Brokering Trust: The Construction of Transnational Family Business Networks, 1980-2010

2015 ◽  
Vol 56 (1) ◽  
Author(s):  
Nuria Puig
Keyword(s):  
Family Business ◽  
Communication Theory ◽  
The United States ◽  
Business Networks ◽  
Information Costs ◽  
The Great Recession ◽  
Organizational Outcome ◽  
Institutional Settings ◽  
Institutional Infrastructure ◽  
Transnational Family

AbstractFamily capitalism became considerably empowered over the three decades prior to the great recession in 2008. This article argues that the construction of transnational family business networks through the coordinated action of individuals and institutions was crucial to the overall legitimization of family capitalism. The rise of a family business institutional infrastructure in the United States and its creative translation into the European context are first described and then analysed in the light of organizational communication theory. Building on the communication as constitutive of organizations view (CCO) and on Casson’s studies on the economics of trust, the article shows that interpersonal and inter-organizational trust and communication played a key role in the institutionalization of family business on both sides of the Atlantic. Consultants and the other drivers of this fascinating process acted primarily as trust brokers, helping to reduce transaction and information costs and bridge the gap between business owners, external professionals, and society. Finally, the story of the family business movement confirms that elites can easily manage cultural differences to engage in transnational networking. However, structural differences between US and European networks suggest that national institutional settings strongly influence communication among interest groups and its organizational outcome.

Precarious Work and Young Workers in the United States

2018 ◽  
Author(s):  
Arne L. Kalleberg
Keyword(s):  
Labor Market ◽  
The United States ◽  
Young Workers ◽  
Severe Problem ◽  
Precarious Work ◽  
The Great Recession ◽  
The Us ◽  
Training Opportunities ◽  
And Training

This chapter discusses how the growth of precarious work and the polarization of the US labor market have produced major problems for the employment experiences of young workers. A prominent indicator of young workers’ difficulties in the labor market has been the sharp increase in their unemployment rates since the Great Recession. Another, equally if not more severe, problem faced by young workers today is the relatively low quality of the jobs that they were able to get. Other problems include the exclusion of young workers from the labor market and from education and training opportunities; the inability to find jobs that utilize their education, training, and skills; and the inability to obtain jobs that provide them with an opportunity to get a foothold in a career that would lead to progressively better jobs and thus be able to construct career narratives.

Disruptive Soft Law and Post-Crisis US Reform

2018 ◽  
Author(s):  
Abraham L. Newman ◽  
Elliot Posner
Keyword(s):  
Financial Markets ◽  
Great Recession ◽  
Regulatory Reform ◽  
The United States ◽  
Soft Law ◽  
Long Term Effects ◽  
The Great Recession ◽  
The Us ◽  
International Interaction

Chapter 6 examines the long-term effects of international soft law on policy in the United States since 2008. The extent and type of post-crisis US cooperation with foreign jurisdictions have varied considerably with far-reaching ramifications for international financial markets. Focusing on the international interaction of reforms in banking and derivatives, the chapter uses the book’s approach to understand US regulation in the wake of the Great Recession. The authors attribute seemingly random variation in the US relationship to foreign regulation and markets to differences in pre-crisis international soft law. Here, the existence (or absence) of robust soft law and standard-creating institutions determines the resources available to policy entrepreneurs as well as their orientation and attitudes toward international cooperation. Soft law plays a central role in the evolution of US regulatory reform and its interface with the rest of the world.

Succession and Governance Across Generations: A Comparative Study of the United States and Italy

1999 ◽  
Vol 2 (2) ◽  
pp. 47-56
Author(s):  
Alberto Zanzi ◽  
Colette Dumas
Keyword(s):  
United States ◽  
Comparative Study ◽  
Family Business ◽  
Business Management ◽  
The United States ◽  
Italian Family ◽  
Management Succession ◽  
Key Aspects ◽  
The Impact

This comparative study of American and Italian family-owned firms focuses on two key aspects of family business management: succession and governance. This study also explored the impact of generation on these variables.

scholarly journals Measuring the availability of “good jobs” in the United States for working-class men during the Great Recession and recovery

2020 ◽  
Author(s):  
Janette Dill ◽  
Robert Francis
Keyword(s):  
Working Class ◽  
Great Recession ◽  
Food Service ◽  
The United States ◽  
Job Quality ◽  
Full Time ◽  
The Great Recession ◽  
Predicted Probability ◽  
Time Work ◽  
The Impact

