In this paper we entertain the hypothesis that observed variations in income shares are the result of changes in the balance of power between workers and capital owners in labor relations. We show that this view implies that income share variations represent a risk factor of first-order importance for the owners of capital and, consequently, are a crucial determinant of the return to equity. Wh...

The quest of building bigger and better computing systems has resulted in tremendous growth in the size of the storage systems. Not only have they grown in their size, they play a significant role in determining the overall performance of the applications and success of the entire computing system. While the industry is concerned about reducing the huge costs involved in running/maintaining the...

Editor’s Introduction: We feel privileged to republish portions of The Power of Balance: Transforming Self, Society, and Scientific Inquiry. Originally published by SAGE in 1991, the book’s copyright has reverted to the author, who wished to share our selection of excerpts as a contribution to this special issue’s theme. Torbert’s body of work has always been about fostering “the development of...

This paper contributes to the recent debates and emerging concepts in the international business literature by applying a social-institutionalist perspective that focuses on the processes of institution building in ventures between Western multinational corporations and post-socialist enterprises. It is argued that the knowledge and learning processes within these transnational sites are consti...

The regulations that shape the design and the operations of corporations, credit and securities markets differ vastly from country to country. In addition, similar regulations are often unequally enforced in different countries. Economists still have an imperfect understanding of why these international differences exist and of whether they tend to persist over time. However, a recent strand of...

When does nuclear counterproliferation succeed? When does it lead to preventive war? We argue that as the ratio between (i) the effect of nuclear acquisition on the balance of power and (ii) the costs of preventive war increases, counterproliferation becomes more successful but mistaken preventive wars also become more likely. We apply this logic to comparing the dynamics of proliferation durin...

The advent of Internet technologies during the past decade has accelerated the diffusion of interorganizational networks and has intensified collaboration among organizations. Currently, most interorganization systems have moved to the public Internet network and rely on Internet and associated standards such as XML to codify and exchange data. Though often portrayed as a narrow technical matte...

Social media is changing the balance of power as well as the dynamics of communication between manufacturers and retailers, their brands, and consumers. In this research we examine the effects of companies’ responses to consumer criticism in social media. Our findings indicate that a vulnerable response leads to more positive behavioral consequences without damaging product quality perceptions ...