10 August 2020

How are family businesses getting through the crisis?

Do family businesses have greater resilience in times of crisis than non-family businesses? And why is that? Dr Anita Van Gils looked at existing research into these questions, which was primarily carried out after the previous (financial) crisis in 2008. “Many people don’t realise that more than seventy per cent of all Dutch companies are family businesses”, she says, “from the sandwich shop around the corner to Heineken.” Van Gils explains which factors are important for surviving a crisis like the current one and what her research group contributes to this.