Organizations in democratic societies often encounter detrimental public policies that are later reversed due to rather predictable political cycles. The standard organizational responses to detrimental public policies examined in the literature include exiting the market altogether, attempting...

Why would high-status organizations, presumably secure in their positions, resort to illegality? This study considered the possibility that status theory might have overestimated the relative security of high-status organizations. Our theory that an inability to meet associates' expectations...