Entrepreneurs' responses to semi-formal illegitimate institutional arrangements

While prior research has discussed how entrepreneurs deal with formal institutional voids and informal institutional environments, little is known about how entrepreneurs respond to institutional arrangements involving illegitimate actors. We define such arrangements as semi-formal illegitimate institutions. Using an exploratory study, we examine one such arrangement in Guatemala City, where organized crime dominates the institutional landscape in which entrepreneurs operate. We examine the strategic responses of these entrepreneurs, and find that they vary in the extent to which they resist semi-formal illegitimate institutions; some entrepreneurs engage in defiance, others avoid the illegitimate pressures, while others simply acquiesce. Upon further investigation, we find that the differences in entrepreneurs' network strength and network proximity, combined with their individual perception of threat and resource mobility, help to predict the different strategic responses.     

Broadcasting and the Problem of Enforced Leisure during the 1930s

Abstract

For many people during the early 20th century, leisure was not a voluntary expression of one’s spare time, but rather a consequence of mass, long‐term unemployment caused by a global economic recession. In the context of the British labour market, millions of workers in the 1930s were the hapless casualties of what was commonly described at the time as ‘enforced leisure’. For these people, the relatively recent advancements in disposable income, leisure and social facilities, and living standards were of little relevance, in that they were forced to spend much of their time on the periphery of what were for most people everyday social activities. Drawing on Foucauldian theories of governmentality and archival research, this paper examines the ways in which early broadcasting sought to police the problem of enforced leisure and its perceived effects by rendering the experience and behaviour of the unemployed more governable.     

Six families of efficient resolvable designs in three replicates

A resolvable incomplete-block design in three replicates is abstractly equivalent to a design for three factors whose effects are additive, but the efficiency factors for the two designs are not the same. Six families of known designs of the second type are used to construct designs of the first type.     

Abstracts

Quality & Quantity -     

Sub-sovereign bond buyback: a way forward for debt-laden regions in austerity

ABSTRACT

Previous academic literature has criticised bond buyback as a ‘”boondoggle” benefiting a country’s creditors’—meaning that buybacks are a wasteful use of public money. This paper challenges the narrow financial–economic perspective behind that statement by adopting a broader socio-political framework that includes the potential benefits of buyback for citizens, not just financial market costs. In particular, buyback does not necessarily require a budget surplus via higher local taxes and/or increased austerity measures.     

Public Information and Consumer Skepticism Effects on Celebrity Endorsements: Studies among Young Consumers

This article reports on a survey and an experimental study that were conducted to determine the extent to which public information about celebrity endorsers influences consumers' attitudes and perceptions, and whether this was moderated by an individual difference factor, consumer skepticism. Participants in the survey were more likely to recall and discuss negative events involving male sports celebrities; thought that these negative events had little or no effect on their perceptions of brands or companies associated with embattled celebrities; and focused discussion on the case of Kobe Bryant, when they were asked to discuss a specific case of a controversy involving a celebrity endorser. The experimental study revealed significant main and interaction effects of nature of information about a celebrity and consumer skepticism. It revealed that consumer skepticism has its greatest impact when information is neutral. The experimental study established that advertisers have to take into account the level of consumer skepticism when they use celebrities in their advertisements to target different groups of consumers.     

Not every public sector is a field: evidence from the recent overhaul of the English NHS

ABSTRACT

A structural interpretation of institutionalism has become dominant in public management research. Yet, studies tend to assume an institutional-level phenomenon without specifying how an organizational field was identified or whether structural characteristics can indeed be found in the organizational population studied. This lacuna is illustrated by exploring the structural interpretation of the field construct in the case of the recent overhaul of English primary care. Findings demonstrate the need for a more robust application of institutionalism in empirical research. Possible research problems for public management and a future research agenda based on a more relational approach to fields are discussed.     

The value of waivers from the affordable care act

The Affordable Care Act requires health insurance plans to offer coverage without annual limits. This requirement began to be enforced in September of 2010, but some employers received special waivers that delayed the start of enforcement for them. Using data from the Center for Research in Security Prices (CRSP), we conduct an event study of the stock prices of these companies as their waivers were announced. We find that waivers do not lead to a statistically significant increase in the stock prices of waiver recipients.