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Since the 1980s, leading U.S. firms have announced massive downsizing plans in the name of maximizing shareholder value, but some observers are skeptical about how serious firms are in implementing these plans. Building on political theories of corporate governance, I examine how conflicts of interest and alignment among investors, workers, and top managers affect the implementation of announced downsizing plans.
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Conventional research in organizational theory highlights the role of board interlocks in facilitating business collective action. In this article, I propose that business collective action affects the evolutionary path of interlock networks. In particular, large market players’ response after a collective action to the classic problem of the "exploitation" of the great by the small provides a mechanism for interlocks to evolve.
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Community reactions against organizations can be driven by negative information spread through a diffusion process that is distinct from the diffusion of organizational practices. Bank panics offer a classic example of selective diffusion of negative information. Bank panics involve widespread bank runs, although a low proportion of banks experience a run. We develop theory on how organizational similarity, community similarity, and network proximity create selective diffusion paths for resistance against organizations.
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Numerous studies document that higher education is associated with a reduced likelihood of depression. The protective effects of higher education, however, are known to vary across population subgroups. This study tests competing theories for who is likely to obtain a greater protective benefit from a college degree against depression through an analysis of data from the National Longitudinal Study of Adolescent to Adult Health and recently developed methods for analyzing heterogeneous treatment effects involving the use of propensity scores.
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This paper contrasts two money-related stressors—debt and economic hardship—and clarifies where debt fits into the stress process model. Debt may be a direct or indirect stressor, as something mediated by psychosocial resources, and may be a potential buffer, interacting with economic hardship. The analyses use data from a two-wave panel study of 1,463 adults. One way debt is distinct from economic hardship is that debt is more common among economically advantaged groups.
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As work regimes become global, social communication increasingly occurs across locations far apart. In the absence of a common national, ethnic, or organizational culture across continents, what makes communication possible among social worlds technologically integrated in real time? Taking India’s global call centers as the focus of analysis, this article attempts to solve the riddle of communication by showing how transnational business practices rely on the transmutation of cultural communication into global communication through the processes of neutralization and mimesis.
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Social scientists have drawn on theories of embeddedness to explain the different ways legal, political, and cultural frameworks shape markets. Often overlooked, however, is how the materiality of nature also structures markets. In this article, I suggest that neo-Polanyian scholars, and economic sociologists more generally, should better engage in a historical sociology of concept formation to problematize the human exemptionalist paradigm their work upholds and recognize the role of nature in shaping markets and society.
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Study-abroad and international-student programs are commonly understood to transform their participants into "global citizens" possessing "cross-cultural competencies." Similar benefits are anticipated from "internationalization at home"—defined as any on-campus, internationally related activity—whereby international students engage with and thus enrich the lives of domestic students. In this article, we reflect on a research project tied to two coursework units, in which largely domestic undergraduate students undertake qualitative research with or about international students.
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Common concerns for many instructors of introductory college courses are that their students do not prepare for or attend class, are minimally engaged, and exhibit poor reading comprehension and writing skills. How can instructors respond to these challenges? Research finds that frequent testing improves the learning outcomes of students. Can it motivate better studying habits and expand their engagement with the class?
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Americans love crime. The criminal justice system is fetishized in popular culture and news media. We watch the news and scour the Internet to assess our own moral compass, take cues from others' digressions, and bear witness to justice and punishment. Historically, we learned about crime through news media and fiction. The Internet has dramatically changed this landscape: for the first time, mug shots and jailhouse rosters are available with a click.
