Professor, Department of Management

BA 318
Office Hours
Before and after class and by appointment


Peter Wright holds the University of Memphis Endowed Chair of Excellence in Free Enterprise Management. He received his M.B.A. and Ph.D. from the Louisiana State University. He served as the owner and managing director of an industrial component firm with transactions across North America, Europe, Middle East, and Far East. He has consulted with Union Carbide, Eastman Kodak, Alcoa, as well as privately held firms.

Professor Wright has published management and strategic management textbooks. His publications appear in leading journals, such as Strategic Management Journal, Academy of Management Journal, Academy of Management Review, Academy of Management Executive, Academy of Management Perspectives, Journal of Management, Strategic Organization, Harvard Business Review, Journal of Banking and Finance, Journal of the Academy of Marketing Science, among others. His writings have been published by Harvard Business School Press, Allyn and Bacon, Prentice Hall, Dame Thomson, Business Publications, Penguin, Hawthorn, Elsevier Science, Irwin, University of Southern California Press, Pearson, and Sage, among others. His academic publications have been reported by the CBS Television Evening News, the Washington Post, the Wall Street Journal, Business Week, the Economist, the Commercial Appeal, among others.

His current research encompasses corporate governance, agency theory, tournament theory, valuation of firm investments, among others.  Professor Wright is a member of the Academy of Management and the Strategic Management Society.


Representative Publications

Krug, J. A., Wright, P., & Kroll, M., "Top Management Turnover Following Mergers & Acquisitions:  Solid Research To Date But Much To Be Learned," Academy of Management Perspectives, 28, 2014, pp. 147-163. 

Wright, P., Krug, J. A. & Ma, R., "Levels of Resources and Enterprise Outcomes:  The Case of Smaller Firms Based Abroad," Journal of Business and Entrepreneurship, 24: 2, 2013, pp. 69-78. 

Nelson, T., Singh, K., Elenkov, D., Ma, R., Krug, J., Davis, B., and Wright, P., "Theoretical Contributions to Governance of Samller Firms," Journal of Business and Entrepreneurship, 25, 2013, pp. 21-42. 

Elenkov, D., Wright, P., Pimentel-Kutz, J., Naoumova, L., & Nabirukhina, M., "Subcultures in a Country, Work Values and Preferred Workplace Rewards:  New Evidence from Russia,"   Journal of Strategic and International Studies, 13, 2013, pp. 32-43. 

Wright, P., Kroll, M., Walters, B. & Ma, R., "Intersection of Upper Echelons and Corporate Governance:  Ramifications for Market Response to Acquisition Announcements," Journal of Managerial Issues, 24: 4, 2013, pp. 433-449. 

Bryant, P., Fabian, F., Kinnamon, E. & Wright, P., "Tailoring Entrepreneurial Education:  Exploring Components of Entrepreneurship Education for Underrepresented Groups," Journal of Business and Entrepreneurship, 23:  2, 2012, pp. 1-24.

Jackson, W.T., Elenkov, D., Davis, B., & Wright, P.,  "Psychological Contracts in Enterprises," Journal of Organizational Culture, Communications and Conflict, 16: 1, 2012, pp. 133-154. 

Walters, B., Kroll, M., & Wright, P. "The Impact of TMT Board Members Control and Environment on Post - IPO Performance," Academy of Management Journal, 53: 3, 2010, pp. 572-595. 

Wright, P., Kroll, M., Mukherji, A., & Pettus, M. “Do the Contingencies of External Monitoring, Ownership Incentives, or Free Cash Flow Explain Opposing Firm Performance Expectations?” Journal of Management and Governance, 2009.

Kroll, M., Walters, B., & Wright, P. “Board Vigilance, Director Experience, and Corporate Outcomes,” Strategic Management Journal, 2008, pp. 363-382.

Walters, B., Kroll, M., & Wright, P. “CEO Ownership and Effective Boards: Impacts on Firm Outcomes,” Strategic Organization, 2008, pp. 259-283.

Wright, P., Kroll, M., Krug, J., & Pettus, M. Influences of Top Management Team Incentives on Firm Risk Taking, Strategic Management Journal, 2007, pp. 81-89.

Lado, A., Boyd, N., Wright, P., & Kroll, M., “Paradox and Theorizing Within the Resource-Based View,” Academy of Management Review, 2006, 31, pp. 115-131.

Wright, P., Kroll, M., Lado, A., & Elenkov, D. "Influences of Relative Rewards of Top Managers of Firm Performance," Strategic Organization, 3, 2005, pp. 311-335.

Elenkov, D., Judge, W., & Wright, P. "Strategic Leadership and Executive Innovation Influence: An International Multi-Cluster Comparative Study," Strategic Management Journal, 26, 2005, pp. 665-682.

Wright, P., Ferris, S., Vaughn, M., & Jackson, W. "Are Competitors Advantageous or Disadvantageous in Consolidated Versus Fragmented Industries?," Academy of Strategic Management Journal, 3, 2004, pp. 47-64.

