Betriebs­wirtschafts­lehre - Master (alle)

• know about economic consequences of financial reporting and about the role accounting information plays on capital markets,
• understand the special role of IFRS on international capital markets,
• understand the main IFRS accounting rules and their implication on an entity’s financial statement,
• be able to analyze a financial statement from an inside and an outside view
• demonstrate orally and in writing their comprehension in the solution of case studies.

Die Teilnehmer lernen die Besteuerung deutscher Unternehmen unterschiedlicher Rechts­formen kennen.
Die Teilnehmer sollen die Steuerbelastung der Gewinne und Leistungs­vergütungen in Abhängigkeit von der Rechts­form ermitteln können.
Darüber hinaus sollen die Teilnehmer in der Lage sein, Aussagen zur steueroptimalen Rechts­formwahl zu treffen.
 

IMPORTANT points about this course:

- You need to register in portal-2 to receive the lecture contents

- You need to make your decision to stay in the course or leave it, until 19.9.2019

- The case-study is considered as a part of the final grade, therefore you cannot leave the course after we announce the case-study challenge

- Each student sends an individual request to join the case-study. We need these emails to structure the teams.

- You can still join the course after the deadline(on certain conditions), only leaving is not possible.

- All students who are taking the case-study should register on portal-2. If not, an enforced registration would be made from the student office (happens rarely).

- Students may pass the course only if they pass the case-study AND they pass the written exam.

By the end of the module students will

• understand basic concepts and types of Enterprise Systems,
• understand key characteristics of software products (e.g. Enterprise Resource Planning, Business Intelligence or Collaboration) on which ES are built on,
• understand the ES lifecycle including a development, implementation, and post-implementation phase,
• get practical insights into the real-world ES.

• Process models, Scheduling
• Memory management and organization
• Communication models (Remote Procedure Call, Publish/Subscribe)
• Middleware
• Architectures

• - You need to register in portal-2 to receive the lecture contents
• - You need to make your decision to stay in the course or leave it, until 19.9.2019
• - The case-study is considered as a part of the final grade, therefore you cannot leave the course after we announce the case-study challenge
• - Each student sends an individual request to join the case-study. We need these emails to structure the teams.
• - You can still join the course after the deadline(on certain conditions), only leaving is not possible.
• - All students who are taking the case-study should register on portal-2. If not, an enforced registration would be made from the student office (happens rarely).
•  - Students may pass the course only if they pass the case-study AND they pass the written exam

• Understand the issues and challenges involved in enterprise software development
• Understand and apply large-scale agile development based on lean principles
• Understand and apply Design Thinking and related innovation practices
• Understand and evaluate business models for software companies and products
• Understand and apply how to bring all of this together in enterprise reality
• Understand and evaluate state of the art software engineering methods
• Understand and explain particular success strategies recommended by practitioners
• Understand how to launch a start-up and scale a software company

• Introduction into self-organizing distributed systems and their architecture.
• Implementation issues of self-organizing and self-adaptive systems.
• Self-organizing approaches in distributed systems, such as, leader election, clustering, resource detection, or consensus in distributed systems.
• Adaptive system aspects.
• Machine Learning for Self-improvement.

Bitte melden Sie sich via Portal² an. Sie werden direkt für den Kurs zugelassen.

• Definitorische Grundlagen von E-Business zu wissen
• Die Implikationen von E-Business-Technologien für menschliches Verhalten anhand akzeptanztheoretischer und methodischer Grundlagen auf wissenschaft­lichem Niveau zu analysieren
• Ein grundlegendes Verständnis der IT-Akzeptanztheorie zu haben

Amit, R., and Zott, C. 2001. „Value creation in e-business,“ Strategic Management Journal (22:6-7), pp. 493–520.
Venkatesh, V., Morris, M., Davis, G., and Davis, F. 2003. „User acceptance of information technology: Toward a unified view,“ MIS Quarterly (27:3), pp. 425–478.

• explored and developed their own entrepreneurial creativity.
• their own startup team.
• an advanced startup idea that tackles a real customer need.
• a pitch deck and business plan on their startup idea for following up on the project.
• presented and defended the concept of their project in front of an expert jury.
• gained financing opportunities to pursue their venture (depending on performance).
• gained lots of feedback on their personal and professional development in real life settings.developed skills and abilities that can be applied to improve their effectiveness in the rest of their studies and in their lives – including team building skills.

It is mandatory that you register via Portal2 after your arrival. You can register anytime during the official course registration period (August 26 – September, 2019) and attend the kick-off event (further information will be provided on the chair's website: https://www.mcei.de/teaching/graduate/man-633-entrepreneurial-spirit).

