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Candida Brush, Michael A. Hitt, R. Duane Ireland and Dean A. Shepherd

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Mason A. Carpenter, Melissa S. Cardon, Jeffrey. S. McMullen and Dean A. Shepherd

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J. Michael Haynie, Dean A. Shepherd, Jeffrey S. McMullen and James O. Fiet

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Volker Bruns, Daniel V. Holland, Dean A. Shepherd and Johan Wiklund

Using human-capital perspective and the similarity-attraction paradigm, we examine the role of general and specific human capital in the decision policies of 114 Swedish loan officers in their assessments of small-business loan requests. We found that human capital characteristics had marginal impact on decision policy contingencies and that specific human capital had no significant influence on the probability of loan approval. However, we did find that the similarity between the loan officers' human capital and the applicants' human capital was a significant indicator of loan approval. The findings offer interesting insight into the heterogeneity of loan decisions processes and outcomes and future research opportunities are suggested.
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Denis A. Grégoire, Pamela S. Barr and Dean A. Shepherd

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Dean A. Shepherd, Holger Patzelt and Robert A. Baron

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Mathew L.A. Hayward, Dean A. Shepherd and Dale Griffin

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Dean A. Shepherd, Holger Patzelt and Robert A. Baron

Some managers and entrepreneurs decide to act in ways that result in harm to the natural environment, despite the fact that such actions violate their own values. Building on moral self regulation theory (Bandura, 1991), we propose that entrepreneurs’ assessments of the attractiveness of opportunities that harm the natural environment depend on the simultaneous impact of values and personal agency. By cognitively disengaging their pro-environmental values, decision makers (i.e., entrepreneurs) can (under certain circumstances) perceive opportunities that harm the environment as highly attractive and thus suitable for exploitation. The results of a judgment task that generated 1,264 opportunity assessments nested within 83 business founders offered support for this general prediction and indicated that the extent of founders’ disengagement of their pro-environmental values was stronger when they had high, rather than low, entrepreneurial self-efficacy, and stronger when industry munificence was perceived as low rather than high. We discuss our new measure of moral disengagement in a decision-making context and the implications of the study’s findings for extant literatures on moral disengagement and sustainable entrepreneurship.
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Johan Wiklund, Holger Patzelt and Dean A. Shepherd

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Young Rok Choi, Moren Lévesque and Dean A. Shepherd