Li S., Levitas E., Goranova M. Large Shareholders and Firm Innovation: A Study of Biotech Industry, Academy of Management Conference, 2008.

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1 Assistant Professor Organizations and Strategic Management Office: (414) Sheldon B. Lubar School of Business, # S381 Fax: (414) University of Wisconsin Milwaukee Milwaukee, WI Education Ph.D. Business Administration, Syracuse University, Whitman School of Management Dissertation title: On Both Sides of the Deal: How Does Overlapping Institutional Ownership affect Mergers and Acquisitions? MBA and B.S. (Business Administration), Sofia University St. Kliment Ohridski, Bulgaria Master s thesis: Power distance in Management Université des Sciences et Technologies de Lille, France A six-month TEMPUS program sponsored by the European Union Research Interests Corporate Governance, Mergers and Acquisitions, Corporate Diversification, Executive Compensation, Shareholder Activism Publications Hadani M., Goranova M., Khan R Institutional Investors, Shareholder Activism, and Earnings Management, Journal of Business Research, in press. Goranova M., Dharwadkar R., Brandes P Owners on Both Sides of the Deal: Mergers and Acquisitions and Overlapping Institutional Ownership, Strategic Management Journal, 31(10): Dharwadkar, R., Goranova, M., Brandes, P., & Khan, R Institutional Ownership and Monitoring Effectiveness: It's Not Just How Much, but What Else You Own, Organization Science, 19(3): Brandes P., Goranova M., Hall S Navigating Shareholder Influence: Compensation Plans and the Shareholder Approval Process, Academy of Management Perspectives, 22(1): Goranova M., Alessandri T., Brandes P., Dharwadkar R Managerial Ownership and Corporate Diversification: A Longitudinal Examination, Strategic Management Journal, 28(3): Brandes P, Hadani M., Goranova M Stock Options Expensing: An Examination of Agency and Institutional Theory Explanations, Journal of Business Research, 59(5):

2 Proceedings Goranova M., Dharwadkar R., Brandes P Owners on Both Sides of the Deal: Mergers and Acquisitions and Overlapping Institutional Ownership, Academy of Management Best Paper Proceedings, Refereed Conference Presentations Goranova M., Oriani R., Perrufo E. Ties that Bind: Investigating the Impact of Ownership on Divestiture Performance of European Firms, Strategic Management Society Conference, 2011 Goranova M., Priem R., Ndofor H., Trahms C. Dualistic Nature of Corporate Governance? Investigating the Effects of Monitoring and Incentive Alignment on M&A Performance, Strategic Management Society Conference, 2010 Ndofor, H, Trahms C, Priem R, Goranova M. New CEO Incentive Compensation and Prior Experience Effects on Exploration and Performance, Academy of Management Conference, 2010 Hou W., Priem R., Goranova M. Does One Size Fit All? The Effects of CEO Compensation Types on Firm Performance over CEO Tenure, Academy of Management Conference, Goranova M. Corporate Governance on Both Sides of the Deal: Implications for Mergers and Acquisitions, International Association for Business and Society, Goranova M., Dharwadkar R., Brandes P. Owners on Both Sides of the Deal: Mergers and Acquisitions and Overlapping Institutional Ownership, Academy of Management Conference, Li S., Levitas E., Goranova M. Large Shareholders and Firm Innovation: A Study of Biotech Industry, Academy of Management Conference, Goranova, M., Khan, R., Hadani, M. & Das, D. Two Sides of Same Coin? Longitudinal Examination of Monitoring and Activism on Earnings Management, Academy of Management Conference, Khan, R., Goranova, M., Dharwadkar, R. & Brandes, P. It s Not Just How Much You Own, It s Who Else You Own: The Effect of Institutional Owners Portfolios on Executive Compensation, Academy of Management Conference, Brandes P., Hadani M., Goranova M. Paying the Price of a Free Lunch: Agency and Institutional Explanations for Stock Option Expensing, Academy of Management Conference, Senjem, J., Rilington K., Goranova M. Is Profitability Linked to Social Networks in New Hollywood Film Ventures?, Academy of Management Conference,

