Generation Change in Family Firms: To Each Family its Pact

Bozen – In Europe, family firms represent the backbone of the national economy. This is doubtless true also for Italy. Around 85% (in absolute numbers: 784,000) of all enterprises are family firms, which contribute to 80% of GDP and account for 70% of overall employment. According to the Observatory on Italian Family Businesses, in 2018 66% of publicly-traded entities have a family as majority sha...