Family Businesses in Germany and the United States since Industrialisation A Long-Term Historical Study Family Businesses in Germany and the United States since Industrialisation – A Long-Term Historical Study Industrialisation since States – A Long-Term the United and Businesses Germany in Family Publication details Published by: Stiftung Familienunternehmen Prinzregentenstraße 50 80538 Munich Germany Tel.: +49 (0) 89 / 12 76 400 02 Fax: +49 (0) 89 / 12 76 400 09 E-mail:
[email protected] www.familienunternehmen.de Prepared by: Institut für Wirtschafts- und Sozialgeschichte Platz der Göttinger Sieben 5 37073 Göttingen Germany Univ.-Prof. Dr. Hartmut Berghoff Privatdozent Dr. Ingo Köhler © Stiftung Familienunternehmen, Munich 2019 Cover image: bibi57 | istock, Sasin Tipchai | shutterstock Reproduction is permitted provided the source is quoted ISBN: 978-3-942467-73-5 Quotation (full acknowledgement): Stiftung Familienunternehmen (eds.): Family Businesses in Germany and the United States since Indus- trialisation – A Long-Term Historical Study, by Prof. Dr. Hartmut Berghoff and PD Dr. Ingo Köhler, Munich 2019, www.familienunternehmen.de II Contents Summary of main results ........................................................................................................V A. Introduction. Current observations and historical questions ..............................................1 B. Long-term trends. Structural and institutional change ...................................................13 C. Inheritance law and the preservation