Competitive and cooperative behavior in embedded markets: developing an institutional perspective on bazaars

In an ethnographic study of a retail setting, we examine relationships among competitors. We find that competitors often emphasize various forms of cooperation, and we describe socio-economic behaviors that illustrate how cooperation transcends or mediates competition among retailers. Retailers selectively cooperate and compete for customers in ways that alter our understandings of concepts such as loyalty and market stability, and practices such as marketing communications and pricing. We highlight the significance of these institutional practices and the role they play in forming and maintaining community in a bazaar.

Persistence of a threatened species in a modified alpine resort environment: the broad-toothed rat

Habitat change due to resort development threatens rare and endemic fauna of alpine and subalpine regions. There is an urgent need to understand species persistence in such areas. The broad-toothed rat (Mastacomys fuscus) is a rare, specialist species found in alpine and subalpine regions of Australia. We conducted fecal pellet surveys in an alpine resort to determine the species' distribution and habitat requirements. Eight individuals were radiotracked to investigate movement patterns and habitat use. Fecal pellets were found in areas of dense vegetation cover up to 1 m above ground. Home ranges were small (1,488-6,106 m²) and encompassed managed indigenous vegetation on or beside ski runs. Five individuals regularly crossed a narrow (3-5 m) cleared track. Two adult males dispersed (including traversing a wide grassy ski run) up to 1 km. The ability to cross modified areas and move throughout the landscape is proposed as a key factor facilitating the persistence of M. fuscus in the resort. Enhancing the capacity of species to move between habitat patches should be incorporated into alpine resort management plans. Such management will become increasingly important as anthropogenic disturbance increases in alpine regions.

Institutional processes and the production of gender inequalities: the case of Australian child support research and administration

This article analyses the administrative and research capture of child support data as a case study of how institutional data collection processes are performative in perpetuating gendered inequalities. We compare interviews with 19 low-income single mothers and their longitudinal survey responses from the same research to reveal how low-income women strategically or inadvertently ‘smoothed’ their experiences when responding to data collection processes. This directly resulted in material and symbolic costs in the form of reduced welfare benefits and limited evidence with which to lobby for policy reform. These processes in turn provided benefits to fathers and the state in the form of reduced child support liabilities and enforcement action, and welfare outlays, respectively. We conclude that current administrative and research data collection practices provide a limited and gendered evidence base for administrative justice and policy reform.

Institutional investors in Australia: do they play a homogenous monitoring role?

This paper examines whether the presence of institutional investors in Australian publicly listed firms has an impact on firm performance. Our findings provide evidence that institutional investors are not a homogenous group of investors and that it is important to distinguish them by investment objective and their monitoring ability to exert influence. Results show that while institutional investors taken as a homogenous group appear to play an important governance role in terms of future firm performance, our analyses of the three broad typologies of institutional investors and by their respective sub-categories reveal differing conclusions. While pressure-resistant institutional investors (i.e., independent and having only investment relationship) significantly improve the short-term performance of Australian listed firms, they do not show any long-term monitoring ability. The impact of pressure-sensitive institutional investors is less clear, which is consistent with the view that these investors have some existing and potential business ties with the investee firms. More interestingly, we find that "faceless" investors via nominee and trustee institutions play an important monitoring role in creating a long-term firm value. Results have policy implications on the monitoring abilities of institutional investors in Australia.