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News list

  • Gian-Luca Asquini receives AOM Outstanding Reviewer Award

    For the 83rd Academy of Management Conference in Boston, Gian-Luca Asquini received the outstanding reviewer award for the strategic management division. According to the Academy, this award is given to the top 5 or less percent of reviewers as recognized by authors.

  • Why it’s not enough for your CEO tob e a superstar

    Despite all the media hype around star CEOs like Bob Iger at Disney, Jamie Dimon at JPMorgen, or Elon Musk at Tesla, Dr Marianna Zangrillo and Prof Keil argue in this new article in Fast Company that Smart CEOs and other leaders need to surround themselves with equally strong leadership teams.

  • New Paper by Prof Keil on Inconsistent Performance Feedback in Journal of Management

    The article «(In)Consistent Performance Feedback and the Locus Of Search» co-authored with Evangelos Syrigos, Kostas Kostopoulos, Pino Audia and Felix Meisser develops and tests new theory on multiple goals by developing and testing novel theory on the relationship between performance feedback on multiple goals and the locus of search. The paper draws on ana extends behavioral and self-enhancement theories of how organizations and their decision-makers respond to inconsistent feedback on multiple goals.

  • New Book by Prof Keil on Leadership Teams

    CEOs and organizational leaders are only as strong as the teams they build. And yet it is surprising how little practical advice there is for senior leaders on how to create, build, and optimize their teams. The new book “The Next Leadership Team” by Prof Keil and Dr Marianna Zangrillo provides actionable guidance for senior leaders on this topic. For more information: https://www.thenextadvisors.ch/leadership-team/

  • New paper on CEO succession in Harvard Business manager

    CEO appointments are always controversial and easily trigger negative sentiment among different stakeholders. The new article by Prof Keil (with Dovev Lavie, Stevo Pavicevic, and Marianna Zangrillo) in the May issue of Harvard Business manager discusses how boards and new CEOs can avoid that negative sentiment around the CEO appointment negatively influences the performance of the company.

  • PhD Seminar Hosted by the Chair in International Management - "Corporate Strategy: Advances in the Study of Corporate Development Activities"

    Prof Dr. Xavier Martin, Full Professor at Tilburg University, is visiting the Chair in International Management throughout the Spring 2023 semester. As part of his visiting semester, Prof Xavier Martin will offer a PhD seminar titled as "Corporate Strategy: Advances in the Study of Corporate Development Activities". The three-day seminar will cover corporate strategy topics, including modes of corporate expansion and cooperation.

  • New Paper by Prof Keil on organizational experience accepted at Academy of Management Annals

    The paper provides a review of the research on the impact of organizational experience on subsequent task performance. 

  • New paper by Prof Keil accepted for publication in Organization Science

    The article “When do boards of directors contribute to shareholder value in firms targeted for acquisition? A group information-processing perspective,” co-authored with Stevo Pavicevic (Frankfurt School of Finance and Management) and John Haleblian (University of California, Riverside), has been accepted for publication in Organization Science. The paper draws on group information-processing theory to investigate how target boards of directors may contribute to target value capture during the private negotiations stage in acquisitions.

  • Sangyun Kim receives the Best Paper Award at the Strategic Management Society conference

    A paper by Sangyun Kim and Prof. Hart E. Posen (University of Wisconsin-Madison) has been chosen Best Paper for the Behavioral Strategy Interest Group at this year’s SMS Conference.

    This study ("vicarious experimentation through imitation: evidence from video game sequel releases") examines an underappreciated question in research on imitation: how can innovators learn from being imitated?

  • New article in Academy of Management Review by Prof Keil

    The behavioral theory of the firm is among the most used theories in behavioral strategy. A central idea in the behavioral theory of the firm is that when an organization’s performance falls below aspirations, search is triggered. While this aspiration-based model has dominated the empirical literature, it is only one of two Carnegie School accounts of how firms use performance feedback to regulate behavior. A second model rooted, in later work of March, focuses on the characteristics of the choice alternatives faced by firms and the challenges inherent in evaluating them.

