The Conditional Nature of Embeddedness : A Study of Borrowing by Large U . S . Firms , 1973 – 1994

  title={The Conditional Nature of Embeddedness : A Study of Borrowing by Large U . S . Firms , 1973 – 1994},
  author={Mark S. Mizruchi and Linda Brewster Stearns and Christopher Marquis},
Economic and organizational sociologists have increasingly demonstrated that the actions of individuals and firms are affected by the social networks within which they are embedded. In recent years scholars have begun to recognize that the effects of these social networks may vary across populations or types of relations. In this paper we examine the extent to which the effects of interfirm networks on the behavior of firms are historically contingent. Focusing on the level of debt financing… CONTINUE READING

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