In the defence the doctoral students prove whether they have fulfilled the requirements of the dissertation.

The defence can be held when the dissertation has been recommended for acceptance in the written appraisal of the supervisors and each supervisor has awarded a minimum grade of 4.0.

The Doctoral Examination Board holds the defence and determines which grade is awarded.

• Finanzwirtschaftliche Steuerungskonzepte.
• Investitionen, Finanzierungen, Ausschüttungen.
• Finanzierungsstruktur und Verschuldungspolitik
• Investitionsmanagement.
• Währungs- und Risikomanagement.

• Kennzahlen und Kennzahlensysteme.
• Stakeholderorientiertes Performance Measurement und Reporting.
• Interne Management Informationssysteme (Management Reports).
• Basel II, Ratings und der Einfluss auf die Kapitalbereitstellung.

• Abgrenzung und Definition einer Forschungsfrage zum Themenbereich finanzielle Führung.
• Aufstellen eines Forschungsdesigns zur Operationalisierung der Forschungsfrage.
• Forschungsrelevante Literatur zur Beantwortung der Forschungsfrage aufarbeiten.

• Konzepte der finanziellen Unternehmensführung in Famlienunternehmen anwenden können.
• Die Rolle der Familie in der finanziellen Führung von Familienunternehmen verstehen.
• Investitionen bewerten und hierauf aufbauend Investitionsentscheidungen in Familienunternehmen treffen.
• Die Kalküle zur unternehmerischen Risikobewältigung in Familienunternehmen kennen, verstehen und anwenden.
• Methoden des Währungsrisikomanagements in Familienunternehmen anwenden, verstehen und umsetzen.

• Messung, Berichterstattung und Beurteilung der Unternehmensleistung darstellen können - sowohl für externe Anspruchsgruppen als auch im Innenverhältnis einer Familienunternehmung.
• Bedeutung des Performance Reportings aus Perspektive des Unternehmers und aus der Sicht anderer Stakeholder erklären.
• Theoretisches Wissen über Management Reportings im unternehmerischen Kontext eines Familienunternehmens anwenden.
• Interaktion mit Unternehmern üben - insbesondere im Hinblick auf Anforderungen und Ziele.
• Unternehmerisches Denken in unternehmerisches Handeln umsetzen.
• Projektorientiertes Arbeiten im Team (mit Zeitplan, Zielen, etc.) fördern.

• Methoden der Sozialforschung im Überblick darstellen.
• Forschungsfragen ableiten und definieren.
• Forschungsrelevante Literatur suchen und analysieren.
• Theorien, Modelle und Thesen eines Forschungsgebietes erklären.
• Forschungsdesign mit Variablennetz entwickeln.

Für sämtliche Lehrveranstaltungen in diesem Major-Modul gilt PRÄSENZPFLICHT!

Die Modulnote setzt sich zu 50% aus der schriftlichen Prüfung (120 Minuten) der Lehrveranstaltung finanzielle Unternehmensführung und zu 50% aus dem Projekt Performance Reporting zusammen.

• International Market Environment

(Insights into International Marketing, Trade Organisations and Trade Policy, Intercultural Aspects, Economic Environment, Political and Legal Framework Conditions).

• International Market Entry and Development of Markets

(Organisation, Implementation and Control, Market Research, Market Entry and Expansion).

• Export Marketing Mix

(Product Adaptation, Pricing, Marketing Communication, Distribution Management).

• Global Marketing Mix

(Global Product Management and Global Brand Development, Global Services, Global Logistics and Purchasing, Global Pricing, Global Communication Policy).

During the educational journey “Discover New Markets” the lecture content is intensified and deepened through treatment of business problems resulting in the following leaning outcomes and requisite skills:

• The educational journey “Discover New Markets” provides the participants with practically relevant insights into internationalisation in new, developing markets. The study trip is conducted for example in China, India, Latin America, Scandinavia on an alternating basis.
• Through university lectures and talks with entrepreneurs, the students are provided with insight into the most significant influential factors impacting business dealings in a selected international market.
• The students are taught practically relevant implementation processes for internationalisation, including explanations of country-specific business customs, negotiation practices, intercultural particularities, market entry strategies and shifting of individual units in the value added chain.

Social and Methodological Skills

• The students receive the opportunity of directly applying their knowledge accrued from the lectures to everyday business dealings in a foreign destination.
• The students practice their intercultural skills in direct contact with foreign cultures and market conditions.

During the educational journey “Discover New Markets” the lecture content is intensified and deepened through treatment of business problems resulting in the following leaning outcomes and requisite skills:

• The educational journey “Discover New Markets” provides the participants with practically relevant insights into internationalisation in new, developing markets. The study trip is conducted for example in China, India, Latin America, Scandinavia on an alternating basis.
• Through university lectures and talks with entrepreneurs, the students are provided with insight into the most significant influential factors impacting business dealings in a selected international market.
• The students are taught practically relevant implementation processes for internationalisation, including explanations of country-specific business customs, negotiation practices, intercultural particularities, market entry strategies and shifting of individual units in the value added chain.

