Articles in peer-reviewed scientific Journals
Last updated: August 26th, 2024
Selected publications
F. Hogrebe, E. Lutz (2024): The sunk cost fallacy in venture capital staging: Decision-making dynamics for follow-on investment rounds, In: The Journal of Corporate Finance, Vol. 86, 102589.
N. Lehnertz, C. Plagmann, E. Lutz (2022): Effects of venture capital mega-deals on IPO success and post-IPO Perfromance, In: Financial Analysts Journal, , Vol. 78, No. 4, pp. 99-120.
B. Schierstedt, M. Henn, E. Lutz (2020): Diversified acquisitions in family firms: Restricted vs. extended family priorities, In: Journal of Family Business Strategy, Vol. 11, No. 2, article 100357.
C. Plagmann, E. Lutz (2019): Beggars or choosers? Lead venture capitalists and the impact of reputation on syndicate partner selection in international settings, In: Journal of Banking and Finance, No. 100, pp. 359–378.
P. Jaskiewicz, E. Lutz, M. Godwin (2016): For money or love? Financial and socioemotional considerations in family firm succession, In: Entrepreneurship Theory & Practice, Vol. 40, No. 5 (September 2016), pp. 1179–1190.
J. Mair, J. Mayer, E. Lutz (2015): Navigating institutional plurality: Organizational governance in hybrid organizations, In: Organization Studies, Vol. 36, No. 6, pp. 713-739.
2025
B. Schierstedt; M. Koorten; M. Henn (2025): CSR performance in family firms: the pivotal role of the external auditor and the moderating impact of family influence and eponymy, In: Business Ethics, the Environment & Responsibility, accepted
F. Guidoccio, B. Schierstedt, E. Lutz (2025): From family control to shareholder equality: generational stage and the transition towards equal voting rights in public family firms, In: Journal of Family Business Management, Jg. 15, Nr. 3, S. 1-22, https://doi.org/10.1108/JFBM-02-2025-0041
2024
- F. Hogrebe, E. Lutz (2024): The sunk cost fallacy in venture capital staging: Decision-making dynamics for follow-on investment rounds, In: Journal of Corporate Finance, Jg. 86, Nr. 3, Artikelnummer: 102589, https://doi.org/10.1016/j.jcorpfin.2024.102589
- M. Theisen, A. Isaak, E. Lutz (2024): Organizational homophily of family firms: The case of family corporate venture capital, In: Journal of Small Business Management, Jg. 62, May 2024, S. 1-38, https://doi.org/10.1080/00472778.2024.2349532
- A. Nörthemann, E. Lutz (2024): Blinded by the light? Analyzing celebrity endorsements in special purpose acquisition companies, In: Journal of Alternative Investments, Jg. 26, Nr. 3, S. 41-56, https://doi.org/10.3905/jai.2023.1.200
2022
- N. Lehnertz, C. Plagmann, E. Lutz (2022): Effects of venture capital mega-deals on IPO Success and post-IPO performance, In: Financial Analysts Journal, Jg. 78, Nr. 4, S. 99-120, https://doi.org/10.1080/0015198X.2022.2083900
- N. Lehnertz, C. Plagmann, E. Lutz (2022): Why deep pockets make great borrowers: An empirical analysis of venture loans, In: Journal of Business Economics, Jg. 92, Nr. 9, S. 1431–1453, https://doi.org/10.1007/s11573-022-01084-x
- A. Moritz, T. Naulin, E. Lutz (2022): Accelerators as drivers of coopetition among early-stage startups, In: Technovation, Jg. 111, Artikelnummer 102378, https://doi.org/10.1016/j.technovation.2021.102378
