Misra, K., Chang, E.P.C. (Arkansas State University), Chrisman, J.J. (Mississippi State University & University of Alberta), & Memili, E. (Mississippi State University). (2011, August). The propensity to use nonfamily managers‟ incentive compensation in family firms. Paper presented at the Academy of Management meeting, San Antonio, TX. We demonstrate that family-centered non-economic goals can decrease the willingness of family firm owners to hire and provide competitive compensation to non-family managers even if those managers act as stewards rather than agents. Discrepancies between what family firm owners need and want to pay, owing to their economic and non-economic utilities, increase their performance expectations for non-family managers. Furthermore, family-centered non-economic goals and firm idiosyncrasies reduce non-family managers‘ ability to meet those expectations. Thus, from the perspective of family owners, even when non-family managers possess superior capabilities than family managers, hiring them is likely to lead to the ―winner‘s curse.‖ Misra, K., Chang, E.P.C. (Arkansas State University), & Memili, E. (Mississippi State University). (2011, August). Entrepreneurship capital in American counties: A panel data analysis. Paper presented at the Academy of Management meeting, San Antonio, TX. Entrepreneurship capital refers to the factors of a region that drives new businesses (Audretsch & Keilbach, 2004). This study considers industry growth and performance in manufacturing, retail and service as components of entrepreneurship capital to drive the long term growth of new establishments. Using a panel data of 2,940 counties from 20022007, our results support the notion that the overall new venture activity is benefited by the industry growth and performance. Future research directions and practical implications are also discussed. Misra, K., Chrisman, J.J. (Mississippi State University & University of Alberta), & Memili, E. (Mississippi State University). (2011, May). The link between corporate governance, family involvement, and firm performance. Paper presented at the Family Enterprise Research Conference, Grand Valley State University, Allendale, MI. Misra, K., Chang, E.P.C. (Arkansas State University), Chrisman, J.J. (Mississippi State University & University of Alberta), & Memili, E. (Mississippi State University). (2011, January). An empirical analysis of the antecedents of nonfamily managers. Paper presented at the United States Association for Small Business and Entrepreneurship meeting, Hilton Head, SC.
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