We investigate power indices for simple games with precoalitions which distribute power among players in an external and an internal step. We extend an existing approach which uses the Public Good index both on the external level in the quotient game as well as on the internal level for...

Purpose This study examines whether CEO power influences the book-based and market-based performance of Russian companies when it is restricted by the presence of essential shareholders, namely, state and influential businessmen. Design/methodology/approach Managerial power is divided into...

People seek positions of influence for material objectives, but it has been argued that people also seek power for its own sake. We propose a novel elicitation strategy that allows us to measure intrinsic preferences for power, where power is defined as influence over the outcomes of others,...

While democratization and enfranchisement are known to benefit minority groups in the long run, sudden increases in political representation can disrupt existing power balances, provoke resistance, and lead to worse policy outcomes in the short run. We document and explain this pattern. In our...

Power dynamics play a pivotal role in shaping governance, decision-making, and interpersonal relationships within family businesses, which operate as hybrid organizations at the intersection of family and business systems. This paper examines the unique manifestations of power in the business...

Research on platform power indicates a preference alignment between consumers and platforms against regulation. However, recent scandals have changed public opinion toward platforms and undermined their structural coalition with consumers. I argue that amid the techlash, platforms need to...

Purpose - I aimed to develop a conceptual model of power dynamics focused on an anticipated power consequences in business relationships in a context of high environmental turbulence. I also intended to discuss the theoretical significance of my findings and indicate future research directions....

We explore how power and justice dynamics influence whistleblowing behaviour in family firms, focusing on the under-explored construct of connection power. Power and justice are two important, interrelated forces strongly affecting moral behaviour. We hypothesise a moderated moderation model and...

We collect observations on how power constitutes itself in decentralized digital platform constellations that position themselves as alternatives to platforms operated by big tech (which we coin "hyperledgers"). We then compare these forms of power to the incumbent structures, the so called...

On December 3, 2024, Michael Hudson met with capital-as-power researchers Jonathan Nitzan, Tim Di Muzio, and Blair Fix to discuss the intersections between their two lines of research. What follows is a transcript of the conversation.

As the European Union's only directly elected institution, the European Parliament stands at the heart of European representative democracy, the foundation upon which the EU is built. Since its creation, the Parliament's powers have evolved significantly, and it is now a fully fledged...

In Yemen, women and girls face multiple obstacles that hinder progress toward gender equality and limit their economic participation. The ongoing conflict has devastated the lives, health, and economic prospects of ordinary Yemenis, and deepened vulnerabilities, especially for women and girls....

The European Parliament has come a long way since its inception in 1951. Initially a consultative body composed of delegations of national parliaments, it has become a directly elected institution, has obtained budgetary and legislative powers, and now exercises influence over most aspects of EU...

This article examines the effect of leader longevity in power on world happiness. To make the assessment, a sample composed of 135 countries observed over the period 2006 to 2018 was constituted. The results obtained from OLS estimates show that longevity in power reduces individual happiness....