Research Centers & Institutes
Current Working Papers

Mihaly Csikszentmihalyi  

M. Csikszentmihalyi. Expressive Forms and the Evolution of Consciousness. The J Encyclopedia of the Social and Behavioral Sciences. Oxford, UK: Elsevier. In press.

M. Csikszentmihalyi. Creativity. The Encyclopedia of Intelligence. New York: MacMillan. In press.

M. Csikszentmihalyi. Problem Finding. The Encyclopedia of Intelligence. New York: MacMillan. In press.  

 K. Rathunde & M. Csikszentmihalyi, The social context of Middle School: Teachers, friends, and activities in Montessori and traditional school environments. The Elementary School Journal, 106, 1, 59-79. 2005.

M. Csikszentmihalyi, S. Abuuhamdeh & J. Nakamura. Flow. In A.J. Elliot & C.S. Dweck (Eds.) Handbook of Competence and Motivation. New York: The Guilford Press, 598-608. 2005.

K. Rathunde & M. Csikszentmihalyi. Middle School students' motivation and quality of experience:  A comparison of Montessori and traditional school environments. American Journal of Education, 111, 3, 341-371. 2005

M. Csikszentmihalyi. Preface to Tim Kassser, Az anyagossag sulyos ara (The high price of materialism). Budapest: Ursus Libris. 2005.

M. Csikszentmihalyi and J. Nakamura. The Role of emotions in the development of wisdom. In R.J. Sternberg and J. Jordan (Eds.) A Handbook of Wisdom. New York: Cambridge University Press. 2005. Pp. 220-245.

M. Csikszentmihalyi. Stalking a New World Order. New Literary History, 35, 2, 339-348, 2004.

M. Csikszentmihalyi. What we must accomplish in the coming decades. Zygon, 39, 2, 2004. 359-66.

M. Csikszentmihalyi. Creativity, in G.R. Goethals, G.J. Sorenson, and J. MacGregor Burns (Eds) Encyclopedia of Leadership, Vol. 1, 286-88. Thousand Oaks: Sage. 2004.

B. Schneider, A.M. Ainbinder, and M. Csikszentmihalyi. Stress and working parents. In J.T. Haworth & A.J. Veal, (Ed.) Work and Leisure. Pp. 145-167. London: Routledge. 2004.  

Mihaly Csikszentmihalyi. Good Business: Flow, Leadership and The Making of Meaning. New York: Viking (2003)

J. Nakamura & M. Csikszentmihalyi. The motivational sources of creativity as viewed from the paradigm of positive psychology. In L.G. Aspinwall and U.M. Staudinger (Eds.) A Psychology of Human Strengths. Washington, DC: American Psychological Association. pp. 257-270. (2003)

D. Shernoff, M. Csikszentmihalyi, B. Shneider, and E. Steele Shernoff. Student Engagement in High School Classrooms from the perspective of Flow Theory. School Psychology Quarterly. (2003)

C. Hooker, J. Nakamura, & M. Csikszentmihalyi. The group as mentor: Social capital and the systems model of creativity. In P. Paulus and M. Nijstad (Eds.), Group Creativity, pp. 225-44. (2003)

J.P. Hunter and M.Csikszentmihalyi. The positive psychology of interested adolescents. Journal of Youth and Adolescents,
22, 1, 27-35 (2003)

M. Csikszentmihalyi & J. Hunter. Happiness in everyday life: The uses of experience sampling. Journal of Happiness Studies, 4, 2, 185-99 (2003)

J. Nakamura & M. Csikszentmihalyi Creativity in later life. .In R.K. Sawyer & V. John-Steiner (Eds.) Creativity and Development. New York: Oxford University Press, pp. 186-216.(2003)

G.A.Berg, M. Csikszentmihalyi & J. Nakamura. Mission possible? Enabling good work in higher education. Change, 35, 5, 41-7. (2003)

Hooker, C. & M Csikszentmihalyi. Flow, creativity, and shared leadership. In C.L. Pierce & J.A. Conger (Eds.) Shared Leadership. Thousand Oaks, CA: Sage, pp 217-34. (2003)

Jenny Darroch  

Miles, M.P. and Darroch, J. (2006). The role of strategic conversations with stakeholders in the formulation of corporate social responsibility strategy. Journal of Business Ethics (forthcoming).

