YRIS2230 Family Business (5 cr)
Description
Content
The course will increase knowledge on matters related particularly to family-owned small firms. Family firms (i.e. family-owned and managed organizations) are local engines of value creation and employment. The course will cover family ownership, family business ethics, family business consulting, and family business management. From a resource-based viewpoint, the family, and familiness create distinct characteristics typical of family-owned firms. We shall discuss family business research from a managerial perspective, as seen through the leading journals in the field such as Family Business Review, Entrepreneurship: Theory and Practice, and Journal of Small Business Management. Communication skills will be practised through workshops and individual essays.
Completion methods
Contact teaching course, spring semester 3rd period. The study methods of the contact teaching course are specified in the study program annually.
Assessment details
Accepted completion of the designated assignments. The assessment criteria of the course is specified in the study program annually.
Learning outcomes
- solving an owner-manager’s decision-making problems in family-owned SMEs
- good governance, seen as a mechanism for the board of directors to create value for SME family firms
- knowledge and practices on consulting the owner-managers of family firms
- running a family business, as a family or non-family CEO.