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1、Embeddedness,SocialIdentityandMobility:WhyFirmsLeavetheNASDAQandJointheNewYorkStockExchangeAuthor(s):HayagreevaRao,GeraldF.DavisandAndrewWardSource:AdministrativeScienceQuarterly,Vol.45,No.2(Jun.,2000),pp.268-292Publishedby:SagePublications,Inc.onbehalfoftheJohnsonGraduateSc
2、hoolofManagement,CornellUniversityStableURL:http://www.jstor.org/stable/2667072.Accessed:12/12/201323:39YouruseoftheJSTORarchiveindicatesyouracceptanceoftheTerms&ConditionsofUse,availableat.http://www.jstor.org/page/info/about/policies/terms.jsp.JSTORisanot-for-profitservice
3、thathelpsscholars,researchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnologyandtoolstoincreaseproductivityandfacilitatenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org..SagePublicati
4、ons,Inc.andJohnsonGraduateSchoolofManagement,CornellUniversityarecollaboratingwithJSTORtodigitize,preserveandextendaccesstoAdministrativeScienceQuarterly.http://www.jstor.orgThiscontentdownloadedfrom113.108.133.58onThu,12Dec201323:39:36PMAllusesubjecttoJSTORTermsandCondition
5、sEmbeddedness,SocialOrganizationsderivetheirsocialidentityfrommember-IdentityandMobility:shipinformalgroupsandstrivetomaintainapositivesocialidentity.WhentheirsocialidentityisthreatenedWhyFirmsLeavetheandgroupboundariesarepermeable,organizationsNASDAQandJointhedefecttootherg
6、roups.Thispapersuggeststhatorganiza-NewYorkStocktionsreceiveidentity-discrepantcueswhenin-groupExchangemembersdefecttoanout-group,buthoworganizationsrespondtosuchcueshingesontheirsocialaffiliationstothein-group,out-group,anddefectors.Astudyoforgani-HayagreevaRaozationsthatmi
7、gratedfromtheNASDAQstockmarkettoEmoryUniversitytheNewYorkStockExchangerevealsthatstrongtiestoGeraldF.Davisin-groupmembers(NASDAQmembers)reducedtheUniversityofMichiganimpactofidentity-discrepantcuesanddiminisheddefec-AndrewWardtions.Conversely,strongtiestoout-groupmembers(NYS
8、Emembers)enhancedtheimpactofidentity-dis-EmoryUniversitycrepantcuesandincre