Social and Methodological Skills

• The students receive the opportunity of directly applying their knowledge accrued from the lectures to everyday business dealings in a foreign destination.
• The students practice their intercultural skills in direct contact with foreign cultures and market conditions.

Examination through a pretest before the start of the course (50%) plus evaluation of project work and engagement during the program (50%).

This course is designed to give first year PhD Students an aid for their academic endeavour. Just like in Research Design, the focus lies on methodological competences. At the same time, however, this course also aims at techniques rather than design strategies. The objective is to provide core compentences on how to craft a scientific text properly. Due to the concept of peer-monitoring applied in this course also social competencies will be trained.

During the first year students will be working on their academic writing style, they will be made familiar with normative writing styles and ways to publish tackling various kinds of genres, and they will help and learn from each other through peer-monitoring activities. As a base sample texts will be used and the texts students will be producing will be worked on. The course is built on four pillars:

• Text Coaching:
  How to write academically: spelling, grammar, academic vocabulary, numbers, abbreviations, tables, figures, etc.
• Knowledge Management:
  Working with databases, literature management softwares, etc.
• Publishing:
  How to write and publish various genres: abstracts, research papers, articles, data commentaries, reviews, project proposals, formatting, etc.
• Peer-Mentoring:
  Giving and receiving feed-back, presenting and reviewing, considering peer-feedback, joint writing activities, etc.

During the course, students will maintain a blog which they will be feeding with weekly entries about their research activities and they will comment on two other PhD Students' blogs. This way, they will structure their thoughts and ideas and it will stimulate transparency and exchange about what they individually and what peer-students are working on. This will help learning how to give and receive feed-back, and it will be monitored by supervisors helping in giving individualised feed-back.

At the end of the course students will hand in a portfolio containing all the texts they have written and the blog entries and comments they will have made.

During the course, plenary speakers will be invited from various fields organising a workshop with students on particular issues of academic writing in genre-specific areas.

Workshops, one-on-one and think-pair-share sessions, individual and guided e-learning.

Students will be acquainted with principles of academic writing, normative writing, publishing, and peer-mentoring.

By the end of the course they will be able to make use of academic vocabulary, they will be able to discuss texts, tables, charts, and figures, and they will be sensitised about their personal and academic command of the English language.

They will be familiar with reference management systems, working with databases, formatting written texts, and academic values.

They will know principles of certain academic genres, like abstracts, research papers, articles, data commentaries, reviews, project proposals, etc.

They will be able to give and consider peer-feed-back, present and review, and they will be able to carry out joint writing activities, etc.

Assessment modalities split up into the three parts "Text Discussion" (1), "Participation in Discussions" (2), "Regular Blog Updates" (3).

The parts are specified as follows:

1. Text Discussion:
Each participant engages actively into a 45-minute-text-discussion-phase about a text of a fellow student; Each participant delivers a text to be discussed jointly.

2. Each participant must at least take part into the discussion of five texts.

3. Each participant must blog once a week and deliver at least two peer-feedbacks on other fellow students' blogs once a week.

In the research proposal, the dissertation project is to be described in the form of a research plan including details of the methodical approach. At the colloquium on the research proposal, the doctoral students present their thesis project and justify their methodical approach.

Details are listed in the Regulatory Statutes for the Doctoral Degree Programme.

The supervisor and the co-supervisor decide on the acceptance of the research proposal and recommend a grade.

This module serves manifold competences: As a doctoral consortium it aims at deepening both, methodological and professional research skills of the students. In addition, it is designed to foster the international profile of their work.

By means of submitting their work to an internationally reknown doctoral consortium the students learn how to position themselves in a highly competitive environment.

Since successful applications are invited to be discussed by a selective academic committee the doctoral consortium also serves to further develop the communicative and social competences of the students.

Students' participating in a doctoral consortium arranged in the context of an internationally well-regarded information systems conference, therein share both the main contents of and progress in their own researches. Moreover, they benefit from listening to the other students' experiences and results and receive valuable feedback of the consortium chairs and student participants.

Students will be assisted by lecturers of the Institute of Information Systems at the University of Liechtenstein in preparing their proposal and application for the doctoral consortium. Accepted students will take part in the consortium. Also a reflection of the lessons learned at the consortium together with the lecturers at Liechtensetin is part of the module.

The primary objective of the doctoral consortium is to present and defend the PhD students' research in a competitive and international scientific environment.

The students will be assessed in this module through:

• Competitive Selection Process of the docotral consortium
• Research paper submitted to the doctoral consortium
• Assessment by the Professors discussing the proposal at the doctoral consortium

Module availability:
On application at an internationally renown doctoral consortium, e.g. at ICIS, International Conference on Information Systems; ECIS, European Conference on Information Systems; AMCIS, American Conference on Information Systems or ACIS, Australasian Conference on Information Systems.

