MARGARET HUGHES-MORGAN
403 N. Business Complex • East Lansing, MI48824
859-967-3913
Education
University of Kentucky
Ph.D. – Strategic Management (2008)
Massachusetts Institute of Technology – SloanSchool of Management
M.S. – Management (1991)
DukeUniversity
B.A. – Economics (1987)
RESEARCH INTERESTS
Competitive Dynamics, Investor Cognition, Entrepreneurship, Top Management Team Effectiveness
RESEARCH
Hughes-Morgan, M., Kendrick, J., & Morgan, F. 2010. Strategic Change in the Pharmaceutical Industry: theImpact of Direct-to-Consumer Advertising for Prescription Medicines. International Journal of Information Systems and Change Management 4:246-257.
Hughes-Morgan, M., Ferrier, W., & Labianca, J.2010. Competitive Strategy and Stock Risk: Investors’ Responses to Perceived Incongruity Between TMT Heterogeneity and Competitive Actions. Carpenter (Ed.) Handbook of Top Management Team Research.
Hughes-Morgan, M. & Ferrier, W. The Evaluation of Competitive Strategy by Long-buyers and Short-Sellers.
Revise and resubmit - Strategic Management Journal - Under second review
Hughes-Morgan, M., Uhlenbruck, K., Hitt, M., Ferrier, W., & Brymer, R.Response to Mergers and Acquisitions: A Competitive Dynamics Perspective.
Under review at the Strategic Management Journal
Hughes-Morgan, M. & Ferrier, W. An Empirical Study of Competitive Maneuvering and Stock Risk. Revise and resubmit - Journal of Management
Yao, E., Hughes-Morgan, M.,Prescott, J. Social Capital and Value Appropriation: A Study of Technology Alliances in the Pharmaceutical Industry.
Under review at the Journal of Management Studies
Hughes-Morgan, M.,Tao, Y., & McNamara, G. A Meta-Analysis of Competitive Dynamics Measures.
Decision Sciences Institute Proceedings, Decision Sciences Institute Conference 2010, San Diego, CA
Hughes-Morgan, M. & Ferrier, W. How “Short-Interest Pressure” Influences Competitive Behavior.
To be submitted to the Strategic Management Journal – August 2011
Best Paper Award Nominee-Strategic Management Society 2011 conference, Miami, FL.
Uhlenbruck, K., Hitt, M., Brymer, R., Hughes-Morgan, M., & Ferrier, W. Returns to Mergers and Acquisitions.
Hughes-Morgan, M. Assignment of Stock Risk Based on Real Options Strategies.
Brown, B., Hughes-Morgan, M., Morgan, F. Sustainable Competitive Advantage: Developing an Alternative Definition with Contemporary Applications.
Hughes-Morgan, M. & Hodges, G.Changing Strategies in a Financial Crisis.
Hughes-Morgan, M. & Hodges, G.An Action-Based View of the Firm.
Hughes-Morgan, M., Tao, Y., & Calantone, R.The Effect of Social Networks on Competitive Dynamics.
Tao, Y., Hughes-Morgan, M., & Calantone, R.Organizational Ambidexterity in the Context of Competitive Dynamics.
Presentations
Hughes-Morgan, M. & Ferrier, W. How “Short-Interest Pressure” Influences Competitive Behavior.
To be presented at the Strategic Management Society 2011 conference, Miami, FL.
Best Paper Award Nominee
Hughes-Morgan, M.,Tao, Y., & McNamara, G. A Meta-Analysis of Competitive Dynamics Measures.
Presented at the Decision Sciences Institute Conference 2010, San Diego, CA
Decision Sciences Institute Proceedings
Uhlenbruck, K., Hitt, M., Brymer, R., Hughes-Morgan, M., & Ferrier, W. Stock Returns to Mergers and Acquisitions.
Presented at the Strategic Management Society 2010 special conference, Lapland, Finland.
Best Paper Award Finalist
Hughes, M. & Ferrier, W. The Evaluation of Competitive Strategy by Long-Buyers and Short-Sellers.
Presented at the Strategic Management Society 2009Conference, Washington, D.C.
Best Paper Award Nominee
Hughes, M. & Ferrier, W. Investors’ Reactions to Competitive Actions among Rivals:
A Step Toward Strategic Asset Pricing Theory.
Presented at the Strategic Management Society 2008 Conference, Cologne, Germany.
Brown, B., Hughes, M., Morgan, F. Sustainable Competitive Advantage: Developing an
Alternative Definition with Contemporary Applications.
Presented at the Business Policy and Strategy Division, 2008 Academy of Management Meeting, Anaheim, CA.
Hughes, M. & Ferrier, W. The Dark Side of Competitive Dynamics. An Empirical Study of Competitive Strategies and Short Interest.
Presented at the Business Policy and Strategy Division, 2007 Academy of Management Meeting, Philadelphia.
McFaddin, D., Hughes, M., & Morgan, F.Telecommunications Deregulation: Good Public Policy?
Presented the 2006 American Marketing Association Summer Educators’ Conference, Chicago,.
Hughes, M., Ferrier, W., & Labianca, J. Competitive Strategy and Stock Risk:Investors’Responses to Perceived Incongruity Between TMT Heterogeneity and Competitive Actions.Presented at the Business Policy and Strategy Division, 2006 Academy of Management Meeting, Atlanta.
