TY  - CHAP
AB  - Abstract Using data from securities analysts, who are awarded status by the third-party organization Institutional Investor magazine, we examine the emergence of competition and articulate a model of competitive response among actors aware of the importance of status and some of the dimensions on which it may be gained. We predict analysts’ initiating or ceasing coverage of stocks in response to other analysts initiating coverage on stocks they cover. We find that competition can emerge because of status seeking rather than as a response to own capabilities or market needs, with compelling, and potentially negative, market implications for overt status seeking.
VL  - 50
SN  - 978-1-78635-915-5, 978-1-78635-914-8/0733-558X
DO  - 10.1108/S0733-558X20170000050011
UR  - https://doi.org/10.1108/S0733-558X20170000050011
AU  - Bowers Anne H.
AU  - Greve Henrich R.
AU  - Mitsuhashi Hitoshi
PY  - 2017
Y1  - 2017/01/01
TI  - Look at Me: Overt Status-Seeking Behavior and Competitive Emergence among Securities Analysts
T2  - Emergence
T3  - Research in the Sociology of Organizations
PB  - Emerald Publishing Limited
SP  - 351
EP  - 382
Y2  - 2024/04/23
ER  -