2021
- C. von Selasinsky, E. Lutz (2021): The Effects of Pro-Social and Pro-Environmental Orientation on Crowdfunding Performance, In: Sustainability, Jg. 13, Nr. 11, 6064, https://doi.org/10.3390/su13116064
- A. Bergfeld, C. Plagmann, E. Lutz (2021): Know your counterparts: The importance of wording for stakeholder communication in social franchise enterprises, In: Voluntas – international Journal of Voluntary and Nonprofit Organizations, Jg. 32, Nr. 1, S. 104-119, https://doi.org/10.1007/s11266-020-00289-4
2020
- C. Granz, E. Lutz, M. Henn (2020): Scout or Coach? Value-added services as selection criteria in entrepreneurs’ venture capitalist selection, In: Venture Capital: An International Journal of Entrepreneurial Finance, Jg. 32, Nr. 1, S. 5-40, https://doi.org/10.1080/13691066.2020.1824603
- B. Schierstedt, M. Henn, E. Lutz (2020): Diversified acquisitions in family firms: Restricted vs. extended family priorities, In: Journal of Family Business Strategy, Jg. 11, Nr. 2, Artikelnummer 100357, https://doi.org/10.1016/j.jfbs.2020.100357
- N. Brüne, E. Lutz (2020): The effect of entrepreneurship education in schools on entrepreneurial outcomes: a systematic review, In: Management Review Quarterly, Jg. 70, Nr. 5, S. 275–305, https://doi.org/10.1007/s11301-019-00168-3
- A. Bergfeld, E. Lutz, B. Scheck (2020): Social Franchising: A Transitional Solution for Scaling Up Social Entrepreneurial Organizations?, in: International Journal of Entrepreneurial Venturing, Jg. 12, Nr. 1, S. 17-38, https://doi.org/10.1504/IJEV.2020.105136
2019
- C. Plagmann, E. Lutz (2019): Better safe than sorry? The impact of trust on venture capitalists‘ choice of syndicate partners, In: International Journal of Entrepreneurial Venturing, Jg. 11, Nr. 3, S. 231-257.
- C. Plagmann, E. Lutz (2019): Beggars or Choosers? Lead venture capitalists and the impact of reputation on syndicate partner selection in international settings, In: Journal of Banking and Finance, Nr. 100, S. 359–378, https://doi.org/10.1016/j.jbankfin.2019.01.007
2018
- E. Lins, K.J. Fietkiewicz, E. Lutz (2018): Effects of Impression Management Tactics on Crowdfunding Success, In: International Journal of Entrepreneurial Venturing, Jg. 10, Nr. 5, S. 534-557, https://doi.org/10.1504/IJEV.2018.094607
- E. Lutz, M. Henn (2018): Macht oder Ohnmacht? Private Equity als Finanzierungsinstrument in familiengeführten und nichtfamiliengeführten Unternehmen, In: Betriebswirtschaftliche Forschung und Praxis (BFuP), Jg. 70, Nr. 5, 525-553
- A.-K. Achleitner, R. Braun, E. Lutz, F. Tappeiner (2018): Private Equity Group Reputation and Financing Structures in German Leveraged Buyouts, In: Journal of Business Economics, Jg. 88, Nr. 3-4 (Mai 2018), S. 363-392, https://doi.org/10.1007/s11573-017-0866-4
2017
- H. Hottenrott, E. Lins, E. Lutz (2017[DA1] ): Public subsidies and new ventures’ use of bank loans[DA2] , In: Economics of Innovation and New Technology, Jg. 27, Nr. 8, S. 786-808, https://doi.org/10.1080/10438599.2017.1408200
- E. Lins, E. Lutz (2017): Family Involvement as a Catalyst for Female Opportunity Recognition, In: International Journal of Entrepreneurship and Small Business, Jg. 31, Nr. 2, S. 270–287.
