BUSI 346 Outline

THE KING'S UNIVERSITY

TERM:

2021-22 Fall

COURSE NUMBER:

BUSI 346

COURSE TITLE:

Family Business

NAME OF INSTRUCTOR:

Dr Gordon Preston

CREDIT WEIGHT AND WEEKLY TIME DISTRIBUTION:

credits 3 (hrs lect 3 - hrs sem 0 - hrs lab 0)

COURSE DESCRIPTION:

Family owned enterprises present unique management issues which will be explored in this course, including: family vs. business value sets, integration of non-family managers, taxation and inheritance, generational transition, exit strategies, governance structures and conflict management issues

REQUIRED TEXTS:

Gersick, K., et al Generation to Generation: Life Cycles of the Family Business, Boston, Harvard Business School Press 1997
Other resources will be made available through the class Moodle site or handed out in class.

MARK DISTRIBUTION IN PERCENT:


Mid-Term Exams (2)	30%
Case Study Project	40%
Final Exam	30%

	100%

COURSE OBJECTIVES:

articulate the principle management issues and potential remedies unique to family owned and/or operated businesses
gain a deeper appreciation of the differences in the family and the commerce systems
evaluate the impact of a Christian worldview on family business

COURSE OUTLINE:

Week 1: Course Introduction and Overview.
Week 2: Ownership Development

Reading: Gersick - Introduction and ch 1

Week 3 & 4: Family Development

Reading: Gersick ch. 2

Levinson, D. (1986) “A Conception of Adult Development”

American Psychologist, v41:1 pp1-8a

Week 5: Business Development

Reading: Gersick ch. 3

Week 6: Mid-term
Week 7: Types of Family Businesses

Reading: Gersick ch. 4, 5, 6

Week 8: Succession

Reading: Gersick ch. 7

Lansberg (2007) “The Tests of a Prince”

Harvard Business Review, v85:9 pp92-101

Week 9: Structures/Governance

Reading: Gersick ch. 8

Week 11: Canadian Tax & Inheritance
Week 12: Mid-term
Week 13 - 14: Case Study Presentations.

Required texts, assignments, and grade distributions may vary from one offering of this course to the next. Please consult the course instructor for up to date details.