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Publications (10 of 58) Show all publications
Genedy, M. A., Hellerstedt, K., Naldi, L. & Wiklund, J. (2024). Growing pains in scale-ups: How scaling affects new venture employee burnout and job satisfaction. Journal of Business Venturing, 39(2), Article ID 106367.
Open this publication in new window or tab >>Growing pains in scale-ups: How scaling affects new venture employee burnout and job satisfaction
2024 (English)In: Journal of Business Venturing, ISSN 0883-9026, E-ISSN 1873-2003, Vol. 39, no 2, article id 106367Article in journal (Refereed) Published
Abstract [en]

Although academic interest in organizational scaling is growing, extant research has focused primarily on the antecedents and processes, neglecting how employees experience scaling. Drawing on the scale-up, firm growth, and well-being literature, we take an employee perspective to examine the impact of scaling on employee burnout and job satisfaction. Using a sample of 10,908 new venture employees in Sweden, we show that scaling is positively associated with employee burnout, and negatively with job satisfaction. We also show that the link between scaling, burnout, and job satisfaction depends on whether the employee is in a managerial position or has prior new venture experience.

Keywords
New venture scaling, Scale-up, Employee burnout, Employee job satisfaction
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-62997 (URN)10.1016/j.jbusvent.2023.106367 (DOI)2-s2.0-85177857195 (Scopus ID)HOA;intsam;62997 (Local ID)HOA;intsam;62997 (Archive number)HOA;intsam;62997 (OAI)
Funder
The Kamprad Family Foundation
Available from: 2023-12-05 Created: 2023-12-05 Last updated: 2023-12-11Bibliographically approved
Jenkins, A., Achtenhagen, L. & Hellerstedt, K. (2023). Back to work?: How employers perceive applicants’ experience of entrepreneurial failure. Entrepreneurship and Regional Development
Open this publication in new window or tab >>Back to work?: How employers perceive applicants’ experience of entrepreneurial failure
2023 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114Article in journal (Refereed) Epub ahead of print
Abstract [en]

Recent research on entrepreneurial failure has started to investigate the impact of failure on entrepreneurs and how this influences their motivation and willingness to engage in subsequent entrepreneurial ventures. We approach this topic from an alternative perspective, focusing on former entrepreneurs seeking to return to paid work and exploring how their experience of venture failure is perceived and appraised by employers in the recruitment process. Such perceptions matter because employers are gatekeepers to the employment market and thus their appraisals influence how easily former entrepreneurs can re-integrate themselves in the paid workforce. We conducted 30 interviews with employers in growing human-capital intensive companies in Sweden, asking these recruiters about their perceptions of former entrepreneurs and how their evaluations affected their hiring decisions. Conceptually, we frame our study using a process model of stigmatization by nuancing this model with fine-grained analyses of employers’ perceptions and appraisals of applicants’ entrepreneurial failure experiences in the recruitment process. This analysis identifies some of the key conditions that lead employers either to value or devalue an applicant’s experience of entrepreneurial failure, further indicating the implications of this finding for entrepreneurs’ careers and prospects of gaining paid employment.

Place, publisher, year, edition, pages
Taylor & Francis, 2023
Keywords
bankruptcy, bias, employers, Entrepreneurial failure, prior experience, re-employment, stigma
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-62989 (URN)10.1080/08985626.2023.2277791 (DOI)001100020600001 ()2-s2.0-85176581254 (Scopus ID)HOA;intsam;918826 (Local ID)HOA;intsam;918826 (Archive number)HOA;intsam;918826 (OAI)
Available from: 2023-12-04 Created: 2023-12-04 Last updated: 2023-12-15
Korsgaard, S., Wigren, C., Brundin, E., Hellerstedt, K., Alsos, G. A. & Grande, J. (2022). Entrepreneurship and embeddedness: process, context and theoretical foundations. Entrepreneurship and Regional Development, 34(3-4), 210-221
Open this publication in new window or tab >>Entrepreneurship and embeddedness: process, context and theoretical foundations
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2022 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114, Vol. 34, no 3-4, p. 210-221Article in journal (Refereed) Published
Abstract [en]

In this article, we introduce the special issue on entrepreneurship and embeddedness. We do so by providing a brief overview of existing research on the topic focused on three important conversations related to process, context and theoretical foundations. The overview highlights essential contributions from extant research and suggests that expansion and advancement in the research conversation can be accomplished by focusing on dynamic and multilayered conceptualizations of embeddedness and by broadening the theoretical foundations of our research. We also present and position the papers in the special issue within the conversations on process, context and theoretical foundations in entrepreneurship research on embeddedness.

