Current Position
University of Naples - Federico II
Associate Professor (with tenure) in Business Administration (SECS-P/07) From June 2021.
Department of Economics, Management, Institutions (DEMI)–
Via Cintia, 21 – Complesso Universitario di Monte Sant’Angelo – 80126 – Napoli
Skype: cirillo_ale
Past Position
University of Foggia
Assistant Professor (with tenure) in Business Administration (SECS-P/07) From December 2015 to June 2021.
Department of Economics –
Via R. Caggese, 1, 71121 Foggia – Italy
Telephone: +39 0881 781728
Skype: cirillo_ale
Education
PhD – Business Administration
University of Naples, Federico II (XXVII cycle) – June 2015.
Score: Excellent.
Master’s Degree – Business Administration
Libera Università Internazionale degli Studi Sociali (LUISS) – Rome, November 2011.
Dissertation: “Lack of Control: the Impact of Governance Structures on the Value of Minority Shares. An Empirical Study of Italian Listed Firms”.
Score: 110 'summa cum laude' and 'dignità di stampa' (with 'honors' and 'publication recommended')/110.
Bachelor Degree – Business Economics
Libera Università Internazionale degli Studi Sociali (LUISS) – Rome, July 2009
Dissertation: “The Structure and Value of Complex Financing Project: the Enel-Endesa agreement”.
Score: 110 'summa cum laude' (with 'honors')/110.
Visiting Positions
IPAG Business School – Nice (France)
Visiting Researcher (September 2019)
IPAG Family Business Institute (IFBI)
Supervisor: Prof. Andrea Calabrò.
Witten University – Witten (Germany)
Visiting Researcher (May 2017)
Witten Institute for Family Business (WIFU)
Supervisor: Prof. Andrea Calabrò.
Hasselt University – Hasselt (Belgium)
Visiting PhD Student (November – December 2014)
KIZOK Research Centre for Entrepreneurship and Innovation – Corporate governance research group.
Supervisor: Prof. Wim Voordeckers.
Queensland University of Technology (QUT) – Brisbane, QLD (Australia)
Visiting Phd Student (February – May 2013)
Behavioural governance research group
Supervisors: Prof. Gavin Nicholson; Prof. Amedeo Pugliese.
Doctoral Dissertation
‘Initial Public Offering: is it a family affair? Theoretical issue and empirical evidences from the Italian market’.
Supervisor: Prof. Riccardo Viganò – University of Naples, Federico II.
Book(s)
Cirillo A., Favino C., (2021). Gli sconti in ottica equity, in “Premi e sconti nella valutazione delle aziende” A cura di Romano A., Studi Di Valutazione d’Azienda – SIDREA, Giuffrè Francis Lefebvre, ISBN: 978-8-82883-041-2.
Cirillo A., Dawson A., Michiels A., Mussolino D., (2020). Financing the growth of the family business: a research agenda, in "A Research Agenda for Family Business: A Way Ahead for the Field" Edited by Calabrò A.,
Elgar Research Agendas. ISBN: 978-1-78897-406-6.
Cirillo A., Mussolino D., (2019). Analysing the board of directors in family firms: An integrated framework for future research directions, in “Research Handbook on Boards of Directors” Edited by Gabrielsson J., Yamak S., Khlif W., Edward Elgar Publishing. ISBN: 978-1-78643-974-1.
Cirillo A., (2017). Lack of control. Problematiche valutative ed evidenze empiriche. Cedam, Padova. ISBN: 978-8813-367527.
Refereed Articles in International Journals
Carbone, E., Cirillo, A., Saggese, S., Sarto, F., ‘IPO in family business: A systematic review and directions for future research’, Journal of Family Business Strategy, forthcoming, DOI: 10.1016/j.jfbs.2021.100433.
Romano M., Cirillo A., Favino C., Netti A. (2020) ‘ESG (Environmental, Social and Governance) Performance and Board Gender Diversity: The Moderating Role of CEO Duality’, Sustainability, 12(21), DOI: 10.3390/su12219298
Cirillo A., Muñoz-Bullón F., Sánchez-Bueno M.J., Sciascia S. (2020) ‘Employee downsizing and sales internationalization strategy in family firms’, Journal of Family Business Strategy, forthcoming, DOI: 10.1016/j.jfbs.2020.100354
Cirillo A., Huybrechts J., Mussolino D., Sciascia S., Voordeckers W. (2020) ‘Researching Family Business Growth’, European Management Review, forthcoming, DOI: 10.1111/emre.12389
Cirillo A., Pennacchio L., Carillo M.R., Romano M. (2019) ‘The antecedents of entrepreneurial risk-taking in private family firms: CEO seasons and contingency factors’, Small Business Economics, forthcoming, DOI:10.1007/s11187-019-00279-x
Cirillo A., Ossorio M., Pennacchio L. (2019) ‘R&D investment in family firms: the moderating role of banks and private equity’, Management Decision, forthcoming, DOI: 10.1108/MD-07-2016-0454.
