Razvan Lungeanu

Assistant Professor of Management and Organization
Department: Management and Organization
Office: 415 Business Building
Phone: 814-865-2463
E-mail: r-lungeanu@psu.edu



Curriculum Vitae

Please click here for CV.

Current Research

My research examines corporate governance and strategic decision-making through a behavioral lens.  Specifically, I consider how socio-cognitive and socio-political factors are relevant for our understanding of how owners, directors, and senior managers affect the strategic decisions and outcomes of both entrepreneurial and established firms.   

One stream of research focuses on the backgrounds and experiences of individual owners and executives.  For example, one study highlights the importance of matching the specific expertise of venture capitalist owners with the strategic needs of firms seeing to go public.  Another study focuses on how outside directors having a particular blend of expertise can be more influential in driving a firm’s strategy.  A third study addresses how key decisions made by managers of technology-driven firms are affected by differences in aspiration levels and resource availability. 

Another related stream of research focuses on how influential owners and managers drive socially responsible decisions.  I have studied why/how top executives engage in corporate social or philanthropic practices, how moral concerns of institutional entrepreneurs give rise to the growing area known as impact investing, and how venture capitalists view the impact investing field. 


Corporate Governance
Venture Capital
Socially Responsible Investing
Business and Corporate Strategy

Publication List

Lungeanu, R., Stern I., Zajac E., "When Do High-Technology Firms Change Technology-Sourcing Vehicles? The Role of Poor Innovative Performance and Financial Slack", Strategic Management Journal, 2015, Forthcoming,

Lungeanu, R., and E. Zajac, "Venture Capital Ownership as a Contingent Resource: How Owner/Firm Fit Influences IPO Outcomes", Academy of Management Journal, 2015, Forthcoming,

Lungeanu, R., & Ward, J. L., "A Governance-Based Typology of Family Foundations: the Effect of Generation Stage and Governance Structure on Family Philanthropic Activities", Family Business Review, 2012, 25(4), pp. 409-424.


PhD, Management and Organizations, Northwestern University | Kellogg School of Management, 2013


MGMT 215, The Entrepreneurial Mindset

MGMT 427, Managing an Entrepreneurial Start-up