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  1. Through the Contested Terrain: Implementation of Downsizing Announcements by Large U.S. Firms, 1984 to 2005

    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.

  2. The Great and the Small: The Impact of Collective Action on the Evolution of Board Interlocks after the Panic of 1907

    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.

  3. Ripples of Fear: The Diffusion of a Bank Panic

    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.

  4. Accounting for the Child in the Transmission of Party Identification

    The transmission of party identification from parent to child is one of the most important components of political socialization in the United States. Research shows that children learn their party identification from their parents, and parents drive the learning process. The vast majority of studies thus treats children as passive recipients of information and assumes that parent-child concordance equals transmission. Rather than relying on a single pathway by which parents teach children, we propose an alternative view by focusing on children as active agents in their socialization.

  5. Civic Stratification and the Exclusion of Undocumented Immigrants from Cross-border Health Care

    This paper proposes a theoretical framework and an empirical example of the relationship between the civic stratification of immigrants in the United States, and their access to healthcare. We use the 2007 Pew Hispanic Center/Robert Wood Johnson Foundation Hispanic Healthcare Survey, a nationally representative survey of U.S. Latinos (N = 2,783 foreign-born respondents) and find that immigrants who are not citizens or legal permanent residents are significantly more likely to be excluded from care in both the United States and across borders.

  6. Variation in the Protective Effect of Higher Education against Depression

    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.

  7. Where Does Debt Fit in the Stress Process Model?

    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.

  8. Markets, Nature, and Society: Embedding Economic & Environmental Sociology

    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.

  9. 2012 Presidential Address: Transforming Capitalism through Real Utopias

    This address explores a broad framework for thinking sociologically about emancipatory alternatives to dominant institutions and social structures, especially capitalism. The framework is grounded in two foundational propositions: (1) Many forms of human suffering and many deficits in human flourishing are the result of existing institutions and social structures. (2) Transforming existing institutions and social structures in the right way has the potential to substantially reduce human suffering and expand the possibilities for human flourishing.

  10. Study Explores Why There Is No Labor Party in the United States

    The improbable rise of Bernie Sanders' presidential campaign presents an interesting question: why is Sanders, a self-proclaimed "democratic socialist," running as a Democrat? "In any other industrialized country, Sanders would likely be the standard-bearer for a labor or social democratic party," said McGill University sociologist Barry Eidlin, whose new study appears in the June issue of the American Sociological Review. "But the U.S. famously lacks such a party."