Rating agencies play a pivotal role in international credit transactions. Their sovereign risk-assessments are largely thought to reflect objective evaluations of the creditworthiness of potential borrowers. We test this assumption by examining the role that competitive positioning and dynamics...

We integrate theory and findings from the strategic groups and reputation literatures to examine the consequences of cognitive strategic group membership and positioning within strategic groups on the media reputations of firms. We extend past discussions of media reputation to examine...

Drawing from economic and cognitive theories, researchers have argued that firms within an industry tend to cluster together, following similar strategies. Their positioning in strategic groups, in turn, is argued to influence firm actions and firm performance. We extend this research to examine...