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Title:     An examination of entry and performance in the impact investing field
Authors:     Lungeanu, R., & Weber, K.
Date:     2017
Detail:     Abstract: We Examine The Factors Affecting Impact Investor Decision To Enter The Impact Investing Field And The Performance Of Their Investments For The Period 1997-2015. We Examine Several Individual And Firm Level Attributes That We Believe May Lead To A Specific Focus On Impact Investing And Be Associated With Performance Benefits. Specifically, We Examine The Investor's Prior Experience, Investor's Degree Of Association To Impact Versus Traditional Investing Principles, And Investor's Specific Values And Behaviors. This Way, We Are Able To Discern Whether Investing In Impact And Subsequent Performance Are The Result Of Holding Specific Values, Or Simply Reflect Competitive Moves To Diversify And Spread Risks.

Status: Data Collection In Progress


Title:     An institutional analysis of the field of impact investing, 1970-2010
Authors:     Lungeanu, R., & Weber, K.
Date:     2017
Detail:     Abstract: We Trace The Historical Roots Of Impact Investing From Earlier Socially Responsible Investment And Venture Capital Models. We Offer A Historical Institutional Analysis Of The Field Based On A Mixed Methods Approach That Combines Statistical Text Analysis With Interviews And Archival Data. The Contribution Of This Paper Is In Addressing The Question Of How The Logics Of Financial Investing And Contributions To Social Issues Have Been Reconciled And Legitimated In Practice. The Answer Rests On Path Dependent Processes And Much As On Institutional Entrepreneurs' Efforts.

Status: Presented At The Sustainability, Ethics, And Entrepreneurship Conference In Puerto Rico, 1-2 March 2017


Title:     Building organizational identification in family firms: The importance of servant leadership practices and the roles of procedural justice and collectivism.
Authors:     Craig, J. B., Dibrell, C., Parris, D., Thomas, C. & Marshall, D.
Date:     2017
Detail:     Status: Under Review At Journal Of Business Ethics


Title:     Corporate elites and their influence on corporate and independent philanthropy
Authors:     Lungeanu, R., & Weber, K.
Date:     2017
Detail:     Abstract: We Investigate Whether Top Executive Are Consistent In Their Value-based Priorities Across Organizational Settings By Contrasting Two Theoretical Perspectives Grounded In Psychology Research: Upper Echelons Theory Suggesting Consistency, And Moral Regulation Suggesting Misalignment. We First Examine Whether CEOs Of Firms With A Good History Of CSR Involvement Seek To Express Their Social Values Across Settings By Joining The Board Of Trustees Of Independent Foundations. We Then Examine Cases In Which The Same Individual Influences Resource Allocations Made By The Two Types Of Organizations: Corporations, In The Form Of CSR Efforts; And Foundations, In The Form Of Grants. Using A Panel Of 1,124 Executives, Linking 677 S&P 500 Corporations To 309 Foundations During The Period 2003-2011, We Find Evidence For Moral Regulation.

Status: Accepted At The Behavioral Governance Conference INSEAD June 2017, Accepted At The Academy Of Management Conference August 2017, Submitted To The Strategic Management Society Conference October 2017


Title:     Innovation advantages of family firms: Navigating the trilemma of challenges.
Authors:     Craig, J. B., Meyer, M., & Lumpkin, T.
Date:     2017
Detail:     Status: Under Consideration For Publication As A Chapter In Family Firms And Institutional Contexts: Business Models, Innovation And Competitive Advantage. Elgar Publishing: Edited By Andrea Colli, Giorgia M. D'Allura, Rosario Faraci, Sanjay Goel.


Title:     Innovation capability in family firms: an integration approach.
Authors:     Craig, J. B., Dowling, M., Clinton, E. A., Diaz, V. & Faherty, C. M.
Date:     2017
Detail:     Status: Under Preparation For Submission To Small Business Economics.


Title:     Long-term orientation and innovativeness in multi-generational family firms
Authors:     Diaz, V., Clinton, E., Craig, J. B., & Lumpkin, T.
Date:     2017
Detail:     Status: Under Preparation For Submission To Entrepreneurship And Regional Development.


Title:     Product innovation and performance of MNE subsidiaries in china.
Authors:     Tian, X., Craig, J. B., Lu, J., & Lo, V. I.
Date:     2017
Detail:     Status: Invited To Revise And Resubmit At Strategic Entrepreneurship Journal. Invited For Resubmission February.