In this study, we use the 2004, 2008, and 2014 panels of the Survey for Income and Program Participation (SIPP) to measure the impact of the Great Recession and recovery on the availability of “good jobs” for men without a college degree. We define “good jobs” using a cluster of job quality measures, including wage thresholds of at least $15, $20, or $25 per hour, employer-based health insurance, full-time work hours, and protection from layoff. We find that the Great Recession and aftermath (2008-2015) resulted in a 1-10% reduced probability of being in a “good job” across most industries, with especially large losses in manufacturing, retail, transportation, and food service (compared to 2004-2007). In the 2014 panel, there is only a slight post-recession recovery in the predicted probability of being in a “good job,” and the probability of being in a “good job” remains well below 2004 levels. Although the probability of being on layoff from a “good jobs” does decrease substantially in the 2014 cohort as compared to the rate of layoff during the Great Recession, our clustered measure of job quality shows that access to “good jobs” remains limited for most working-class men and that the recovery from the Recession has largely not reached the working-class.

scholarly journals What Employers Want from Interns: Demand-Side Trends in the Internship Market

2020 ◽  
Author(s):  
Carrie Shandra
Keyword(s):  
Labor Market ◽  
Great Recession ◽  
Career Transition ◽  
The United States ◽  
Demand Side ◽  
Entry Level ◽  
The Great Recession ◽  
Education Experience ◽  
College Career ◽  
Skill Requirements

Internships have become a ubiquitous component of the college-career transition, yet empirical evidence of the internship market is limited. This study uses data from 1.3 million internship postings collected between 2007-2016 in the United States to (1) identify trends in internship education, experience, and skill requirements over the Great Recession and recovery periods; (2) evaluate how these trends correspond to those observed in the traditional labor market; and (3) assess robustness across labor market sectors. Results indicate that internship education and skill requirements increased substantially throughout the recession and recovery periods, indicative of a longer-term structural shift in employer expectations about internship hiring. Additionally, growth in internship education and skill requirements largely outpaced growth in non-internship education and skill requirements over the same period, suggesting potential substitution of non-interns with interns. Post-recession employers still consider internships to be entry-level positions—yet now expect interns to have skills in hand.

scholarly journals The Differential Incidence and Severity of Food Insecurity by Racial, Ethnic, and Immigrant Groups over the Great Recession in the United States

2018 ◽  
Vol 108 ◽  
pp. 379-383 ◽  
Author(s):  
Alfonso Flores-Lagunes ◽  
Hugo B. Jales ◽  
Judith Liu ◽  
Norbert L. Wilson
Keyword(s):  
Food Insecurity ◽  
Great Recession ◽  
Decomposition Analysis ◽  
The United States ◽  
Structural Factors ◽  
Immigrant Status ◽  
The Great Recession ◽  
Extensive And Intensive Margins ◽  
Race Ethnicity ◽  
Racial Ethnic

We document the differences in food insecurity incidence and severity by race/ethnicity and immigrant status over the Great Recession. We show that the disadvantaged groups with a higher incidence of food insecurity do not necessarily have a higher severity of food insecurity, which underscores the importance of examining both the extensive and intensive margins of food insecurity. Our decomposition analysis indicates that the contribution of compositional and structural factors to the observed differences in exposure to food insecurity is heterogeneous across these groups and over the Great Recession. Finally, SNAP does not seem to fundamentally change the patterns documented.

scholarly journals Ideological foundations of modern political and legal institutional architectonics in Western Europe and the USA

2020 ◽  
pp. 107-118
Author(s):  
N.N. Ravochkin ◽  
◽  
Keyword(s):  
United States ◽  
Western Europe ◽  
The United States ◽  
Close Attention ◽  
Institutional Settings ◽  
The Usa ◽  
Management Institutions

The author examines the ideological foundations of political and legal institutional architectonics in Western Europe and the United States and presents its structure. Close attention is paid to the role of social ideas and the development of these issues in modern scientific directions. The author clarifies the principles of synthesis of ideal and institutional and shows three ways of ideological determination of political and legal institutional settings. The mutually conditioned nature of functioning of the system of ideological frameworks and management institutions is substantiated.

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