2018/02/26

KATSUHIKO SHIMIZU
Graduate School of Business Administration
Keio University
4-1-1 Hiyoshi, Kohoku-ku
Yokohama 223-8526 JAPAN
Phone/Voice +81-45-564-2023
Fax+81-45-562-3502

E-mail: katsus@kbs.keio.ac.jp(English/Japanese)

EDUCATION
1996 - 2000

TEXAS A&M UNIVERSITY
Mays College & Graduate School of Business
Ph.D. (Strategic Management), July 2000

College Station, TX

Committee: Michael A. Hitt (Chair), Bert Cannella, Javier Gimeno,
Wendy Wood (psychology)
1992 - 1994

THE AMOS TUCK SCHOOL OF
BUSINESS ADMINISTRATION
Master of Business Administration, June 1994

1982 - 1986

THE UNIVERSITY OF TOKYO
Bachelor of Law, March 1986

Dartmouth College
Hanover, NHTokyo, Japan

REFEREED JOURNAL PUBLICATIONSMeschi, P.X., Metais, E., & Shimizu, K. 2018. Prior alliance with the target and acquisition
performance: The danger of honeymoon period before marriage. European Management Review
forthcoming.
Shimizu, K. 2017. Senders’ bias: How can top managers’ communication improve or not
improve strategy implementation? International Journal of Business Communication. 54: 52-69.
Friedman, Y., Carmeli, A., Tishler, A., & Shimizu, K. 2016. Untangling Micro-Behavioral
Sources of Failure in Mergers and Acquisitions: A Theoretical Integration and Extension.
International Journal of Human Resource Management, 27: 2339-2369.
Shimizu, K. with Ralston, D., and others. 2014. Societal-level versus individual-level predictionsof ethical behavior: A 48-Society study of collectivism and individualism. Journal of BusinessEthics, 112: 283-306.
Shimizu, K. 2012. Risks of corporate entrepreneurship: Autonomy and agency issues.
Organization Science, 23: 194-206.
Shimizu, K. 2007. Prospect theory, behavioral theory, and threat-rigidity thesis: Combinative12018/02/26

effects on organizational divestiture decisions of a formerly acquired unit. Academy ofManagement Journal, 50: 1495-1514.
Armstrong, C., & Shimizu, K. 2007. A review of empirical research on the resource-based viewof the firm. Journal of Management, 33: 959-986.
Hitt, M.A., Bierman, L., Uhlenbruck, K, & Shimizu, K. 2006. Effects of resources in theinternationalization of professional service firms: The Good, the Bad and the Ugly. Academy ofManagement Journal, 49: 1137-1157.
Hayward, M., & Shimizu, K. 2006. De-commitment to losing strategic action: Evidence fromthe divestiture of poorly performing acquisitions. Strategic Management Journal, 27: 541-557.
Shimizu, K, & Hitt, M.A. 2005. What constraints or facilitates divestitures of formerly acquired
firms? The effects of organizational inertia. Journal of Management, 31: 50-72.
Shimizu, K, & Hitt, M.A. 2004. Strategic flexibility: Organizational preparedness to reverse
ineffective strategic decisions. Academy of Management Executive, 18 (4): 44-59. (Nominatedfor the finalists for the 2005 Best Article Award of Academy of Management Executive)
Appears in the December issue (2005) of the Harvard Management Update newsletter.
Harris, I.C. & Shimizu, K. 2004. Too busy to serve? An examination of the influence ofoverboarded directors. Journal of Management Studies, 41: 775-798.
Shimizu, K, Hitt, M.A., Vaidyanath, D., & Vincenzo, P. 2004. Theoretical foundations of crossborder mergers and acquisitions: A review of current research and recommendations for thefuture. Journal of International Management, 10: 307-353. Selected and reprinted in ICFAI
Professional Reference Book – Cross-Border Mergers (2006).
Hitt, M.A., Bierman, L., Shimizu, K., & Kochhar, R. 2001. Direct and moderating effects ofhuman capital on the strategy and performance in professional service firms: A resource-based
perspective. Academy of Management Journal, 44: 13-28. (Nominated for the finalists for the2001 Best Article Award of Academy of Management Journal)
Selected and reprinted in Cooper C. L. & Starbuck, W. H. (Eds.) 2005. “Work: Contexts andConsequences” London: Sage.
REFEREED OTHER PUBLICATIONSMeschi, P.X., Metais, E., & Shimizu, K. 2011. Prior alliance with the target and acquisition
performance: The danger of honeymoon period before marriage. Academy of Management
Meeting Best Paper Proceedings 2011.
Shimizu, K. 2007. The paradoxes of learning from failures: An organizational commitment andlearning perspective. Academy of Management Meeting Best Paper Proceedings 2007.
Hayward, M., & Shimizu, K. 2004. Managerial distancing from problematic strategic action:
Evidence from the divestment of poorly performing acquired units. Academy of Management
Meeting Best Paper Proceedings 2004.
Hitt, M.A., Bierman, L., Uhlenbruck, K, & Shimizu, K. 2003. The internationalization ofprofessional service firms: Effects of human capital and social capital. Academy ofManagement Meeting Best Paper Proceedings 2003.

