An Empirical Analysis of Post‐Merger Organizational Integration

We study post‐merger organizational integration using linked employer–employee data. Integration is implemented by reassigning a small number of high‐skilled workers, especially in R&D and management. Workforce mixing is concentrated to establishments set up after merger, rather than to previously existing establishments. Worker turnover is high after merger, but new hiring yields stable total employment. Target employees have higher turnover and reassignment, particularly if the target firm is small relative to the acquiring firm. These findings might suggest that integration is costly, but can be achieved by focusing on key employees. Alternatively, the reassignment of a few key employees is sufficient for achieving integration.     

Discipline,representation and dispute resolution—exploring the role of trade unions and employee companions in workplace discipline

This article reports findings that suggest that trade union representation both protects worker interest and also facilitates the informal resolution of disciplinary disputes. However, this is dependent on robust representative structures and high‐trust relationships with employers. Conversely, non‐union companions were found to have no substantive impact on disciplinary processes and outcomes.     

Equity Markets, Transactions Costs, and Capital Accumulation: An Illustration

Poorly developed equity markets inhibit the transfer of capitalownership. Moreover, the costs of transacting in equity marketsaffect not just the level of investment, but the kinds of investmentsthat are undertaken. Once equity markets allow the ownershipof capital to be transferred economically, reductions in coststend to favor the use of longer-maturity investments. When thereis a relationship between the maturity of an investment andits productivity, transactions cost reductions are conduciveto observing certain kinds of increases in productive efficiency.This article analyzes savings, investment, and consumption decisionsby using an overlapping generations model with two-period-livedagents. The analysis allows for several technologies for convertingcurrent output into future capital that vary by productivityand maturity, and it makes ownership of capital costly to transfer.A reduction in transactions costs will typically alter the compositionof savings and investment, and have potentially complicatedconsequences for capital accumulation and steady-state output.     

Comparing value orientations of German and Chinese managers: impacts of demographic and business-related factors

This article investigates the impact of demographic and business-related factors on universal values through surveying a large sample of German and Chinese managers. ANOVA analyses indicate that especially the factors age, job tenure and business sectors have substantially large and significant effects on basic human value orientations of German managers. For Chinese business leaders, the educational level and job tenure are the most relevant factors affecting their value priorities, while the factor age has lower impacts. Consistently with Schwartz (2006b), who postulates a pan-cultural consensus regarding value priorities, the findings of this study reveal a broad basis of similarities between both countries' managers. However, distinctions evolve; the factor company location has impacts on Chinese managers' but not on German managers' values. This indicates a distinctive Chinese intra-cultural variety which may have arisen from the heterogeneity of Chinese culture, whereas the relatively low degree of intra-cultural variety in Germany is likely to result from the homogeneity of German culture. Whether the diverse geographic sizes of both countries have impacts on the degree of intra-cultural diversity is an issue which may be debated.     

‘Growing’ social protection in developing countries: Lessons from Brazil and South Africa

The rapid expansion of social protection in the South provides a rich diversity of experiences and lessons on how best to reduce poverty and ultimately eradicate it. Knowledge on how best to ‘grow’ social assistance, understood as long-term institutions responsible for reducing and preventing poverty, is at a premium. This article examines the expansion of social assistance in Brazil and South Africa, two of the middle income countries widely perceived to have advanced furthest in ‘growing’ social protection. It examines three aspects: the primacy of politics in explaining the expansion of social protection and assistance, the tensions between path-dependence and innovation in terms of institutions and practices, and the poverty and inequality outcomes of social assistance expansion. The article concludes by drawing the main lessons for other developing countries.     

Social Capital and Union Revitalization: A Study of Worker Networks in the UK Audio‐Visual Industries

This article examines Jarley's contention that trade union revitalization is conditional upon the generation of social capital through the systematic creation of networks. It draws on a qualitative study of freelance workers in the UK audio‐visual industry to consider two propositions. The first, that ‘social capital within networks is forged on “bonds” that are conducive to trade union identity’ was not sustained by the data, which instead suggested that social capital is more likely to be generated by networks outside trade union structures. However, the data did support the second proposition that ‘trade unions can harness social capital in order to achieve concrete industrial relations outcomes’ by linking networks to reservoirs of expertise and influence.     