  • New Article by Prof Keil accepted in Administrative Science Quarterly

    The article «The Two Blades of the Scissors: Performance Feedback and Intrinsic Attributes in Organizational Risk-Taking» jointly authored with Xavi Sobrepere, (Barcelona School of Management at Pompeu Fabra University, Spain) and Pasi Kuusela (University of Groningen, Netherlands) has been accepted for publication in Administrative Science Quarterly.

  • New article by Prof Keil in Journal of Management Studies

    The article “Temporal Dynamics in Acquisition Behavior: The effect of Activity Load on Strategic Momentum, co-authored by Professor Keil with Yuval Deutsch (Schulich School of business at York University, Canada), Tomi Laamanen (University of St. Gallen, Switzerland), and Markku Maula, (Aalto University, Finland) has been accepted for publication in the Journal of Management Studies, a European based FT50 journal.

  • Prof Keil’s recent book was shortlisted at UK Business Book Awards

    Prof Keil’s book "The next CEO" co-authored with Dr Marianna Zangrillo has been shortlisted for the 2022 Business Book Awards (https://www.businessbookawards.co.uk/) in the international books category. The Business Book Awards highlight leadership, change and sustainability in business. In 2022 the competition received over 300 submissions.

  • Sangyun Kim joins Chair of International Management from University of Wisconsin, Madison

    Sangyun Kim will join the Chair of International Management  as of October 1 as postdoc. He recently defended his dissertation with the title “New Perspectives on Organizational Learning in Competitive Contexts” at the University of Madison, Wisconsin in the USA. Sangyun will further strengthen the Chair’s research on behavioral strategy and participate in the Chair’s teaching and administration.

    We welcome Sangyun to the team.

  • Dr Xavi Sobrepere joins Barcelona School of Management

    After three years as postdoc at the Chair of International Management, Dr Xavi Sobrepere joins the Barcelona School of Management at Pompeu Fabra University in Barcelona, Spain as assistant professor.

    We wish him all the best in his new role and look forward to continue collaborating with him in his new role. 

  • Recent research by prof Keil featured in Financial Times

    Negative reactions by stakeholders to the appointment of a new CEO can create a long term performance problem for the organization. This article in Financial Times reports on recent research by prof Keil (with Dovev Lavie, Bocconi University and Stevo Pavicevic, Frankfurt School of Finance and Management) in Academy of Management Journal.

  • Recent book by prof Keil nominated among the top ten reads for CEOs this summer.

    The recent book “The Next CEO” (www.thenextceo.ch) written with Dr Marianna Zangrillo has been nominated as a top ten reading for CEOs this summer by Management Today and CEO Today magazine.

  • New Paper on CEO Succession by Prof Keil in Academy of Management Journal

    The appointment of outside CEOs has become increasingly common, with about a third of new CEOs originating from outside the firm. Yet many studies on CEO appointments report that outside CEOs underperform compared to inside CEOs and exhibit higher performance variance. 

  • New publication by Prof Keil in Strategic Management Journal

    The article The Role of Procedural Rationality in Debiasing Acquisition Decisions of Overconfident CEOs co-authored by Professor Keil with Assistant Professor Stevo Pavicevic (Frankfurt School of Finance and Management) has been accepted for publication in Strategic Management Journal.

  • New Book on CEO succession by Thomas Keil and Marianna Zangrillo

    Every year, companies spend billions of dollars in board time and headhunter fees on CEO searches. In fact, by many accounts, the selection of the next CEO is the single most important task of the board of directors. Yet, despite the huge amount of time, money, and attention given to the task, many CEO changes fail, with often disastrous consequences for all concerned.

  • New publication by Prof Keil in Strategic Management Journal

  • Book Chapter on Transformation by Prof Keil

  • Prof Keil joins editorial review board of Organization Science

  • New article on CEO Succession by Prof. Keil in MIT Sloan Management Review

  • Mr Dogan Dalay joins as Postdoctoral Research Associate (Oberassistent) at the Chair in International Management

    The Chair in International Management is pleased to announce the appointment of Mr Dogan Dalay as a postdoctoral research associate (Oberassistent) as of October 1, 2019. 

