Stevo Pavicevic
Associate Professor of Strategy • Professor
Associate Professor of Strategy
Stevo Pavicevic is Associate Professor of Strategy at the Frankfurt School of Finance & Management.
He holds a Ph.D. in Strategy from the University of Zurich, Switzerland. His doctoral dissertation was awarded a dissertation research grant by the Strategy Research Foundation of the Strategic Management Society.
Stevo’s research falls within the domain of behavioral strategy. The main goal of his research is to ground strategic management theory in realistic assumptions about human cognition and social behavior. To achieve this goal, he merges cognitive and social psychology with strategic management to investigate how socio-cognitive biases and social interactions among corporate executives and directors impact strategic decision processes and outcomes. His work has been published in leading journals, including the Academy of Management Journal, Academy of Management Annals, Strategic Management Journal, Organization Science, Journal of Management, Strategy Science and Harvard Business Review.
He holds a Ph.D. in Strategy from the University of Zurich, Switzerland. His doctoral dissertation was awarded a dissertation research grant by the Strategy Research Foundation of the Strategic Management Society.
Stevo’s research falls within the domain of behavioral strategy. The main goal of his research is to ground strategic management theory in realistic assumptions about human cognition and social behavior. To achieve this goal, he merges cognitive and social psychology with strategic management to investigate how socio-cognitive biases and social interactions among corporate executives and directors impact strategic decision processes and outcomes. His work has been published in leading journals, including the Academy of Management Journal, Academy of Management Annals, Strategic Management Journal, Organization Science, Journal of Management, Strategy Science and Harvard Business Review.
- Management department
- Professor
- Faculty
PUBLICATIONS
Pavicevic, S., Keil, T., Zahra, S., 2026. Collision in the boardroom: Director skill interdependence and corporate entrepreneurship in technology-intensive firms, Strategic Management Journal. (forthcoming)
Reus, T., Pavicevic, S., Roelofsen, E., 2026. Second fiddle strain: How extraversion shapes target CEO turnover following acquisitions, Strategic Organization. (forthcoming)
Pavicevic, S., Keil, T., McNamara, G., 2025. Debiasing the Literature on Executive Decision-Making Biases, Academy of Management Annals Vol. 19(2), pp. 444-475.
Pavicevic, S., Keil, T., 2025. The role of military directors in holding the CEO accountable for poor firm performance, Strategic Management Journal Vol. 46(3), pp. 790-814.
Pavicevic, S., Haleblian, J., Keil, T., 2023. When do Boards of Directors Contribute to Shareholder Value in Firms Targeted for Acquisition: A Group Information-Processing Perspective, Organization Science Vol. 34(5), pp. 1759-1766.
Devarakonda, R., Pavicevic, S., Reuer, J., 2022. Microfoundations of R&D Alliance Formation: The Interplay of Scientist Mobility and the Cooperative Context of Collaboration., Strategy Science Vol. 7(1), pp. 56-70.
Keil, T., Lavie, D., Pavicevic, S., 2022. When do Outside CEOs Underperform?: From CEO-centric to Stakeholder-centric Perspective on Post-Succession Performance, Academy of Management Journal Vol. 65(5), pp. 1424-1449.
Pavicevic, S., Keil, T., 2021. The Role of Procedural Rationality in Debiasing Acquisition Decisions of Overconfident CEOs, Strategic Management Journal Vol. 42(9), pp. 1696-1715.
Welch, X., Pavicevic, S., Keil, T., Laamanen, T., 2020. The Pre-Deal Phase of Mergers and Acquisitions: A Review and Research Agenda, Journal of Management Vol. 46(6), pp. 843-878.
Reus, T., Pavicevic, S., Roelofsen, E., 2026. Second fiddle strain: How extraversion shapes target CEO turnover following acquisitions, Strategic Organization. (forthcoming)
Pavicevic, S., Keil, T., McNamara, G., 2025. Debiasing the Literature on Executive Decision-Making Biases, Academy of Management Annals Vol. 19(2), pp. 444-475.