3 Invited Presentations Levitas E., Goranova M., Li S. 'Expert' Blockholders and Firm Innovation: A study of the U.S. Biotech Industry, 21st Century Corporate Governance: Scholarship Meets Practice, San Diego, California, April 2011 (presenter). Goranova M., Priem R., Ndofor H., Trahms C. Dualistic Nature of Corporate Governance? Investigating the Effects of Monitoring and Incentive Alignment on M&A Performance, Syracuse University, October 2010 (presenter). Goranova M., Dharwadkar R., Brandes P. Owners on Both Sides of the Deal: Mergers and Acquisitions and Overlapping Institutional Ownership, Marquette University, March 2010 (presenter). Goranova M., Priem R., Ndofor H., Trahms C. Value-Destroying Mergers and Acquisitions: Exploring the Impact of Corporate Governance & Upper Echelons Characteristics, Corporate Governance: New Theories, Trends and Evidence symposium, University of St. Thomas & San Diego State University, Houston, TX, 2009 (presenter). Brandes P., Goranova M., Dharwadkar R. Do Portfolio Characteristics Compromise Large Institutional Owner Monitoring?: An Examination in the Context of M&As. Corporate Governance: New Theories, Trends and Evidence symposium, University of St. Thomas & San Diego State University, Houston, TX, Dharwadkar, R., Goranova, M., Brandes, P., & Khan, R. Institutional Ownership and Monitoring Effectiveness: It's Not Just How Much You Own, It s What Else You Own, Conference on Corporate Governance, Northwestern University in Chicago, Il., Teaching Experience University of Wisconsin Milwaukee, Sheldon B. Lubar School of Business, 2007 present Assistant Professor Fall 2011 Strategic Management BA712; Management Analysis BA600 Spring 2011 Management Analysis BA600 (3 sections) Fall 2010 Organization Theory Doctoral Seminar Spring 2010 Management Analysis BA600 (2 sections) Fall 2009 Management Analysis BA600 (2 sections) Spring 2009 Management Analysis BA550 (2 sections) Fall 2009 Strategic Management BA712; Management Analysis BA550 Spring 2008 Management Analysis BA550 (2 sections), Independent Study Fall 2007 Management Analysis BA550 (2 sections) Luiss University, Rome, Italy 2010, Visiting Professor Corporate Governance Doctoral Seminar Corporate Strategy International MBA class Syracuse University, Whitman School of Management, Instructor (full responsibility) for Strategy and Leadership: undergraduate core course (SHR247, 5 semesters) Teaching Assistant - Organization Theory Doctoral seminar; Managing in Global Settings - core course in Global Business; 3

4 Awards and Distinctions - Izzet Sahin Research Award, 2011, UW-Milwaukee, Lubar School of Business - Finalist for Glueck Best Paper Award 2008, BPS division (with Dharwadkar and Brandes) (5 finalists of 642 submissions) Doctoral Prize, Martin J. Whitman School of Management, Syracuse University - Outstanding Reviewer Award o Business Policy and Strategy division, Academy of Management, Anaheim, 2008 o Business Policy and Strategy division, Academy of Management, Honolulu, Phi Beta Delta International Scholarship Honors Society Committee Service UWM: Economic Benefits Committee Lubar School of Business: Teaching Committee, member Dissertation Committee member - Peter Snyder, 2008 SIM division Best Dissertation Award Finalist, AOM Joseph Gerard, Paul Forshey, Wanrong Hou,in progress - dissertation committee co-chair - Abdullah Alshwer, in progress Doctoral Comprehensive Examination Committee member (4 sessions) Fox Point Water and Sewers Committee, member, present Professional Service Activities Editorial board, Journal of Management, present Ad hoc Reviewer for: Journal of Management Studies Journal of Business Research Managerial and Decision Economics Reviewer for: Academy of Management Conference (BPS division: ; OMT: ; IMD: 2005) International Association for Business and Society ( ) International Association for Chinese Management Research Conference (2010) Strategic Management Society special conference CK Prahalad: Reaching Over Boundaries and Expanding Possibilities (2011) Session facilitator for inter-division session "A Better Understanding of CEO Compensation", Academy of Management Conference,

5 Chair for BPS session Strategy Process: Leading the Way to Sound Governance, Academy of Management Conference, 2006 Grants 2009 Lubar School of Business Research Committee scholarly research minigrant 2008 Lubar School of Business Research Committee scholarly research minigrant 2008 Faculty Development Grant from the M&I Marshall & Ilsley Center for Business Ethics 2007 Summer Research grant by Whitman Research Committee 2006 Summer Research grant by Whitman Research Committee 2004 Summer Research grant by Earl V. Snyder Innovation Management Research Center 2004 Syracuse University Summer Fellowship Award 2003 Syracuse University Summer Fellowship Award 1994 TEMPUS Scholarship for studying in USTL, Lille, France Business Experience Chief Accountant, SIAD BG Technical Gases Ltd. Bulgarian subsidiary of PRAXAIR Responsible for financial reporting and budgeting, as well as statutory and intra-group accounting compliance. Oversight for 25 offices and 2 technical gas plants Accountant, TMF Services Ltd Financial and management accounting for firm s clients Expert, First Private Bank plc, Treasury Department Accounting and management of financial institutions accounts with the bank. Affiliations Academy of Management (BPS, OMT, RM divisions) Strategic Management Society (SMS) International Association for Business and Society (IABS) International Association for Chinese Management Research (IACMR) 5

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