Faculty & Staff Directory

iconiconiconNameRichard PriemImageRichard PriemFirstnameRichardLastnamePriemOffice Phone817-257-7550
VitaeDownload Vita
Position:Professor of ManagementDepartment:Management and Leadership DepartmentOffice:Neeley 3336Professorship / Chair:Luther Henderson Chair of Strategic Management and LeadershipRole:FacultyEducation
  • Ph.D., Strategic Management, The University of Texas at Arlington
  • M.S., Operations Management, University of Arkansas
  • B.A., English Literature, St. Olaf College, Minnesota
Areas of Expertise / Research
  • Strategic Decision Making
  • Corporate Governance
  • Demand-side Strategies
  • Top Management Fraud
Work Experience
  • Robert L. & Sally S. Manegold Professor of Management and Strategic Planning (endowed research chair), Lubar School of Business, University of Wisconsin-Milwaukee.
  • Faculty Director, Marshall & Ilsley Center for Business Ethics,Lubar School of Business, University of Wisconsin-Milwaukee.
  • Professor of Management & Department Chair, School of Business Administration, University of Texas at Arlington
  • Marketing Manager, Energy Technology Center, Control Data Corporation
  • Nuclear Operator and Instructor, U.S. Navy
Courses Taught
  • Undergraduate: Strategic Management; Management
  • MBA: Strategic Management; Business Ethics; Business & Society
  • Executive MBA: Strategic Management; Strategy Implementation; Business Ethics
  • Ph.D. Seminars: Strategy I (Behavioral); Strategy II (Economics); Organization Theory
Key Publications
  • Priem, R. L., Krause, R., Tantalo, C., & McFadyen, A. “Competing” for Essential Stakeholders: A New, Multi-Sided Market Logic for Top Managers.” Academy of Management Perspectives, 2020, in-press.
  • Rasheed, A. A., & Priem, R. L. “An A is an A:” We Have Met the Enemy, and He Is Us! Academy of Management Perspectives, 2020, in-press.
  • Priem, R. L. “Toward Becoming a Complete Teacher of Strategic Management.” Academy of Management Learning & Education, 2018,17(3): 374-388.
  • Priem, R. L., Wenzel, M., & Koch, J. “Demand-Side Strategy and Business Models: Putting Value Creation for Consumers Center Stage.” Long Range Planning, 2018, 51: 22-31.
  • Priem, R. L. “Toward Becoming a Complete Teacher of Strategic Management.” Academy of Management Learning & Education, 2018, 17(3): 374–388.
  • Goranova, M., Priem, R. L., Ndofor, H. A., & Trahms, C. Is There a ‘Dark Side’ to Monitoring? Board and Shareholder Monitoring Effects on M&A Performance Extremeness. Strategic Management Journal, 2017, 38(11): 2285-2297.
  • Hou, W., Priem, R. L. & Goranova, M. “Does One Size Fit All? Investigating Pay–Future Performance Relationships over the “Seasons” of CEO Tenure.” Journal of Management, 2017, 43(3): 864-891.
  • Tantalo, C. & Priem, R. L. “Value Creation through Stakeholder Synergy.” Strategic Management Journal, 2016, 37: 314-329.
  • Krause, R. A., Priem, R. L. & Love, L. G. “Who’s In Charge Here? Co-CEOs, Power Gaps and Firm Performance.” Strategic Management Journal, 2015, 36: 2099-2110.
  • Ndofor, H. A., Wesley, C. U. & Priem, R. L. "Providing CEOs with Cheating Opportunities: The Effects of Complexity-based Information Asymmetries on Financial Reporting Fraud" Journal of Management, 2015, 41: 1774-1797.
  • Priem, R. L. & Nystrom, P. C. “Exploring the Dynamics of Workgroup Fracture: Common Ground, Trust-with-Trepidation and Warranted Distrust.” Journal of Management, 2014, 40: 764-795.
  • Priem, R. L., Butler, J. E. & Li, S. “Toward Reimagining Strategy Research: Retrospection and Prospection on the 2011 AMR Decade Award Article.” Academy of Management Review, 2013, 38: 471-489.
  • Hou, W., Li, S. & Priem, R. L. “How Do CEOs Matter? The Moderating Effects of CEO Compensation and Tenure on Equity Ownership in International Joint Ventures.” Journal of International Management, 2013,19(2): 138-151.
  • Priem, R. L. & Swink, M. “A Demand-side Perspective on Supply Chain Management.” Journal of Supply Chain Management, 2012, 48(2): 7-13.
  • Ye, G., Priem, R. L. & Alshwer, A. “Achieving Demand-side Synergy from Strategic Diversification: How Combining Mundane Assets Can Leverage Consumer Utilities.” Organization Science, 2012, 23: 207-224. (Selected for Emerald "Award of Excellence," 2015).
  • Priem, R. L., Li, S. & Carr, J. “Insights and New Directions from Demand-side Approaches to Technology Innovation, Entrepreneurship and Strategic Management Research.” Journal of Management, 2012, 38: 346-374.
  • Ndofor, H. A. & Priem, R. L. “Immigrant Entrepreneurs, the Enclave Strategy and Venture Performance.” Journal of Management, 2011, 37: 790-818.
  • Priem, R. L. "A Consumer Perspective on Value Creation. "Academy of Management Review, 2007, 32: 219-235.
  • O'Connor, J., Priem, R. L., Coombs, J. & Gilley, K. M. "Do CEO Stock Options Prevent or Promote Fraudulent Financial Reporting?" Academy of Management Journal, 2006, 49: 483-500. (Featured article on Economist.com "What's in the Journals?" July 31, 2006).