Title:     Reconciling Adam Smith's Theories Of The Self: Toward a socio-economic (S-E) theory of family business.
Authors:     Newbert, S., & Craig, J. B.
Date:     2017
Detail:     Status: Invited For Revision At Family Business Review


Title:     Resilience in family enterprises: Lessons from emerging and frontier markets
Authors:     DeCiantis, D., & Lansberg, I.
Date:     2017
Detail:     Abstract: Many Of Today's Iconic Family Enterprises Were Forged In The Fires Of Catastrophic Events Like The Napoleonic Wars (e.g. Rothschilds), The Great Panic Of 1873 (e.g. Kohler, Follett), WWI (e.g. BMW, Ford) And The Great Depression (e.g. JR Marriott, Brown Forman). Conditions In These Volatile Environments Were Similar In Many Respects To Contemporary Emerging And Frontier Markets - Where Weak Institutions, Imperfect Markets, Asymmetric Information, And Greater Volatility Are The Norm. Both Contexts Shed Light On Our Principal Research Questions Regarding The Resilience Of Family Enterprises That Thrive Under Conditions Of Chronically Elevated Risk. Moreover, The Bulk Of The World's Wealth And Economic Activity For The Foreseeable Future Will Be Generated In The Developing World (Atsmon Et Al, 2012), Precisely Where Family Enterprises Represent The Highest Share Of Output (Bjornberg Et Al, 2014). Consequently, Studying The Response Of Family Enterprise Systems To Chronic Market Dysfunction And Elevated Risk Can Provide Useful Insights Into Organizational Resilience And Has Significant Implications For Economic Development.

Status: Presenting At The Academy Of Management Annual Conference In August 2017.


Title:     Stepping across: Firm ties to independent foundations after financial restatement
Authors:     Lungeanu, R., Paruchuri, S., & Tsai, W.
Date:     2017
Detail:     Abstract: This Study Investigates The Addition Of Independent Philanthropic Foundation Board Ties By Firms That Had To Restate Their Financials. Integrating Two Strands Of Research On Independent Philanthropy And Organizational Misconduct, We Argue That Restating Firms Consider More Strongly The Moral Legitimacy Benefits Provided By Affiliations With Independent Philanthropic Foundations. Using A Panel Of S&P 500 Companies From 2004 To 2011, We Find That Restating Firms Add New Foundation Board Ties At A Higher Rate Than Non-restating Firms. We Argue, Further, That Corporate Philanthropy And Corporate Reputation Diminish The Effect Of Restatement On Legitimacy Loss, Thus Reducing The Number Of New Foundation Board Ties For Restating Firms. We Highlight The Relevance Of Board Ties To The Non-profit Domain For Research On Corporate Misconduct And Corporate Governance.

Status: Presented At The Academy Of Management Conference August 2016, Under Second Round Review At The Strategic Management Journal


Title:     Team dynamics in family businesses
Authors:     Carswell, K. L., Finkel, E. J., Fitzsimons, G. M., & Craig, J. B.
Date:     2017
Detail:     Abstract: In 2015, Grainne Fitzsimons, Eli Finkel, And Michelle VanDellen Published A Psychological Review Article Titled Transactive Goal Dynamics. This Article Introduced Transactive Goal Dynamics (TGD) Theory, Which Won The Daniel M. Wegner Theoretical Innovation Prize. Recently, Fitzsimons, Finkel, And Esther Sackett (2016) Extended The Initial Theory To Investigate Interpersonal Dynamics In Work Teams. To Date, However, No Empirical Research Has Tested This New Theory. The Present Research Fills This Void. Specifically, It Does So By Exploring How Family Processes Moderate Team Dynamics In Family Businesses.


Title:     The role of responsiveness in the effect of Servant Leadership on employee well-being
Authors:     Parris, D. L., Carswell, K. L., & Craig, J. B.
Date:     2017
Detail:     Abstract: In A Company-wide Sample From A Large, International Family Business, We Examine The Association Of Servant Leadership With Increased Employee Well-being. Using Consensus Ratings From Multiple Employees Of Their Supervisors' Leadership Style In A One-with-many Design, We Test The Hypothesis That Supervisors Who Adopt A Servant Leadership Style Promote A More Responsive Work Environment Where Employees Feel Validated, Cared For, And Understood, Which In Turn Promotes Greater Well-being. We Also Differentiate Effects Of Servant Leadership From Other Styles Of Leadership, Such As Transformational Leadership.


Title:     The social constitution of social causes in the U.S., 2002-2012
Authors:     Lungeanu, R., & Weber, K.
Date:     2017
Detail:     Abstract: Our Study Examines How Political Ideology (republican Vs. Democrat, Conservative Vs. Liberal) Shapes The Allocation Of Financial Resources To Distinct Social Causes In The U.S. Over The Period 2002-2012. We Switch The Current Focus Of Political Ideology Research From The Domain Of Corporate Social Responsibility To The Domain Of Independent Philanthropy, A Context That Is Likely More Attuned To Conservative Versus Liberal Views. We Connect Each Political Ideology To The Funding Of Specific Social Causes In The U.S., Such As Human Rights, Education, Arts, Or Diversity. We Examine How The Ideology Profile Of Foundations, Resulting From The Political Ideology Of The Members Of Boards Of Trustees In These Independent Foundations, Shapes The Type Of Social Causes That Foundations Pay Attention To. More Specifically, We Will Argue That, As The Ideology Of A Foundation's Board Of Trustees Changes The Social Causes Pursued By The Foundation And That These Effects Are Moderated By The Degree To Which A Foundation Is Family Controlled Or Not, And By The Generation Of The Family.

Status: Data Collection In Progress