FAMILY BUSINESS GOVERNANCE

Carmen GALLUCCI FAMILY BUSINESS GOVERNANCE

0222100167
DEPARTMENT OF MANAGEMENT & INNOVATION SYSTEMS
EQF7
BUSINESS MANAGEMENT AND CONSULTING
2023/2024



YEAR OF DIDACTIC SYSTEM 2023
AUTUMN SEMESTER
CFUHOURSACTIVITY
1030LESSONS
Objectives
THE COURSE AIMS TO PROVIDE KNOWLEDGE ABOUT THE UNIVERSE OF THE FAMILY BUSINESS AND ITS DIFFUSION ALL OVER THE WORLD, ABOUT FAMILY FIRMS’ DISTINCTIVE CHARACTERISTICS, FAMILY BUSINESS TRANSFER AND FAMILY BUSINESS’S CORPORATE GOVERNANCE MECHANISMS.
THE ATTENTION IS FOCUSED ON THE THREE CIRCLES THAT CHARACTERIZE FAMILY BUSINESSES: COMPANY, FAMILY AND HERITAGE. PARTICULAR ATTENTION IS ADDRESSED TO THE SUCCESSION PROCESS, A CRUCIAL AS WELL AS STRATEGIC MOMENT FOR A FAMILY FIRM: IT COULD BE THE OCCASION FOR REVIEWING COMPANY’S VISION AND STRATEGY.
THE EDUCATIONAL PATH AIMS TO DEVELOP STUDENTS’ READING AND INTERPRETATION CAPACITIES ABOUT FAMILY ENTREPRENEURIAL CHARACTERS AND IT FOCUSES ON THE MAIN FAMILY BUSINESSES’ PROBLEMS.
THE STUDENT WILL BE ABLE TO USE THE ACQUIRED KNOWLEDGE AND SKILLS TO UNDERSTAND AND SOLVE PROBLEMS RELATED TO BUSINESS CONTINUITY THROUGH THE APPLICATION OF THE DIFFERENT GOVERNANCE MECHANISMS. PUT IT DIFFERENTLY, THE STUDENT WILL BE ABLE TO IDENTIFY FOR EACH ENTERPRISE, THE MOST APPROPRIATE CORPORATE GOVERNANCE MECHANISM.
Prerequisites
NO PREREQUISITE
Contents
-THE UNIVERSE OF FAMILY BUSINESS: DEFINITION AND DISTINCTIVE CHARACTERISTICS
(6H-FRONTAL LECTURES + 3H-APPLICATIVE/INTERACTIVE LECTURES)

-FAMILY BUSINESS TRANFER
(6H-FRONTAL LECTURES + 3H-APPLICATIVE/INTERACTIVE LECTURES)

-MECHANISMS GOVERNANCE IN FAMILY FIRMS
(8 H-FRONTAL LECTURES + 4H-APPLICATIVE/INTERACTIVE LECTURES)

Teaching Methods
THE COURSE WILL TAKE 30 HOURS SPLIT IN FRONTAL LECTURES AND APPLICATIVE/INTERACTIVE LECTURES. DURING THESE LAST ONES, STUDENTS SHOULD DISCUSS CASE STUDIES, SIMULATE REAL SITUATIONS THROUGH THE ROLE-PLAY TECHNIQUE, MAKE FLIPPED CLASSROOM AND WORK IN GROUP.


Verification of learning
FOR ATTENDING STUDENTS, THE FINAL GRADE WILL BE A MIXTURE OF:
-WRITTEN FINAL EXAM (50%)
THE WRITTEN EXAM AIMS AT TESTING KNOWLEDGE OF THEORY AND APPLICATION SKILLS. IT CONSISTS OF REVIEW QUESTIONS AND CRITICAL ASSESSMENTS OF TOPICS.
IT IS RELEVANT FOR WRITTEN EXAM: CLARITY OF ANSWERS, ABILITY TO SUMMARIZE, EVALUATE, AND ESTABLISH RELATIONSHIPS BETWEEN TOPICS, AND THE CAPACITY TO CRITICALLY DISCUSS ISSUES.
-PROJECT WORK PRESENTATIONS (40%)
IT IS RELEVANT FOR PROJECT WORK: ABILITY TO WORK IN A TEAM, CREATIVITY, SKILLS IN CRITICAL THINKING, ABILITY TO TRANSLATE THEORETICAL CONCEPTS IN A PRACTICAL APPLICATION AND PRESENTATION SKILLS.
-CASE STUDIES ANALYSES AND INTERACTIVE CLASS DISCUSSIONS (10%)
GRADES DEPEND ON ATTENDANCE AND OVERALL ON CLASS PARTICIPATION DURING FRONTAL LECTURES, CASE STUDIES DISCUSSION AND OTHER STUDENTS’ PRESENTATION.

Texts
READINGS AND FURTHER TEACHING MATERIALS WILL BE PROVIDED BY THE TEACHER.
More Information
NON-ATTENDING STUDENTS MUST CONTACT COURSE INSTRUCTOR WELL IN ADVANCE IN ORDER TO DESIGN AN INDIVIDUAL LEARNING PROCESS AND A FINAL ASSESSMENT THROUGH A FINAL EXAM TEST (100%) THAT COVERS ALL COURSE MATERIALS.
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