• verschiedene Ansätze zur Mitarbeiterführung und -motivation zu verstehen,
• unterschiedliche Führungs­stile zu analysieren und deren Vor- und Nachteile zu erkennen,
• Faktoren erfolgreicher Führung zu identifizieren,
• mögliche Probleme bei der Zusammenarbeit von Mitarbeiter und Führungs­kraft zu erkennen und
• ihren eigenen Führungs­stil einzuschätzen.

• die Einfluss­möglichkeiten von Personal­praktiken auf den Unternehmens­erfolg zu verstehen,
• ein System von Kennzahlen zu entwickeln und dieses in die Personal­strategie zu implementieren,
• Verfahren zur Über­prüfung der Qualität von Personalmaßnahmen zu entwickeln und
• Firmendaten zu analysieren, um so den ökonomischen Gewinn durch den Einsatz von Personal­praktiken abzuschätzen.

• die Relevanz des öffentlichen und des Nonprofit-Sektors einzuschätzen,
• die Besonderheiten des Management von öffentlichen und Nonprofit-Organisationen zu erläutern,
• wissenschaft­liche Literatur aus den Bereichen Public und Nonprofit Management zu verstehen und kritisch zu beurteilen,
• Thesen und Er­kenntnisse in den Bereichen Public und Nonprofit Management zu diskutieren.

• die Relevanz des öffentlichen und des Nonprofit-Sektors einzuschätzen,
• die Besonderheiten des Management von öffentlichen und Nonprofit-Organisationen zu erläutern,
• wissenschaft­liche Literatur aus den Bereichen Public und Nonprofit Management zu verstehen und kritisch zu beurteilen,
• Thesen und Er­kenntnisse in den Bereichen Public und Nonprofit Management zu diskutieren.

• die Relevanz des öffentlichen und des Nonprofit-Sektors einzuschätzen,
• die Besonderheiten des Management von öffentlichen und Nonprofit-Organisationen zu erläutern,
• wissenschaft­liche Literatur aus den Bereichen Public und Nonprofit Management zu verstehen und kritisch zu beurteilen,
• Thesen und Er­kenntnisse in den Bereichen Public und Nonprofit Management zu diskutieren.

University of Mannheim - Master in Management - Research Seminar:

Strategic Management, Sociology, and Psychology in the Family Business

MAN 770 Course Program - Syllabus - a.y. 2019

Capsule Course Outline: This research seminar covers current research at the intersection of strategic management, psychology, sociology, and family firms. A particular focus is put on research on the role of CEOs. Students will discuss and reflect upon questions such as “How do social and individual identities of leaders affect decisions?”, “Are family CEOs superior performers?”, “What is the influence of greed on CEOs?”, or “Are founder CEOs more overconfident than professional CEOs?” and “What is the social context of firm ownership?”. This is an advanced course to be taken towards the master’s end in preparation for the master thesis. It demands a high level of involvement and contribution. Please, do read this syllabus very carefully before the beginning of the course.

Instructors AkadR. Dr. Jan-Philipp Ahrens, Dipl.-Kfm. & Dr. Iuliia Shkrabaliuk, M.Sc.
Tutors Baris Istipliler, M.Sc. & Marc Kowalzick, M.Sc.
Secretary Gabriele Schleicher, E-mail: schleicher(at)ifm.uni-mannheim.de

Objectives The goal of the course is twofold. First, it is designed to help participants gain access to the main topics and theories intersecting strategic management, sociology, psychology, & family business research. We will read and discuss 14 seminal articles, and simulate an academic conference in class. This familiarizes participants with the state of the art research, its designs & methods, and the respective current academic debate.The second goal of the course is to familiarize students with the core techniques of scientific work in business studies. This includes developing a research idea, evaluating its contribution, obtaining data, performing analyses using STATA, and reporting results in article and presentation format. Students will learn to use statistical software. Overall, the course prepares students for writing a master thesis at our chair.

Contents The course will cover panel data econometrics (Wooldridge Chapter 1-15), an introduction to the databases available at the University of Mannheim, a brief introduction to STATA software, and an extensive discussion of 14 seminal articles.

Format Lectures. Discussions lead by instructor. Student presentations. Self-study.

Prerequisites Courses: No prerequisite course and no prior empirical knowledge required.
Recommended: CC 502 accomplished (facultative/optional).
Books: Introductory Econometrics - A Modern Approach (Wooldridge), An Introduction to Modern Econometrics Using STATA (Baum) (check Lehr­buchsammlung).
Software: STATA (check Rechenzentrum website).