Hierarchies, Power Inequalities, and Organizational Corruption

This article uses social dominance theory (SDT) to explore the dynamic and systemic nature of the initiation and maintenance of organizational corruption. Rooted in the definition of organizational corruption as misuse of power or position for personal or organizational gain, this work suggests that organizational corruption is driven by the individual and institutional tendency to structure societies as group-based social hierarchies. SDT describes a series of factors and processes across multiple levels of analysis that systemically contribute to the initiation and maintenance of social hierarchies and associated power inequalities, favoritism, and discrimination. I posit that the same factors and processes also contribute to individuals?? lower awareness of the misuse of power and position within the social hierarchies, leading to the initiation and maintenance of organizational corruption. Specifically, individuals high in social dominance orientation, believing that they belong to superior groups, are likely to be less aware of corruption because of their feeling of entitlement to greater power and their desire to maintain dominance even if that requires exploiting others. Members of subordinate groups are also likely to have lower awareness of corruption if they show more favoritism toward dominant group members to enhance their sense of worth and preserve social order. Institutions contribute to lower awareness of corruption by developing and enforcing structures, norms, and practices that promote informational ambiguity and maximize focus on dominance and promotion. Dynamic coordination among individuals and institutions is ensured through the processes of person-environment fit and legitimizing beliefs, ideologies, or rationalizations.     

SAVED BY THE MORNING BELL: SCHOOL START TIME AND TEEN CAR ACCIDENTS

Adolescents today suffer from chronic sleep deprivation due to a combination of biological changes to the circadian clock and early morning school bell times. Many school districts are now considering delaying high school start times to accommodate the sleep schedules of teens. This paper explores whether such policy changes can have an unexpected impact on teen car accident rates. This impact could function both through a direct effect on teen sleep deprivation and indirectly through changes to the driving environment, that is, shifting the time and conditions under which teens commute to school. By focusing on late‐night accidents and employing a difference‐in‐differences strategy using adult drivers as a control group, I find evidence of a persistent sleep deprivation mechanism. A 15‐minute delay in school start time causes a significant decrease in late‐night teen accidents of approximately 23%. However, I also find evidence of an opposing mechanism that is present during the morning commuting hours. A 15‐minute delay in high school start time leads to a 21% increase in morning teen car accidents. (JEL I29, J13, R41)     

When one bad apple spoils consumers’ judgment of the brand: exposure to an employee’s non-workplace transgression and potential remedies

Four experiments investigate consumers’ moral judgments of a firm’s brand reputation when given information about an employee’s non-workplace transgression. To the extent that the employee is perceived to have power in the firm (i.e., control over resources and decisions), the employee’s offensive action damages the firm’s reputation and decreases consumers’ purchase intentions. These effects occur even though the action occurs in the employee’s private life and is unrelated to product quality. The results replicate for three types of products and three types of offenses. The employee’s perceived power in the firm provides the most consistent explanation of customers’ negative responses and is a better predictor than the alternative explanations tested (e.g., perceived status). Results also show that after an offense comes to light, firm reactions that decrease or eliminate the employee’s power in the organization—such as reducing decision-making responsibilities or firing the employee—can help restore the firm’s reputation.     

Applying Person‐Environment Fit Theory to Identify Personality Differences between Prospective Social and Commercial Entrepreneurs: An Explorative Study

Research has started to investigate personality traits of social entrepreneurs because such traits in commercial entrepreneurs have been found to affect new venture creation/success. In this exploratory study, we apply the person‐environment fit theory and analyze specific social entrepreneurial personality dimensions (i.e., altruism, empathic concern, personal distress, compassion), and classical entrepreneurial personality dimensions (i.e., need for achievement (nAch), entrepreneurial self‐efficacy (ESE), general self‐efficacy, risk‐taking propensity) to identify differences between prospective social and commercial entrepreneurs. Using a sample of 85 prospective entrepreneurs, results show that prospective social entrepreneurs differ from prospective commercial entrepreneurs in the personality dimensions of personal distress, nAch, ESE, and risk‐taking propensity.