CORPORATE GOVERNANCE AND INVESTORS' PERCEPTIONS OF FOREIGN IPO VALUE: AN INSTITUTIONAL PERSPECTIVE

We build on sociology-grounded research on financial market behavior and suggest a “nested” legitimacy framework to explore U.S. investor perceptions of foreign IPO value. We draw on a fuzzy-set theoretic approach to demonstrate how different combinations of monitoring and incentive-based corporate governance mechanisms lead to the same level of investor valuations of firms. We also argue that institutional factors related to the minority shareholder protection strength in the foreign IPO’s home country represent a boundary condition that affects the number of governance mechanisms required to achieve U.S. investors’ high value perceptions. Our findings, drawn from a unique, hand-collected dataset of foreign IPOs in the U.S, contribute to the sociological perspective on comparative corporate governance and the inter-dependencies between organizations and institutions

Everyday Family Food Practices

This chapter considers the debates around childhood obesity and focuses on UK public health campaigns, such as Change4Life, aimed at children and their parents. It aims to broaden the childhood obesity debate commonly discussed in the UK public health literature by using Childhood Studies to critique everyday assumptions that seem to be made about children in public health policy. The chapter consider views and perspectives of children, thereby challenging assumptions that children are ‘passive vessels’ to be filled, suggesting instead that children play an active part in everyday family feeding practices. The family as a context for the negotiation of everyday food practices is explored and the dichotomous relationship of parent and child considered. Reflections are also offered on the fluidity and complexity of family structures and the importance that food plays within the context of everyday family life and how food provisioning impacts on intergenerational relationships within the family. The chapter finishes by exploring perceptions of ‘proper’ or ‘real’ food and its perceived importance for children. While the health literature assumes that children are simply recipients of parental feeding, this chapter highlights research that shows that children also construct their own understandings about the healthiness of food and that they are active participants in negotiating family food practices. Through exploring studies situated within contemporary childhood and families research, the chapter affords a much more nuanced picture of everyday family food practices and children’s roles in those practices than is often presented in childhood obesity discourses