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Status Signals
2010,2008,2005
Why are elite jewelers reluctant to sell turquoise, despite strong demand? Why did leading investment bankers shun junk bonds for years, despite potential profits?Status Signalsis the first major sociological examination of how concerns about status affect market competition. Starting from the basic premise that status pervades the ties producers form in the marketplace, Joel Podolny shows how anxieties about status influence whom a producer does (or does not) accept as a partner, the price a producer can charge, the ease with which a producer enters a market, how the producer's inventions are received, and, ultimately, the market segments the producer can (and should) enter. To achieve desired status, firms must offer more than strong past performance and product quality--they must also send out and manage social and cultural signals.
Through detailed analyses of market competition across a broad array of industries--including investment banking, wine, semiconductors, shipping, and venture capital--Podolny demonstrates the pervasive impact of status. Along the way, he shows how corporate strategists, tempted by the profits of a market that would negatively affect their status, consider not only whether to enter the market but also whether they can alter the public's perception of the market. Podolny also examines the different ways in which a firm can have status. Wal-Mart, for example, has low status among the rich as a place to shop, but high status among the rich as a place to invest.
Status Signalsprovides a systematic understanding of market dynamics that have--until now--not been fully appreciated.
The Culture of the New Capitalism
2006,2008
The distinguished sociologist Richard Sennett surveys major differences between earlier forms of industrial capitalism and the more global, more febrile, ever more mutable version of capitalism that is taking its place. He shows how these changes affect everyday life-how the work ethic is changing; how new beliefs about merit and talent displace old values of craftsmanship and achievement; how what Sennett calls \"the specter of uselessness\" haunts professionals as well as manual workers; how the boundary between consumption and politics is dissolving.
In recent years, reformers of both private and public institutions have preached that flexible, global corporations provide a model of freedom for individuals, unlike the experience of fixed and static bureaucracies Max Weber once called an \"iron cage.\" Sennett argues that, in banishing old ills, the new-economy model has created new social and emotional traumas. Only a certain kind of human being can prosper in unstable, fragmentary institutions: the culture of the new capitalism demands an ideal self oriented to the short term, focused on potential ability rather than accomplishment, willing to discount or abandon past experience. In a concluding section, Sennett examines a more durable form of self hood, and what practical initiatives could counter the pernicious effects of \"reform.\"
The Roles of Leadership Styles in Corporate Social Responsibility
by
Swaen, Valérie
,
Lindgreen, Adam
,
Sen, Sankar
in
Business and Management
,
Business Ethics
,
Business structures
2013
This research investigates the interplay between leadership styles and institutional corporate social responsibility (CSR) practices. A large-scale field survey of managers reveals that firms with greater transformational leadership are more likely to engage in institutional CSR practices, whereas transactional leadership is not associated with such practices. Furthermore, stakeholder-oriented marketing reinforces the positive link between transformational leadership and institutional CSR practices. Finally, transactional leadership enhances, whereas transformational leadership diminishes, the positive relationship between institutional CSR practices and organizational outcomes. This research highlights the differential roles that transformational and transactional leadership styles play for a firm's institutional CSR practices and has significant implications for theory and practice.
Journal Article
The anthropology of corporate social responsibility
by
Dolan, Catherine
,
Rajak, Dinah
in
Anthropology
,
Anthropology -- Social aspects
,
Anthropology -- Social aspects. fast (OCoLC)fst00810233
2016
The first and only edited volume on the anthropology of corporate social responsibility. Offers a critical, comprehensive overview charting the anthropological contribution to the analysis of corporate social responsibility. Draws together work of key thinkers/anthropologists working on corporate social responsibility. Brings together ethnographic case studies of CSR in practice from diverse localities across the global and across various sectors and industries from mining, oil and gas, to cosmetics and apparel.
Organizing Supply Chain Processes for Sustainable Innovation in the Agri-Food Industry
by
Cagliano, Raffaella
,
Worley, Christopher G.