Place, publisher, year, edition, pages
Taylor & Francis, 2022
Keywords
Entrepreneurship, embeddedness, process, context
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-56135 (URN)10.1080/08985626.2022.2055152 (DOI)000776553100001 ()2-s2.0-85128062678 (Scopus ID);intsam;804207 (Local ID);intsam;804207 (Archive number);intsam;804207 (OAI)
Available from: 2022-04-01 Created: 2022-04-01 Last updated: 2022-09-19Bibliographically approved
Wigren-Kristoferson, C., Brundin, E., Hellerstedt, K., Stevenson, A. & Aggestam, M. (2022). Rethinking embeddedness: a review and research agenda. Entrepreneurship and Regional Development, 34(1-2), 32-56
Open this publication in new window or tab >>Rethinking embeddedness: a review and research agenda
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2022 (English)In: Entrepreneurship and Regional Development, ISSN 0898-5626, E-ISSN 1464-5114, Vol. 34, no 1-2, p. 32-56Article, review/survey (Refereed) Published
Abstract [en]

We conduct a comprehensive review of embeddedness in entrepreneurship research. Although the term "embeddedness" is frequently used in this field of study, less is known about the ways in which it is operationalized and applied. Using criterion sampling, we analyse 198 articles in order to investigate how embeddedness is conceptualized and what role it plays in the extant entrepreneurship literature. We categorize our findings based on different phases of the entrepreneurial process (early, mature and exit) and outline the dominant focus and the main conceptualization of embeddedness for each phase. We highlight important learnings for each of the three phases and identify potential areas for conceptual development. Across the phases, we find that embeddedness and context are often used interchangeably. We thus call for construct clarity in the field. In the existing literature, entrepreneurs are generally portrayed as reactive to embeddedness, resulting in a loss of entrepreneurial agency. To remedy this, we introduce the term agencement, which takes into account the relationship between the entrepreneurship and embeddedness. Further, entrepreneurs are found to be embedded in multiple contexts at the same time, and embeddedness can be understood at different levels and to different degrees. To address this complexity, it is relevant to focus on the embedding process itself, acknowledging that it takes place in social interactions including cultural, cognitive, and emotional aspects between contexts and across levels. While the extant literature supports the notion that embeddedness is important for understanding entrepreneurship and entrepreneurs, it does not necessarily support our understanding of how embeddedness takes form or why it takes certain forms. We therefore include a call for future research to turn to process and practice theories.

Place, publisher, year, edition, pages
Taylor & Francis, 2022
Keywords
Entrepreneurship; embeddedness; literature review; early; mature and exit phases; agencement; micro-social theories; process and practice theories
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-55659 (URN)10.1080/08985626.2021.2021298 (DOI)000745891100001 ()2-s2.0-85123486353 (Scopus ID)HOA;;792412 (Local ID)HOA;;792412 (Archive number)HOA;;792412 (OAI)
Available from: 2022-01-24 Created: 2022-01-24 Last updated: 2022-12-18Bibliographically approved
Genedy, M. A., Naldi, L., Hellerstedt, K. & Nordqvist, M. (2022). SISTER ACT: A GENDER PERSPECTIVE ON FAMILY SUCCESSION. In: Academy of Management Proceedings: A Hybrid Experience. Paper presented at 82nd Annual Meeting of the Academy of Management 2022: A Hybrid Experience, AOM 2022 Seattle 5 August 2022 through 9 August 2022. Academy of Management
Open this publication in new window or tab >>SISTER ACT: A GENDER PERSPECTIVE ON FAMILY SUCCESSION
2022 (English)In: Academy of Management Proceedings: A Hybrid Experience, Academy of Management , 2022Conference paper, Published paper (Refereed)
Abstract [en]

Building on a socio-emotional wealth lens and gender role theory, we examine gender inequality between siblings in the appointment to the CEO position in family businesses. We also study the impact on firm performance of the appointment of a daughter or a son when they take over the CEO position. Our empirical findings support the argument that daughters are less likely than sons to be appointed to the CEO position. However, this effect is weaker in family firms where the mother holds the CEO position. The difference-in-difference approach shows that family firms where a daughter takes over as CEO outperform family firms where a son takes over. Our findings reveal an important but hitherto not studied gendered dimension of the succession in family firms-sons are favored, but daughters do better. This way our study offers a more nuanced view of the implications of within family CEO succession in family businesses which is important for both research and practice.

