American Sociological Association

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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. The Accumulation of (Dis)advantage: The Intersection of Gender and Race in the Long-Term Wage Effect of Marriage

    A sizable literature examines whether and why marriage affects men’s and women’s wages. This study advances current research in two ways. First, whereas most prior studies treat the effect of marriage as time-invariant, I examine how the wage effect of marriage unfolds over the life course. Second, whereas prior work often focuses on the population-average effect of marriage or is limited to some particular gender or racial group, I examine the intersection of gender and race in the effect of marriage.

  5. "Both Sides of the Story": History Education in Post-Apartheid South Africa

    Scholars have documented the emergence of apparently race-neutral discourses that serve to entrench racial stratification following the elimination of de jure segregation. These discourses deny the existence of both present-day racism and the contemporary effects of histories of racial oppression. Researchers posit that individuals are socialized into these views, but little empirical attention has been paid to the processes through which such socialization occurs.

  6. Discrimination in Lending Markets: Status and the Intersections of Gender and Race

    Research documents that lenders discriminate between loan applicants in traditional and peer-to-peer lending markets, yet we lack knowledge about the mechanisms driving lenders’ behavior. I offer one possible mechanism: When lenders assess borrowers, they are implicitly guided by cultural stereotypes about the borrowers’ status. This systematically steers lenders toward funding higher status groups even when applicants have the same financial histories.

  7. Race, Ethnicity, Sexuality, and Women's Political Consciousness of Gender

    Existing research emphasizes the importance of group identification and perceived similarity in the development of group consciousness. Intersectionality suggests that for many women, a political consciousness of gender may also stem from experiences with race, ethnicity, and sexuality and may be interconnected with a consciousness of other forms of inequality. This study analyzes data from a recent national survey to investigate how race, ethnicity, and sexuality intersect with women’s gendered political consciousness.

  8. 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.

  9. 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.

  10. Prejudice, Exclusion, and Economic Disadvantage: A Theory

    A central hypothesis about discrimination is that prejudice forces the stigmatized into low-paying, undesirable jobs. Prejudice clearly leads to exclusion. But surprisingly, evidence linking exclusion to disadvantage is mixed. We address this issue theoretically, providing a formal rational choice model combining arguments from sociology (on prejudice) and economics (on competition). Our theory suggests that economic organization is crucial.