Chung, K., Wright, P., & Kedia, B., “Corporate Governance and Market Valuation of Capital and R & D Investments,” Review of Financial Economics, 2003, pp. 161-172.

Desai, A., Wright, P., & Chung, K., “Impact of Changes in Strategic Investments on Shareholder Returns: The Role of Growth Opportunities,” Journal of Applied Business Research, 2003, 19, pp.41-56.

Wright, P., Kroll, M., & Elenkov, E. “Acquisition Returns, Increase in Firm Size and Chief Executive Officer Compensation: The Moderating Role of Monitoring,” Academy of Management Journal, 2002, pp. 599-609.

Wright, P., Kroll, M., Lado, A., & Van Ness, B. “The Structure of Ownership and Corporate Acquisition Strategies,” Strategic Management Journal, 2002, 22, pp. 41-53.

Wright, P., & Kroll, M. “Executive Discretion and Corporate Performance as Determinants of CEO Compensation, Contingent on External Monitoring Activities,” Journal of Management and Governance, 2002, pp. 189-214.

Wright, P., Ferris, S., & Sarin, A., “An Agency Comparison of the Keiretsu and the Japanese Independent Firm,” Academy of Strategic Management Journal, 2002, 1, pp. 1-18.

Kroll, M., Toombs, L., & Wright, P., “Napoleon’s Tragic March Home from Moscow: Lessons in Hubris,” Academy of Management Executive, 2000, 14, pp. 117-128.

Kroll, M., Wright, P., & Heiens, R., “The Contribution of Product Quality to Competitive Advantage: Impacts on Systematic Variance and Unexplained Variance in Returns,” Strategic Management Journal, 1999, 20, pp. 375-384.

Chung, K.H., Wright, P., Charoenwong, C., “Investment Opportunities and Market Reaction to Capital Expenditure Decisions,” Journal of Banking and Finance, 1998, 22, pp. 41-60.

Wright, P., Kroll, M., & Parnell, J., Strategic Management: Concepts and Cases, Prentice Hall (4th ed.), 1998.

Wright, P. & Ferris, S., “Agency Conflict and Corporate Strategy: The Effect of Divestment on Corporate Value”, Strategic Management Journal, 1997, 18, pp. 77-83.

Kroll, M., Wright, P., Toombs, L., & Leavell, H., “Form of Control - - A Critical Determinant of Acquisition Performance and CEO Rewards”, Strategic Management Journal, 1997, 18, pp. 85-96.

Albanese, R., Franklin, J., & Wright, P., Management, Dame/Thomson Learning, 1997.

Wright, P., Ferris, S., Sarin, A., & Awasthi, V., “The Impact of Corporate Insider, Blockholder, and Institutional Equity Ownership on Firm Risk Taking”, Academy of Management Journal, 1996, 39, 2, pp. 441-463.

Wright, P., Ferris, S., Hiller, J., Kroll, M., “Competitiveness Through Management of Diversity: Effects on Stock Price Valuation,” Academy of Management Journal, 1995, 38, 1, pp. 272-287.


Teaching areas include strategic management at the Ph.D. seminar, M.B.A., and undergraduate levels. 

Professor Wright has chaired the dissertation committees of fifteen Ph.D. students and served on the committees of six additional Ph.D. students. 



Service to the University, the Fogelman College of Business & Economics, and to the Department of Management: 

  • University President's Chairs of Excellence Council
  • Chair and committee member of University College Students
  • Member of University Council for Graduate Studies
  • Faculty Senate Representative
  • Chair, College Ph.D. Program Committee
  • Member of Teaching Excellence Fellowship Selection Committee
  • Member of College of Business Teaching Excellence Award Committee
  • Member of College of Business Tenure and Promotion Committee
  • Member of College of Business Roles and Rewards Committee
  • Chair, Department of Management Tenure and Promotion Committee
  • Chair, Search Committee for Recruiting Faculty in Strategic Management
  • Member of Management Graduate Programs Committee

Service to Management Discipline

  • Ad hoc reviewer, Strategic Management Journal
  • Ad hoc reviewer, Academy of Management Journal
  • Ad hoc reviewer, Academy of Management Review
  • Ad hoc reviewer, Administrative Science Quarterly
  • Ad hoc reviewer, Journal of Management.
  • Ad hoc reviewer, Journal of Business Research
  • Ad hoc reviewer, Journal of Management Studies
  • Ad hoc reviewer, Southern Management Association
  • Reviewer, National Academy of Management
  • Editorial Board, American Business Review.
  • Special Issues Editor, Business Perspectives
  • Associate Editor, Journal of Management in Practice
  • Editorial Board, Journal of Business Strategies
  • Member, Strategic Management Society
  • Member, Academy of Management
  • Outside reviewer, Tenure & Promotions decisions for various universities