Varieties of Family Business

Germany and the United States, Past and Present

Hartmut Berghoff y Ingo Köhler

Cite this publication as

Hartmut Berghoff, Ingo Köhler, Varieties of Family Business (2020), Campus Frankfurt / New York, 60486 Frankfurt/Main, ISBN: 9783593445311

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Descripción / Abstract

Familienunternehmen sind in Deutschland und in den USA zentrale Bausteine der jeweiligen Volkswirtschaft. Und doch gibt es signifikante Unterschiede in der Unternehmens- und Familienkultur sowie der institutionellen Umwelt. So wird Deutschland in den USA um seine leistungsstarken Familienunternehmen, vor allem die Hidden Champions, beneidet. Zudem bestehen deutsche Familienunternehmen im Durchschnitt deutlich länger. Wie kam es zu diesen Divergenzen? Die von der Stiftung Familienunternehmen herausgegebene historische Langzeitbetrachtung analysiert die Ursachen und Auswirkungen der Unternehmenslandschaften in beiden Ländern von der Industrialisierung im 19. Jahrhundert bis zur Gegenwart.

For an English description see: https://press.uchicago.edu/ucp/books/book/distributed/V/bo86151146.html

Descripción

Hartmut Berghoff ist Direktor des Instituts für Wirtschafts- und Sozialgeschichte an der Universität Göttingen; von 2008 bis 2015 leitete er das Deutsche Historische Institut in Washington D.C.
Ingo Köhler ist Wirtschafts- und Unternehmenshistoriker an der HU Berlin; von 2013 bis 2015 war er Lehrstuhlvertreter am Institut für Wirtschafts- und Sozialgeschichte in Göttingen sowie 2016 an der Universität Bonn.

Índice

  • BEGINN
  • Contents
  • Acknowledgments
  • Preview: The Key Results
  • A. Introduction. Current Observations and Historical Questions
  • B. Long-term Trends. Structural and Institutional Change
  • C. Inheritance Law and the Preservation of Continuity
  • I. The History of Property Rights. Differing Paths in Germany and the USA
  • II. The Beginnings of Modern Inheritance Law in Germany and the USA
  • III. Divergences Widen. Wartime and the Inter-War Period
  • IV. Continuity and Reform after 1945
  • V. Fiscal Policy as Structural Policy. The Recalibration of Inheritance Taxes since 1980
  • D. Corporate Governance, Financing and the Development of Capital Markets
  • I. Financial-system Duality: Market-based versus Bank-based Corporate Financing
  • II. The Birth of Distinct Financial Systems in the 19th Century
  • III. Financial Systems and Corporate Governance in Times of Crisis, 1929–1945
  • IV. The Era of Reconstruction. Corporate Financing on Established Paths, 1945–1980
  • V. New Paths? Financial Systems in the Era of Globalization, 1980–2012
  • E. Family Businesses and Economic Policy
  • I. The Long-standing Tradition of Trade and Business Promotion in Germany
  • II. Mittelstand Policy. A Legacy of the 19th Century
  • III. National Socialism, the New Deal and the Wartime Economy
  • IV. From Highly Regarded Small Business Ideology to Unpopular Small Business Administration
  • V. Mittelstand Policy and the German Economic Miracle
  • VI. Mittelstand Policy as a Reaction to Crises in Germany and the USA since 1970
  • VII. Political Power Open to Owners of Large Family Businesses
  • F. Path Dependencies. Historical Genesis and Critical Junctures over the “longue durée†
  • I. Family Businesses in the Traditional World of Europe†”the Case of Germany
  • II. Family Businesses in the “New World† of the United States
  • G. Cultural Identities. National Trends in Family Business Cultures
  • I. Paternalism: Forms and Functions of the Archetype of Corporate Culture
  • II. Footholds and Transformation Processes of Family Business Cultures in the 20th Century
  • H. Conclusion. Two Development Paths
  • Endnotes
  • List of Tables
  • List of Figures
  • Photo Credits
  • Bibliography
  • Index
  • About the Editor: The Foundation for Family Businesses

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