Institute: Szervezési és Vezetési Intézet (1081 Budapest, Népszínház u. 8.) Credit: 2
Type of classes: Nappali Language: angol Semester: 2016/17/1
 
Level: ERASMUS; Kritérium tárgy;
 
Responsible Teacher: Dr. Marosi Ildikó Teacher(s): Borbás László; Dr. Marosi Ildikó;
 
Pre requirements: angol nyelvi elõkövetelmény
Consultations (total/week): Heti Lectures: 1 Practice lectures: 1 Labs: 0 Consultations: 0
 
Type of Exam: félévközi jegy
 
Aim of the subject: The purpose of the course is to increase the awareness of students of the double nature of family businesses. By providing a short insight into the
basics of
SMEs and the characteristics of different types of families, students will be able to identify the family businesses’ most important mechanisms,
their strengths
and weaknesses, and undertand their underlying principles.
Requirements during the semester
(homeworks, essays,
excercises, teamworks,
presentations,
part and final
oral/written exam etc.):
Individual student’s presentation
 
Week of
semester
Topics of lectures/practices
1. Definitions and theories about Family Busninesses
2. Importance of Family Firms in the national and world economies
3. Classification of FBs, types of Family Businesses
4. EU’s policy for the Family Business
5. Hungarian FB policy. Available funds and subsidies for family firms.
6. Foundation of FBs. Motivation factors of the founders.
7. Life cycles of family firms. Challenges and conflicts in running the business.
8. Strategic planning and financing of family businesses. The role of equity , bank loans and risk capital.
9. Questions of management in FBs. Impulsion vs professionalism.
10. Innovation and growth in FBs.
11. Will anybody follow? Succession problems in family firms.
12. Internationalisation of family firms. Success stories abroad.
13. Values in families and family businesses. CSR or hard capitalism in FBs?
14. Students’ presentations
 
Type of evaluation,
repetition, calculation
of grade, etc.
The final grade is the mean of two marks. The mark for the theory is given for the written examination paper which is due on the week before the last one of the semester (0-50% failed, 51-62% pass, 63-75% satisfactory, 76-87% good, 88-100% excellent.
The second mark is given on the student’s presentation.
Retake of the exam or going for better mark are possible on the 14th week.
Type of evaluation,
repetition, calculation
of grade, etc.
The final grade is the mean of two marks.
 
Compulsory literature: Compulsory literature:
1.Overview of Family Business Relevant Issues Final Report. KMU Forschung Austria.Vienna 2008.
http://ec.europa.eu/enterprise/policies/sme/files/craft/family_business/doc/familybusiness_study_en.pdf
2. Overview of Family Business Relevant Issues Country Fiche Hungary. KMU Forschung Austria.Vienna 2008.
http://ec.europa.eu/enterprise/policies/sme/files/craft/family_business/doc/familybusines_country_fiche_hungary_en.pdf
3.Slides of the lecturer
Suggested literature: Supplemental literature:
http://phd.lib.uni-corvinus.hu/4/1/balint_andras.pdf
http://www.kpmgfamilybusiness.com/category/philanthropy/
Marosi, I.: Characteristics of Hungarian Family Business - Issues of Management and Succession through the Looking Glass of Stewardship Theory?
In: Thi Minh Ly Pham, Jindrich Soukup, Dao Phan, Minh Tuan Phung (szerk.) Proceedings of the 2nd International Conference on Finance and Economics :
ICFE 2015. Konferencia helye, ideje: Ho Chi Minh City, Vietnam, 2015.06.04-2015.06.06. Ho Chi Minh City: Ton Duc Thang University, 2015. pp. 610-
624. (ISBN:978-80-87990-04-9)
Marosi Ildikó, Duong Van Thinh: Why Can Vietnamese Family Businesses Operate as Social Responsible Entrepreneurs SCIENCE JOURNAL OF BUSINESS AND
MANAGEMENT 4:(1-1) pp. 22-28. (2016)

http://www.fbn-i.org
http://www.pwc.com/gx/en/pwc-family-business-survey/index.jhtml
Methods of
quality assurance
of the subject :
TÜV CERT EN ISO 9001:2000