Miles, M.P. and Darroch, J. (2006). Large firms, entrepreneurial marketing processes, and the cycle of competitive advantage. European Journal of Marketing, 40, 5/6, 485-501.

Darroch, J., Miles, M. and Buisson, T. (2005). Examining the relationship between an entrepreneurial orientation and attitudes toward patenting, International Entrepreneurship and Management Journal, 1(1) 45-59.

Darroch, J. (2005) Knowledge management, innovation and firm performance, Journal of Knowledge Management, 9(4) 101-115.

Darroch, J., Miles, M.P. and Paul, C.W. (2005). The rent creation-dissipation cycle: the effective use of corporate venturing by SMEs, Technovation, 25(12) 1437-1442.

Darroch, J., Miles, M., Jardine A. and Cooke, E. (2004). An extension of Cooke, Rayburn and Abercrombie (1992): The 2004 AMA definition of marketing and its relationship to a market orientation, Journal of Marketing Theory and Practice, 12(4) 29-38.

Shaw, V. and Darroch, J. (2004). Barriers to internationalization: a study of entrepreneurial new ventures in New Zealand, Journal of International Entrepreneurship, 2, 327-343.

Darroch, J. (2003). Knowledge management: defining and measuring a new construct, Journal of Knowledge Management, 7(5), 41-45.

Darroch, J. and McNaughton, R. (2003). Beyone market orientation: the adoption of knowledge management practices and the innovativeness of New Zealand firms, European Journal of Marketing, 37(3) 572-594.

Darroch, J. and McNaughton, R. (2002) Examining the link between knowledge management practices and types of innovation, Journal of Intellectual Capital, 3(3), 210-222.

Joseph Maciariello

"Peter F. Drucker on Mission-Driven Leadership and Management in the Social Sector," Interviews and Postscript by Joseph A. Maciariello, forthcoming, The Journal of Management, Spirituality & Religion, Special Issue VIRTUES IN ORGANIZATIONS 2006 (vol. 3), edited by Charles C. Manz, Kim S. Cameron, Karen P. Manz, and Robert D. Marx; consulting editor Judi Neal.

"Peter F. Drucker on Executive Leadership and Management," The Leader of the Future, Jossey-Bass, San Francisco, January 20, 2006, forthcoming 2006. A 6,500 word systems perspective.

"Mastering Peter Drucker's The Effective Executive," 10th anniversary issue of Leader to Leader, February 1, 2006, forthcoming summer 2006. A 3,000 word analysis of a new executive development tool, a tree of practices and sub-practices, for mastering The Effective Executive using The Effective Executive in Action.

With Peter F. Drucker, The Effective Executive in Action: A Journal for Getting the Right Things Done, HarperCollins, NY, December 1, 2005. This book helps executives and knowledge workers to convert to action the wisdom and advice contained in Peter Drucker's The Effective Executive (1966) as updated to 2005.

"Peter F. Drucker on a Functioning Society," Leader to Leader, 37, summer 2005, pp. 26-34.

"Looking Forward with the Father of Modern Management: An Interview with Peter F. Drucker," Shine a Light, The Leader to Leader Institute (a book commerating 15 years of leadership in the social sector), April 2005, pp. 15-19.

With Peter F. Drucker, The Daily Drucker: 366 DAYS of INSIGHT and MOTIVATION for GETTING the RIGHT THINGS DONE, HarperCollins, NY, October 2004, 429 pp. This book consists of daily Drucker proverbs, instruction on each subject, and a call to reflection and action. It draws from the wisdom produced by Professor Drucker from 1939 to 2004, a 65 year period! (Translated by Butterworth-Heinemann, United Kingdom for distribution in Europe, 2004; translated into Complex Chinese by Commonwealth Publishing Group, Taipei, Taiwan with additional foreword material included, September 2005; translated into Japanese by Diamond Inc., Tokyo, Japan, December 1, 2005.)

“Lessons in Leadership and Management from Nehemiah,”
Theology Today,
Vol. 60, Number 3, October 2003. A special issue of Theology Today devoted to theology and business published at Princeton Theological Seminary.

Craig L. Pearce

Craig L. Pearce & Pamela A. Herbik (2004). "Citizenship Behavior at the Team Level of Analysis: The Role of Team Leader Behavior, Team Dynamics, the Team's Environment, and Team Demography," Journal of Social Psychology, 144(3): 293-310.

