RAO, Hayagreeva <br/><br/>
Embeddedness, social identity and mobility :  why firms leave the NASDAQ and Join the New York Stock exchange 

 - Ithaca :  Johnson Graduate School of Management,  June 2000 
<br/><br/> Organizations derive their social identity from membership in formal groups and strive to maintain a positive social identity. When their social identity is threatened and group boundaries are permeable, organizations defect to other groups. This paper, suggests that organizations receibe identity-discrepant cues when in-group members defect to an out-group, but how organiations respond to such cues hinges on their social affiliations to the in-group, out-group, and defectors. a study of organizations that migrated from the (NASDAQ members) reduced the impact of identity-discrepant cues and diminished detections. Conversely, strong ties to out-group members (NYSE members) enhanced the impact of identity-discrepatn cues and increased defection. Proximity to defectors incresed cross-over - organizations followed detectors to whom they had direct ties. Implications for the study of embeddedness are outlined