zeppelin University 2009, family
businesses in Germany savor a high reputation expressed by the phrase Made
in Germany.
In recent years, official corruption incidents in Germany were invariably done by non-family businesses. It is weird to read this because family businesses usually do have less transparency than public owned companies and thus it is more likely to find corruption incidents in those businesses.
A study by KPMG from the year 2010 proofs, that corruption in this field of businesses occurs, but the dimension and the kind of incidents is a lot smaller than the corruption going on in the other types of firms. That means in particular, many occurring incidents in family firms are about data theft.
In accordance with Prof. Dr. Birger P. Priddat from University Witten/Herdecke (Germany), corruption in German family businesses is not a serious topic. The mentioned reason therefore is, that leaders in FamBus tend to not be seduced as easy as leaders from public owned businesses. Since family members have to think in long-term success of the enterprise, they more likely try to avoid bribe in order to reach the best value for the company on long-term view. According to the professor in this field of business still the axiom of integrity applies.
Source: http://neuvians.de/?p=1566
In recent years, official corruption incidents in Germany were invariably done by non-family businesses. It is weird to read this because family businesses usually do have less transparency than public owned companies and thus it is more likely to find corruption incidents in those businesses.
A study by KPMG from the year 2010 proofs, that corruption in this field of businesses occurs, but the dimension and the kind of incidents is a lot smaller than the corruption going on in the other types of firms. That means in particular, many occurring incidents in family firms are about data theft.
In accordance with Prof. Dr. Birger P. Priddat from University Witten/Herdecke (Germany), corruption in German family businesses is not a serious topic. The mentioned reason therefore is, that leaders in FamBus tend to not be seduced as easy as leaders from public owned businesses. Since family members have to think in long-term success of the enterprise, they more likely try to avoid bribe in order to reach the best value for the company on long-term view. According to the professor in this field of business still the axiom of integrity applies.
Source: http://neuvians.de/?p=1566