  • Dr Evangelos Syrigos appointed as Assistant Professor in Corporate Strategy (Tenure Track) at LUISS, Rome

    The Chair in International Management is pleased to announce that Dr Evangelos Syrigos has started a new position as Assistant Professor in Corporate strategy (Tenure Track) at the LUISS, Rome, Italy as of October 1, 2019.

  • New publication by Prof Keil in Journal of Management

    The article «The Pre-Deal Phase Of Mergers And Acquisitions: A Review And Research Agenda» co-authored by Professor Keil together with Professor Tomi Laamanen (University of St Gallen), Assistant Professor Stevo Pavicevic (Frankfurt School of Finance and Management), and Assistant Professor Xena Welch-Guerra (Erasmus University) has been accepted for publication in Jounral of Management, one of the top journals in Management.

  • Prof. Keil elected to the National Research Council of the Swiss National Science Foundation

    Prof. Keil will represent the field of business administration within the Department Humanities and Social Sciences.

  • Prof Keil receives AMJ Best Reviewer Award at Academy of Management Meeting

    At the 79th Academy of Management Conference in Boston Prof. Keil received an AMJ Best Reviewer Award for his service at the Editorial Board oft he Academy of Management Journal (AMJ).

  • Research paper by Prof. Keil in AOM Best Paper Proceedings

    The article “The Target-Side Acquisition Process: Active Boards and Value-Enhancing Negotiation Decisions” co-authored by Assistant Professor Stevo Pavicevic (Frankfurt School of Finance and Management), Professor John Haleblian (UC Riverside) and Professor Keil has been selected for publication in Academy of Management Best Paper Proceedings 2019.

  • Research paper by Dr. Sobrepere and Prof. Keil in AOM Best Paper Proceedings

    The article “Performance feedback and information processing: How do organizations regulate risk-taking?” co-authored by Dr Sobrepere and Professor Keil has been selected for publication in Academy of Management Best Paper Proceedings 2019.

  • New publication by Prof Keil in Organization Science

    The article «Focus in Searching Core-Periphery-Structures» co-authored by Professor Keil together with Assistant Professor Dirk Martignoni (USI Lugano) and Dr Markus Lang (UZH) has been accepted for publication in Organization Science, one of the top journals in Management. The article focuses on how attention in organizational search enables organizations to adapt in complex environments.

  • Dr Pasi Kuusela appointed as Assistant Professor in Organization Studies (Tenure Track) at the University of Groningen

    The Chair in International Management is pleased to announce that Dr Pasi Kuusela has been appointed as Assistant Professor in Organization Studies (Tenure Track) at the University of Groningen as of April 1, 2018.

  • Doctoral Seminar with Prof. Pino Audia, Tuck School of Business

    During June 11-13, 2019 Professor Pino Audia, Tuck School of Business, will visit the Chair of International Management to teach a doctoral seminar on "Self-enhancement and learning from performance feedback". Professor Audia is a leading authority on performance feedback.

  • New practitioner publication by Prof Keil in Business Horizon

    The practitioner article “Strategic Initiative Portfolios: How to Manage Strategic Challenges Better than One at a Time” co-authored by Professor Keil with Associate Professor Sven Kunisch (University of Aarhus), Professor Christoph Lechner (University of St Gallen), and Dr Michael Boppel (Six AG) has been accepted for publication in Business Horizon.

  • Doctoral Seminar with Prof. Albert Cannella Jr., Texas A&M

    During May 2-4, 2019 Professor Albert Cannella Jr., Texas A&M, will visit the Chair of International Management to teach a doctoral seminar on " Upper Echelons and Governance Research". Professor Cannella is a leading authority on corporate governance.

