Management and Marketing - Research Publications

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    Earning While Giving: Rhetorical Strategies for Navigating Multiple Institutional Logics in Reproductive Commodification
    Hartman, A ; Coslor, E (Elsevier, 2019-12-01)
    This paper examines the rhetorical strategies for navigating multiple institutional logics in human egg commodification. We focus on the intermediaries (agencies) who match donors and recipients, examining their attempt to recruit potential donors through strategic communications. Using a rhetorical and semiotic approach, we analyzed 412 online advertisements on craigslist.org,recruiting women for commercial egg donation from across 30 US states (82 cities/regions). In this situation of institutional complexity, we find contradictory logics about gift giving and commodified market exchanges. In addition to reframing strategies that downplay opposition, we find interesting mixtures of what should be adversarial logics existing simultaneously. We contribute to an understanding of the use of rhetorical languages tructure and content of communications to navigate oppositional market and altruism logics,in addition to advancing knowledge about strategic communications by third-party intermediaries.
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    Compressed Lives: How “Flexible” are Employer-Imposed Compressed Work Schedules
    Hyatt, E ; Coslor, E (Emerald Group Publishing Ltd., 2018)
    Purpose: The following study examines employee satisfaction with an employer-imposed compressed workweek (“CWW”) schedule within a U.S. municipality (“City”). Design/methodology/approach: The study utilized an employee survey (N = 779) to test factors related to employee satisfaction with the CWW, a four-day, 10-hours/day workweek (“4/10 schedule”). Findings: Employee satisfaction with the schedule is influenced by previous 4/10 pilot experience, work schedule preference, and happiness with the 4/10 schedule’s implementation. Additionally, sick leave figures and survey results regarding informal substitute work schedules suggest worker fatigue may limit the overall organizational value of the 4/10 schedule. Research limitations/implications: The study was opportunistic in nature and therefore constrained by the City’s HR Department concerns for survey length and respondent anonymity. This meant an inability to collect demographic data or to utilize validated scales. Practical implications: Analysis suggests that the potential work-life benefits of flexible work schedules may not apply equally to employer-imposed vs. employee-chosen compressed work schedules. Further, CWWs engender greater fatigue despite employee satisfaction, an issue managers should consider when weighing schedule costs and benefits. Originality/value: The study highlights the importance of employee choice in conceptualizing flexibility and for capturing CWW benefits; namely an initiative’s voluntary or involuntary nature should be considered when determining whether it is likely to be beneficial for employees.
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    Artistic Practices: Social Interactions and Cultural Dynamics
    Coslor, E (SAGE PUBLICATIONS LTD, 2016-03)
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    Organizational and epistemic change: The growth of the art investment field
    Coslor, E ; Spaenjers, C (Pergamon, 2016-11-01)
    What can studying the creation of knowledge tell us about how new technical fields emerge and develop? This paper shows how a knowledge community may be necessary to support the legitimacy of new products that undergo performance evaluation before purchase. Using historical and ethnographic data covering half a century, we review the growth of the art investment field through an epistemic cultures lens. Technical knowledge about the financial characteristics of art has been developed alongside practical knowledge about how best to structure investment ventures. Investment venture success has been determined by legitimacy as much as by profitability, given durable expectations about the evaluation and monitoring of investments. The growth of knowledge, practices and tools was thus a necessary condition for the recognition of artwork as an asset class. Crucially, the epistemic cultures approach highlights deepening knowledge, resources and professional expertise, and their development through experimentation, failures and negative knowledge. This shows accounting issues contributing to technical field legitimacy and emergence, such as the role of knowledge production, valuation practices and receptive environments, and the distinction between legitimate investments that can be valued and investment venture profitability.
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    The Financialisation of the Art Market
    COSLOR, E (E-International Relations, 2016-03-01)
    London and New York are primary centres for both finance and the art market, indicating the continuing power of place. Both cities have become havens for wealth, wealth that has poured into the art market, and sometimes into the newer practices of art investment. Under what can be termed the financialisation of art, we can see the rise of a new industry sector that further knits together the art market and financial services, explaining the growth of art investment and its supporting industries, and highlight the enabling role of geographic location. Original article available at publisher's website: http://www.e-ir.info/2016/03/01/the-financialisation-of-the-art-market/
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    Transparency in an opaque market: Evaluative frictions between “thick” valuation and “thin” price data in the art market
    COSLOR, E (Pergamon, 2016-03)
    This paper highlights the paradoxical effects of increased price data in markets with difficult-to-value products where non-price factors are highly relevant. In the fine art market, the growth of market information providers facilitated access to auction price data, beneficial in a market noted for its clandestine dealings. Drawing from inductive ethnographic research, the paper notes complex outcomes from increased data availability, as auction prices can be seen as an indicator of an artwork’s value. The findings deconstruct factors of supply, demand and multiple prices in the art market, highlighting important non-price factors in valuation, which complicate provider claims of art market transparency. Unpacking the process through which expert “thick” valuation transforms raw price data into comparables and then valuations helps to explain continuing differences in valuation, with buyers prone to understand past prices as market or reference prices, rather than raw materials for valuation that are adjusted for complexity. This contributes to an understanding of both advantages and predictable problems from increased price data in markets that contain substantial qualitative and non-numerical data, as evaluative frictions can occur even in the absence of clearly defined alternative valuation methods. This develops productive linkages between critical transparency and the valuation and evaluation research.
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    BOOK REVIEW: Beyond price: Value in culture, economics, and the arts
    Coslor, E (Taylor and Francis, 2014)
    How is it that we can understand value in markets and society? As opposed to letting economists answer this question, there is now a growing interest in the social sciences on questions of value and valuation outside of economics, breaking down what David Stark has called ‘Parsons’ Pact,’ that economists study value, and sociologists—as an example here—study values. Michael Hutter and David Throsby’s Beyond Price: Value in Culture, Economics and the Arts provides an excellent challenge to this narrowing divide, contributing to an area of work that we might call valuation studies or the sociology of valuation.