Kalin  Kolev
Kalin KolevMarquette University

Straz Hall, 226

MilwaukeeWI53201United States of America
(414) 288-3365
Curriculum Vitae

Associate Professor of Management

Dr. Kalin Kolev joined the management department at Marquette University in 2014. He received his PhD in Strategic Management from Michigan State University, his MBA from The University of Tulsa, and his Bachelor’s degree from The University of National and World Economy in Sofia, Bulgaria.

Dr. Kolev’s research focuses on strategic decision making and risk taking under uncertainty. In particular, he examines the antecedents and consequences of major restructuring activities, such as mergers and acquisitions, diversification, and divestitures. Furthermore, Dr. Kolev studies how the complex relationships between firm executives and boards of directors shape executive compensation, the risk profile of the firm, and organizational performance. Kalin’s research has been published in a number of top-tier journals and book chapters, including Strategic Management JournalJournal of Management, Journal of Management Studies, Long Range Planning, and Strategic Organization.


  • PhD – Strategic Management, Michigan State University, 2012.
  • MBA – University of Tulsa, 2006.
  • B.A. – International Business, University of National and World Economy Sofia, Bulgaria, 2003.

Research Interests

Strategic leadership

Mergers and acquisitions, divestitures

Corporate governance

Selected Publications

Kolev, K. D., & McNamara, G. 2020. The Role of Top Management Teams in Firm Responses to Performance Cues. Strategic Organization, DOI: 10.1177/1476127020962683. 

Kolev, K. D., & McNamara, G. 2020. Board Demography and Divestitures: The Role of Gender and Racial Diversity on Divestiture Rate and Divestiture Returns. Long Range Planning, 53: 101881. 

Kolev, K. D., Hughes-Morgan, M., & Rehbein, K. 2021. The Role of Female Directors in the Boardroom: Examining Their Impact on Competitive Dynamics. Business & Society, 60: 811-843.

Kolev, K. D., Wangrow, D., Barker, V., & Schepker, D. J. 2019. Board Committees in Corporate Governance: A Cross-Disciplinary Review and Agenda for the Future. Journal of Management Studies, 56: 1138-1193.   

Kolev, K., Wiseman, R. M., & Gomez-Mejia, L. 2017. Do CEOs Ever Lose? A Fairness Perspective on the Allocation of Residuals between CEOs and Shareholders. Journal of Management, 43: 610-637.    

Kolev. K. D. 2016. To Divest or Not to Divest: A Meta-Analysis on the Antecedents of Corporate Divestitures. British Journal of Management, 27: 179-196. 

Haleblian, J., McNamara G., Kolev, K., & Dykes, B. 2012. Exploring Firm Characteristics that Differentiate Leaders from Followers in Industry Merger Waves: A Competitive Dynamics Approach. Strategic Management Journal, 33: 1037-1052.

Honors and Awards

2020 Miles Fellow Researcher of the Year, College of Business, Marquette University

2020, 2019 Miles Fund Research grant, College of Business, Marquette University

Best PhD Paper Award Finalist, 2011 - Kolev, K. D., Wiseman, R., & Belin, M. 2010. Are CEOs Rent-seeking? Role of CEO Celebrity, Risk, and Board Monitoring on CEO Pay, Strategic Management Society Annual Conference