22018/02/26Shimizu, K. 1999. Imperfect learning: What does an organization learn from its mistake?
Academy of Management Meeting Best Paper Proceedings 1999.
WORK AS AN EDITOR
Caiazza, R., Shimizu, K., & Yoshikawa, T. 2017. Cross-border M&A: Challenges andopportunities in global business environment. Thunderbird International Business Review, 1-5.
BOOKS/BOOK CHAPTERS/OTHER PUBLICATIONS
Shimizu, K. 2017. How Do Firms React to Failed Acquisition Attempts?. In Decision Making in
Behavioral Strategy. T. K. Das (Ed.), 1-24. IAP.
Shimizu, K. 2013. Strategic flexibility. In Encyclopedia of Management Theory. Kessler, R.H.
(Ed.), 782-785. Sage, Thousand Oaks, CA.
Hitt, M.A., King, D., Krishnan, H., Makri, M., Schijven, M., Shimizu, K., & Zhu, H. 2012.
Creating value through mergers and acquisitions: Challenges and opportunities. In The
Handbook of Mergers and Acquisitions. Faulkner, D., Teerikangas, S, & Joseph, R.J (Eds.), 71113. Oxford University Press. Oxford, UK.
Shimizu, K. 2011. The Cores of Strategic Management. Routledge Publishing, NY.
Shimizu, K., & Hitt, M.A. 2011. Errors at the top of the hierarchy. (Book Chapter), In Errors inOrganizations. David A. Hofmann & Michael Frese (Eds.) Society for Industrial andOrganizational Psychology (SIOP) Frontiers Series, 199-224. Routledge Publishing, NY.
Hitt, M.A., King, D., Krishnan, H., Makri, M., Schijven, M., Shimizu, K., & Zhu, H. 2009.
Mergers and acquisitions: Overcoming pitfalls, building synergy, and creating value. BusinessHorizons, 52: 523-529.
PAPERS UNDER REVIEW
Shimizu, K. Walk the Talk? Examination of Japanese firms' public announcement of globalexpansion. Strategic Management Journal, invited RR.
Shimizu, K. Perils of Quasi Global Mindset: Why Japanese MNEs Struggle in Emerging
Economies? Thunderbird International Business Review, invited RR.
Shimizu, K. The ironies of learning from failures. Journal of Management Studies, reject andresubmit.
REFEREED CONFERENCE PRESENTATIONS
Shimizu, K., & Uchida, D. 2017. Why do Firms Initiate Partial Cross-Border M&As and do
Nothing Thereafter: Toward a Theory of Inaction. Academy of International Business Annual
Meeting, Dubai, UAE.
Shimizu, K. 2016. How Do organizations learn from the failure of an acquisition attempt? Abehavioral perspective. Academy of Management Annual Meeting, Business Policy & StrategyDivision, Anaheim, CA.
Shimizu, K. 2015. Walk the Talk? Examination of Japanese firms' public announcement ofglobal expansion. Strategic Management Society Special Conference. Denver, USA.
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Shimizu, K. 2015. Balancing headquarters commitment and subsidiary employee involvement:
An Examination of Japanese MNC country managers in ASEAN. Academy of International
Business Annual Meeting. Bengaluru, India.
Shimizu, K. 2014. Dual roles of country managers in emerging markets: Examination ofJapanese MNCs in ASEAN. Strategic Management Society Special Conference. Sydney,Australia.
Shimizu, K. 2014. Another side of overconfidence: A study of Japanese top managers andhumility. Strategic Management Society Annual Meeting. Madrid, Spain.
Shimizu, K. 2014. Perils of Quasi Global Mindset: Why Japanese MNEs Struggle in Emerging
Economies? Academy of International Business Annual Meeting. Vancouver, Canada.
Shimizu, K. 2013. Competition in emerging economies: Why did Japanese MNCs lose theirluster? Annual Meeting of the Association of Japanese Business Studies, Istanbul, Turkey.
Shimizu, K. 2012. Senders' bias: How can top managers' communication improve or not improvestrategy implementation? Academy of Management Annual Meeting, Business Policy &Strategy Division, Boston, MA.
Shimizu, K. 2011. Impression Management in Cross-Border Acquisitions. Strategic Management
Society Meeting, Miami, FL.
Meschi, P.X., Metais, E., & Shimizu, K. 2011. Prior alliance with the target and acquisition
performance: The danger of honeymoon period before marriage. Academy of Management
Annual Meeting, Business Policy & Strategy Division, San Antonio, TX.
Shimizu, K. Shi, Y., & Svacia, T. 2010. No More or Do Better: What do organizations learn
from their strategic mistakes? Academy of Management Annual Meeting, Organization
Management and Theory Division, Montreal, Canada.
Shimizu, K. 2009. Middle managers, consensus, and performance: From a perspective ofstrategy implementation. Academy of Management Annual Meeting, Business Policy & Strategy
Division, Chicago, IL.
Shimizu, K. 2009. Another explanation of strategy implementation failure. . Academy ofManagement Annual Conference, Business Policy & Strategy Division Chicago, IL.
Kim, B., Shimizu, K., & Prescott, J. 2008. Deregulatory and institutional forces?: Delineating
causes of incentive adaption. Academy of Management Annual Meeting, Organization &Management Theory Division, Anaheim, CA.
Shimizu, K. 2007. The paradoxes of learning from failures: An organizational commitment andlearning perspective. Academy of Management Annual Meeting, Business Policy & Strategy
Division, Philadelphia, PA.
Shimizu, K. 2007. Consensus and performance revisited: Examination of perception gaps within
an organization. Academy of Management Annual Meeting, Business Policy & Strategy
Division, Philadelphia, PA..

