The Italian Experience
On the 21st of June 2017, Prof. Dr. Alessandro Minichilli from Bocconi University will continue this semester’s lecture series. He will cover the topic “Family firms‘ governance, strategy, and performance: the Italian Experience”.
The family business debate has originally focused its attention on the performance differences between family and non-family firms, while recently shifting attention to performance heterogeneity across different types of family enterprises. Along this avenue, the investigation of governance characteristics has been one key drivers of such heterogeneity. Related to this, recent literature and practice is delving into a better understanding of the peculiar decision-making process that drives family firms towards some strategic decisions instead of others, with their respective performance consequences.
To nurture this debate, Bocconi University has developed since 2009 a comprehensive Observatory on all the almost 10,000 family controlled firms with revenues larger than 20 million. Leveraging on the great heterogeneity of family firms characterizing the Italian context, this lecture while summarize some of the most established findings on the relations between family firms’ governance choices, strategic decisions, and firm performance. Also, some of the most updated figures on the last release 2016 of the Observatory will be presented. The lecture will end with a discussion on the generalizability of those findings to other contexts, and hence with new ideas for research and practice.
Prof. Minichilli is Associate Professor at the Department of Management and Technology at Bocconi University (Milano, Italy). His research interests cover: governance mechanisms in family-controlled companies, corporate governance and boards of directors, board evaluations, top management teams and corporate elites as well as career profiles of CEOs and leadership.
The lecture will be held in English and begins at 6 pm in the Liz Mohn Room (1.153) at Witten/Herdecke University. The participation is free of charge.
More information about the lecture series can be found in our event category.