Non-MMM Non-MMM students, e.g. languages, psychology, MaKuWi, etc. are welcome.
Application Registration via the student portal (Portal2.uni-mannheim.de) is mandatory (Open until 02.09.2019). Additionally, apply to jahrens(at)staff.mail.uni-mannheim.de by sending your student ID, transcript of grades, and CV & motivation letter (both 1 page).

Application deadline: 02.09.2019
 

Grading: The course consists of three components: I. Student presentation, II. discussion, and III. final assignment (details below). Each component accounts for 33,3% of the course grade.

I. Student presentation: For the presentation, each student (or team of students, depending on participation) will be assigned one (or more, depending on participation) seminal articles. They will present and defend the assigned article in detail in a graded 20 minute power point presentation as if it was their own (20 minute presentation + 3 minutes discussant comment + 12 minute discussion). Each presentation is flanked by an assigned discussant (student or team of students), the discussant comments 3 minutes on the paper in detail. The course will discuss the presentations and the presenter answers questions.

II. Discussion: All seminar participants are expected to read each article and engage in discussion. You are expected to hand-in five questions for each article. Discussion grades will be given on questions handed-in (collected in class) before each of the presentation sessions (September 18th, 24th, and October 2nd). Please make sure that you have two print-outs of your questions, one for yourself and one to hand in for grading. Regarding the preparation of discussion questions, it may be useful to reflect the following thoughts during the readings:

• What are the central questions addressed? Is the underlying theory and its assumptions consistent?
• What are the core arguments or hypotheses? Are they convincing?
• What is the empirical evidence to support the argument(s)? Is it convincing?
• How could this analysis be improved? Is there a way for a smarter approach? Has the author omitted anything or could adding another angle add new insights? (Be fair and do not make any suggestion that you would not envision to realistically perform yourself.)

III. Final assignment: The final assignment is closely related to the readings. It is designed to be a practice for the master thesis and carried out in teams of students. Student teams will write a scientific article and properly apply and evaluate panel regressions:

Assignment (15-20 pages + CD):

What is a family firm (FF) according to Anderson & Reeb (2003) and Miller & Le Breton-Miller (2011) (1 page)? How can U.S. S&P 1500 FFs & their CEOs be identified in the data-sources accessible from the University of Mannheim (2 pages)? Collect a panel of U.S. S&P 1500 FFs & non-FFs (1996-today, min. 20 firms each), including CEO data, describing each step (2 pages). Analyze your panel in STATA: How & why do FFs differ from non-FFs in a variable, construct, phenomenon, or event of your choice? Craft a theory-based hypothesis (5 Pages). Test the hypothesis using your panel. Report analysis & results (5 pages). Hand in collection routines, sample, STATA .do & .log file on CD. Violating the upper or lower page limit will result in a grading penalty.

Assignment format: A4, Times New Roman, size 12, double spacing, 2,5 cm margins. References and exhibits are included in the page limit. Assignment deadline: December 1st 2019 at 11:59 a.m. CET. Only assignments handed to the course secretary on time are graded. No extension will be granted.

Attendance: Attendance of each session is mandatory & signature-based. Exceptions will be made for students having an exam or if a medical certificate is provided. Students must attend for a grade.

Syllabus

Session 1, 2 & 3: Introduction.

Date & venue: September 11th (08:30-13:45), in L9, 1-2, room 210.

Assignment of presentation articles depending on course participant numbers. Introduction to course and distribution of presentations & assignments. Introduction to the databases available at the University of Mannheim, brief introduction to STATA. The scientific method, theories of science, and scientific approaches. Summary of undergraduate level econometrics (Wooldridge): Gauss-Markov theorem, MLR & interactions, bias, efficiency, consistency, ANOVA, and fundamentals of probability.

Session 4, 5, & 6: Sociology, Psychology, and Leadership.

Date & venue: September 18th (10:00-15.15), in L9, 1-2, room 210.

Econometrics: Stochastic processes, stationarity and dependency, auto-correlation, time-trends, seasonality, random walks, first-differencing, AR(q) serial error-correlation, feasible generalized least squares, difference in-difference estimator.

Student presentations & discussion 1-4, 35 minutes each.

Readings, question hand-in, & student presentation order:

1. Hambrick, D.C., & Mason, P.A. (1984). Upper echelons: The organization as a reflection of its top managers. Academy of Management Review, 9(2), 193-206.

2. Lee, J. M., Hwang, B. H., & Chen, H. (2017). Are founder CEOs more overconfident than professional CEOs? Evidence from S&P 1500 companies. Strategic Management Journal, 38(3), 751-769.

