The scope of IFBRF research is to analyse and understand family-owned businesses, their impact on the economy and society, and the challenges that they face.
IFBRF research activity focuses on medium-sized and large multigenerational family firms and falls into four main areas:
1. DEFINING AND CHARACTERISING FAMILY BUSINESSES
- Understanding family firm diversity and identifying what makes family businesses different in terms of their purpose, values and goals; ownership and governance arrangements; and how they manage generational transitions.
2. THE SOCIAL AND ECONOMIC EFFECTS OF FAMILY OWNERSHIP ON THE BUSINESS
- Understanding the effects of family ownership; for example, on governance, strategy, entrepreneurship, management and performance.
- Identifying the factors that influence the success and long-term sustainability of family businesses, and developing evidence-based solutions to the challenges that they face.
3. THE IMPACT OF FAMILY BUSINESSES ON THE ECONOMY AND SOCIETY
- Identifying and assessing the impact of family businesses on the economy and society.
4. THE IMPACT OF GOVERNMENT POLICY ON FAMILY BUSINESS
- Analysing and evaluating how Government policies affect family businesses.