  • Wu, S., Levitas, E. & Priem, R. L. "CEO Tenure and Company Invention Under Differing Levels of Technological Dynamism." Academy of Management Journal, 2005, 48: 859-873.
  • Shook, C. L., Priem, R. L., & McGee, J. E. "Venture Creation and the Enterprising Individual: A Review and Synthesis." Journal of Management, 2003, 29: 379-399.
  • Garg, V., Walters, B. A., & Priem, R. L. "Chief Executive Scanning Emphases, Environmental Dynamism and Manufacturing Firm Performance." Strategic Management Journal, 2003, 24: 725-744. (Selected as a "research translation" in the Academy of Management Executive, 2003, 17: 149-151).
  • Priem, R. L., & Butler, J. E. "Is the Resource-based 'View' a Useful Perspective for Strategic Management Research?" Academy of Management Review, 2001, 26: 22-40. (Selected for AMR "Decade" Award, 2011; Reprinted in Fundamentals of Business Strategy, Augier & Teece (Eds.), Sage Publications, 2008).
  • Priem, R. L., & Butler, J. E. "Tautology in the Resource-based View and the Implications of Externally Determined Resource Value: Further Comments." Academy of Management Review, 2001, 26: 57-66.
  • Priem, R. L., & Rosenstein, J. "Is Organization Theory Obvious to Practitioners? A Test of One Established Theory." Organization Science, 2000, 11: 509-524.
Awards / Recognition
  • M. J. Neeley Business School Award for Distinguished Achievement as a Creative Teacher and Scholar.
  • Deans' Research and Creativity Award, 2016, TCU (University-wide).
  • Emerald "Award of Excellence," 2015.
  • Academy of Management Review "Decade" Award, 2011.
  • Academy of Management Journal Outstanding Reviewer Award, 2010, 2002.
  • Business Advisory Council Award for Teaching Excellence, University of Wisconsin-Milwaukee, Lubar School of Business, 2005.
  • Business Advisory Council Research Award, University of Wisconsin-Milwaukee, Lubar School of Business, 2005.
  • International Society of Franchising Best Paper Award, London, May, 2005.
  • Outstanding Reviewer, Organization and Management Theory Division, Academy of Management, 2003, 2004, 2005.
  • "Favorite MBA Teacher" Awards, TCU: 2014, 2015, 2016.
  • "Gold Star Professor" Awards, University of Wisconsin-Milwaukee: MBA 2003, 2004, 2005, 2006, EMBA 2004.
  • Elected to the Academy of Distinguished Teachers (University-wide), The University of Texas at Arlington, 2001.
  • Keynote Speaker, 8th EIASM Conference on "Top Management Teams and Business Strategy," Seville, Spain, 2017.
  • Special Issue co-Editor, Organization Studies, 2016.
  • Closing Speaker, FINT Conference, Dublin, Ireland, 2016.
  • Special Issue co-Editor, Journal of International Management, 2015.
  • Keynote Speaker, XXVIII SEMEAD Conference, Sao Paolo, Brazil, 2015.
  • Keynote Speaker, IFERA Conference, Hamburg, Germany, 2015
  • Associate Program Chair, Program Chair and Chair for the Strategic Management Society’s Stakeholder Strategy Interest Group, 2012-2014.
  • Merit Review Panelist, National Science Foundation Directorate of Social, Behavioral and Economic Sciences, Decision, Risk & Management Sciences Program, 2011-2013.
  • Editorial Boards: Academy of Management Journal (2001-present); AMJ Editorial Board Advisory Committee (2001-2004); Academy of Management Review (2006-2014); Journal of Management (1994-2012); Journal of Management Studies (2008-2013); Organization Science (2013-present); Strategic Management Journal (2010-present).
  • Board of Directors, First International Network on Trust Research, 2010-2014.
  • iMBA program Advisory Board, Luiss Business School, Rome, 2009-2017.
  • Executive Committee, Business Policy & Strategy Division, Academy of Management, 2002-2004.
  • Departmental Academic Advisor, 2000-2004 (2 terms), Department of Management, Hong Kong Polytechnic University.
International Experience
  • Terna Chair in Business Ethics, Luiss Guido Carli University and Luiss Business School, Rome, Italy (2012-2014).
  • Permanent Visiting Professor, Luiss Guido Carli University and Luiss Business School, Rome, Italy (every March, 2008-2011; 2014-2017).
  • Regular Visiting Professor, Università Commerciale Luigi Bocconi, Milan, Italy (2010-2015).
  • Inaugural Distinguished Research Visiting Professor, Lingnan (University) College Business School, Sun Yat-sen University, Guangzhou, China (June, 2010).
  • Research Fellow, Management and Marketing Department, The Hong Kong Polytechnic University (February 2010, 2008).
  • Visiting Professor, Groupe Ecole Supérieure de Commerce et de Management, Tours, France (March 2001, 2002).
  • Visiting Associate Professor, The Hong Kong University of Science & Technology, 1997-1998.
  • J. William Fulbright Scholar, The University College of Belize, Central America, Fall, 1994.
  • Invited International Academic Presentations: Aalto University (Helsinki); Australian Graduate School of Management (Sydney); Bocconi University (Milan, Italy); Ca' Foscari University (Venice, Italy); Copenhagen Business School; ESCP-Europe; European University Viadrina, Frankfurt (Oder), Germany; ISCTE Business School (Lisbon, Portugal), Instituto Universitário de Lisboa (Portugal); Instituto Superior de Gestao (Lisbon, Portugal); Motorola University (Beijing, China); PUC-Parana (Curitiba, Brazil); Rotterdam School of Management, Erasmus University (Netherlands); Southwest University of Finance & Economics (Chengdu, China); Universidade do Porto (Oporto, Portugal); University of Bath (UK); University of Seville (Spain); University of Western Ontario (Canada).