Search results

This study uses a new, fine-grained, firm-based measure of target resources to investigate the relationship between target resource type and acquirer stock market performance. Our findings suggest that the market punishes acquirers of knowledge-based resources more than those that buy property-based resources due to the perceived uncertainty regarding the value of targets’ knowledge resources. In support of the underlying uncertainty argument, we find that managers announcing knowledge-based mergers provide more information in their press releases than those announcing property-based transactions. While prior studies have suggested that resource relatedness may moderate the resource type and acquisition performance link, our findings do not support either a direct or moderating relationship.

Declining productivity and disappointing lack of profitability after three decades of biotechnology commercialization, despite enormous investment and the great promise of breakthrough solutions, have led researchers to question whether traditional horizontal acquisition strategies result in superior firm performance. Our chapter explores the answer to this question as well as to the role that disclosure plays in this important emerging industry. Using standard event study methodology, we examine differences in market performance of vertical versus horizontal acquisition strategies, along with the role played by the amount of information disclosed in the announcement. Our results suggest that vertical acquisitions underperform horizontal acquisitions, with the amount of disclosure playing a role in the market's ability to react to a firm's acquisition strategy accurately and quickly. Our results suggest that accountants who have called for additional disclosure, especially in complex industries such as biopharma, are correct in assuming that nonfinancial information plays a significant role in investors’ valuation of an acquisition event. Managers of biopharma firms, however, are cautioned that more disclosure, through the reduction of uncertainty, may result in lower market valuations for acquirers.

This chapter investigates how we have come to know what we know, in the United States, about the terms “ability” and “disability” through the story of Helen Keller and her teacher Anne Sullivan Macy. What is the narrative of Helen Keller as told through children’s literature? How might the ways in which her life is presented contribute to stereotypes of what it means to be disabled? What, if any, are the ways in which authors of these books resist writing about her as someone who “overcame” her disabilities? How is Helen Keller’s relationship with her teacher, Anne Sullivan, portrayed and what might this representation contribute to the concepts of dependence and interdependence?

This project provides a sociological analysis of common themes through a content analysis of 20 children’s books on Helen Keller.

The theme of the widely circulating “story of the water pump moment” (when Keller realizes that hand movements signify language) depicts a one-sided relationship of Helen Keller and her teacher Anne Sullivan Macy. This informs the narrative representations of Anne Sullivan Macy as “miracle worker” and Helen Keller as “miracle child.” Another theme is the “complexities of resistance,” which shows how these narratives uphold the stereotype that Helen Keller needed to “overcome” her disabilities while also resisting this notion and showing how she also helped Anne Sullivan Macy.

This demonstrates how widely circulating stories such as those about Helen Keller shape what we know about what it means to be abled or disabled, challenges simplistic binary understandings of the disability experience, and points to the power of narratives to shape systems of beliefs.

This is a narrative inquiry into the phenomenon of teacher retention. Specifically, we study an 18-year teaching veteran’s stories that span her career. We address the question of what sustains her in her profession. We chose to “see big” (Greene, 1995) our teacher participant, Anne, exploring, with her, the particulars of her teaching world, the contextual factors, emotional processes, and her relationship with her administration, subject matter, students. The research opens a view into Anne’s decisions along the way that contributed to her constructing a “story to stay by” (Craig, 2014; Ross & Prior, 2014). Narrative inquiry helped us see big through Anne’s stories. Anne’s best-loved self was closely connected with her professional knowledge landscape. In Anne’s case, her interactions with students, her collaboration with other teachers, and her reactions to the evaluation system stimulated the evolution of her perceptions of herself as a teacher. Therefore, the best-loved self is featured as a dynamic image resulting from continuous interactions between the teacher and other components of the professional knowledge landscape. The teacher’s meaning-making of those interactions, likewise, plays a significant role in shaping his or her image of the best-loved self. Our inquiry into the best-loved reminds teachers that they can cultivate their best-loved selves through personal storytelling that begins with reflection. Anne’s stories of fear, doubt, hope, inferiority, and joy may be important for other teachers. Such reflection may yield further insight into the behaviors and beliefs that encourage and sustain teachers.

While much of the existing research regarding moral exemplarity has focused on living individuals, examination of the lives of historical figures can also prove invaluable in understanding moral motivation. Consequently, this paper sought to apply Frimer and Walker’s (2009) reconciliation model and methodology in examining themes of agency and communion in the motivation of Miep Gies. Frimer and Walker’s (2009) Self-Understanding Interview and the VEiN coding method (Frimer, Walker, & Dunlop, 2009) served as guides for examining published and audio-recorded interviews, biographical and autobiographical information, as well as video-recorded speeches given by Gies. Aspects of an integrated moral identity appeared evident in the personality of Miep Gies as indicated in statements reflecting an overlap of both agency and communion. The study was limited in its reliance on publically available documents about or by Gies. Further, reliance on these documents, as opposed to a “live” interview, limited the ability of the author to identify responses to all questions included in Frimer and Walker’s (2009) interview or fully utilize the VEiN coding method (Frimer et al., 2009). Exploration of life narratives of historical figures can provide insight into an integrated moral identity as well as examples of developmental crossroads Frimer and Walker (2009) cited as essential in their reconciliation model. Comprehension of this reconciliation process is critical to understanding what lies at the heart of moral motivation and action as well as the ability to promote such growth in the lives of others.