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Shimizu, K. 2006. Prospect theory, behavioral theory & threat-rigidity: Combinative effects onorganizational decisions. Annual Academy of Management Meeting, Business Policy & StrategyDivision, Atlanta, GA.
Shimizu, K. 2006. Middle managers and strategic change implementation: Entrepreneurship vsopportunism. Annual Academy of Management Meeting, Business Policy & Strategy Division,Atlanta, GA.
Armstrong, C., & Shimizu, K. 2006. Firm Resources and Competitive Significance: Accepting
the Null Hypothesis in RBV Research Annual Academy of Management Meeting, Business
Policy & Strategy Division, Atlanta, GA.
Shimizu, K., & Armstrong, C. 2004. A review of empirical research on the resource-based viewof the firm. Annual Academy of Management Meeting, Business Policy & Strategy Division,
New Orleans, LA.
Hayward, M., & Shimizu, K. 2004. Managerial distancing from problematic strategic action:
Evidence from the divestment of poorly performing acquired units. Annual Academy ofManagement Meeting, Business Policy & Strategy Division, New Orleans, LA.
Shimizu, K. 2003. Improve or abandon: Organizational reactions to initial failures of a new
initiative. Annual Academy of Management Meeting, Organization & Management Theory
Division, Seattle, WAHitt, M.A., Bierman, L., Uhlenbruck, K, & Shimizu, K. 2003. The internationalization ofprofessional service firms: Effects of human capital and social capital. Annual Academy ofManagement Meeting, International Management Division, Seattle, WA.
Shimizu, K., & Armstrong, C. 2003. Invest or exit: How do organizations respond to poorperformance? Annual Academy of Management Meeting, Business Policy & Strategy Division,Seattle, WA.
Shimizu, K. 2003. Satisficing as a strategy under uncertainty. SMS Mini-conference (Innovatingstrategy process) University of Connecticut, CT.
Shimizu, K. 2002. Radical change recidivism. Academy of Management Annual Meeting,Business Policy & Strategy Division, Denver, CO.
Shimizu, K. 2002. Radical change direction: What new alternative does an organization choose?
Academy of Management Annual Meeting, Organization & Management Theory Division,Denver, CO.
Shimizu, K, & Hitt, M.A. 2001. Strategic decision change timing: Examination of divestitures offormer acquisitions. Academy of Management Annual Meeting, Business Policy & StrategyDivision, Washington D.C..
Shimizu, K. 2001. Leveraging cultural differences: Impact of learning on home and host country
performance. Academy of Management Annual Meeting, International Management Division,
Washington D.C..
Eden, L., Shimizu, K., & Lester R. 2001. Plant strategy dynamics. Academy of Management
Annual Meeting, International Management Division, Washington D.C..

