Reports

Our reports present research, insight, and guidance on family-owned businesses, their impact on the economy and society, and the challenges they face. All of our publications are available to access free of charge and on an open-source basis.

Martin Kemp Martin Kemp

ESG in Family Firms

This report provides essential insights into how family businesses in the UK can navigate the challenges and opportunities presented by ESG. This comprehensive review examines UK and EU regulations, voluntary standards, and best practices tailored to family firms. It highlights the strategic role of ESG in driving sustainable growth, fostering innovation, and building long-term stakeholder trust.

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Martin Kemp Martin Kemp

Supporting Succession?

This white paper, produced by Policy Points and Henham Strategy for the Family Business Research Foundation, assesses the impact of Business Property Relief (BPR) and Gift Hold-Over Relief (GHR) on UK family businesses.

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Martin Kemp Martin Kemp

How Common are Family Businesses in the UK?

This report shares some of the results relating to family-owned SMEs from the latest UK Longitudinal Small Business Survey. It draws on survey results released by the Department for Business and Trade (DBT) for SME employers during the period 2019 to 2023 to examine rates of family-business ownership among SMEs over this period.

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Martin Kemp Martin Kemp

Adoption of the Wates Principles among UK Family Businesses

The Family Business Research Foundation’s latest report examines the adoption of the Wates Principles by UK family businesses, revealing key differences between family and non-family firms in corporate governance practices. The report provides valuable insights into the challenges family businesses face in governance and highlights the need for improved guidance and support to ensure they can meet evolving governance standards designed for large private companies in the UK.

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2022 Martin Kemp 2022 Martin Kemp

State of the Nation: UK Family Business Sector 2021-22

This report from the IFB Research Foundation and Oxford Economics takes an in-depth look at the UK Family Business Sector. Data from UK business surveys are used to assess the contribution that family firms make to the UK economy in 2020. The report seeks to assess the performance of family firms during the COVID 19 pandemic and the strategies they used to adapt to the harsh economic conditions during this difficult period.

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2021 Martin Kemp 2021 Martin Kemp

Business Family Governance 2.0

This report by Dr. Claudia Binz Astrachan and Professor Isabel Botero suggests that family governance plays a key role in achieving a multigenerational legacy in family firms.

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2021 Martin Kemp 2021 Martin Kemp

The State of the Nation: The UK Family Business Sector 2020-21

This report presents detailed evidence on the UK family business sector and estimates the contribution it made to the UK economy in 2019. It investigates the family business sector’s characteristics and identifies the challenges faced by family SMEs in the year prior to the onset of the COVID-19 pandemic and the UK government’s policy response. This report also includes statistical analysis of data from the UK's Small Business Survey to investigate how family ownership of a firm affects its adoption and use of technology.

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2020 Martin Kemp 2020 Martin Kemp

The State of the Nation: The UK Family Business Sector 2019-20

This report presents a detailed statistical profile of the UK family business sector in 2018 and estimates its contribution to the UK economy in that year. The report includes an analysis of family businesses’ performance expectations and their strategies for the future, together with some preliminary analysis of the likely impact of the pandemic on the UK's family firms.

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2019 Martin Kemp 2019 Martin Kemp

Governance in Family Businesses - Evidence and Implications

This report by Carole Howorth (University of York) and Martin Kemp (Family Business Research Foundation) presents a comprehensive review of the research literature and existing evidence relating to family governance and the corporate governance of family businesses. It also includes an analysis of national guidance/codes of governance designed specifically for family businesses. The report was commissioned by the IFB Research Foundation to provide a comprehensive overview of what we know and what we suggest should be in a research agenda for future work in this area.

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2019 Martin Kemp 2019 Martin Kemp

The State of the Nation: UK The Family Business Sector 2018-19

This report from the IFB Research Foundation and Oxford Economics provides a comprehensive economic assessment of the UK family business sector in 2018-19. It investigates the characteristics of family firms: their size, structure, and concentration across different industrial sectors. It measures the contribution that family businesses make to the UK economy - GDP, employment, and taxes each year; providing in depth analysis of the geographical and sectoral spread of family firms.

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2018 Martin Kemp 2018 Martin Kemp

Long-Term Thinking in UK Family Business

These research findings from DCU Business School offer new insights into UK family businesses in terms of their long-term objectives and strategies, non-economic goals, and long-term orientation.

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2018 Martin Kemp 2018 Martin Kemp

The State of the Nation: The UK Family Business Sector 2017-18

This report from the IFB Research Foundation and Oxford Economics provides a comprehensive economic assessment of the UK family business sector in 2017-18. It investigates the characteristics of family firms: their size, structure, and concentration across different industrial sectors. The report seeks to estimate the contribution family businesses make to the UK economy - to the UK’s GDP, employment, and to the public finances, providing in depth analysis of the geographical and sectoral spread of family firms.

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2016 Martin Kemp 2016 Martin Kemp

UK Large Family Business Report

This report from RepGraph presents the results of a study by the Research Foundation to identify family-owned businesses among the top 1,000 UK companies.

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