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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).
In this research article, we posit that entrepreneurial orientation and corporate governance have the greatest impact on sustainable value creation when both are present. We test the hypothesized interaction effect of entrepreneurial orientation and corporate governance on value creation in a unique longitudinal setting using well-validated operationalizations of entrepreneurial orientation and corporate governance measures for Standard and Poor's 500 firms between 1999 and 2007. We find strong support for our interaction hypothesis, suggesting that sustainable value creation is maximized by controlled risk taking, not control or risk taking alone.