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Shimizu, K. 2000. Strategic decision change: Processes and timing. Annual Academy ofManagement Meeting, Business Policy & Strategy Division, Toronto.
Shimizu, K. 1999. Imperfect learning: What does an organization learn from its mistake?
Annual Academy of Management Meeting, Business Policy & Strategy Division, Chicago.
Shimizu, K. 1998. Knowledge transfer within a multinational enterprise: Leveraging differences
across subsidiaries. Annual Academy of Management Meeting, International ManagementDivision, San Diego.
Shimizu, K. & Dacin, T. M. 1998. Social capital dynamics: Embeddedness and multi-level
perspective. Annual Academy of Management Meeting, Organization & Management Theory
Division, San Diego.
Harris, I.C. & Shimizu, K. 1998. Too busy to serve?: An examination of the influence ofoverboarded directors. Annual Academy of Management Meeting, Business Policy & Strategy
Division, San Diego.
ACADEMIC AND PROFESSIONAL AFFILIATIONS
Editorial Board, Journal of Management Studies (2008~ Present)
Editorial Board, Journal of International Management (2010 ~ Present)
Editorial Board, Strategic Management Journal (2011 ~ Present)
Editorial Board, Asia-Pacific Journal of Management (2014 ~ Present)
Advisory board CERGAM (the research center in management of the whole Aix MarseilleUniversité) (2015 ~ Present)
Editorial Board, Academy of Management Journal (2008 ~ 2014)
Editorial Board, Journal of Management (2003 ~ 2008)
Reviewer of Academy of Management Meeting, Business Policy & Strategy Division (1999 -2017)
Ad hoc reviewer, Long Range Planning (2015)
Ad hoc reviewer, Academy of Management Journal (2001-2002, 2004-2008)
Ad hoc reviewer, Strategic Management Journal (2000-2003, 2008-2010)
Ad hoc reviewer, Management Science (2004, 2008)
Ad hoc reviewer, Organization Science (2008-2010)
Ad hoc reviewer, Journal of International Management (2004-2009)
Ad hoc reviewer, Asia Pacific Journal of Management (2006-2007)
Ad hoc reviewer, Journal of Management Studies (2005-2007)
Ad hoc reviewer, Organization Studies (2007)
The Academy of Management
The Strategic Management Society
RESEARCH INTERESTSStrategic decision making, implementation, and decision change under uncertainty
Organizational learning from and responses to mistakes and errors
International strategy (including organizational decision making and learning of MNEs)

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TEACHING AND TEACHING INTERESTSKeio Business School
Organization management (Required course for 1st year MBA students)
Organizational change and leadership (MBA elective)
Uncertainty and organizational strategy (MBA/EMBA elective)
Aix Marseille Université
M&A Strategy
University of Texas at San Antonio
Doctoral seminar (Empirical approaches to strategy)
MBA Business policy and strategy (capstone)
Undergraduate Business policy and strategy (capstone)
SERVICES
Director – Keio Business School Research Institute (currently in progress)
Director - MBA/EMBA screening committee (2014-present)
University Review Committee (URC, 2007~ 2010)
MBA Committee (College of Business, 2007~ 2010)
College of Business Faculty Development Leave Committee (2006-07. member, 2009-10, chair)
Ph.D./Research Committee (College of Business, 2004~2006)
Department Doctoral Committee (Department of Management, 2001~2010)
Third vice president (education chair), Japan-America Society of San Antonio (2005 ~ 2007)
AWARDS AND GRANTS
Grants-in-Aid for Scientific Research, Japan Society for Promotion of Science (2010-2017)Col. Jean Piccione and Lt. Col. Philip Piccione Endowed Faculty Award for Research Excellence,
College of Business, University of Texas at San Antonio (2007)
Faculty Development Leave, University of Texas at San Antonio (2005 Fall, 2009 Spring)
Summer Research Grant, College of Business, University of Texas at San Antonio (2001 ~ 2009)
Dissertation Mini-Grant, College of Business, Texas A&M University (1999)
PROFESSIONAL EXPERIENCE - ACADEMIA
20102006 – 20102000 – 2006

