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This research analyzed how nuclear power plants implemented safety review innovations introduced hy the Nuclear Regulatory Commission after the Three Mile Island accident. The findings suggested that nuclear power plants with relatively poor safety records tended to respond in a rule-hound manner that perpetuated their poor safety performance and that(More)
1 Nature has equipped organisms with the ability to regenerate or repair themselves when damaged. If I cut myself, healing takes over without need of conscious direction. If I am hurt badly enough, the body's needs will make themselves known and tend to preempt voluntary activities. In this way, a balance between short-term interests (e.g., continuing to(More)
Corporate crises—such as accidents, scandals, and product safety in-cidents—exacerbate stakeholder demands in such a way that conflict can arise between the interests of shareholders and crisis victims. We show that such conflict arises in the case of accidents, in which (1) the needs of victims are immediate and concrete and the potential corporate(More)
 Given that firms have both business and social goals, an important unanswered question is whether a general dynamic capability breeds competencies in both these areas. In studies of the US retail food industry, we find that while a general dynamic capability affects firms' competence in supply chain management (a business competency), it does not(More)
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This introduction presents a framework managers can use to deal with regulatory uncertainty and also introduces and summarizes how the papers in this special issue address what managers can expect, do, and gain from regulatory uncertainty. D espite the growth of voluntary corporate social responsibility programs, the market for virtue is still limited. 1 In(More)