Ruka, Pyhä, Aava, Pikkujätti – Kari Jussi Aho and his siblings are the second generation steering their family business
‘Ownership should be everyone's business and on everyone's agenda’
‘The professorship in ownership has been a unique project. The establishment of endowed professorships is usually supported by only a few foundations or companies, but this project had an exceptionally large number of different donors,’ says Timo Korkeamäki, Dean of School of Business.
‘Without significant donations from large foundations and companies, establishing the professorship would naturally not have been possible. It was also wonderful to see how individuals and various companies and associations were so excited to support the professorship.’ Korkeamäki is particularly pleased that the donors represent different forms of ownership from family companies to venture capital investors.
Samuli KnüpferOwnership and the impact of its various forms on companies and the economy are close to my heart.
Samuli Knüpfer, D.Sc. (Econ.), who started as a Professor in Ownership in March 2022, moved to Aalto University from BI Norwegian Business School in Oslo, where he worked as a Professor of Finance. Before that, Knüpfer worked at the London Business School and as a visiting scholar at the University of California at Berkeley, and at the Aalto University School of Business.
In addition to teaching, Knüpfer has led the doctoral programme in finance, supervised doctoral candidates and coordinated the work of several research groups. Among other things, he specialises in understanding household investment and saving decisions and their impact on economic activity. He has also studied the characteristics of CEOs and their impact on companies’ decision-making and success.
‘It’s wonderful to return to Finland to teach and do research within the framework of such a unique project. The endowed professorship shows that ownership is of interest to several parties in Finland. Ownership and the impact of its various forms on companies and the economy are close to my heart,’ says Knüpfer.
Tero LuomaThe professorship in ownership is a significant investment in ownership expertise for future generations.
‘The professorship in ownership is a significant investment in ownership expertise for future generations. I wish to thank everyone who supported the project and Aalto University for their excellent cooperation. The entire process and Knüpfer’s appointment prove that Aalto University is the best home for this professorship,’ says Tero Luoma, the originator of the professorship project and the author of a book on ownership.
President of Aalto University Ilkka Niemelä warmly thanks Luoma and Lari Raitavuo who found supporters for the project, and each donor who made the professorship possible. ‘It’s an honour to establish Finland’s first professorship in ownership at Aalto. Without the donors and initiators of the project, the establishment of the professorship wouldn’t have been possible. Together we’ve achieved something new and unique,’ says Niemelä.
Text: Helena Salminen
‘Ownership should be everyone's business and on everyone's agenda’
The professorship in ownership has been established with donated funds.
The professorship, established with donated funds, promotes high-quality academic research and teaching as well as Finnish ownership expertise and the culture of ownership.