Sub-theme 49: Organizing in the Shadow of Financial Markets

Fabrizio Ferraro, IESE Business School, Spain
Michael Lounsbury, University of Alberta School of Business, Canada
Matteo Prato, Università della Svizzera Italiana, Switzerland
Session I: Thursday, July 07, 11:00 to 12:30, T7
Organizational Perspectives on Finance
Chair: Michael Lounsbury
Anne Bowers
Gambler's fallacy or strategic balancing? Rating allocations and third party evaluators
Discussant(s)Discussant(s): Andreea Gorbatai
Rebecca Bednarek, Paula Jarzabkowski and Andreas Paul Spee
Epistemic cultures and trading in diverse risks: A commensuration process
Discussant(s)Discussant(s): Dror Etzion
Stoyan V. Sgourev
Strange bedfellows: Art and finance or the Monet-ization of art
Discussant(s)Discussant(s): Olivia Nicol
Session II: Thursday, July 07, 14:00 to 15:30, T7
Institutional and Technological Change in the Financial Sector
Chair: Fabrizio Ferraro
Jason Rico Saavedra, Michael Jacobides and Marcela Umana
The Dynamics of Change and Stability in Private Equity’s Industry Architecture
Discussant(s)Discussant(s): Johan Chu
Andreea D. Gorbatai
Exogenous Shocks, Emotions, and the Bitcoin Market Emergence
Discussant(s)Discussant(s): Stoyan Sgourev
Emilio Marti, Jean-Pascal Gond and André Spicer
Technocratic Regulation and the Public Discourse: A Discursive Model of Means-ends Decoupling
Discussant(s)Discussant(s): Daniel Beunza
Session III: Thursday, July 07, 16:00 to 17:30
- Parallel Stream -
Parallel Stream A: Practice and Cognition in Financial Markets - Room: T7
Chair: Matteo Prato
Romain Boulongne and Rodolphe Durand
Strategizing your audiences: Ambiguous product categories and cognitive process of evaluation
Discussant(s)Discussant(s): Anne Bowers
Kenneth Fox and David J. Cooper
Performing pro forma earnings: distributed cognition in financial markets
Discussant(s)Discussant(s): Amira Annabi
Galina Kallio and Nina Granqvist
The practice of exchange. Bringing exchange back from the shadow of the markets.
Discussant(s)Discussant(s): Danielle Logue
Parallel Stream B: Financial Innovation - Room: T8
Chair: Fabrizio Ferraro
Rasmus Nykvist, Zeerim Cheung, Mirko Ernkvist and Robin Gustafsson
Sensitizing to Pioneering Organizational Configuring: The Origin of Two For-Profit Stock Exchanges
Discussant(s)Discussant(s): Stefanie Hiss
Mila Ivanova
The role of civil society organisations in financial markets: Strategies and outcomes
Discussant(s)Discussant(s): Aris Komporozos-Athanasiou
Paolo Dini, Laura Sartori and Paolo DIni
Sardex, a complementary currency that shapes a new financial space
Discussant(s)Discussant(s): Shipeng Yan
Session IV: Friday, July 08, 09:00 to 10:30
- Parallel Stream -
Parallel Stream A: Institutional Logics - Room: T7
Chair: Michael Lounsbury
Xin Fu, Shipeng Yan and Gage Tang
Micro-institutional change and organization design: A process model of logic elaboration
Discussant(s)Discussant(s): Zeerim Cheung
Stefanie Hiß, Daniela Woschnack, Sebastian Nagel and Bernd Teufel
How financial market driven sustainability accounting and reporting initiatives interpret social sustainability
Discussant(s)Discussant(s): Laura Sartori
Danielle Logue
Institutional infrastructure in nascent fields: The emergence of social stock exchanges
Discussant(s)Discussant(s): Mila Ivanova
Parallel Stream B: Financial Crisis - Room: T8
Chair: Matteo Prato
Aneesh Datar and Fabrizio Castellucci
CEO status and stock option exercise
Discussant(s)Discussant(s): Romain Boulongne
Aris Komporozos-Athanasiou and Marianna Fotaki
The imaginary constitution of financial crises
Discussant(s)Discussant(s): Galina Kallio
Pauli Pakarinen and Juha Laurila
The ‘casino game’: the strategic adoption of innovative financial practices in finland
Discussant(s)Discussant(s): Afshin Mehrpouya
Session V: Friday, July 08, 14:00 to 15:30, T7
Chair: Fabrizio Ferraro
Bernard Forgues, Dror Etzion and Emmanuel Kypraios
From catastrophes to coupons: The propagation of ignorance in financial securitization
Discussant(s)Discussant(s): Paula Jarzabkowski
Afshin Mehrpouya and Rita Samiolo
Financialization in transnational governance: The access to medicine index and the analysts of regulatory capitalism
Discussant(s)Discussant(s): Emilio Martí
Jacob Vermeire, Jan Lepoutre and Miguel Meuleman
Financialization in the rough: The role of social identity and the meaning of money in explaining the use of microfinance loans among rural South African firm founders
Discussant(s)Discussant(s): Fabrizio Castellucci
Session VI: Saturday, July 09, 09:00 to 10:30, T7
Banking Crisis: Regulation and Cultural Change
Chair: Michael Lounsbury
Nina Seega
Increasing organisational resilience: A case study of regulatory stress testing
Discussant(s)Discussant(s): Basak Yakis-Douglas
Daniel Beunza
Organizational culture and financial reform in the global investment banking industry
Discussant(s)Discussant(s): Jan Lepoutre
Olivia Nicol
Open secrets: Corporate PR as a political move
Discussant(s)Discussant(s): Nina Andreeva
Session VII: Saturday, July 09, 11:00 to 12:30, T7
Competitive Dynamics and Conclusions
Chair: Fabrizio Ferraro
Johan Chu
Durable dominance: Dominant mutual funds benefit from increased competitive entry
Discussant(s)Discussant(s): Michael Jacobides
Basak Yakis-Douglas and Tim R. Hannigan
When life gives you lemons, spread rumors: Combating the ‘uniqueness paradox’ in strategy through M&A rumors to reduce evaluative uncertainty
Discussant(s)Discussant(s): Kenneth Fox