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Recent Journal Publications by COB Faculty

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Management

“Predicting Organizational Reconfiguration”

This chapter addresses the issue of structural change within for-profit organizations, both as adaptation to changing markets and as purposeful experimentation to search for new opportunities, and builds upon the “reconfiguration” construct. In the areas of strategy, evolutionary economics, and organization theory, there are conflicting theories that either predict structural change or discuss obstacles to change. Our aim is to highlight relevant theoretical rationales for why and when organizations would, or would not, be expected to undertake structural reconfiguration. We conclude with remarks on how these literatures, together, inform our understanding of reconfiguration and organization design and provide insights for practitioners.
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Academic Journal
Marketing

“Preparing for the Attack: Mitigating Risk through Routines in Armed Self-Defense”

Prior research has shown that owning firearms for self-defense can be motivated by perceived risks and a desire to mitigate those risks. Keeping and carrying guns for self-defense also introduces risks to owners and others. We examine ways that consumers mitigate these latter risks. We employ theories of practice and prior work on risky consumption to interpret observational, interview, and textual data gathered from a multi-sited ethnography of consumers of handguns for self-defense. We reveal that these consumers attempt to mitigate risks in three ways: through readiness practices with guns but no assailant, simulated scenario practices incorporating simulated assailants, and mental rehearsals incorporating imagined assailants. This research contributes a model of risk mitigation in risky consumption, explicates how social norms and mental activities foster a sense of security from specific risks, and shows that collaboration is required for development of practical understanding of risk-mitigating routines that incorporate multiple people.
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Academic Journal
Management

“Pride in the Workplace: An Integrative Review, Synthesis, and Future Research Agenda”

Research on the role of emotions in organizations has evolved into a major field of study over the past two decades, often referred to as the “Affective Revolution,” (e.g., Barsade, Brief, and Spataro 2003; Elfenbein 2007). Taking note, many scholars have investigated the emotion most proximally associated with workplace achievement, self-efficacy, status and rank, identity, and collective belonging: pride. Pride reflects satisfaction with one's achievements and identity, the achievements of others or groups with whom one is closely associated (e.g., an organization; Helm 2013), or the possession of attributes that are socially valued (Tracy and Robins 2004). Surprisingly, despite the abundant and rapidly growing literature on pride in a work context, a comprehensive review of the literature is notably absent. Our review integrates and distills the current state of the science across this vast and fragmented literature, spread over multiple content domains. We identify emergent themes, offer an integrated process framework of pride in a work context, help to resolve conflicting findings and ongoing debates in this literature, and provide a series of generative and theoretically grounded suggestions for meaningfully extending the literature on pride in a work context.
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Academic Journal
Finance

“Private Debt, Unused Credit Lines, and Seasoned Equity Offerings”

We study a sample of SEOs to examine the impact of private debt and unused credit lines on SEO underpricing and long-run stock and operating performance. We do not find significant effects of private debt financing on SEO underpricing and long-run stock underperformance. However, firms with more bank debt and unused lines of credit exhibit significantly better pre-issue operating performance. Changes in operating performance from the pre-issue year to the post-issue period are negatively related to the size of unused credit lines. Capital spending decreases with the size of unused credit lines in the year prior to SEOs, but increases following SEOs. Our overall evidence suggests that the post-issue operating performance we observed may be a result of overinvestment, which is enhanced by unused credit lines.
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