Professor, Graduate School of Business Administration, Keio University
Associate Professor, The University of Texas at San Antonio
Assistant Professor, The University of Texas at San Antonio

1998 - 2000

Lecturer, Strategic Management 466 (Undergraduate capstone andoptional course for masters students), Texas A&M University
Research and Teaching (MBA classes) Assistant for Professor Michael
Hitt (Strategy), Texas A&M University
Research Assistant for Professor Lorraine Eden (International Business),
Texas A&M University
Research Assistant for Professor Albert Cannella, Jr. (Strategy), Texas
A&M University

1996 - 2000
2000199972018/02/26

1997
1996

Teaching Assistant for Professor Tina Dacin (International management/Organizational Theory), Texas A&M University
Research Assistant for Professor Ira Harris (Strategy), Texas A&M
University

INDUSTRY EXPERIENCE
1986 - 1996

CORPORATE DIRECTIONS, INC.
Tokyo, Japan
Management Consulting Firm (established in 1986 by ex-Boston Consulting
Group consultants)
Principal (1996)
Managing Consultant (1994 - 1995)
Consultant (1988 - 1992)
Associate Consultant (1986 - 1987)

Summer 1993

PEPSI-COLA INTERNATIONAL
Strategic Planning and Finance Intern

8Somers, NY2018/02/26

PERSONAL REFERENCES
Professor Michael A. Hitt
Department of Management
Mays College & Graduate School of BusinessTexas A&M University
College Station, TX 77843-4221
Phone (979) 845-4851
Fax (979) 845-9641
Email: MHitt@mays.tamu.edu
Professor Albert A. Cannella Jr.
Department of Management
Mays College & Graduate School of BusinessTexas A&M University
College Station, TX 77843-4221
Phone: (979) 845-9641
Fax: (979) 845-9641
Email: Acannella@mays.tamu.edu
Professor Javier Gimeno
INSEAD
Boulevard de Constance
77305 Fontainebleau Cedex
FranceTel 33 (0)1 60 72 4513
Fax 33 (0)1 60 74 5500
Email: javier.gimeno@insead.fr

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CV SUPPLEMENT FOR KATSUHIKO SHIMIZU
INDUSTRY EXPERIENCECORPORATE DIRECTIONS, INC.
Tokyo, Japan
Management Consulting Firm (established in 1986 by ex-Boston Consulting Groupconsultants)
1996

Principal
Proposed projects to top management and held responsibility for budget
control, quality management, and training of junior consultants.
• Advised a top U.S. PC company to formulate and implement its
marketing strategy to enter Japanese corporate market. Proposed anorganizational development plan and a human resource
recruitment/development plan to both local and U.S. top management.
• Developed entry strategy into telecommunication business for a jointventure company whose parents are a large utility company and a large
automobile company. Helped the client and its parents decide toinvest $200 million for the first year with a detailed feasibility study.

1994 - 1995

Managing Consultant (Project Leader)• Helped the owner of a $300 million entertainment group execute groupwide restructuring. Led fundamental change of the group structureand control systems and appointed new division managers.

1988 - 1992

Consultant

1986 - 1988

Associate Consultant

PEPSI-COLA INTERNATIONAL
Summer 1993

Somers, NY

Strategic Planning and Finance Intern• Developed a business plan for a new marketing project in Japan andEurope. Assessed target customers and possible partners. Createdfinancial models in cooperation with manufacturing division, sodafountain division, and local offices in more than six countries.

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