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Book ReviewsDiversity in the Power Elite: Have Women and Minorities Reached the Top?By Richard L. Zweigenhaft and G. William Domhoff. New Haven, Conn.: Yale University Press, 1998. Pp. viii + 215. $25.00
In: The American journal of sociology, Volume 104, Issue 5, p. 1576-1577
ISSN: 1537-5390
The Structural Basis of Social Inequality
In: The American journal of sociology, Volume 101, Issue 5, p. 1333-1365
ISSN: 1537-5390
Mathematical Models in Sociology
In: Annual review of sociology, Volume 4, Issue 1, p. 345-371
ISSN: 1545-2115
OWNERSHIP ORGANIZATION AND FIRM PERFORMANCE
In: Annual review of sociology, Volume 25, Issue 1, p. 121-144
ISSN: 1545-2115
▪ Abstract This essay reviews research on the type and degree of fragmentation of firm ownership with an emphasis on the consequences of ownership organization for firm performance. We use a property rights approach to synthesize sociological, organizational, legal, and economic research that has examined the effect of ownership organization on firm performance. Agency theorists generally assume that shareholders are homogenous and that their influence on firm performance is directly proportional to the percentage of equity they hold. However, empirical research following this approach has failed to produce definitive evidence. Class analysis perspectives interpret these inconclusive results as demonstrating that, regardless of ownership organization, firms are run to serve the capitalist class. An alternative interpretation is that shareholders are not homogeneous but that certain types of shareholders use their formal authority, social influence, and expertise to "capture" property rights and strongly influence firm performance. The influence of different types of owners may depend on industry characteristics, and we review literature pointing to a contingency theory of ownership organization.
Student Characteristics and Assignment to Ability Groups: Two Conceptual Formulations
In: The sociological quarterly: TSQ, Volume 27, Issue 1, p. 1-13
ISSN: 1533-8525
Inequality: structures, dynamics and mechanisms : essays in honor of Aage B. Sørensen
In: Research in social stratification and mobility 21.2004
Elite and Status Attainment Models of Inequality of Opportunity
In: Canadian Journal of Sociology / Cahiers canadiens de sociologie, Volume 1, Issue 1, p. 75