In 2007 and 2008, the price of oil skyrocketed, hitting historic highs. The corresponding increase in gas price was felt sharply in the United States by ordinary people, industries, the military and the government. Citizens were spending more and more of their paychecks to fill their gas tanks,...

This paper presents a positive theory of corporate social responsibility set in a managerial capitalism context in which managers instead of markets allocate resources, including social expenditures. The theory focuses jointly on the operational management of the firm and on its social...

We focus on three critical areas of future research on regulatory fit. The first focuses on how regulatory orientation gets sustained. We argue that there are two distinct approaches that bring about the 'just right feeling': (1) process-based (involving the interaction between regulatory...

In this chapter, we trace the historical and intellectual origins of system justification theory, summarize the basic assumptions of the theory, and derive 18 specific hypotheses from a system justification perspective. We review and integrate empirical evidence addressing these hypotheses...

We examine whether pollution prevention actions result in innovation. Since a change in the product or process is not instantaneous, we compute the buy and hold returns for the long run to capture the gains due to innovation. We compare the stock market performances for firms that reported...

Using Monte Carlo simulations, this paper evaluates the bias properties of common estimators used in growth regressions derived from the Solow model. We explicitly allow for measurement error in the right-hand side variables, as well as country-specific effects that are correlated with the...

Models with adaptive agents have become increasingly popular in computational sociology (e.g. Macy 1991, Macy and Flache 2002). In this paper we show that at least two important kinds of such models lack empirical content. In the first type players adjust via reinforcement learning: they adjust...

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...