Entrepreneurial sons, patriarchy and the Colonels' experiment in Thessaly, rural Greece

Existing studies within the field of institutional entrepreneurship explore how entrepreneurs influence change in economic institutions. This paper turns the attention of scholarly inquiry on the antecedents of deinstitutionalization and more specifically, the influence of entrepreneurship in shaping social institutions such as patriarchy. The paper draws from the findings of ethnographic work in two Greek lowland village communities during the military Dictatorship (1967–1974). Paradoxically this era associated with the spread of mechanization, cheap credit, revaluation of labour and clear means-ends relations, signalled entrepreneurial sons’ individuated dissent and activism who were now able to question the Patriarch’s authority, recognize opportunities and act as unintentional agents of deinstitutionalization. A ‘different’ model of institutional change is presented here, where politics intersects with entrepreneurs, in changing social institutions. This model discusses the external drivers of institutional atrophy and how handling dissensus (and its varieties over historical time) is instrumental in enabling institutional entrepreneurship

Towards capturing heterogeneity of supply network structures and their temporal transitions: an investigation of supply relationships in the Japanese automobile industry

Empirical longitudinal data on supply relationships between car manufacturers (OEMs) and auto-parts suppliers in the Japanese automobile industry are studied systematically. Such supply relationship formations, which will have emerged over time, are likely to reflect various contingent factors such as industrial conditions (which affect OEMs’ procurement strategies and resulting product demands). There are other important factors such as the level of standardization of the product, and the skills required for manufacturing the product. Furthermore, the effects of such factors may vary from product to product, and year to year. Heterogeneity between the supply networks of various products is elucidated via characterization with several measures, and also via a visualization of the transitions of the network properties. Our systematic analysis of the data provides profound insight into how product markets may have become stabilized or more competitive, and how the market selection process may affect the evolution of the supply network characteristics. The proposed approach and findings of the study can contribute to supply network modeling, and lead to the prediction of future changes in product markets, as well as suppliers’ production strategy planning

Why does corporate governance matter for international business?

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The governance impact of a changing investor landscape

Within the backdrop of comparative corporate governance research, we draw on the managerial reporting and impression management literatures to examine how the type, level, and nature of foreign shareholders, infused with their own governance logic, influence initial managerial earnings optimism and how foreign ownership shapes earnings guidance in a stakeholder-oriented setting. Drawing on Japanese data, and addressing endogeneity concerns, our results show that under the presence of foreign owners, managers are more optimistic in their initial earnings forecasts, but that in subsequent revisions they are more likely to provide timely adjustments of their earnings forecast and avoid making last-minute adjustments. This research illustrates how foreign practices travel across borders and contributes to understanding triggers to governance and strategic changes