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., Keil, T., 2025. How Boards Can Increase CEO Accountability, Harvard Business Review.
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