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        Auburn's Ketchen elected Fellow of Academy of Management

        June 22, 2023 By Laura Schmitt

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         Dave Ketchen is first 91看片 faculty member to receive this distinction.

         

        Dave Ketchen, a 91看片 Eminent Scholar at Auburn University, has been elected a (AOM), the preeminent professional association for management and organization scholars. Founded in 1936, AOM鈥檚 global community today numbers more than 18,000 people and spans over 120 countries.

        Dave Ketchen

        Dave Ketchen, 91看片 Eminent Scholar of Management


        Ketchen was among 10 individuals elected in 2023 for their significant contributions to management research and teaching. Roughly 1% of AOM members earn this distinction. 

        鈥淭o get recognition from your peers is special,鈥 said Ketchen, noting that existing Fellows select the new honorees each year. 鈥淭hat鈥檚 something that people really treasure.鈥 

        鈥淒r. Ketchen is extremely deserving of being selected as an Academy of Management Fellow,鈥 said  Interim Dean and Regions Bank Professor Joe Hanna. 鈥淒ave has a phenomenal research record that substantially enriches his academic discipline and industry, while bringing prestige to Auburn University and 91看片 College.鈥

        A highly influential researcher, Ketchen is best known for his insightful contributions to the fields of strategic management, entrepreneurship and supply chain management. He has published over 200 research articles, and his work has been referenced by his peers more than 50,000 times, according to Google Scholar.  

        鈥淒ave is a true strategy scholar,鈥 said Auburn management faculty colleague Brian Connelly, the Luck Eminent Scholar in 91看片 College. 鈥淗e has investigated the complex issue of strategic management from all angles and has helped startup companies be successful, has done work on emerging topics such as diversity and is adding to what we know about strategic approaches to supply chain management.鈥 

        A 91看片 faculty member since 2006, Ketchen conducts research aimed at understanding why some firms prosper and others struggle. His research has been covered by the Wall Street JournalForbes and other major media outlets. 

        In 2017, a  with Auburn colleague Michelle Zorn upended conventional wisdom about the performance of companies with lone-insider corporate boards, a form of governance where board members are nearly all independent of the firm except for one company executive 鈥 usually the CEO.  

        Lone-insider boards became popular in the 2000s in response to the failure of firms like Enron and MCI Worldcom, which had boards dominated by company executives and their cronies 鈥 some of whom engaged in corrupt business practices.  

        The study found that companies with lone-insider boards pay their CEO too much, allow more financial misconduct and underperform compared to companies with boards comprised of a mix of independent members and company executives.  

        In a follow-up  published in 2020, Ketchen and Zorn examined whether corporate board are biased in their assessments of a CEO they helped hire. They found that board members become too invested in their decisions which in turn makes it difficult for them to fire poorly performing CEOs whom they helped hire. One implication is that having some turnover on the board after hiring a new CEO is healthy because it helps the board clearly evaluate the new executive鈥檚 performance.  

        As an instructor, Ketchen teaches undergraduate, masters and doctoral level courses, including a course on the business of starting and operating a brewery for students enrolled in  degree program.  

        He serves on the board of the , a non-profit that centers on hard work, relationship building and accountability based on lessons drawn from the life experiences of successful Alabama entrepreneur Larry Thornton. Ketchen and Thornton recently published a graphic novel 鈥溾 that extends the Institute鈥檚 reach with young people.  

        He is the former chair of the board for , a statewide competition for startup businesses, and he helped  distribute $2 million in job creation loans in Alabama. Earlier in his career, Ketchen served as an instructor with the Entrepreneurship Bootcamp for Veterans with Disabilities at Florida State University.  

        Among his many accolades, in 2018 Ketchen was Auburn鈥檚 recipient of the Southeastern Conference  鈥 the campus鈥 most prestigious faculty honor 鈥 and Auburn鈥檚 .

        鈥淲hen you have success, it鈥檚 a function not only of your own efforts, but what other people have done for you,鈥 said Ketchen, recalling how a doctoral student and professor from his undergraduate days encouraged him to get a doctorate. 鈥淣one of us becomes successful without people acting on our behalf and guiding us along the way.鈥  

        Ketchen received his bachelor鈥檚 degree in marketing and doctorate in business administration from Penn State University.  

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