Hughes, M. Buying a Hedge or Hedging Your Bets. The Assignment of Stock Risk Based on Real Options Strategies.
Presented at the 2006 Strategic Management Society Meeting, Vienna, Austria.
Yao, E., Hughes, M., & Prescott, J. Social Capital and Value Appropriation:A Study of Technology Alliances in the Pharmaceutical Industry.
Presented at the Strategic Management Society 2005 conference.
Hughes, M. & Ferrier, W. Strategic Lucidity or Mixed Signals? An Empirical Study of Competitive Maneuvering and Stock Return Risk.
Presented at the Strategic Management Society 2005 conference.
Best Paper Award Nominee
Winner – Best Student Paper Award
Hughes, M. A Contingency Theory and Transaction Cost Analysis of Sales Force Specialization.
Presented at Midwest Academy of Management 2006 conference.
Hughes, M. The Social Networks of Institutional Investor Rankings.
Presented at Midwest Academy of Management 2006 conference.
Professional experience
MichiganStateUniversity
Assistant Professor, 2008-present
MPR Pharmaceutical Research, Inc., Farmington Hills, Michigan
Board of Directors 2010-present
United Bank of Switzerland, New York City
Director – Global Healthcare Sales, 2000-2001
Managed the global healthcare effort including cost and profit analysis within the firm. Covered top 50 global accounts.
Responsible for training analysts and relaying financial research to the institutional sales force.
Expert resource to the sales force on all healthcare-related issues.
Lehman Brothers, Inc.,New York City
Salesperson – Global Healthcare Sales, 1995-2000
Responsible for research sales to over 60 healthcare fund managers at more than 25 top mutual and hedge funds.
Instrumental in selling the program to healthcare analysts and investors.
Significant investment banking responsibility including due diligence, recruitment of clients, and placing deals.
Credited with increasing visibility and order flow of healthcare equities at Lehman.
Wall Street Consulting Group, Cambridge, Massachusetts
Analyst, 1993-1995
Performed extensive financial analysis for hedge and mutual funds. Published both buy and sell recommendations on healthcare and retail companies.
Responsible for all client contact within the firm.
HONORS AND AWARDS
- Nominated for overall conference Best Paper Award, 2011 Strategic Management Society annual conference, Miami, FL.
- Finalistfor overall conference Best Paper Award, 2010 Strategic Management Society special conference, Lapland, Finland.
- Nominated for overall conference Best Paper Award, 2009 Strategic Management Society annual conference, Washington, D.C.
- Winner, Booz-Allen Hamilton Fellowship for best doctoral student paper. 2005 Strategic Management Society annual conference, Orlando, Florida.
- Nominated for overall conference Best Paper Award, 2005 Strategic Management Society annual conference, Orlando, Florida.
- WinnerOutstanding Teaching Assistant Award for Gatton College 2005-2006.
- Winner Kentucky Opportunity Fellowship (non-service) 2006-2007.
- Nominated for Sloan paper seriesBest Paper Award2007.
- Awarded $15,000 research grant from the MIT Sloan Industry Foundation to study recycling behaviors. Instrumental in securing $150,000 additional funding.
- Selected as a participant in the BPS Doctoral Consortium, Academy of Management, Atlanta, Georgia, 2006.
- Selected as a participant in the Doctoral Consortium, Strategic Management Society, Vienna, Austria, 2006.
DISSERTATION
Investors’ Reactions to Competitive Actions among Rivals: A Step Toward Strategic Asset Pricing Theory
Dissertation Committee
Walter J. Ferrier – University of Kentucky(Chair)
Jeffrey J. Reuer – University Of North Carolina – Chapel Hill
Joe Labianca - University of Kentucky
AjayMehraUniversity of Kentucky
B. Emery Yao - University of Kentucky
White papers
Hughes, M. & Das, S.Enhancing Aluminum Recycling in FayetteCounty: A Six Sigma Study. Presented to the board of the Center for a Sustainable Aluminum Industry (University of Kentucky), 2006.Published in Journal of Metals. August 2006.
Morgan, F. & Hughes, M. Understanding Recycling Behavior in Kentucky:Marketing Theory Applied to Recycling. Presented to the board of the Center for a Sustainable Aluminum Industry, 2006.Published in Journal of Metals. August 2006.Presented at Sloan Conference for Industry Studies – MIT, 2007. Nominated for Sloan paper series Best Paper Award.
service
Ad-hoc reviewer – Academy ofManagement Journal
Ad-hoc reviewer – Managerial and Decision Economics
Ad-hoc reviewer - Strategic Management Journal
2011 – MBA case competition judge – MichiganStateUniversity
2010 – MBA case competition judge – MichiganStateUniversity
2010 – Strategy Search Committee
2009 – MBA case competition judge – MichiganStateUniversity
2008 – MBA case competition judge – University of Kentucky
2006 – MBA case competition judge – University of Kentucky
2006 – Guest speaker to Investment Club – University of Kentucky
2004 – MBA case competition judge – University of Kentucky
PERSONAL
Series 7 and 63 licenses. Solo rated student pilot. Active with the Humane Society.
Board of Directors, National Society of the Colonial Dames of America.