Neo-institutionalists have criticized organizational ecology's density-dependent theory of legitimation for being a "black box" leaving the details of the legitimation process unspecified, and ignoring the pre-eminently political nature of the creation of new organizational forms. In the present...

In an integration of just world and system justification theories, it was hypothesized that exposure to complementary representations of the poor as happier and more honest than the rich would satisfy the justice motive and lead to an increase in support for the status quo. This hypothesis was...

According to system justification theory, which complement theories of similarity, social identification, and homophily, people internalize and perpetuate systemic forms of inequality, event if it means harboring preference for members of higher status outgroups. In Study 1, students from a high...

In this paper we describe how margins in the channel vary over time within a product category and identify the market, manufacturer, and retailer characteristics that explain this variation. To obtain the equilibrium margins, we explicitly model the behavior of the various agents in the...

This paper provides a new explanation for the use of convertible securities in venture capital, which is based on the trade-off between acquisition or IPOs. A key property of convertible preferred equity is that it allocates different cash flow rights, depending on whether exit occurs by...

This paper examines the effects on the informativeness of software companies' financial statements of limiting the amount of discretion with respect to software revenue recognition following the issuance of Statement of Position 91-1 in 1992. The requirement that companies adopt SOP 91-1 by...

This paper examines whether property-casualty insurance companies manage earnings to influence investor expectations at the time of equity issuances. Our tests focus on the discretionary component of a material accounting accrual recognized by property-casualty insurance companies, i.e., the...

This paper examines the position of India in the world trading system. It considers three separate questions: Firstly, how integrated is India in the world trade? Secondly, what gains could India reap from further trade liberalization? Thirdly, what are the best means to achieve greater trade...

The compromise effect denotes the finding that brands gain share when they become the intermediate rather than an extreme option in a choice set (Simonson 1989). Despite the robustness and importance of this phenomenon, choice modelers have neglected to incorporate the compromise effect within...