Scholarship describes professionals who participate in securitiesofferings, and who represent public companies in . . . [Full Text of this Article]     Theories of IPO pricingRelationship between pre-IPO price adjustment and diligence in legal servicesExtension of Hanley's modelConservative model—only a portion of the impact is identifiedIssuer's counsel v underwriters’ counselConfirming proper model specificationIncreased risk of an investment in the issuer affecting probability of engagement of quality law firmDifferent signs between issuer's lawyer and underwriters’ lawyer   Summary statisticsMeasure of law firm prestige
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71.
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Although the study of local cultures has become established in American sociology, it often ignores the contested nature of how culture emerges and is negotiated within the context of small groups. To this end, we address the concept of infighting, a subtype of conflict, as it operates within a small group framework. Building on an ethnographic study of the Chicago Dyke March, we demonstrate that infighting highlights competing ideologies that may remain implicit in the absence of such conflict. Infighting treats divergent meaning systems as part of local contention between rival cliques and power centers. These ideological battles both reflect pre-existing differences between subgroups and serve to make explicit and public such differences, both in their background characteristics and in their interests. In the process infighting directs attention away from shared concerns and group building to questions of strategy, transforming the small group into an arena of ideological production and factional rivalry. Infighting recasts a group from a space of consensus to a contested political arena. We elaborate four analytic processes through which infighting connects to ideology and small group culture: infighting emphasizes the multivocality of meaning, cultural heterogeneity, an equilibrium of inclusion and group boundaries, and planning in light of ideologies of power.  相似文献   
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The present study addressed the impact of an urban police force laying criminal charges in cases of wife abuse. Follow-up data from battered women and from police officers were collected to identify the long-term consequences of this police policy that began in 1981, including any negative or unintended side effects. Results indicated that the policy resulted in a dramatic increase in police-laid charges (2500%), and a shift from the Family to the Criminal Division of Provincial Court. Based on interview data, victims did not decrease their requests for police service (a feared side effect) and reported a significantly higher level of satisfaction with police service in this area. A significant reduction in police calls and victim-reported violence was associated with police intervention, especially when charges were laid. Paradoxically, police officers' attitudes about the policy were more negative than the actual positive changes that they helped to produce. Considerations for future research and professional training are outlined.  相似文献   
75.
One hallmark of Herb Jacob's analyses of criminal courts—extensive consideration of the interaction among actors–was less pronounced in his work on civil justice, which was more focused on institutions and the politics behind the laws that those institutions administered. In the research I report here, my emphasis is squarely on the actors in the civil justice process: the relationship between contingency-fee lawyers and clients, and how that relationship plays out in the settlement process. In Felony Justice, Herb, and his coauthor James Eisenstein, focus on the courtroom workgroup as a case-processing (and, largely, case-settling) machine; clients are relatively peripheral. In my account, clients, both current and future, are extremely important in how the lawyer works to settle cases. In the criminal court workgroup, lawyers do not worry about where future clients will come from because police secure them. In contrast, the contingency-fee lawyer has constant concerns about future clients, and I argue, this concern provides a control over lawyers that prior analyses of the contingency fee have largely missed. This dynamic also may explain why the courtroom workgroups, or court communities, found in the criminal courts do not appear to exist in the civil justice system.  相似文献   
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This article examines Lyotard's thought by means of a review of his conceptions of Marx and capital. Lyotard is taken to hold ambiguous views on both Marx and capital throughout his career. These ambiguities reflect his development of a post-Marxist standpoint. The ambiguous character of Lyotard's reading of Marx and capital is heightened by the fact that the ways in which they are formulated vary in the course of his career. In criticizing Marx, Lyotard tends to assume an absolutist form of Marxism that abstracts from the variety of ways in which Marx can and has been interpreted. Likewise, Lyotard tends to misrecognize how he retains aspects of Marx's critique of capital, and hence does not explore the critical connections between his own standpoint and that of Marx.  相似文献   
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This article examines the role of federal agency budget officers and their responsibilities from the author's own perspective and experience. The article suggests that it is inadequate to standardize the role of an agency budget oficer other than that used by the agency head to determine if he or she is satisfied with the budget processes in the agency.  相似文献   
79.
We examined whether eyewitness identification latencies for sequential line‐up decisions indicate an optimum time boundary that reliably discriminates accurate from inaccurate decisions. Participants (N = 381) observed a crime simulation and attempted two separate identifications from target‐present or target‐absent sequential line‐ups. As has previously been found with simultaneous line‐ups, the optimum time boundary identified did not reliably discriminate accurate from inaccurate identifications for both line‐up targets. Diagnosticity for choosers was, however, much higher at very high confidence levels than at lower levels. Possible reasons for why one index of signal strength (confidence), but not another (latency), might postdict accuracy within the sequential framework were presented.  相似文献   
80.
The first 150 words of the full text of this article appear below. Key points
  • The article investigates the relationship betweenpricing in an initial public offering (IPO) and the prestigeof the participating underwriters’ law firm.
  • The hypothesisof the article is that law firm quality affects how law firmsperform their obligations in IPOs—more prestigious lawfirms acting more independently. Consistent with this hypothesis,the authors find a negative relationship between pre-IPO priceadjustment and the participation of prestigious underwriters’counsel, and a negative relationship between the participationof prestigious underwriters’ counsel and initial return,which is consistent with market trading reflecting the decreasedrisk associated with offerings involving prestigious underwriters’counsel.
  • Finally, it is found that certain observable characteristicsindicating diminished likelihood of undisclosed negative information(venture backing and quality of the issuer's counsel) are associatedwith an increased likelihood that prestigious underwriters’counsel is used.
 
   1. Introduction    2. Background    3. Modelling law firm impact in IPOs    4. Data