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News | 19 March 2024

Significant increase in Supervisory Boards in family businesses

The percentage of family businesses with a Supervisory Board or Advisory Board has significantly increased over the past 10 years. This is evident from research conducted by Nyenrode Business University, in collaboration with RSM and Van Lanschot Kempen, focusing on good governance in family businesses.

This upward trend applies to companies of all sizes. Among family businesses with more than 200 employees, nearly 60% now have a board; in 2013, this figure was 22%. Similarly, among family businesses with 100 to 199 employees, almost half (47%) have a board, compared to 26% in 2013. The main reasons for not having a board include a lack of need for external advice and the high costs associated with maintaining one.


A summary and the full research (in Dutch) can be downloaded on the page ‘Forse toename van RvC bij familiebedrijven'.


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