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      As family businesses transition from family-run operating businesses to family-owned enterprises, how can they preserve their enduring values while adapting to new operating models in an increasingly data-driven world? Increasingly, governance extends beyond succession planning to encompass stronger governance frameworks, enterprise risk management, and AI governance that support sustainable growth.

      Across the region, the business landscape is undergoing significant change. Rising costs, talent shortages, digital transformation, and succession challenges are reshaping how enterprises operate and preparing for the future.

      In Malaysia, these pressures are similarly evident but are further intensified by broader structural shifts. Family businesses in Malaysia are navigating the same challenges alongside rapid technological change, making business transformation increasingly critical. Moreover, Malaysia’s talent management and AI priorities are gaining more momentum, as organizations seek to strengthen leadership and build long-term capability.

      The Global Family Business Report 2026 explores the future of family businesses and strategies shaping long-term success. Drawing insights from 1,927 leaders across 41 countries, the report examines how family-owned enterprises can strengthen governance, accelerate AI adoption responsibly, and enhance enterprise risk management while embracing innovation and digital transformation. Ultimately, the report highlights how family businesses can balance the  tradition and values that have underpinned their success, with the transformation to achieve sustainable growth across generations.



      Across the world, family businesses are navigating an increasingly complex, technology-driven economy, and Malaysia is no exception. The focus now is on moving from awareness to action – strengthening governance, preparing the next generation, and staying anchored to the values that define the family legacy. Past success is no longer enough. What defines the next stage for Malaysian family businesses is not what they have built before, but the clarity with which they make decisions for what comes next.
      Tai Lai Kok

      Head of International and Domestic Tax Advisory

      KPMG in Malaysia

      Key insights from the survey


      Talent and succession pressures are rising, with attracting external talent emerging as the number one people challenge.

      Risk readiness is lagging complexity: Only one‑third of family businesses report having a comprehensive Enterprise Risk Management framework.



      KPMG Global family business report 2026

      Facing into the future, confident yet cautious.


      Connect with us

      Tai Lai Kok

      Partner – Head of International and Domestic Tax Advisory

      KPMG in Malaysia