Place, publisher, year, edition, pages
Academy of Management, 2022
Series
Academy of Management Proceedings, ISSN 0065-0668, E-ISSN 2151-6561
Keywords
Difference-in-differences, Differences-in-differences, Empirical findings, Family business, Family firms, Firm Performance, Gender role theories
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-62991 (URN)10.5465/AMBPP.2022.146 (DOI)2-s2.0-85176591592 (Scopus ID)
Conference
82nd Annual Meeting of the Academy of Management 2022: A Hybrid Experience, AOM 2022 Seattle 5 August 2022 through 9 August 2022
Available from: 2023-12-04 Created: 2023-12-04 Last updated: 2023-12-04Bibliographically approved
Finkel, D., Hellerstedt, K. & Naldi, L. (2021). Socioeconomic Status Moderates Heritability of Entrepreneurial Personality Factor. Behavior Genetics, 51(6), 705-705
Open this publication in new window or tab >>Socioeconomic Status Moderates Heritability of Entrepreneurial Personality Factor
2021 (English)In: Behavior Genetics, ISSN 0001-8244, E-ISSN 1573-3297, Vol. 51, no 6, p. 705-705Article in journal, Meeting abstract (Refereed) Published
Place, publisher, year, edition, pages
Springer, 2021
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-55070 (URN)000709342700055 ()
Available from: 2021-11-15 Created: 2021-11-15 Last updated: 2022-01-24Bibliographically approved
Andric, M., Bird, M., Hellerstedt, K. & Zellweger, T. M. (2020). CEO divorce and firm performance – The role of CEO’s family situation. In: Guclu Atinc (Ed.), Academy of Management: Proceedings: . Paper presented at 80th Annual Meeting of the Academy of Management, 7-11 August, 2020, Vancouver, Canada. Academy of Management
Open this publication in new window or tab >>CEO divorce and firm performance – The role of CEO’s family situation
2020 (English)In: Academy of Management: Proceedings / [ed] Guclu Atinc, Academy of Management , 2020Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

We investigate the impact of CEO divorce on firm performance and examine how this relationship depends on the CEO’s life stage and the involvement of the CEO’s family in the firm. Using data from Statistics Sweden covering the period from 2004 to 2014, we tested our hypotheses using a difference-in-difference design on a matched sample of 2,336 firms, most of which are small firms. With our results we contribute to upper echelons theory by showing that CEO divorce negatively affects firm performance, and that this relationship strongly depends on the length of the marriage, the presence of children, as well as whether the CEO’s spouse and children work in the firm. We show that under certain conditions CEO divorce can even have a positive impact on firm performance, in particular in the presence of CEO’s children in the firm.

Place, publisher, year, edition, pages
Academy of Management, 2020
Series
Academy of Management Proceedings, ISSN 0065-0668, E-ISSN 2151-6561 ; Volume 2020, Issue 1
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-50655 (URN)10.5465/AMBPP.2020.194 (DOI)2-s2.0-85102972506 (Scopus ID)
Conference
80th Annual Meeting of the Academy of Management, 7-11 August, 2020, Vancouver, Canada
Available from: 2020-09-21 Created: 2020-09-21 Last updated: 2021-04-06Bibliographically approved
Genedy, M. A., Naldi, L. & Hellerstedt, K. (2020). Self-employed, family-employed, or wage-employed? The role of birth order and family structure on initial career choices. In: : . Paper presented at 2020 Babson College Entrepreneurship Research Conference, Knoxville, Tennessee, USA.
Open this publication in new window or tab >>Self-employed, family-employed, or wage-employed? The role of birth order and family structure on initial career choices
2020 (English)Conference paper, Published paper (Refereed)
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-50657 (URN)
Conference
2020 Babson College Entrepreneurship Research Conference, Knoxville, Tennessee, USA
Note

Conference cancelled due to COVID-19. 