Craig L. Pearce, Youngjin Yoo & Maryam Alavi (2004). "Leadership, social work and virtual teams: The relative influence of vertical vs. shared leadership in the nonprofit sector." In R.E. Riggio & S. Smith-Orr (eds.) Improving Leadership in Nonprofit Organizations. (Pp. 180-203). San Francisco: Jossey Bass.

Craig L. Pearce and C.C. Manz (2004). "Self and Shared Leaderhship." Executive Excellence, 21(7):6.

Craig L. Pearce & Jay A. Conger (Eds.) (2003). Shared Leadership: Reframing the Hows and Whys of Leadership. (Thousand Oaks, CA: Sage.)

Jonathan F. Cox, Craig L. Pearce & Henry P. Sims, Jr. (2003). “Toward a Broader Agenda for Leadership Development: Extending the traditional transactional-transformational duality by developing directive, empowering and shared leadership skills”. In S. E. Murphy & R. E. Riggio (Eds.) The Future of Leadership Development. (pp. 161-180). Mahwah, NJ: Lawrence Earlbaum.

Jay A. Conger & Craig L. Pearce (2003). “A Landscape of Opportunities: Future Research on Shared Leadership”. In C. L. Pearce & J. A. Conger (Eds.) Shared leadership: Reframing the Hows and Whys of leadership. (pp. 285-303). Thousand Oaks, CA: Sage.

Jonathan F. Cox, Craig L. Pearce & Monica L. Perry. (2003). “Toward a Model of Shared Leadership and Distributed Influence in the Innovation Process: How Shared Leadership can Enhance New Product Development Team Dynamics and Effectiveness.” In C. L. Pearce & J. A. Conger (Eds.) Shared leadership: Reframing the Hows and Whys of leadership.
(pp. 48-76). Thousand Oaks, CA: Sage.

Pearce, Craig L. & Jay A. Conger (2003). “All those years ago: The historical underpinnings of shared leadership”. In C. L. Pearce & J. A. Conger (Eds.) Shared leadership: Reframing the Hows and Whys of leadership. (pp. 1-18). Thousand Oaks, CA: Sage.

Ensley, Michael D., Allison Pearson & Craig L. Pearce (2003). “Top Management Team Process, Shared Leadership and New Venture Performance: A Theoretical Model and Research Agenda”. Human Resource Management Review, 13(6): 1-18.

Pearce, Craig L., Henry P. Sims, Jr., Jonathan F. Cox, Gail Ball, Eugene Schnell, Ken A. Smith, Linda Trevino (2003). “Transactors, Transformers and Beyond: A Multi-method Development of a Theoretical Typology of Leadership.” Journal of Management Development, 22(4): 273-307.

Pearce, Craig L. & Robert A. Giacalone (2003). “Teams Behaving Badly: Counterproductive Behavior at the Team Level of Analysis.” Journal of Applied Social Psychology, 33(1): 58-75.

Pearce, Craig L. (2003). “Beyond Self-leadership: Its Time to Start Sharing” , In C. C. Manz and C. P. Neck, Mastering Self-leadership: Empowering Yourself for Personal Excellence (3rd Ed.). Upper Saddle River, NJ: Prentice Hall.

Richard Smith

Books and Articles in Books


Entrepreneurial Finance, 2d ed. (2004), Wiley: New York, NY, with J. Kiholm Smith 


"Misperceptions About Private Placement Discounts:  Why Market Reaction to Rule 144A Has Been Lukewarm," in Modernizing US Securities Regulation:  Economic and Legal Perspectives, K. Lehn and R. Kamphuis, eds., 1993, with V. Armstrong


"New Issue Underwriting," invited essay for The New Palgrave Dictionary of Money and Finance, P. Newman, M. Milgate and J. Eatwell, eds., London:  MacMillan Press, 1992.


"Product Quality, Nonsalvageable Capital Investment and the Cost of Financial Leverage," in Essays in Honor of J. F. Weston, T. E. Copeland, ed., 1986, with K. S. Chung.


Research papers


“Why Are IPOs Underpriced?  Evidence from Japan’s Hybrid Auction-Method Offerings,” Journal of Financial Economics Forthcoming with K. Kutsuna and F. Kerins.


“What’s in Your 403(b)? Academic Retirement Plans and the Costs of Underdiversification,” Financial Management Forthcoming with J. Angus, W. Brown, and J. Smith.


