IE Center for Families in Business advances in its commitment to knowledge generation with new collaborations

The IE Center for Families in Business continues to strengthen its dedication to advancing research and understanding in the field of family businesses through its recent collaborations with EY and March Asset Management. These partnerships have resulted in the publication of two significant reports, underscoring the Center’s commitment to generating impactful knowledge.

New Report with EY: The Family Business in the Face of the New Labor Market

On April 4, the IE Center for Families in Business, in collaboration with EY, presented its latest report titled “The Battle for Talent in the New Work Environment.” The report highlights the challenges and strengths of family businesses in attracting and retaining talent in a competitive labor market. The findings, presented at EY’s headquarters in Madrid, emphasize the potential of family businesses to adapt to the evolving demands of the workforce.

David Ruiz-Roso, EY Family Business Leader, inaugurated the event, followed by presentations from researchers Cristina Cruz, Director of the IE Center for Families in Business, and Rocío Bonet, Associate Professor of Human Resources at IE University. The discussion underscored the importance of job stability, professional challenges, and purposeful employment as key factors in increasing employee commitment within family businesses compared to non-family businesses.

Learn more about this report here.

New Report with March Asset Management: Is there a “family premium” in the Chinese stock market?

On April 17, IE University, in collaboration with March Asset Management, released a comprehensive report on family businesses in China. The study reveals that family businesses listed on the Shanghai and Shenzhen stock exchanges are significantly more profitable than their non-family counterparts, with a compound annual growth rate (CAGR) of 41% compared to 23% over the past 15 years.

Cristina Cruz, who led the research, highlighted the unique challenges faced by Chinese family businesses, including their relatively young average age of 20 years and the impending generational transitions. Despite these challenges, the report confirms the existence of a “family premium” in the Chinese stock market, indicating higher profitability for family businesses both in accounting terms and market performance.

Learn more about this report here.

This collaborative effort between IE University, EY, and March Asset Management demonstrates a shared vision of fostering knowledge and innovation to address the challenges and opportunities faced by family businesses worldwide.