Pavicevic, S., Keil, T., 2025. The role of military directors in holding the CEO accountable for poor firm performance, Strategic Management Journal Vol. 46(3), pp. 790-814.
Pavicevic, S., Haleblian, J., Keil, T., 2023. When do Boards of Directors Contribute to Shareholder Value in Firms Targeted for Acquisition: A Group Information-Processing Perspective, Organization Science Vol. 34(5), pp. 1759-1766.
Devarakonda, R., Pavicevic, S., Reuer, J., 2022. Microfoundations of R&D Alliance Formation: The Interplay of Scientist Mobility and the Cooperative Context of Collaboration., Strategy Science Vol. 7(1), pp. 56-70.
Keil, T., Lavie, D., Pavicevic, S., 2022. When do Outside CEOs Underperform?: From CEO-centric to Stakeholder-centric Perspective on Post-Succession Performance, Academy of Management Journal Vol. 65(5), pp. 1424-1449.
Pavicevic, S., Keil, T., 2021. The Role of Procedural Rationality in Debiasing Acquisition Decisions of Overconfident CEOs, Strategic Management Journal Vol. 42(9), pp. 1696-1715.
Welch, X., Pavicevic, S., Keil, T., Laamanen, T., 2020. The Pre-Deal Phase of Mergers and Acquisitions: A Review and Research Agenda, Journal of Management Vol. 46(6), pp. 843-878.
Pavicevic, S., 2016, Global Migration and the Choice between Acquisitions and Alliances: An Information Economics Perspective, in: Best Paper Proceedings of the Academy of Management, Briarcliff Manor: Academy of Management.
Keil, T., Maula, M., Pavicevic, S., 2016, Global migration and the choice between acquisitions and alliances: an information economics perspective, in: Academy of Management Proceedings, Briarcliff Manor: Academy of Management.
Keil, T., Maula, M., Pavicevic, S., 2016, Global migration and the choice between acquisitions and alliances: an information economics perspective, in: Academy of Management Proceedings, Briarcliff Manor: Academy of Management.
Pavicevic, S., Keil, T., 2025. How Boards Can Increase CEO Accountability, Harvard Business Review.
Devarakonda, R., Pavicevic, S., Reuer, J.
Interfirm ties through scientist mobility: implications for R&D partner selection in biotechnology industry
Devarakonda, R., Pavicevic, S., Reuer, J.
Partner selection in R&D alliances: the role of scientist mobility
Keil, T., Maula, M., Pavicevic, S.
Migration and the choice between acquisitions and alliances: an information economics perspective
Pavicevic, S.
Rationality of Acquisition Procedures and Acquisition Premium Decisions
Keil, T., Maula, M., Pavicevic, S.
Global migration and the entry mode choice of global 500 firms
Interfirm ties through scientist mobility: implications for R&D partner selection in biotechnology industry
| Academy of Management, 77th Annual Meeting, 2017, Atlanta. (Poster) |
Devarakonda, R., Pavicevic, S., Reuer, J.
Partner selection in R&D alliances: the role of scientist mobility
| Strategic Management Society, 7th Annual Conference, 2017, Houston. |
Keil, T., Maula, M., Pavicevic, S.
Migration and the choice between acquisitions and alliances: an information economics perspective
| Academy of Management, 76th Annual Meeting, 2016, Anaheim. |
Pavicevic, S.
Rationality of Acquisition Procedures and Acquisition Premium Decisions
| Strategic Management Society, 36th Annual Conference: SRF Doctoral Workshop, 2016, Berlin. |
Keil, T., Maula, M., Pavicevic, S.
Global migration and the entry mode choice of global 500 firms
| Strategic Management Society, 35th Annual Conference, 2015, Denver. |
OFFICE HOURS
During the lecture period
By appointment available upon request via email.
Room
C4.42
OFFICE HOURS
During the lecture period
By appointment available upon request via email.
Room
C4.42