Talent Flight as a Run on the Firm: A Study of Post-Merger Integration at the Dewey-LeBeouf Law Firm

Although collective turnover is widespread, its consequences have seldom been studied. We focus on an extreme case - collective turnover after a merger between privately held firms, and argue that a cascade of exits triggers a loss of confidence in the firm, leading to subsequent exits. We show that it is not the loss of proficient talent that is a key signal of the loss of confidence, instead, it is the polarization of exits between the employees of the acquiring and acquired firm that signals uncertainty and jumpstarts other exits. We suggest that the momentum of ‘news’ after a merger affects confidence in the firm, and distinguish between the momentum of ‘bad news’ and the momentum of ‘good news. We fin d that the momentum of bad news intensifies the effect of polarization in prior exits

Institutional change in toque ville : Nouvelle cuisine as an identity movement in French gastronomy

International audienceA challenge facing cultural‐frame institutionalism is to explain how existing institutional logics and role identities are replaced by new logics and role identities. This article depicts identity movements that strive to expand individual autonomy as motors of institutional change. It proposes that the sociopolitical legitimacy of activists, extent of theorization of new roles, prior defections by peers to the new logic, and gains to prior defectors act as identity‐discrepant cues that induce actors to abandon traditional logics and role identities for new logics and role identities. A study of how the nouvelle cuisine movement in France led elite chefs to abandon classical cuisine during the period starting from 1970 and ending in 1997 provides wide‐ranging support for these arguments. Implications for research on institutional change, social movements, and social identity are outlined.<br/

Institutional Change in Toque Ville: Nouvelle Cuisine as an Identity Movement in French Gastronomy

International audienceA challenge facing cultural-frame institutionalism is to explain how existing institutional logics and role identities are replaced by new logics and role identities. This article depicts identity movements that strive to expand individual autonomy as motors of institutional change. It proposes that the sociopolitical legitimacy of activists, extent of theorization of new roles, prior defections by peers to the new logic, and gains to prior defectors act as identity-discrepant cues that induce actors to abandon traditional logics and role identities for new logics and role identities. A study of how the nouvelle cuisine movement in France led elite chefs to abandon classical cuisine during the period starting from 1970 and ending in 1997 provides wide-ranging support for these arguments. Implications for research on institutional change, social movements, and social identity are outline

Institutional change in toque ville : Nouvelle cuisine as an identity movement in French gastronomy

International audienceA challenge facing cultural‐frame institutionalism is to explain how existing institutional logics and role identities are replaced by new logics and role identities. This article depicts identity movements that strive to expand individual autonomy as motors of institutional change. It proposes that the sociopolitical legitimacy of activists, extent of theorization of new roles, prior defections by peers to the new logic, and gains to prior defectors act as identity‐discrepant cues that induce actors to abandon traditional logics and role identities for new logics and role identities. A study of how the nouvelle cuisine movement in France led elite chefs to abandon classical cuisine during the period starting from 1970 and ending in 1997 provides wide‐ranging support for these arguments. Implications for research on institutional change, social movements, and social identity are outlined.<br/