2020, 2014, 2005 Schulich Research Award
2013, 2012, 2005, 2004 Nominated Schulich Teaching Award
Deutsch, Y. and Weitzner, D. (2019), "Why the Time Has Come to Retire Instrumental Stakeholder Theory", Academy of Management Review, 44(3), 694-698.
Deutsch, Y. and Weitzner, D. (2019), "Why the Time Has Come to Retire Instrumental Stakeholder Theory", Academy of Management Review.
Deutsch, Y., Keyhani, M., Lévesque, M. and Madhok, A. (2015), "Exploration-Exploitation Strategies and Exit Outcomes of New Ventures", Frontiers of Entrepreneurship Research BCERC Proceedings, 34(11), 1-17.
The theory of exploration and exploitation is based on the logic of trade-offs and yet empirical research has rarely investigated these trade-offs as manifested between different dimensions of performance. In the context of start-ups, getting acquired is an additional performance dimension previously ignored in the ambidexterity literature. This paper utilizes the recently completed Kauffman Firm Survey data to investigate the relationship between exploration and the profitability, survival, and acquisition likelihood of start-ups simultaneously. A balance-is-best relationship is found for profitability of survived firms and for the acquisition likelihood of high tech firms, while an exploitation focus is found to maximize the survival chances of low and medium tech firms. For low and medium technology start-ups we find evidence of a trade-off between survival likelihood and profitability-given-survival, and for high tech start-ups we find evidence of a differently shaped trade-off between acquisition likelihood and profitability-given-survival.
Deutsch, Y. and Weitzner, D. (2015), "Understanding Motivation and Social Influence in Stakeholder Prioritization", Organization Studies, 36(10), 1337-1360.
Insight into organizational responses to stakeholder claims and influence attempts is critical to understand the challenges currently facing managers and organizations. Drawing on Kelman’s (1958) model of social influence, we advance the field’s understanding of the factors driving firm-level prioritization of competing stakeholder claims by developing a theoretical framework that accounts for both the stakeholder attributes that are important to relevant decision makers, and the decision makers’ motivations for accepting or rejecting the influence attempts of varying stakeholders. Our framework distinguishes itself from existing research by focusing on stakeholder prioritization, not salience, recognizing that stakeholder-related decisions result from group interaction and that important decision makers are not limited to those found within the classic boundaries of the firm. Consequently, we argue that decision makers are simultaneously stakeholders with attributes that might be relevant to other decision makers involved in prioritization. In addition, we identify a more extensive set of stakeholder attributes that includes powerlessness and illegitimacy.
Deutsch, Y. and Valente, M. (2013), "Compensating Outside Directors with Stock: The Impact on Non-Primary Stakeholders", Journal of Business Ethics, 116(1), 67-85.Keywords
Two obvious trends in corporate governance include broadening board accountability beyond shareholders’ interests and paying outside directors with equity compensation (stock and stock options). By integrating common agency and instrumental stakeholder theories, we examine the effect of stock compensation on secondary stakeholders and a firm’s participation in social issues, two areas where interests are less aligned with shareholder value. Consistent with our predictions, we found that while stock compensation may be an effective way to align directors’ goals to those of shareholders, it has adverse effects on important non-shareholder constituencies in the company’s operating environment.
Deutsch, Y. and Valente, M. (2013), "The Trouble with Stock Compensation", Sloan Management Review, 54(4), 19-20.
Project Title Role Award Amount Year Awarded Granting Agency Project TitleFostering Trust Between Leaders and Their Followers: A Signaling Framework Role Award Amount$175,852.00 Year Awarded2019- 2023 Granting AgencySocial Sciences and Humanities Research Council - Standard Research Grant Project TitleFostering Trust Between Leaders and Their Followers: A Signaling Framework Role Award Amount$60,000.00 Year Awarded2020-2023 Granting AgencyDepartment of National Defense Research Initiative Project TitleThe Performance and Exit Trade-offs of Start-ups Role Award Amount$49,410.00 Year Awarded2015-2017 Granting AgencySocial Sciences and Humanities Research Committee, Insight Development Grants Project TitleSize Matters - Deconstructing the Effects of Agency Theory, Institutional Theory, and Behavioural Learning Theory in Small and Large Mergers and Acquisitions Role Award Amount$73,950.00 Year Awarded2010-2014 Granting AgencySocial Sciences and Humanities Research Council - Standard Research Grant Project TitleThe Influence of Outside Directors' Stock-Based Compensation on Firms' Strategic Decisions and Financial Performance Role Award Amount$75,648.00 Year Awarded2003-2007 Granting AgencySocial Sciences and Humanities Research Council - Standard Research Grant Project TitleReaserch fund Role Award Amount$75,000.00 Year Awarded2002-2005 Granting AgencySchulich School of Business