During a press conference in Amsterdam, BDO, Rabobank and the Erasmus Centre for Family Business (ECFB) presented the first results of their family research which started in 2016. Change strategy after generation change is the central theme of scientific study. Only 30% to 35% of family businesses survive the first generation change and less than 5% survive the third. "Moreover, the profitability of family farms declining alarmingly after each follow-up," says Professor Pursey Heugens.