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This chapter examines the mass movement of Americans into investing during the 1990s as both a consequence and a cause of contested power between corporations and…
This chapter examines the mass movement of Americans into investing during the 1990s as both a consequence and a cause of contested power between corporations and individuals. This movement was part of a larger historical pattern of economically marginalized people consolidating their power through associational strategies in the realm of finance. Using US investment clubs as a case study, the chapter draws on Foucault's theories to illuminate the bilateral power structure of modern capitalism, in which market institutions and small groups at the grassroots level mutually influence one another. While the investment club movement was in part a response to economic domination by corporate and political elites, it also catalyzed genuine shifts in the power dynamics between individuals and corporations.
This study develops a model of the causal impact of social capital on organizational performance, with particular attention to specifying the contingencies that transform…
This study develops a model of the causal impact of social capital on organizational performance, with particular attention to specifying the contingencies that transform some kinds of network ties into social capital or social liability. The study unpacks the “black box” linking social structure and firms' goal attainment by turning to mid-level theories of group heterogeneity and group processes. Hypotheses were tested using data from a national survey of investment clubs. The findings indicate that net increases in instrumental ties at the individual level produce social capital at the organization level in two ways: by increasing the information pool available to decision makers, and increasing their willingness to engage in constructive debate about that information. The combined effects produce increased profits for the organization.
This chapter addresses the concern that much theory building in organization and management (OM) research suffers from de-contextualization. The authors argue that…
This chapter addresses the concern that much theory building in organization and management (OM) research suffers from de-contextualization. The authors argue that de-contextualization comes in two main forms: reductionism and grand theory. Whereas reductionism tends to downplay context in favor of individual behavior, grand theory looks at context only in highly abstract ahistorical terms. Such de-contextualization is problematic for at least two reasons. First, the boundary conditions of theories remain unexplored in ways that threaten scientific validity. Second, de-contextualization limits the potential of OM theory to fully understand the role of organizations in society and thereby address societal grand challenges. These claims are exemplified through critical reviews of four fields in OM research – gender, employee voice, corporate social responsibility (CSR), and institutional logics – and counterpoints that may help to overcome de-contextualized research are presented.
To research the gender literature in order to determine whether it is advisable for a financial advisor to adjust their planning and advising processes based on the gender…
To research the gender literature in order to determine whether it is advisable for a financial advisor to adjust their planning and advising processes based on the gender of their client.
To correlate the gender literature with the personal financial planning process in order to determine whether advisors should adjust their approach based on the gender of their client.
The gender literature reveals significant differences concerning how men and women invest; consequently, it is felt that it is advisable for financial advisors to tailor their approach based on the gender of their client.
The financial planning process should be modified to incorporate the gender of the client.
Financial advisors should tailor their approach to the gender of their clients in order to ideal with them more effectively.
As female investors grow in importance, processes should be modified or adjusted in order to accommodated their preferences.
The purpose of this study is to review the hospitality and tourism strategy literature to identify trends related to key topical areas of research. The study objectives…
The purpose of this study is to review the hospitality and tourism strategy literature to identify trends related to key topical areas of research. The study objectives include identifying hospitality and tourism strategy challenges; presenting a synthesis of frequent strategy topics; and identifying opportunities for future research.
Earlier studies in the hospitality strategy literature were reviewed and synthesized to identify trends, gaps and opportunities.
Hospitality strategy research continues to improve and extend the boundaries of strategic thought in the hospitality literature. In assessing the literature from 1980 to 2013, it was apparent that the literature was following the mainstream trend of combining theoretical perspectives to some degree as well as applying more process-based concepts to hospitality strategy research. There were several challenges for propelling hospitality strategy research forward; these included the educational infrastructure, theory development and the quantity and quality of researchers in the field.
Given the depth and breadth of the strategy topics and research, it was difficult to ensure sufficient coverage was provided in the limited space of one journal article.
The study provides a good foundational understanding of where the hospitality strategy research had been and the trajectory of where it was headed. Further, it serves as a valuable resource for current researchers and those entering this area of research.