During the FINDER Final Conference (mid-September) Arjan Groen (former partner EY Parthenon) discussed how family companies enjoy superior M&A performance. They have 10-16% better returns from acquisitions and divestments than non-family businesses.
However, family businesses are 16-25% less likely to undertake M&A than non-family businesses.
This was one of the intriguing research findings shared at the The Strategic Management Society‘s annual conference extension in London, a unique platform which combined thoughtful science with practical experience.
Key strategic topics were Private Equity (Can they win from family/public companies?), Shareholders’ Activists (Can they be a force for long term good?) and Board Room Dynamics (How do you make sure they make the right decisions?).
Arjan stated “It was an honor and pleasure to present alongside leading academics and top practitioners such as Francesco Castellaneta, Mark DesJardine, Philip Dunne, Emilie R. Feldman (thanks for sharing above research!), Robert Hoskisson, Gerry McNamara, Mario Schijven, Chris Vialle and Himanshu Vyas.
The discussions were lively in the conference room and ended at the bar!
Thanks to professors Rick Aalbers and Koen H. Heimeriks for organizing this great event!
And plenty of opportunities for family businesses…”.
Thank you Arjan for your inspiring input during the SMS Extension Conference!