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  1. Through the Contested Terrain: Implementation of Downsizing Announcements by Large U.S. Firms, 1984 to 2005

    Since the 1980s, leading U.S. firms have announced massive downsizing plans in the name of maximizing shareholder value, but some observers are skeptical about how serious firms are in implementing these plans. Building on political theories of corporate governance, I examine how conflicts of interest and alignment among investors, workers, and top managers affect the implementation of announced downsizing plans.

  2. The Great and the Small: The Impact of Collective Action on the Evolution of Board Interlocks after the Panic of 1907

    Conventional research in organizational theory highlights the role of board interlocks in facilitating business collective action. In this article, I propose that business collective action affects the evolutionary path of interlock networks. In particular, large market players’ response after a collective action to the classic problem of the "exploitation" of the great by the small provides a mechanism for interlocks to evolve.

  3. Ripples of Fear: The Diffusion of a Bank Panic

    Community reactions against organizations can be driven by negative information spread through a diffusion process that is distinct from the diffusion of organizational practices. Bank panics offer a classic example of selective diffusion of negative information. Bank panics involve widespread bank runs, although a low proportion of banks experience a run. We develop theory on how organizational similarity, community similarity, and network proximity create selective diffusion paths for resistance against organizations.

  4. The Contingent Value of Embeddedness: Self-affirming Social Environments, Network Density, and Well-being

    Social capital theorists claim that belonging to a densely knit social network creates a shared identity, mutually beneficial exchange, trust, and a sense of belonging in that group. Taken together with the empirical research on the importance of social support and social integration for individuals’ well-being, there is reason to expect that the density of one’s personal social network should be positively related to well-being.

  5. Variation in the Protective Effect of Higher Education against Depression

    Numerous studies document that higher education is associated with a reduced likelihood of depression. The protective effects of higher education, however, are known to vary across population subgroups. This study tests competing theories for who is likely to obtain a greater protective benefit from a college degree against depression through an analysis of data from the National Longitudinal Study of Adolescent to Adult Health and recently developed methods for analyzing heterogeneous treatment effects involving the use of propensity scores.

  6. Where Does Debt Fit in the Stress Process Model?

    This paper contrasts two money-related stressors—debt and economic hardship—and clarifies where debt fits into the stress process model. Debt may be a direct or indirect stressor, as something mediated by psychosocial resources, and may be a potential buffer, interacting with economic hardship. The analyses use data from a two-wave panel study of 1,463 adults. One way debt is distinct from economic hardship is that debt is more common among economically advantaged groups.

  7. The Link between Functional Limitations and Depressive Symptoms: The Explanatory Role of Self-conceptions

    Having more physical limitations predicts greater depressive symptoms. However, relatively few studies examine self-conceptions as potential explanations for this association. Using ordinary least squares regression on panel data collected in Miami-Dade County, Florida (2001 and 2004, N = 1,362), we examine the effect of functional limitations on five dimensions of the self: self-esteem, mastery, mattering, introspection, and emotional reliance.

  8. A "Global Interdependence" Approach to Multidimensional Sequence Analysis

    Although sequence analysis has now become a widespread approach in the social sciences, several strategies have been developed to handle the specific issue of multidimensional sequences. These strategies have distinct characteristics related to the way they explicitly emphasize multidimensionality, interdependence, and parsimony.

  9. A Progressive Supervised-learning Approach to Generating Rich Civil Strife Data

    "Big data" in the form of unstructured text pose challenges and opportunities to social scientists committed to advancing research frontiers. Because machine-based and human-centric approaches to content analysis have different strengths for extracting information from unstructured text, the authors argue for a collaborative, hybrid approach that combines their comparative advantages.

  10. A Design and a Model for Investigating the Heterogeneity of Context Effects in Public Opinion Surveys

    Context effects on survey response, caused by the unobserved interaction between beliefs stored in personal memory and triggers generated by the structure of the survey instrument, are a pervasive challenge to survey research. The authors argue that randomized survey experiments on representative samples, when paired with facilitative primes, can enable researchers to model selection into variable context effects, revealing heterogeneity at the population level.