This project-based, individually tutored module aims at fostering academic and reflective professional competencies. A reflective and critical understanding of theories of sustainability in Architecture, Planning and Development is developed by students in order to convey a solid background for better understanding the theoretical setting of their discipline.

Individual tutorial guidance; self-study; presentation and paper by students

Students will be able to:

• gain an overview about various theories of sustainability and its history
• critically review and discuss different theories of sustainable practice
• apply theories of sustainability as guiding theoretical framework to individual thesis topics and research questions
• be successfully examined by a group of academics in a presentation and paper submission at the end of the tutorial recherche

The students will be assessed in this module through:

• paper (5000 - 7000 words)
• presentation of paper

This module helps the student to further broaden and intensify his knowledge and methodological skills needed for his dissertation.
This module could focus on Banking, Finance or Taxation.

Lecture or seminar or self-study, possibly combined with preparation and presentation of a paper.

Based on lectures offered on the master's level, this module helps to enable the student

• to further intensify the existing knowledge and methodology needed for the dissertation project;
• to independently develop a research concept for specific research questions;
• to develop, analyze and synthesize new complex ideas;
• to develop the scientific and/or cultural progress for an academic or non-academic environment.

Students will be able to:

• Have an advanced and intensified overview on specific topics needed for the dissertation project;
• Develop their own research project;
• Apply the methodological structures of these specific topics for their dissertation project.

The students will be assessed in this module through:

• competitive selection process of the research seminar
• specific mechanisms of the research seminar

Module availability:
On application at an internationally renown PhD program, such as organised e. g. by London School of Economics, University of Constance, Zürich, St. Gallen, Innsbruck.

• Kreditfinanzierung aus Perspektive des Unternehmens und des Firmenkundenberaters.
• Finanzanalyse als Grundlage der Kreditfinanzierung.
• Verschuldungspolitik als Werttreiber.
• IPO - Chancen und Risiken für KMUs.
• OTC-Handel, Book-Building, Zeichnung und Zuteilung der Wertpapiere.
• Mezzanine Finanzierung.

• Grundlagen der nationalen und der internationalen Besteuerung von Unternehmen in Liechtenstein, Deutschland, Österreich und der Schweiz.
• Einfluss der Europäischen Integration auf die internationale Besteuerung von Unternehmen.
• Unterschiede in der internationalen Steuerbelastung von Unternehmen.
• Besteuerung der Umstrukturierung eines Unternehmens, insbesondere der Rechtsformwahl, Akquisition, Zusammenschluss und Entflechtung.
• Besteuerung der Internationalisierung eines Unternehmens im speziellen Niederlassungen und Tochtergesellschaften.

• Verschiedene Mögichkeiten der Wachstumsfinanzierung kennen.
• Verschuldungspolitik als Werttreiber anwenden.
• Finanzanalyse durchführen und auf Basis dieser, die Kreditwürdigkeit eines Unternehmens einschätzen.
• Die Mechanismen eines IPOs verstehen.
• strukturierten Finanzierung für ein Wachstumsunternehmen entwickeln.

• Nationale und internationale Besteuerung von Unternehmen verschiedener Rechtsformen in Liechtenstein, Deutschland, Österreich und der Schweiz darlegen.
• Regelungen des Europäischen Steuerrechts und dessen Einfluss auf die internationale Besteuerung von Unternehmen aufzeigen.
• Verschiedene Methoden zur Ermittlung der Steuerbelastung von Unternehmen sowie verschiedene Möglichkeiten und Grenzen der nationalen und der internationalen Steuerplanung darstellen.
• Steuerliche Aspekte eines Unternehmens in der Wachstumsphase, insbesondere Rechtsformwechsel, Akquisition, Zusammenschluss und Entflechtung, sowie Niederlassungen und Tochtergesellschaften analysieren.
• Wachstumsbesteuerung an einer konkreten Fallstudie umsetzen.

Die Modulnote setzt sich zu 70% (90 Minuten) aus der schriftlichen Prüfung der Lehrveranstaltung Growth Capital und zu 30% (30 Minuten) aus der schriftlichen Prüfung Wachstumsbesteuerung zusammen.

This module aims at supporting methodological competences of knowledge discovery and creation. In particular, students will be given a introductory overview of different research strategies and research methods to broaden their expertise and to assist them composing their own tailored research design.

The subjects that are likely to be covered include:

• Research Design
• Analytical and Experimental Evaluation of Research
• Survey Research
• Qualitative Methods
• Case Study and Action Research
• Mixed Methods Approach
• Design Science Research
• Theory Building
• Literature Review
• Research Methods for the Built Environment

self-study; presentation and paper by students

• Basics in research design, hypotheses and their verification, the role of theory and the concept of causality.
• Basics in quantitative and qualitative methodology and mixed focuses.
• Basics in observational and experimental methodology.

Students will be able to:

• gain an overview about currently used empirical methods
• review and qualify empirical articles from a diversity of fields
• choose the right design for their thesis

The students will be assessed in this module through:

• paper (3000 words)
• presentation of paper