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Social Prestige. In subject area: Social Sciences. Social prestige refers to the degree of social recognition and deference given to a firm based on its status within a group. It is an asset that reflects expectations about the firm's qualities, performance, and affiliations with other higher or lower-status firms.
- Wealth
Measuring and Modeling Variation in the Risk-Return...
- View Chapter
On the whole, these cross-country regressions lead to the...
- Agribusiness
Geothermal Direct Use. John W. Lund, in Encyclopedia of...
- Educational Sciences
The reasons for this status hierarchy are quite complex, but...
- Wealth
Dec 21, 2017 · This article explores the mechanisms by which corporate prestige produces distorted legal outcomes. Drawing on social psychological theories of status, we suggest that prestige influences audience evaluations by shaping expectations, and that its effect will differ depending on whether a firm’s blameworthiness has been firmly established.
- Mary-Hunter McDonnell, Brayden G King
- 2018
Jan 2, 2018 · Drawing on social psychological theories of status, we suggest that prestige influences audience evaluations by shaping expectations, and that its effect will differ depending on whether a firm ...
Aug 8, 2013 · Construction, concentration, and (dis)continuities in social valuations. Annual Review of Sociology, 38: 223-245. Status is a pervasive construct in the organizational literature, and a recent surge in interest in the topic testifies to its potential as a field of study. In this article, we review the existing...
- Alessandro Piazza, Fabrizio Castellucci
- 2014
Jul 14, 2021 · Research suggests that when those from different social class backgrounds join the ranks of the corporate elite, they can affect their companies by displaying different leadership behaviors and changing organizational outcomes, such as in preferences for risk-taking and acquisitional behavior (Chen et al., 2009; Kish-Gephart & Campbell, 2015; Martin et al., 2016; Palmer & Barber, 2001).
- Michelle K. Lee, Jennifer J. Kish-Gephart, Mark S. Mizruchi, Donald A. Palmer, Michael Useem
- 2021
Expert consensus is clear: Power is asymmetrical control over resources, and status is social prestige (2, 3). Inequality is not just about power (resources) but also about status (respect) (4). Their empirical independence appears in several findings: Power per se makes people less just, but status (especially without power) makes people more ...
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Sep 7, 2024 · Prestige encompasses the social standing, importance, esteem, honor, respect, and influence accorded to individuals. It denotes the admiration, regard, and value attributed to them within their social circles, conferring a sense of significance and authority. Prestige is closely intertwined with social hierarchies, granting individuals the power to shape others' perceptions and behaviors.
