corporate elite networks and governance changes in the 1980s.pdf

Corporate Elite Networks and Governance Changes in the 1980s Gerald F. Davis; Henrich R. Greve The American Journal of Sociology, Vol. 103, No. 1. (Jul., 1997), pp. 1-37. Stable URL: /sici?sici=0002-960229103%3A1%3C1%3ACENAGC%3E2.0.CO%3B2-0 The American Journal of Sociology is currently published by The University of Chicago Press. Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at /about/terms.html. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at /journals/ucpress.html. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. For more information regarding JSTOR, please contact support@. Thu Apr 19 14:31:30 2007 Corporate Elite Networks and Governance Changes in the 1980s Gerald F. Davis Columbia University Henrich R. Greve University of Tsukuba Changes in corporate governance practices can be analyzed by link- ing the adaptations of individual firms to the structures of the net- works in which firms decision makers are embedded. Network structures determine the speed of adaptation and ultimate patterns of prevalence of governance pra