Cirillo A., Mussolino D., Saggese S., Sarto F. (2017) ‘Looking at the IPO from the "Top Floor": A Literature Review’, Journal of Management & Governance, 22(3), 661-688, DOI:10.1007/s10997-017-9397-1.
Romano M., Cirillo A., Mussolino D., Pennacchio L. (2017) ‘CEO career horizons and when to go public: the relationship between risk-taking, speed and CEO power’, Journal of Management and Governance, forthcoming, DOI 10.1007/s10997-017-9398-0.
Catuogno S., Arena C., Cirillo A., Pennacchio L. (2018) ‘Exploring the relation between family ownership and incentive stock options: the contingency of family leadership, board monitoring and financial crisis’, Journal of Family Business Strategy, 9(1), 59-72, DOI: 10.1016/j.jfbs.2017.11.005.
Bacci S., Cirillo A., Mussolino D., Terzani S. (2018) ‘The influence of family ownership dispersion on debt level in privately held firms’, Small Business Economics, 51(3), 557-576, DOI: 10.1007/s11187-017-9930-2.
Cirillo A., Mussolino D., Romano M., Viganò R. (2017) ‘A complicated relationship: Family involvement in the top management team and post-IPO survival’, Journal of Family Business Strategy, 8(1), 42-56, DOI: 10.1016/j.jfbs.2017.01.004.
Cirillo A., Mussolino D., Romano M., Viganò R. (2016) ‘The strange pair: family and independent directors. What is the effect on post-IPO survival of listed family firms?’ International Journal of Business Research, 16(3), 105-126, DOI: 10.18374/IJBR-16-3.7.
Arena C., Catuogno S., Cirillo A., Pennacchio L. (2016) ‘Extract or not extract? The effect of familism on stock option plans’, International Journal of Business and Management, 11(5), 82-95, DOI: 10.5539/ijbm.v11n5p82.
Arena C., Cirillo A., Mussolino D., Saggese S., Sarto F. (2015) ‘Women on board: evidence from a masculine industry’, Corporate Governance, 15(3), 339-356, DOI: 10.1108/CG-02-2014-0015.
Cirillo A., Romano M., Pennacchio L. (2015) ‘All the power in two hands: The role of CEOs in family IPOs’, European Management Journal, 33(5), 392-406, DOI: 10.1016/j.emj.2015.06.003.
Cirillo A., Romano M., Ardovino, O. (2015) ‘Does family involvement foster IPO value? Empirical analysis on Italian stock market’, Management Decision, 53(5), 1125-1154, DOI: 10.1108/MD-11-2014-0639.
Refereed Articles in National Journals
Romano M., Cirillo A. (2015) ‘La misurazione delle performance economico-finanziarie delle università pubbliche italiane. Logiche e strumenti nel nuovo sistema di contabilità’, Azienda Pubblica, 4, 377-394.
Romano M., Cirillo A. (2015) ‘Lo sconto per ridotti poteri: framework teorico e profili applicativi’, RIREA, 115(7-9), 262-277.
Cirillo A., Sarto F., Cuccurullo C. (2015) ‘La valutazione aziendale delle Case di Cura private: note per la determinazione del valore dell’accreditamento’, MECOSAN,
Referred International Conference Proceedings
Cirillo A., Mussolino D., Romano M., Viganò R. (2016) ‘Family Involvement in Top Level Positions: An Empirical Analysis of IPO Survival’ European Academy of Management (EURAM) conference proceedings, ISSN 2466-7498.
Cirillo A., Bacci S., Mussolino D., Terzani S. (2016) ‘Family Ownership Dispersion and Debt Level: The Moderating Role of Intergenerational Stage’, European Academy of Management (EURAM) conference proceedings, ISSN 2466-7498.
Cirillo A., Mussolino D., Pennacchio L., Romano M. (2016) ‘CEO career horizon problem and time to IPO: risk-taking and fast decision making with powerful CEO’, European Academy of Management (EURAM) conference proceedings, ISSN 2466-7498.