  • Doctoral Seminar with Prof. John Joseph

    During September 26-28, 2018 Professor John Joseph, University of California Irvine, will visit the Chair in International Management to teach a doctoral seminar on " On the Cognitive Design of Organizations".

  • Prof Keil among the top 1.6% most influential authors in strategy textbooks

    A recent study by professor Herman Aguinis and colleagues examined the influence that the research of academic scholars has in strategy practice by looking at how often their work appears in contemporary Strategy and General Management textbooks. We are pleased to announce that Professor Keil was ranked among the top 1.6% of strategy authors out of a total of 6,326 authors as cited in textbooks.

  • New publication by Prof Keil and Dr. Kuusela in Advances in Strategic Management

    The article “Exploration and Negative Feedback –Behavioral Learning, Escalation of Commitment and Organizational Context” co-authored by Professor Keil and Dr. Kuusela together with Professor Nils Stieglitz (Frankfurt School of Finance & Management) has been accepted for publication in Advances in Strategic Management.

  • Stevo Pavicevic appointed as Assistant Professor of Strategy (Tenure Track) at the Frankfurt School of Finance & Management


    The Chair in International Management is pleased to announce that doctoral candidate Stevo Pavicevic has been appointed as Assistant Professor of Strategy (Tenure Track) at the Frankfurt School of Finance & Management as of August 1, 2018.

  • "Renewing Research on Problemistic Search" by Prof Keil and Felix Meissner (together with Prof Hart Posen and Sangyun Kim from the University of Wisconsin) forthcoming in the Academy of Management Annals

    The article "Renewing Research on Problemistic Search - A Review and Research Agenda" has been accepted for publication in the Academy of Management Annals. The paper is authored jointly by Prof Keil and Felix Meissner with Prof Hart Posen and Sangyun Kim from the University of Wisconsin at Madison. Problemistic search is a key concept within the Behavioral Theory of the Firm and describes how organizations learn from performance feedback. The paper synthesizes the extensive literature on the concepts and outlines an agenda for future research. To revitalize research, the authors propose a research agenda premised on a more central role for cognition in the theory and the need for greater emphasis on a process perspective of problemistic search. The full paper can be found on research gate (https://www.researchgate.net/publication/287195123_Renewing_Research_on_Problemistic_Search_-_A_Review_and_Research_Agenda).

  • Research seminar with Prof. Anoop Menon

    Professor Anoop Menon from The Wharton School, University of Pennsylvania visited the Chair in International Management on October 16th, 2017 and presented a paper titled "Bringing Cognition into Value-Based Strategy: Cognitive Capabilities as Sources of Competitive Advantage ".

  • Prof. Keil and Mr. Pavicevic recognized with a “Reviewer Award” at the Strategic Management Society 2017 conference

    We are happy to announce that the leadership teams of the Strategic Management Society’s Behavioral Strategy and Global Strategy interest groups recognized Prof. Keil and our doctoral student Mr. Pavicevic with a “Reviewer Award” at the 2017 SMS conference in Houston TX, USA. Every year, the leadership team of the Strategic Management Society gives this award as a token of the interest group’s appreciation for the time and effort individuals put into writing excellent reviews for papers submitted to the annual conference.

  • Research seminar with Prof. Mike Wrigth

    Professor Mike Wright from Imperial College Business School in London visited the Chair in International Management on October 12th, 2017 and presented a paper titled " Sustaining the Buyout Governance Model: Inside Secondary Management Buyout Boards”.

  • Doctoral Seminar with Prof. John Haleblian

    During June 20-23, 2017 Professor Jerayr 'John' Haleblian, University of California-Riverside, will visit the Chair in International Management to teach a doctoral seminar on "Current Topics in Mergers and Acquisitions Research".

  • New publication by Prof Keil in MIS Quarterly

    The article “Supply-Side Network Effects and the Development of IT Standards” co-authored by Professor Keil together with Ass. Professor Juha Uotila (Warwick Business School) and Professor Markku Maula (Aalto University) has been accepted for publication in MIS Quarterly (MISQ).  This paper develops a model of the development of IT standards as a coevolutionary technological search process by technology suppliers under supply-side network effects and examines how characteristics of the standards development process influence the outcomes of this search process.

