Van Lanschot Kempen and Nyenrode Business University signed a partnership yesterday introducing the Chair in Family Businesses and Ownership Dynamics. Van Lanschot Kempen will sponsor this Chair at Nyenrode Business University for the next five years. Prof. Dr. Marta Berent-Braun has hereby been appointed professor of Family Businesses and Ownership Dynamics.
This Chair will address important topics such as the motives, perceptions, and behavior of the owners in family businesses with multiple owners. The goal is to gain more knowledge about how this dynamic between owners materializes, how it can be further developed in a sustainable way, and how this dynamic affects the company as well as society.
The influence of the owners is particularly in family businesses of key importance. Unfortunately, knowledge about owners in family businesses is still limited. Among other things, little is known about the dynamics within larger and diverse groups of owners, such as owners from different branches of one family, owners from multiple families, or a combination of family and non-family owners. The Chair will contribute to the academic knowledge about the role of ownership in organizations and the application of this knowledge in practice.
Added economic value
As member of the Management Board of Van Lanschot Kempen and responsible for Client Management & Origination activities, Richard Bruens elaborates on the partnership: "Entrepreneurship is in Van Lanschot Kempen's DNA. We have been a family business for a long time, and partly because of this, we understand and endorse the important added value of family businesses to the Dutch economy. We have years of experience in giving advice to directors/owners of family businesses in the various phases of the business. We are involved in the various issues of the entrepreneur on a daily basis as their financial guide."
"Van Lanschot Kempen is glad to contribute to the acquisition of more knowledge about family businesses. That is why we support Nyenrode's Chair in Family Businesses and Ownership Dynamics. This contributes to conducting thorough and independent research for new views to enable family businesses to continue to play this prominent role in the future."
In cooperation with Van Lanschot Kempen, Nyenrode will set up a research program to gain a better understanding into how this dynamic can be implemented to make companies more successful.
Shift
Marta Berent-Braun is proud with her appointment. "In my research, I have seen a shift over the past few years. Owners are the foundation of a good and high-performing business. We see this in the latest developments regarding the role owners play. This role is shifting from that of a passive investor to an involved shareholder who wants to have an impact on the direction the company is going. It is important to pay attention to the relationships between the owners themselves, as well as to the relationships they have with management and external parties."
Van Lanschot Kempen's contribution to the Chair is focused on general freely accessible knowledge development to pave the way for a systematic and scientific elaboration of the field through education and research for example. Activities include conducting a panel survey among family businesses, facilitating interactive sessions for entrepreneurs, and supervising internal training sessions for employees.
Prof. Dr. Roberto Flören is RSM Professor of Family Businesses and Business Transfers at Nyenrode and is already working closely with Berent-Braun. He is pleased with the extra support in his field of expertise: "Since 1992 Nyenrode has been conducting structured research on family businesses. I am pleased with Marta Berent-Braun’s appointment to the Van Lanschot Kempen Chair. This will have a long-term strengthening effect on Nyenrode's education and research program on family businesses."
About Van Lanschot Kempen
Van Lanschot Kempen, a wealth manager active in Private Banking, Investment Management and Investment Banking, with the aim of preserving and creating wealth, in a sustainable way, for both its clients and the society of which it is part. As a sustainable wealth manager with a long-term focus, Van Lanschot Kempen proactively seeks to prevent negative impact for all stakeholders and to create positive long-term financial and non-financial value. Listed at Euronext Amsterdam, Van Lanschot Kempen is the Netherlands’ oldest independent financial services company, with a history dating back to 1737. To fully leverage the potential of the Van Lanschot Kempen organization for its clients, it provides solutions that build on the knowledge and expertise across its entire group and on its open architecture platform. Van Lanschot Kempen is convinced that it is able to meet the needs of its clients in a sustainable way by offering them access to the full range of its products and services across all its businesses.
For more information, please visit: www.vanlanschotkempen.com
About Nyenrode Business University
Nyenrode Business University works towards a sustainable future by encouraging students and participants to grow into responsible leaders. We do this by offering them a combination of academic theory, practical relevance, and personal development. Nyenrode is a private university, founded in 1946 by and for the business community with an international perspective. We offer intensive academic training courses, short and longer programs within the fields of business, management, accountancy, controlling, and tax law, as well as conduct research in these fields.
For more information, please visit: www.nyenrode.nl