AIDAF-EY Chair in Strategic Management in Family Business in Memory of Alberto Falck
Carlo Salvato is professor of strategy, entrepreneurship, and family business at Bocconi University, where he currently serves as Dean of the Graduate School and Deputy Rector. At Bocconi, he is also a fellow of the ICRIOS Research Center. He holds a PhD in Business Administration and Management from Bocconi University and a PhD in Entrepreneurship and Management from Jönköping International Business School in Sweden.
His research focuses on organizational capabilities, with an empirical emphasis on family firms. He has published papers in journals such as Administrative Science Quarterly, Journal of Management, Organization Science, and Strategic Management Journal.
Held by - Carlo Salvato
Joint Purpose
The AIDAF-EY Chair in Strategic Management in Family Business in Memory of Alberto Falck was established in 2014 from the experience of the previous "AIDAF Alberto Falck Family Business Strategy Chair," set up in 2004 by Bocconi University. It aims to highlight the important role that the family business model plays both in Italy and internationally, as well as to study its specifics. The AIDAF-EY Chair, the first of its kind established in Italy, is supported by AIDAF (the Italian Association of Family Businesses), EY (Ernst & Young) and a pool of well-known family businesses in Italy. It is dedicated to the development of research, teaching and participation in institutional activities related to family businesses. The AIDAF-EY Chair and Bocconi University are a fundamental point of reference on these issues both nationally and internationally.
Core Activities
Research
The AIDAF-EY Chair in Strategic Management in Family Business in Memory of Alberto Falck focuses its research efforts on the field of family business and entrepreneurship by contributing to the publication of articles, books, research reports and case studies. In particular, it has investigated - among numerous lines of research - the conditions and determinants of a successful business strategy, effective family and corporate governance, a succession process functional to the development of the company, and collaboration between family owners and non-family managers. With the support of AIDAF and Unicredit, the Chair also established its first Observatory in 2009 (AUB, acronym of AIDAF-Unicredit-Bocconi and also supported by the Italian Stock Exchange, Milan-Monza-Brianza and Lodi Chamber of Commerce and the Angelini Foundation) on all Italian family businesses with turnover exceeding €20 million. The AUB Observatory currently consists of the most complete and extensive research available in Italy on family-run Italian companies, and has the ambitious goal of representing the state of the art in terms of empirical knowledge on the leading family businesses in the country. The Chair is a member of IFERA (International Family Enterprise Research Academy) and FBN (Family Business Network) and contributed to the foundation of ITFERA (Italian Family Enterprise Research Academy).
Dissemination
The activities of the AIDAF-EY Chair in Strategic Management in Family Business in Memory of Alberto Falck are further enriched by the dissemination of Professor Salvato’s and the AUB Observatory’s research findings, through participation in and organisation of international conferences and workshops for researchers, entrepreneurs, and managers of family businesses. Of particular importance was the proposal for a self-regulatory code for non-listed family-controlled companies in 2017 and the organization of the Family Business - Festival Laboratory of Family Businesses, organized together organized by AIDAF (Italian Association of Family Businesses), Corriere della Sera, and L’Economia.