  • Stevo Pavicevic receives Best Reviewer Award at the Strategic Management Society conference

  • Doctoral Seminar with prof. Dovev Lavie

    During June 20-22, 2016 Professor Dovev Lavie, Technion, will visit the Chair in International Management to teach a doctoral seminar on "Exploration and Exploitation in Organizations".

  • Research paper by Mr Pavicevic and Prof Keil in AOM Best Paper Proceedings

    The article “Migration and the Choice between Acquisitions and Alliances: an Information Economics Perspective” co-authored by Mr Pavicevic and Professor Keil together with Professor Markku Maula (Aalto University) has been selected for publication in Academy of Management Best Paper Proceedings 2016. In this paper, we investigate global migration as a means of reducing information asymmetry in the context of international entry and expansion. In particular, we argue and empirically show that global migration – which reduces information asymmetries by facilitating information flows between the firm’s home and host countries – increases the likelihood of a focal firm choosing an acquisition over an alliance. Our findings contribute to the literature on information economics and extend our understanding of migration’s role in international management.

  • Research seminar with Michael J. Leiblein

    Chair in International Management is organizing a research seminar under the title "Cognition and Strategic Factor Markets" by Professor Michael J. Leiblein, The Ohio State University. The seminar will be held on May 17th, 2016, 14:00-16:00 at the University of Zurich, room KOL-G-222.

  • New publication by Dr. Kuusela and Prof. Keil in SMJ

    The article “Driven by aspirations, but in what direction? Performance shortfalls, slack resources and resource-consuming vs. resource-freeing organizational change” co-authored by Dr. Kuusela and Professor Keil together with Professor Markku Maula (Aalto University) has been accepted for publication in Strategic Management Journal (SMJ).

  • Stevo Pavicevic receives SRF Dissertation Research Award by Strategic Management Society

    We are happy to announce that our doctoral candidate Stevo Pavicevic received a prestigious Dissertation Research Award by the Strategy Research Foundation of the Strategic Management Society for 2015. Every year SRF awards research grants to young strategy scholars selected in a competitive application and review process. The purpose of the Dissertation Research Program is to aid the development of scholars who generate new knowledge in the field of strategic management. 

  • New publication by Prof. Keil and Dr. Syrigos in ETP

    We are happy to announce that Dr Syrigos and Prof Keil publish an article in Entrepreneurship Theory and Practice journal titled "CEO Entrepreneurial Orientation, Entrenchment, and Firm Value Creation". 

  • Stevo Pavicevic presents his work in the 35th Strategic Management Society Annual International Conference in Denver (USA)

    We are happy to announce that our doctoral candidate Stevo Pavicevic presented in the Strategic Management Society 35th Annual International Conference 2015 in Denver (USA) his work titled "Global Migration and the Choice Between Acquisitions and Alliances" coauthored by Professor Thomas Keil (Chair in International Management) and Professor Markku Maula (Aalto University).

  • Prof Keil receives award as AMJ Editorial Board Outstanding Reviewer

    At the 75th Academy of Management Conference in Vancouver Prof. Keil received an Editorial Board Outstanding Reviewer award for his service at the Academy of Management Journal (AMJ). 

  • Prof Keil named as Senior Editor at Entrepreneurship theory & Practice

    As of September 1, 2015, Prof Keil has been named Senior Editor at Entrepreneurship Theory & Practice (ET&P). ET&P is one of only two entrepreneurship journals on the Financial Times 45 list of top management journals. 

  • Research seminar with Todd Zenger

    Professor Todd R. Zenger from Olin Business School visited the Chair in International Management in June 18-19, 2015 teaching a PhD workshop titled "Recent Topics in Strategy and Organizational Design".

  • Swiss National Science Foundation (SNF) grants research funding to the Chair in International Management

    The Chair in International Management has received a grant from the Swiss National Science Foundation (SNF) for the research project titled "How do resources and demand-side factors affect the resource value in new product development projects?".