Cirillo A., Romano M., Pennacchio L. (2015) ‘All the power in two hands: the role of CEOs in family IPOs’, European Academy of Management (EURAM) conference proceedings, ISBN: 978-8386437-60-0.
Cirillo A., Romano M. (2014) ‘IPO value of Family Firms: Does CEO role matter?’, European Academy of Management (EURAM) conference proceedings, ISBN: 978-84-697-0377-9.
Referred National Conference Proceedings
Onesti T., Romano M., Cirillo A. (2016) ‘One family-one vote? Rewarding family loyalty with multiple voting rights. First evidence from Italy’, Società Italiana dei Docenti di Ragioneria e di Economia Aziendale (SIDREA) conference proceedings, ISBN: 978-88-917-3660-4.
Presentations and accepted papers at International conferences
2nd International Family Business Research Forum: 2016.
European Academy of Management (EURAM) annual conference: 2013/2014/2015/2016/2017/2018.
Academy of Management (AOM) annual meeting: 2016.
6th European Risk Conference - European Risk Research Network (ERRN): 2014.
International Family Enterprise Research Academy (IFERA) annual conference: 2014/2017/2019.
4th Workshop on Current Research in Taxation (EIASM): 2014.
Presentations at National conferences
Accademia Italiana di Economia Aziendale (AIDEA) bi-annual conference: 2015/2017/2019.
Società Italiana dei Docenti di Ragioneria e di Economia Aziendale (SIDREA), bi-annual conference: 2014/2016/2018.
Euro Mediterranean Dialogue on Public Management: 2014.
Award and Best Papers
Best Reviewer Award. The International Family Enterprise Research Academy (IFERA) 2019, annual conference, Bergamo, Italy - cash prize.
Best Practice-Relevant Paper: ‘The use of stock option in family firm’, 2nd International Family Business Research Forum (2016), Naples, Italy – cash prize sponsored by Witten Institute for Family Business (WIFU).
Best Paper presented by a Young Scholar: ‘All the power in two hands: the role of CEOs in family IPOs’, Accademia Italiana di Economia Aziendale (AIDEA) 2015, Piacenza, Italy – cash prize sponsored by Farmafactoring Foundation.
Best Research Publication in Journal Awards: ‘The strange pair: family and independent directors. What is the effect on post-IPO survival of listed family firms?’, International Journal of Business Research, 16(3), 105-126, DOI: 10.18374/IJBR-16-3.7.
Professional Affiliations
2013 – present: European Academy of Management (EURAM).
2016 – present: Academy of Management (AOM).
2016 – present: Società Italiana dei Docenti di Ragioneria e di Economia Aziendale (SIDREA).
2017 - present: International Family Enterprise Research Academy (IFERA).
Professional Activities (service to the field)
Reviewer for Journals:
Family Business Review.
Journal of Family Business Strategy.
Journal of Business Research.
Journal of Small Business and Enterprise Development.
Small Business Economics.
European Management Review.
Entrepreneurship Theory and Practice.
Ad hoc reviewer for: Journal of Business Research – Special Issue: Family Firm Heterogeneity.
Ad hoc reviewer for: Journal of Family Business Strategy – Special Issue: 2nd International Family Business Research Forum.
Ad hoc reviewer for: Journal of Family Business Strategy – Special Issue: Replication and Validation in Family Business Research.
Reviewer for Conferences:
- European Academy of Management (EURAM): 2014/2015/2016/2017/2018.
- Academy of Management (AOM): 2016/2017.
- The International Family Enterprise Research Academy (IFERA): 2017/2018/2019.
Conference Organization:
Co-Chair of the Track: “Finance, Management, Governance & Accounting in Family Businesses”, European Academy of Management (EURAM), 2019.
Co-Chair of the Track: “Governance, Management and Growth in Family Business”, European Academy of Management (EURAM), 2018.
Co-Chair of SIDREA International Workshop: “Family Involvement in management and firm growth”, Naples 08/12/2017.
Co-Chair of the Standing Track: “Family Business Governance”, European Academy of Management (EURAM), 2015/2016/2017.
Co-Chair of the Track: “Methods & Theories in Family Business Research - Special Focus 2017: Finance and Accounting in Family Business Research”, European Academy of Management (EURAM), 2017.
Editorial Appointment:
Guest Editor of the Special Issue: “Family Involvement in management and firm growth” – European Management Review – 2018.
Editorial Board of Journal of Family Business Strategy.
Updated: 03/2021
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