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In an agency relationship, one party acts on behalf of another. It is curious that a concept that could not be more profoundly sociological does not have a niche in the sociological literature. This essay begins with the economics paradigm of agency theory, which casts a very long shadow over the social sciences, and then traces how these ideas diffuse to and are transformed (if at all) in the scholarship produced in business schools, political science, law, and sociology. I cut a swathe through the social fabric where agency relationships are especially prevalent and examine some of the institutions, roles, forms of social organization, deviance, and strategies of social control that deliver agency and respond to its vulnerabilities, and I consider their impact. Finally, I suggest how sociology might make better use of and contribute to agency theory.

American libel law presents profound dilemmas about how to provide compensation to individuals for injury to their reputation without destroying First Amendment values of free expression and unfettered public debate. This paper looks at the substantial legal costs incurred by publishers and broadcasters in defending themselves against charges of libel, the response of the courts to limit press self‐censorship occasioned by the risks of libel litigation, and the perverse effect they both have on the social construction of the news. These tensions are captured in the role of the media lawyer who reviews news stories prior to publication or broadcast and advises editors about libel risks. Data are presented from interviews of 53 in‐house and outside counsel who regularly review stories for newspapers, television stations and networks, magazines, and other news organizations. A paradox emerges: media lawyers, in pursuit of constitutional protections of free speech, have come to enforce responsible journalism, while subtly chilling and shaping the ways the news is told.

This pathbreaking book not only reveals how "wayward capitalists"—representatives of publicly held corporations, stock buyers and sellers, stockbrokers, investment advisers, accountants, and attorneys—defraud investors but also explains how Securities and Exchange Commission enforcers catch, investigate, and prosecute these offenders. "The book is a valuable source for grasping the intricacies of corporate deviance. an attractive feature is the author's discussion of research design and execution. . . . An excellent reference section is provided for the inquiring reader. I recommend the book for both the practitioner and academician. The author blends the fields of business and criminology, which should be of interest to anyone studying private justice and white collar crime."—Robert J. Meadows, Security Administration "An important book."—USA Today "The book contains many interesting anecdotes in addition to the research findings and is bound to be controversial."—Stephen L. Fogg, Journal of Accountancy

Much has been written about how the authoritarianism of the Communist era gave way to more open societies in the former Soviet bloc countries, yet little has been said about how individuals in these countries have been affected and how they contributed to the changes in their societies. How does the relationship between husband and wife change when planned economy gives way to financial incertitude? When all are free to speak their minds publicly, are children more likely to do so at home or at school? How do the elderly adjust to new laws and fewer pensions? This book describes, in their own.

Much has been written about how the authoritarianism of the Communist era gave way to more open societies in the former Soviet bloc countries, yet little has been said about how individuals in these countries have been affected and how they contributed to the changes in their societies. How does the relationship between husband and wife change when planned economy gives way to financial incertitude? When all are free to speak their minds publicly, are children more likely to do so at home or at school? How do the elderly adjust to new laws and fewer pensions? This book describes, in their own