  • New publication by Prof. Keil in SMJ

    The article "Customer-specific synergies and market convergence" that Prof. Keil co-authored with Asst. Prof. Jens Schmidt (Aalto University) and Prof. Richard Makadok (Emory University) has been accepted at Strategic Management Journal (SMJ). The paper contributes to theories of competitive advantage and firm scope. 

  • Prof. Thomas Keil in the Handelsblatt's Lifetime ranking

    Prof. Keil's focus on top journals gets recognized in the latest Handelsblatt's Lifetime ranking of Professors in Business Administration.

  • Prof. Thomas Keil to join the Editorial Review Board of Strategic Entrepreneurship Journal

    As of January 2015, Professor Thomas Keil will join the Editorial Review Board of Strategic Entrepreneurship Journal (SEJ) for an initial term of 3 years. 

  • Dr. Syrigos presents his work in the 34th Strategic Management Society Annual International Conference in Madrid

    We are happy to announce that our team member Dr. Evangelos Syrigos presented in the Strategic Management Society 34th Annual International Conference 2014 in Madrid his work titled " Resource-Based and Demand-Side Drivers of Resource Value in Innovation Projects" coauthored by Professor Thomas Keil (Chair in International Management) and Konstantinos Kostopoulos (University of Piraeus).

  • Dr. Syrigos presents his work in the Annual Meeting of Academy of Management 2014 in Philadelphia

    We are happy to announce that our team member Dr. Evangelos Syrigos presented in the Annual Meeting of Academy of Management 2014 in Philadelphia his work titled " Controlled Risk Taking as a Driver of Value Creation" coauthored by Professor Thomas Keil (Chair in International Management) and Professor Markku Maula (Aalto University).

  • Research seminar with Nils Stieglitz

    Chair in International Management is organizing a research seminar under the title "Searching in Team: An Experimental Study of Aggregation and Incentives" by Professor Nils Stieglitz, Frankfurt School of Finance and Management. The seminar will be held on November 11th, 2014, 09:00-10:45 at the University of Zurich, room KOL-G-210.

  • Research seminar with Phanish Puranam

    During September 1-3, 2014 Professor Phanish Puranam, INSEAD, will visit the Chair in International Management to conduct a doctoral seminar on "The Micro-Structural Approach to Organization Design". 

  • Another successful article in SMJ

    The article "Growth and Survival: The Moderating Effects of Local Agglomeration and Local Market Structure", that Prof. Keil co-authored with Aviad Pe'er (Rutgers University) and Ilan Vertinsky (University of British Columbia) has been accepted for publication in the Strategic Management Journal (SMJ). 

  • Research seminar with Sendil Ethiraj

    During August 13-15, 2014 Professor Sendil Ethiraj, London Business School, will visit the Chair in International Management to teach a doctoral seminar on "Contemporary Puzzles in Strategy Research". 

  • New publication: Ambidexterity and Unit Performance

    We congratulate Dr. Evangelos Syrigos for his publication in Human Resource Management titled "Ambidexterity and Unit Performance: Intellectual Capital Antecedents and Cross-level Moderating Effects of Human Resource Practices" and coauthored with Konstantinos Kostopoulos (University of East Anglia) and Nikos Bozionelos (Audencia Nantes Ecole de Management).

  • Research seminar with Denis A. Grégoire

    On June 10th 2014, Denis A. Grégoire from HEC Montreal visited and presented his recent research on internationalization decisions in a research seminar attended by doctoral students, postdocs and faculty.

  • Dr. Syrigos presents his work in MTEI research series at EPFL

    We are happy to announce that our team member . Evangelos Syrigospresented in MTEI research series at EPFL his work titled "Managerial Evaluation of Resource Value – Standalone Value, Complementary Resources, and Market Structure" coauthored by Professor Thomas Keil (Chair in International Management) and Konstantinos Kostopoulos (University of East Anglia).