- M. Henn, E. Lutz (2017): Private Equity in Family Firms: Drivers of the Willingness to Cede Control, In: Journal of Entrepreneurial Finance, Jg. 18, Nr. 2, S. 1-28, https://doi.org/10.57229/2373-1761.1293
2016
- M. Hesse, E. Lutz, E. Talmor (2016): Liquidity Runway and Horizon of Disappointment: Business Model of Venture Lending, In: Journal of Alternative Investments, Jg. 19, Nr. 2, S. 28-37, https://doi.org/10.3905/jai.2016.19.2.028
- P. Jaskiewicz, E. Lutz, M. Godwin (2016): For Money or Love? Financial and Socioemotional Considerations in Family Firm Succession, In: Entrepreneurship Theory & Practice, Jg. 40, Nr. 5 (September 2016), S. 1179–1190, https://doi.org/10.1111/etap.12149
- E. Lins, E. Lutz (2016): Bridging the Gender Funding Gap: Do Female Entrepreneurs Have Equal Access to Venture Capital?, In: International Journal of Entrepreneurship and Small Business, Jg. 27, Nr. 2/3, S. 347-365, https://doi.org/10.1504/IJESB.2016.073993
2015
- A. Moritz, J.H. Block, E. Lutz (2015): Investor Communication in Equity-Based Crowdfunding: a Qualitative-Empirical Study, In: Qualitative Research in Financial Markets, Jg. 7, Nr. 3, S. 309-342, https://doi.org/10.1108/QRFM-07-2014-0021
- J. Mair, J. Mayer, E. Lutz (2015): Navigating Institutional Plurality: Organizational Governance in Hybrid Organizations, In: Organization Studies, Jg. 36, Nr. 6, S. 713-739, https://doi.org/10.1177/0170840615580007
2014
- A.-K. Achleitner, R. Braun, E. Lutz, U. Reiner (2014): Industry Relatedness in Trade Sales and Venture Capital Investment Returns, In: Small Business Economics, Jg. 43, Nr. 3, S. 621-637, https://doi.org/10.1007/s11187-014-9557-5
- A.-K. Achleitner, C. Figge, E. Lutz (2014)*: Value creation drivers in a secondary buyout – the acquisition of Brenntag by BC Partners[DA1] , In: Qualitative Research in Financial Markets,
- Jg. 6, Nr. 3, S. 278-301, https://doi.org/10.1108/QRFM-06-2012-0018
2013
- E. Lutz, M. Bender, A.-K. Achleitner, C. Kaserer (2013): Importance of Spatial Proximity between Venture Capital Investors and Investees in Germany, In: Journal of Business Research, Jg. 66,
Nr. 11, S. 2346–2354, https://doi.org/10.1016/j.jbusres.2012.04.016. - A.-K. Achleitner, E. Lutz, J. Mayer, W. Spiess-Knafl (2013)*: Disentangling Gut Feeling: Assessing the Integrity of Social Entrepreneurs, In: Voluntas - International Journal of Voluntary and Nonprofit Organizations, Jg. 24, Nr. 1, S. 93-124, https://doi.org/10.1007/s11266-012-9264-2.
2012
- E. Lutz, G. George (2012): Venture capitalists’ role in new venture internationalization, In: The Journal of Private Equity, Jg. 16, Nr. 1, S. 26-41, https://www.jstor.org/stable/43503732
- A.-K. Achleitner, O. Bauer, C. Figge, E. Lutz (2012): The Case for Secondary Buyouts as Exit Channel, In: Journal of Applied Corporate Finance, Jg. 24, Nr. 4, S. 102-111, https://doi.org/10.1111/j.1745-6622.2012.00404.xi
2011
- E. Lutz, S. Schraml (2011): Family Firms: Should They Hire an Outside CFO?, In: Journal of Busines Strategy, Jg. 33, Nr. 1, S. 39-44, https://doi.org/10.1108/02756661211193802
2010
- A.-K. Achleitner, K. Herman, J. Lerner, E. Lutz (2010)*: Family Business and Private Equity: Conflict or Collaboration? The Case of Messer Griesheim, In: Journal of Private Equity, Jg. 13, Nr. 3, S. 7-20, https://www.jstor.org/stable/43503639
- A.-K. Achleitner, E. Lutz, K. Herman, J. Lerner (2010): New Look: Going Private with Private Equity Support, In: Journal of Business Strategy, Jg. 31, Nr. 3, S. 38-49, https://doi.org/10.1108/02756661011036691
- A.-K. Achleitner, E. Lutz, S. Schraml (2010)*: Quantitative valuation of platform technology based entrepreneurial [DA1] ventures, In: International Journal of Entrepreuneurial Venturing (IJEV), Jg. 1, Nr. 4, S. 352-366, https://dx.doi.org/10.1504/IJEV.2010.032537
2009 and earlier
E. Lutz, A.-K. Achleitner (2009): Angels or demons? Evidence on the impact of private equity firms on employment, In: Zeitschrift für Betriebswirtschaft (ZfB), Sonderheft Entrepreneurial Finance, No. 5, pp. 53-81.
A.-K. Achleitner, pp. Jarchow, E. Nathusius, pp. Schraml (2008): Bericht zu „Management und Bewertung von IP-basierten Unternehmen“, In: GRUR International, Vol. 57, No. 7, pp. 585-589.
A.-K. Achleitner, E. Nathusius (2005): First-Chicago-Methode – Alternativer Ansatz zur Bewertung von innovativen Unternehmensgründungen bei Venture-Capital-Finanzierungen, In: Betriebswirtschaftliche Forschung und Praxis (BFuP), Vol. 57, No. 4, pp. 333-347.