The Ties that Bind: Strategic Actions and Status Structure in the US Investment Banking Industry
运用吉登斯结构化理论，研究美国投资银行业网络结构如何影响企业战略行动，发现地位等级通过同类相吸现象被企业间互动所再生产。
We applied Giddens' (1979, 1984) structuration theory to investigate the US investment banking industry and found support for the notion that industry network structure impacts the strategic actions of the firms embedded in it, and that the status hierarchy component of the industry structure is reproduced by the dyad-level interactions of firms in this industry. Investment banks conform to the homophily phenomenon — they tend to transact with others in the industry of similar status. Status ranking also enables high-status banks to maintain an extensive exchange relationship with other banks, while status ranking constrains low-status banks to transact repeatedly with banks with which they have previously transacted.