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January 22, 2015

More than two-thirds of family businesses in the US have failed to implement formal risk management procedures, despite the majority recognising that threat identification is a top priority, new research has revealed. 

More than two-thirds of family businesses in the US have failed to implement formal risk management procedures, despite the majority recognising that threat identification is a top priority, new research has revealed.

Family Enterprise Risk Index 2015, published by strategic risk and insurance advisor Crystal & Company, found that 66% of respondents believed that risk management was a top strategic objective, but found only 30% had implemented formal processes.

January 21, 2015

Family businesses in the GCC are looking to increase the number of women in senior management positions over the next decade in order to emulate the success of their global counterparts, new research suggests.

Family businesses in the GCC are looking to increase the number of women in senior management positions over the next decade in order to emulate the success of their global counterparts, new research suggests.

November 19, 2014

The face of wealth in the UK is no longer dominated by ‘old' money after an increase in the number of entrepreneurs selling their companies has led to a spike in significant wealth generation, according to a new study.

The face of wealth in the UK is no longer dominated by ‘old' money after an increase in the number of entrepreneurs selling their companies has led to a spike in significant wealth generation, according to a new study.

November 12, 2014

More than two-thirds of family businesses in south-east Asia have implemented formal succession plans, as senior executives believe they are important for attracting investment, new research claims.

More than two-thirds of family businesses in south-east Asia have implemented formal succession plans, as senior executives believe they are important for attracting investment, new research claims.

October 29, 2014

Primogeniture is no longer the norm when it comes to succession planning, a new family business report reveals, with daughters and younger siblings worldwide increasingly taking up executive positions.

Primogeniture is no longer the norm when it comes to succession planning, a new family business report reveals, with daughters and younger siblings worldwide increasingly taking up executive positions.

September 26, 2014

Momentum in the oil and gas sector has led to a dramatic increase in the number of millionaires in Texas, with the city of Dallas seeing the fastest growth in the US, according to new research. 

Momentum in the oil and gas sector has led to a dramatic increase in the number of millionaires in Texas, with the city of Dallas seeing the fastest growth in the US, according to new research.

The first Capgemini/RBC United States Wealth Report found that millionaire growth in the region was driven primarily by investment in new technology, particularly in the state’s two largest cities, Dallas and Houston.

September 23, 2014

The global billionaire population is concentrated in a small collection of cities, new research reveals, with the uber wealthy seeking domiciles that balance business with pleasure.

The global billionaire population is concentrated in a small collection of cities, new research reveals, with the uber wealthy seeking domiciles that balance business with pleasure.

The top five cities for billionaires, according to the Billionaire Census 2014, released by Wealth-X and UBS, are New York, Moscow, Hong Kong, London, and Beijing, which together host 379 of the world’s most wealthy.

July 9, 2014

The size of family business workforces is comparatively static to non-family companies even as revenues fluctuate, according to a new study.

The size of family business workforces is comparatively static to non-family companies even as revenues fluctuate, according to a new study.

Sales and employment changes in entrepreneurial ventures with family ownership,published in the Journal of Small Business Management, found technology-based family businesses in Italy were equally resistant to hiring new staff in times of growth as they were to laying of staff in troubled times.

April 3, 2014

Up to three quarters of British family firms are putting off succession planning, despite listing it as one of the top challenges they face, says the chief executive and founder of a family business organisation, who says fear of retirement, mortality and upsetting family harmony are among the factors driving this inaction.

Up to three quarters of British family firms are putting off succession planning, despite listing it as one of the top challenges they face, says the chief executive and founder of a family business organisation, who says fear of retirement, mortality and upsetting family harmony are among the factors driving this inaction.

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