,
Caniato, Federico F. A.
in
Business logistics
,
Food supply
2016
This book explores the challenges of sustainable agri-food supply chains. It presents and discusses nine cases of organizational innovation, covering different phases of food production and facing different challenges, by proposing alternative models to the traditional paradigm of scale and leverage to design supply chain in these industries.
Drift into Failure
2011,2016,2012
This book explores complexity theory and systems thinking to better understand how complex systems drift into failure. It studies sensitive dependence on initial conditions, unruly technology, tipping points, diversity - and finds that failure emerges opportunistically, non-randomly, from the very webs of relationships that breed success and that are supposed to protect organizations from disaster. It develops a vocabulary that allows us to harness complexity and find new ways of managing drift.
Social Responsibilities of the Businessman
2013
Corporate social responsibility (CSR) expresses a fundamental morality in the way a company behaves toward society. It follows ethical behavior toward stakeholders and recognizes the spirit of the legal and regulatory environment. The idea of CSR gained momentum in the late 1950s and 1960s with the expansion of large conglomerate corporations and became a popular subject in the 1980s with R. Edward Freeman'sStrategic Management: A Stakeholder Approachand the many key works of Archie B. Carroll, Peter F. Drucker, and others. In the wake of the financial crisis of 2008-2010, CSR has again become a focus for evaluating corporate behavior.
First published in 1953, Howard R. Bowen'sSocial Responsibilities of the Businessmanwas the first comprehensive discussion of business ethics and social responsibility. It created a foundation by which business executives and academics could consider the subjects as part of strategic planning and managerial decision-making. Though written in another era, it is regularly and increasingly cited because of its relevance to the current ethical issues of business operations in the United States. Many experts believe it to be the seminal book on corporate social responsibility.This new edition of the book includes an introduction by Jean-Pascal Gond, Professor of Corporate Social Responsibility at Cass Business School, City University of London, and a foreword by Peter Geoffrey Bowen, Daniels College of Business, University of Denver, who is Howard R. Bowen's eldest son.
Enculturation Trajectories: Language, Cultural Adaptation, and Individual Outcomes in Organizations
by
Manian, V. Govind
,
Srivastava, Sameer B.
,
Potts, Christopher
in
Adaptation
,
attainment
,
Corporate culture
2018
How do people adapt to organizational culture, and what are the consequences for their outcomes in the organization? These fundamental questions about culture have previously been examined using self-report measures, which are subject to reporting bias, rely on coarse cultural categories defined by researchers, and provide only static snapshots of cultural fit. By contrast, we develop an interactional language use model that overcomes these limitations and opens new avenues for theoretical development about the dynamics of organizational culture. We trace the enculturation trajectories of employees in a midsized technology firm based on analyses of 10.24 million internal emails. Our language-based model of changing cultural fit (1) predicts individual attainment; (2) reveals distinct patterns of adaptation for employees who exit voluntarily, exit involuntarily, and remain employed; (3) demonstrates that rapid early cultural adaptation reduces the risk of involuntary, but not voluntary, exit; and (4) finds that a decline in cultural fit for individuals who had successfully enculturated portends voluntary departure.
The supplemental material is available at
https://doi.org/10.1287/mnsc.2016.2671
.
This paper was accepted by Olav Sorenson, organizations.
Journal Article
The Human Factor In Social Capital Management: The Owner-manager Perspective
by
Manning, Paul C.
in
Industrial management -- Moral and ethical aspects
,
Persönlichkeitspsychologie
,
Social capital (Sociology)
2015
This book is about the management of social capital processes as they are accomplished-understood, experienced and shaped-by owner-managers. The aim of the book is to develop a deeper understanding of these management processes, and thereby to contribute to a greater congruence between lived social capital perspectives and experiences, and theoretical and empirical literature. The book argues that social capital processes are context dependent and hence cannot be fully understood within an economic understanding of rationality. It follows that claims for the universality of the economic way of looking at life, and for looking at social capital processes are over-stated. Predicated on this insight the book investigates economic notions of rationality, as well as other perspectives on rationality in the management of social capital processes.