3. Petriglieri, J. L. (2011). Under threat: Responses to and the consequences of threats to individuals’ identities. Academy of Management Review, 36(4), 641-662.

4. Miller, D., & Le Breton-Miller, I. (2011). Governance, social identity, and entrepreneurial orientation in closely held public companies. Entrepreneurship Theory & Practice, 35(5), 1051-1076.

Tutorial I - Identifying Family Firms & Panel Regressions using STATA (optional).

Date & venue: September 20th (15:30-18:45), in L7, pool-room 158.

The tutorial is tailored to enhance student’s skills to master the core topics of the final assignment.

Session 7, 6, & 9: Management and Ownership for the Long-Run.

Date & venue: September 24th (10:00-15:15), in L9, 1-2, room 210.

Econometrics: Unobserved heterogeneity, pooled OLS, first-differenced estimator, fixed effects estimator, random effects estimator, instrumental variables estimation and 2SLS, heckit estimator. Writing: Introduction to award winning scientific writing (Instructor).

Student presentations & discussion 5-8, 35 minutes each.

Readings, question hand-in, & student presentation order:

5. Anderson, R.C., & Reeb, D.M. (2003). Founding-family ownership and firm performance: Evidencefrom the S&P 500. Journal of Finance, 58(3), 1301-1328.

6. Villalonga, B., & Amit, R. (2006). How do family ownership, control and management affect firmvalue? Journal of Financial Economics, 80(2), 385-417.

7. Chrisman, J.J., & Patel, P.C. (2012). Variations in R&D investments of family and nonfamily firms: Behavioral agency and myopic loss aversion perspectives. Academy of Management Journal, 55(4), 976-99

8. Flammer, C., & Bansal, P. (2017). Does a long-term orientation create value? Evidence from aregression discontinuity. Strategic Management Journal, 38(9), 1827-1847.

Tutorial II - Panel Regressions using STATA (optional).

Date & venue: October 4th (15:30-18:45), in L7, pool-room 158.

The tutorial is tailored to enhance student’s skills to master the core topics of the final assignment.

Session 10, 11, & 12: Social Context, Managerial Values, and Performance.

Date & venue: October 2nd (10:00-15:15), in L9, 1-2, room 210.

Student presentations & discussion 9-14, 35 minutes each.

Readings, question hand-in, & student presentation order:

9. Barber, B.M., & Lyon, J.D. (1996). Detecting abnormal operating performance: The empirical powerand specification of test statistics. Journal of Financial Economics, 41(3), 359-39

10.Pérez-González, F. (2006). Inherited control and firm performance. American Economic Review, 96(5), 1559-1588.

11.Ahrens, J.-P., Calabrò, A., Huybrechts, J., & Woywode, M. (2019). The enigma of the family successor-firm performance relations­hip: A methodological reflection and reconciliation attempt. Entrepreneurship Theory & Practice, forthcoming.

12.Calabrò, A., Minichilli, A., Amore, M. D., & Brogi, M. (2018). The courage to choose! Primogeniture and leadership succession in family firms. Strategic Management Journal, 39(7), 2014-2035.

13.Haynes, K.T., Campbell, J.T., & Hitt, M.A. (2017). When more is not enough: Executive greed and its influence on shareholder wealth. Journal of Management, 43(2), 555-584.

14.Ahrens, J.-P., Kowalzick, M., & Lauterbach, J. (2019). The family firm during firm crisis (working paper).

*** *** ***

• Die Teilnehmer kennen Er­kenntnispotenziale und -grenzen empirischer Forschung in der Betriebs­wirtschafts­lehre.
• Die Studierenden sind in der Lage, einen empirischen Datensatz anhand deskriptiver Statistiken zu beschreiben und einfache Hypothesen zur Struktur der Daten zu testen.
• Die Studierenden kennen das allgemeine Vorgehen bei qualitativen Studien, Experimenten, Befragungen und Studien auf Grundlage von Sekundärdaten.
• Die Studierenden verstehen grundlegende Verfahren zur Analyse von Dependenzstrukturen (insbesondere Varianzanalyse und Regressionsanalyse) und können Ergebnisse dieser Verfahren interpretieren.

• kennen und verstehen sie die Grundlagen der Preispolitik, die in der Mikroökonomie sowie in der Psychologie begründet sind und
• sind sie in der Lage, bezüglich der behandelten Entscheidungs­felder der Produktpolitik fundierte Handlungs­empfehlungen abzuleiten.