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A b s t r a c t A change of the school principal's role was marked as one of the most important catalysts in reforming Finnish educational system, the world leader in terms of learning results and students' achievements. Two factors have influenced the change of principal's role in schools in Finland: 1) rapid economic growth generated by technological innovation; and 2) the process of municipalization. Keywords: principal's role, prosperity, process of municipalization. R e z i m e Promenadoi:10.32728/mo.05.1.2010.07 fatcat:drlge3gvazfqnh7n73dguikrte