Errors in the Concept of Countervailing Power

1953 ◽  
Vol 26 (4) ◽  
pp. 238 ◽  
Author(s):  
Simon N. Whitney
Keyword(s):  
Countervailing Power

scholarly journals Pricing and Coordination in a Dual-Channel Supply Chain With Product Variety Under the Countervailing Power of the Retailer

IEEE Access ◽  
2021 ◽  
Vol 9 ◽  
pp. 18817-18830
Author(s):  
Wenbin Wang ◽  
Mengxue Chen ◽  
Wanying Lin ◽  
Wenliang Bian
Keyword(s):  
Supply Chain ◽  
Product Variety ◽  
Dual Channel ◽  
Countervailing Power ◽  
Dual Channel Supply Chain

Politikberatung der Öffentlichkeit?

2001 ◽  
Vol 2 (1) ◽  
pp. 61-73 ◽  
Author(s):  
Hans Pitlik
Keyword(s):  
Public Opinion ◽  
Collective Action ◽  
General Public ◽  
Policy Advice ◽  
Collective Action Problem ◽  
Academic System ◽  
Countervailing Power

Abstract Due to the incentives of both suppliers and users of policy advice the influence of economists on government decisions is almost negligible. This paper aims to explore the prospects of policy advice addressed to the general public as a countervailing power. It is argued that in order to have some impact on public opinion economists must rely primarily on propaganda and have to overcome a serious collective action problem. Yet, the organization of the academic system provides no incentives for economists to fulfil the role of general-public-oriented advisers.

scholarly journals Countervailing Power and Price Transparency

2006 ◽  
Vol 108 (3) ◽  
pp. 499-512 ◽  
Author(s):  
Morten Hviid ◽  
H. Peter Møllgaard
Keyword(s):  
Price Transparency ◽  
Countervailing Power

scholarly journals Shipboard Union Representation in the British Merchant Navy

1970 ◽  
Vol 15 (1) ◽  
pp. 1-18 ◽  
Author(s):  
James Macfarlane
Keyword(s):  
Large Scale ◽  
Great Majority ◽  
Shop Floor ◽  
Full Time ◽  
Industrial Workers ◽  
British Industry ◽  
Managerial Authority ◽  
Union Representation ◽  
Countervailing Power ◽  
Penal Sanctions

Shop stewards, or other forms of workshop representation, are a common feature of British industry. It is not known for certain how many such shop floor representatives are active; estimates vary between 90,000 and 200.000, “the truth is probably somewhere between these two figures”. What is certain, however, is that the great majority of industrial workers, particularly in large-scale industry, have recourse to lay trade union representation for the settlement of shop floor grievances. Often such representatives are “the union” for the ordinary workman who does not come into contact with full-time union officers. “For the great majority of British trade unionists the workplace representative is their only direct personal link with their union.” He also provides a front-line defence against the arbitrary use of authority by management. If no shop steward existed, managerial authority, unchecked by the countervailing power of shop floor representatives, would be open to abuse. If such managerial authority was also supported by a system of legal powers which further strengthened its position, it would make possible “the use of penal sanctions to compel acceptance of working conditions which free agents would not endure”. Such was the case in the British Merchant Navy until less than five years ago.

Oligoemporistic Competition and the Countervailing Power Hypothesis

1987 ◽  
Vol 20 (3) ◽  
pp. 519 ◽  
Author(s):  
E.C.H. Veendorp
Keyword(s):  
Countervailing Power

scholarly journals Vertical Bargaining and Countervailing Power

2010 ◽  
Author(s):  
Alberto Iozzi ◽  
Tommaso M. Valletti
Keyword(s):  
Countervailing Power

The New Regulator in Town: The Effect of Walmart's Sustainability Mandate on Supplier Shareholder Value

2018 ◽  
Vol 82 (2) ◽  
pp. 124-141 ◽  
Author(s):  
Katrijn Gielens ◽  
Inge Geyskens ◽  
Barbara Deleersnyder ◽  
Max Nohe
Keyword(s):  
Brand Equity ◽  
Shareholder Value ◽  
Abnormal Returns ◽  
Short Term ◽  
Power Sources ◽  
Expert Power ◽  
Operational Characteristics ◽  
Countervailing Power ◽  
Cost Efficient ◽  
The Impact

Suppliers are increasingly being forced by dominant retailers to clean up their supply chains. These retailers argue that their sustainability mandates may translate into profits for suppliers, but many suppliers are cynical about these mandates because the onus to undertake the required investments is on them while potential gains may be usurped by the mandating retailer. We examine whether supplier fears are justified by studying the impact of Walmart's sustainability mandate on its suppliers’ (short-term) shareholder value. Although about two-thirds of suppliers are indeed financially harmed, approximately one-third benefit. To delve deeper into this variation, we relate suppliers’ short-term abnormal returns to Walmart's appropriation power and explore whether and to what extent a supplier's referent and expert power sources, derived from its marketing and operational characteristics, respectively, can counteract Walmart's appropriation attempts. We find that the supplier's marketing characteristics (its environmental reputation, brand equity, and advertising) provide it with the countervailing power needed to resist Walmart's appropriation attempts. In contrast, cost-efficient suppliers and suppliers that invest heavily in R&D have more difficulty withstanding Walmart's squeeze attempts.

scholarly journals An Empirical Analysis of Countervailing Power in Business-to-Business Bargaining

2017 ◽  
Vol 52 (3) ◽  
pp. 369-402 ◽  
Author(s):  
Walter Beckert
Keyword(s):  
Empirical Analysis ◽  
Countervailing Power ◽  
Business To Business
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