“Banking Relationships and Access to Equity Capital Markets: Evidence from Japan’s Main Bank System,” Journal of Banking and Finance Forthcoming with K. Kutsuna and J. Smith.


How IPO Pricing Method Affects Underpricing and Issue Cost: Evidence on Japan’s Change from Auction Method Pricing to Book-Building, Review of Financial Studies 17, 2004 with K. Kutsuna.


Opportunity Cost of Capital for Venture Capital Investors and Entrepreneurs,” Journal of Financial and Quantitative Analysis 39, 2004 with F. Kerins and J. Smith.


SEC’s ‘Fair Value’ Standard for Mutual Fund Investment in Restricted and Other Illiquid Securities,” Fordham Journal of Corporate and Financial Law 6, 2001 with J. Smith and K. Williams.


  "Strategic Restructuring: Evidence from the Telecommunications Industry," Industrial and Corporate Change, 2001, with M. Hertzel and J. Smith


"Market Reactions to Failed Acquisition Attempts," International Journal of Finance, 2000, with S. Chang and D. Suk.


"The Choice of Payment Terms in Trade Credit Financing," Journal of Finance 54 1999, with J. Smith and C. Ng.


            Abstracted in CFO Europe, July 1999.


"The Unwinding of Venture Capital Investments:  Insider Selling During Equity IPOs," Journal of Corporate Finance, 1998, with T. Lin.


"Determinants of Contract Choice:  The Use of Warrants to Compensate Underwriters of Seasoned Equity Issues," Journal of Finance, March 1996, with C. Ng.


"The Combined Effects of Free Cash Flow and Financial Slack on Bidder and Target Stock Returns," Journal of Business, April 1994, with J. Kim.


"Wall Street Journal Reporting Decisions and the Use of Prediction Errors in Cross-sectional Analysis:  Evidence on Seasoned Equity Announcements," Financial Review, Fall 1994, with F. Griggs and D. M. Kim.


"Market Discounts and Shareholder Gains for Placing Equity Privately," Journal of Finance, Vol. 48, June 1993, pp. 459-485, with M. Hertzel.


"Contract Law, Mutual Mistake, and the Incentives to Produce and Disclose Information," Journal of Legal Studies, June 1990, with J. K. Smith.


"Licensing Requirements, Enforcement Effort and Complaints Against Real Estate Agents," Journal of Real Estate Research, Summer 1988, with K. L. Guntermann.


"The Choice of Issuance Procedure and the Cost of Competitive and Negotiated Underwriting:  An Examination of the Impact of Rule 50," Journal of Finance, July 1987.


"Examination of the Small Firm Effect on the Basis of Skewness Preference," Journal of Financial Research, Spring 1987, with J. R. Booth.


"Efficiency of the Market for Residential Real Estate," Land Economics, February 1987, with K. L. Guntermann.


"Derivation of Cost of Capital and Equity Rates from Market Data," AREUEA Journal, 1987, with K. L. Guntermann.


"Announcement Effects of Withdrawn Security Offerings:  Evidence on the Wealth Redistribution Hypothesis," Journal of Financial Research, Fall 1986, with D. T. Officer.


"Capital Raising, Underwriting and the Certification Hypothesis," Journal of Financial Economics, Spring 1986, with J. R. Booth.


"The Certification Role of the Investment Banker in New Issue Pricing," Midland Corporate Finance Journal, Spring 1986, with J. R. Booth.


"The Application of Errors‑In‑Variables Methodology to Capital Market Research:  Evidence on the Small Firm Effect," Journal of Financial and Quantitative Analysis, December 1985, with J. R. Booth.


"The Risk Structure of Interest Rates and Interdependent Borrowing Costs:  Evidence of the New York Fiscal Crisis," Journal of Financial Research, Summer 1985, with J. R. Booth.


"A Theory of Ex Post Versus Ex Ante Price Determination," Economic Inquiry, January 1985, with J. K. Smith.


"Direct Equity Financing‑-Resolution of a Paradox:  A Comment," Journal of Finance, December 1984, with M. Dhatt.


"On Strategic Behavior as a Basis for Antitrust Action," The Antitrust Bulletin, Fall 1984.


"The Impact of the Community Reinvestment Act on Branching Activity of Financial Institutions," Journal of Bank Research, 1984, with J. R. Booth.


