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The Dynamics of Organizational Status

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  • Podolny, Joel M
  • Phillips, Damon J
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    Abstract

    This paper examines the growth (and decline) of organizational status. It is argued that an organization's status is determined by two factors: past performance outcomes and the status of the organization's affiliates. The better the past performance outcomes and the higher the status of the affiliates, the greater the organization's growth in status. This basic proposition is tested in an examination of status changes among investment banks in the non-investment grade market between 1981 and 1987. Implications and extensions are discussed in the conclusion. Copyright 1996 by Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Industrial & Corporate Change.

    Volume (Year): 5 (1996)
    Issue (Month): 2 ()
    Pages: 453-71

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    Handle: RePEc:oup:indcch:v:5:y:1996:i:2:p:453-71

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    Cited by:
    1. Gabbioneta, Claudia & Greenwood, Royston & Mazzola, Pietro & Minoja, Mario, 2013. "The influence of the institutional context on corporate illegality," Accounting, Organizations and Society, Elsevier, vol. 38(6), pages 484-504.
    2. Malik, Tariq, 2012. "Disparate association between alliance social capital and the global pharmaceutical firm's performance," International Business Review, Elsevier, vol. 21(6), pages 1017-1028.
    3. Karen D. W. Patterson & David Eduardo Cavazos & Marvin Washington, 2014. "It Does Matter How You Get to the Top: Differentiating Status from Reputation," Administrative Sciences, MDPI, Open Access Journal, vol. 4(2), pages 73-86, April.
    4. Gay, Brigitte & Dousset, Bernard, 2005. "Innovation and network structural dynamics: Study of the alliance network of a major sector of the biotechnology industry," Research Policy, Elsevier, vol. 34(10), pages 1457-1475, December.
    5. K. O’Shaughnessy & Eric Gedajlovic & Patrick Reinmoeller, 2007. "The influence of firm, industry and network on the corporate social performance of Japanese firms," Asia Pacific Journal of Management, Springer, vol. 24(3), pages 283-303, September.
    6. Maria-Gabriella Baldarelli & Sabrina Gigli, 2014. "Exploring the drivers of corporate reputation integrated with a corporate responsibility perspective: some reflections in theory and in praxis," Journal of Management and Governance, Springer, vol. 18(2), pages 589-613, May.
    7. Swaminathan, Anand & Hoetker, Glenn & Mitchell, Will, 2002. "Network Structure and Business Survival: The Case of U.S. Automobile Component Suppliers," Working Papers 02-0105, University of Illinois at Urbana-Champaign, College of Business.

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