Value-Based Management in Mittelstand: The Relevance to Strategic Decision-Making, Objectives, and Attitudes

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(Familienunternehmen und KMU) 1st ed. 2020 Edition 

by Carola Normann-Tschampel (Author) 

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.