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2020 | Book

Introduction Read chapter Read first chapter

Value-Based Management in Mittelstand

The Relevance to Strategic Decision-Making, Objectives, and Attitudes

Author: Dr. Carola Normann-Tschampel

Publisher: Springer Fachmedien Wiesbaden

Book Series : Familienunternehmen und KMU

Part of: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft"

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About this book

In this book Carola Normann-Tschampel develops an enhanced understanding of the relevance of Value-Based Management (VBM) to management practice in Mittelstand. A theory-practice gap is identified based on a unique overview of the field of research. The empirical investigation focuses on three specifically identified areas of management (strategic decision-making, objectives, attitudes) and uses a specific research approach. The insights gained from taking an interpretive stance towards owner-managers’ practical experience provide a valuable basis to further address the overall research gap.

Table of Contents

Frontmatter
Chapter 1. Introduction
Abstract
Small- and medium-sized entities (SMEs) are a worldwide phenomenon. In Germany, a related, but slightly different sort of company is crucial for the economy, Mittelstand. Mittelstand is distinct, as there is a unity of ownership and management.
Carola Normann-Tschampel
Chapter 2. Literature review
Abstract
The literature review will cover different topics to provide a basis for the empirical study. Firstly, section 2.1 will outline different facets of Mittelstand as specific phenomenon to be researched. Secondly, a brief introduction to value-based management will be provided in section 2.2.
Carola Normann-Tschampel
Chapter 3. Research approach
Abstract
In this chapter the methodological approach chosen to achieve the aim of research and to address the research questions is outlined. The terms “research approach” and “methodological approach” will be used as synonyms in the following to describe the purpose of the research and the approach that will be used to achieve this purpose. The research approach includes reflections and decisions on different levels.
Carola Normann-Tschampel
Chapter 4. Findings and discussion
Abstract
Firstly, this chapter describes the sample of the empirical study (section 4.1). Then, the findings gained in the relevance of VBM in specifically identified areas of management will be outlined and discussed. This starts with the findings in relation to strategic decision-making (section 4.2).
Carola Normann-Tschampel
Chapter 5. Conclusion
Abstract
This chapter provides a synthesis of the key findings and contributions of the research project. Furthermore, it addresses implications and limitations of the research as well as avenues for further research.
Carola Normann-Tschampel
Backmatter
Metadata
Title
Value-Based Management in Mittelstand
Author
Dr. Carola Normann-Tschampel
Copyright Year
2020
Electronic ISBN
978-3-658-29228-7
Print ISBN
978-3-658-29227-0
DOI
https://doi.org/10.1007/978-3-658-29228-7