"State and Local Fiscal Policy:  Implications for Property Values and Economic Growth," Public Finance Quarterly, Spring 1984, with J. K. Smith.


"Use of Interest Rate Futures by Financial Institutions," Journal of Bank Research, 1984, with J. R. Booth and R. W. Stolz.


"Theory Z:  A Critical Analysis," Arizona Business, Summer 1983.


"Franchise Regulation:  An Economic Analysis of State Restrictions on Automobile Distribution," Journal of Law and Economics, April 1982.


"Efficiency Gains from Strategic Investment," Journal of Industrial Economics, P.W.S. Andrews Prize for 1980, September 1981.


"The 1958 Automobile Information Disclosure Act:  A Study of the Impact of Regulation," Journal of Industrial Economics, June 1980.


"The Appropriateness and Applicability of Image Research to Banking," Journal of Bank Research, Summer 1977, with S. W. Brown and G. J. Zurowski.


"Surveying the Image Research Practices of Banks," Bank Marketing, January 1977, pp. 16‑19, with S. W. Brown and G. J. Zurowski.


Work in Progress


“A Comprehensive Evaluation of the Comparative Cost of Negotiated and Competitive Methods of Municipal Bond Issuance,” with Randall Pozdena, Eric Fruits, and James Booth (under review).


“Public Information, IPO Price Formation, and Long-Run Returns: Japanese Evidence,” with K. Kutsuna, and J. Smith (under review).


Vijay Sathe

Sathe, Vijay, Corporate Entrepreneurship: Top Managers and New Business Creation (Cambridge, U.K.: Cambridge University Press, 2003)

James Wallace

"An Examination of Multiple Governance Forces Within Bank Holding Companies," with G. Sierra and E. Talmor, forthcoming Journal of Financial Services Research.

"EVA Implementation, Market Reaction, and the Theory of Low-Hanging Fruit," with B. Lougee and A. Natarajan, Financial Strategy, 2nd ed., J. Rutterford, Wiley and Sons, March 2006. Book chapter.

"Economic Value Added (EVA)," Handbook of Management Accounting, M. Maher and R. Weil, John Wiley and Sons, 2005. Book chapter.

"Corporate Governance and Theories of Executive Pay," with K. Pukthuanthong and E. Talmor, Corporate Ownership & Control, volume 1, Issue 2, Winter 2004.

"Evidence on EVA," Corporate Governance At the Crossroads: A Book of Readings, D. Chew and S. Gillam, McGraw-Hill Higher Education, January 2004. Book chapter.

"Value Maximization and Stakeholder Theory: Complements or Substitutes?" Journal of Applied Corporate Finance, Volume 15, Number 3, Spring 2003

“Dining at the Earnings Buffet,” Business Horizons, Volume 46, Number 4, July-August 2003, with S. Moehrle and J. Reynolds-Moehrle

Hideki Yamawaki

"What Determines the Profitability of Foreign Direct Investment? Subsidiary-Level Analysis of Japanese Multinationals" (with M. Sakakibara), Managerial and Decision Economics, 2006, forthcoming.

"Changes in the Determinants of Profits: A Study on Foreign Subsidiaries in Japanese Manufacturing Industries" (with S. Asaba), Advances in International Management, 17, 2005, pp. 289-324.

"The Location of American and Japanese Multinationals in Europe," August 2004, under review by International Economics and Economic Policy.

"The Determinants of Geographic Configuration of Value Chain Activities: Foreign Multinational Enterprise in Japanese Manufacturing," International Economics and Economic Policy, 1, 2004, pp. 195-213.

"Who Survives in Japan? An Empirical Analysis of European and U.S. Multinational Firms in Japanese Manufacturing Industries," Journal of Industry, Competition, and Trade, 4, (June), 2004, pp. 135-153.

Reprinted in F. Iqbal and S. Urata (eds.), Small Firms Dynamism in East Asia, Dordrecht: Kluwer Academic Publishing, 2003.

Reprinted in D. B. Audretsch (ed.), SMEs in the Age of Globalization, Cheltenham: Edward Elgar, 2003.

“The Evolution and Structure of Industrial Clusters in Japan,” in F. Iqbal and S. Urata (eds.), Small Firms Dynamism in East Asia, (Dordrecht: Kluwer Academic Publishing, 2003)

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