Available from: 2020-09-21 Created: 2020-09-21 Last updated: 2020-09-21Bibliographically approved
Bird, M., Andric, M. & Hellerstedt, K. (2020). The influence of entrepreneurial teams’ structural power inequality on firm performance. In: Guclu Atinc (Ed.), Academy of Management: Proceedings: . Paper presented at 80th Annual Meeting of the Academy of Management, 7-11 August, 2020, Vancouver, Canada. Academy of Management
Open this publication in new window or tab >>The influence of entrepreneurial teams’ structural power inequality on firm performance
2020 (English)In: Academy of Management: Proceedings / [ed] Guclu Atinc, Academy of Management , 2020Conference paper, Oral presentation with published abstract (Refereed)
Abstract [en]

In this research article, we investigate how structural power inequality within entrepreneurial teams influences firm performance. We argue that very high and very low levels of structural power inequality undermine cooperation and communication within the team and therefore inhibit the efficient deployment of entrepreneurial team members’ resources. We find evidence for an inverted U-shaped relationship between structural power inequality and firm performance. Furthermore, we investigate the influence of social ties and find that the inverted U-relationship becomes stronger in the presence of co-worker ties and weaker in the presence of family ties. These results provide important contributions for research on power in organizations and entrepreneurship.

Place, publisher, year, edition, pages
Academy of Management, 2020
Series
Academy of Management Proceedings, ISSN 0065-0668, E-ISSN 2151-6561 ; Volume 2020, Issue 1
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-50656 (URN)10.5465/AMBPP.2020.208 (DOI)2-s2.0-85102971205 (Scopus ID)
Conference
80th Annual Meeting of the Academy of Management, 7-11 August, 2020, Vancouver, Canada
Available from: 2020-09-21 Created: 2020-09-21 Last updated: 2021-04-06Bibliographically approved
Banerjee, A., Nordqvist, M. & Hellerstedt, K. (2020). The role of the board chair: A literature review and suggestions for future research. Corporate governance: An International Review, 28(6), 372-405
Open this publication in new window or tab >>The role of the board chair: A literature review and suggestions for future research
2020 (English)In: Corporate governance: An International Review, ISSN 0964-8410, E-ISSN 1467-8683, Vol. 28, no 6, p. 372-405Article, review/survey (Refereed) Published
Abstract [en]

Research Question/Issue

The role of the board chair has become increasingly complex in recent decades. Research on corporate governance has called for and has initiated the pursuit of more research for the purpose of creating a better understanding of the role of board chairs. We reviewed 234 academic articles published in 66 journals, structured the existing research according to an Input‐Process‐Outcome‐Contexts framework, and provided a future research agenda for studies on the role of the board chair.

Research Findings/Insights

Our review reveals that the number of published studies on the position of the board chair has grown over the last two decades. Although extant research is dominated by quantitative studies exploring the impact of the board chair position on financial performance, frequently drawing on agency and stewardship theory, recent work has moved beyond this focus and has added valuable insights. The Input‐Process‐Outcome‐Contexts framework used to structure the extant research reveals that future research should pursue topics related to all components of the framework and that opportunities exist to draw from a broader set of theories.

Theoretical/Academic Implications

Based on the framework, we formulate seven specific research topics that can add valuable insights into the role of the board chair and suggest theories that can help inform research pursuing these topics. Taken together, these topics have the potential to create valuable insights into how board chairs are appointed, develop competencies, and interact and work with the CEO, the top management team, the board, and other stakeholders while acknowledging the influence of contextual factors, such as ownership, diversity, the firm's development stage, and external events and trends.

Practitioner/Policy Implications

Our review shows a growing global movement toward prescribing more corporate governance regulations and separating the positions of the board chair and the CEO. We show that many aspects need to be considered when choosing a governance configuration and when appointing a board chair because this role is becoming increasingly demanding.

Place, publisher, year, edition, pages
John Wiley & Sons, 2020
Keywords
Corporate governance, board chair, chairperson of the board, board of directors, literature review
National Category
Business Administration
Identifiers
urn:nbn:se:hj:diva-51637 (URN)10.1111/corg.12350 (DOI)000609152200003 ()2-s2.0-85099654675 (Scopus ID)HOA;;1521356 (Local ID)HOA;;1521356 (Archive number)HOA;;1521356 (OAI)
Available from: 2021-01-22 Created: 2021-01-22 Last updated: 2023-10-21Bibliographically approved
Organisations
Identifiers
ORCID iD: ORCID iD iconorcid.org/0000-0003-3998-1515

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