Dr Oksana Koryak

Lecturer- Cranfield School of Management

Oksana’s main research interests are in the areas of decision making and cognition in the field of entrepreneurship. Her recent research investigated decision making by private equity and venture capital firms as well as the conceptualization of resilience in the context of entrepreneurship.

Contact Details

Research Themes

  • Leadership

Biography

Dr Oksana Koryak joined ERC working at Warwick Business School as a Research Fellow working with Professors Andy Lockett, Deniz Ucbasaran and James Hayton on the issues of entrepreneurial leadership, capabilities and growth. Oksana’s main research interests are in the areas of decision making and cognition in the field of entrepreneurship. Her recent research investigated decision making by private equity and venture capital firms as well as the conceptualization of resilience in the context of entrepreneurship. Her earlier work on the relationship between risk perception and governance in the context of venture capital was published in Journal of Private Equity. Oksana has presented her research at leading academic conferences including the Academy of Management and the Babson College Entrepreneurship Research Conference. Prior to joining the ERC, Oksana worked at Cranfield School of Management for three years, conducting research into the managerial decision making process underlying the design and execution of strategic change programmes. She holds a PhD in Management by IE Business School in Madrid, Spain.
Prior to academia, Oksana held various client-facing roles in corporate and investment banking over the course of eight years, originating and executing complex transactions in project finance and leveraged finance fields. During that time, Oksana interacted closely with senior management of her client firms and with financial investors. She is a Chartered Financial Analyst and holds a Masters in Finance from the University of Amsterdam. 
Research Paper

The relationship between middle market firms’ access to finance and internationalization intentions. Research Paper No 54

This article examines the relationship between middle market firms’ access to finance and their exporting intentions. We hypothesise that this relationship is positive but moderated by a firm’s age. We test our hypotheses using a novel dataset of middle market firms across four large EU economies. Our analysis demonstrates that the relationship between middle market firms’ access to finance and their exporting intentions is different for younger and older firms. When younger firms have ready access to finance they are less likely to enter new geographic markets, while when older firms have ready access to finance they are actually more likely to enter new geographic markets.

Associated Themes
Insight

Sustaining growth – the HR dimension HR practices and management and leadership skills of High Growth SMEs

This research set out to investigate human resource management (HRM) practices and leadership behaviours in UK SMEs that represent a small proportion of firms to have achieved long-term growth. We interviewed 30 senior leaders of such SMEs and found that most leaders espouse key high performance work practices such as selective hiring, employee development, open communication, and, to a varying degree, performance management and employee participation. Through flexible informal practices, SME leaders tap into employee’s intrinsic motivation to enhance performance and to develop personal trust and reciprocity. Overall, our research paints a picture of HRM in growth-oriented UK SMEs as a complex phenomenon where a number of formal and informal HR levers interact, guided by a compelling vision, and creating a positive company culture in the process.

Associated Themes