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How do firms adjust prices in the marketplace? Do they tend to adjust prices infrequently in response to changes in market conditions? If so, why? These remain key questions in macroeconomics, particularly for central banks that work to keep inflation low and stable. The authors use the Bank of Canada's 200203 price-setting survey data to investigate Canadian firms' price-setting behaviour; they also analyze the micro foundations for the firms' pricing behaviour using count data and probit models. The authors find that, all else being equal, firms tend to adjust prices more frequently if they are state-dependent price-setters, operate in the trade sector, or have large variable costs or more direct competitors. There are various sticky-price theories; in the Bank's price-setting survey, the senior management of firms were read a simple statement in non-technical language that paraphrased each sticky-price theory, and were then asked whether the statement applied to their firm. The most frequently recognized sticky-price theories are customer relations, cost-based pricing, and coordination failure. The authors' analysis indicates that if firms recognize coordination failure on price increases, sticky information, menu costs, factor stability, or customer relations as being important, they tend to adjust prices less frequently. The authors also find that the patterns discernible within firms' recognition of stickyprice theories are strongly associated with firms' micro foundations.

PurposeThe current market conditions are driving firms to plan, design and implement corporate social responsibility (CSR) policies that are true to the firms' real sense, i.e. authentic. Authenticity is an important aspect of micro-foundations of CSR in shaping the way social responsibility initiatives would impact the stakeholders including the customers, partners, current members of the organization and shareholders. This calls for a need to synthesize past research on CSR authenticity in order to propose directions for future research.Design/methodology/approachThe current study synthesizes relevant literature on CSR authenticity using systematic literature review (SLR) approach. In total, 34 research works were identified and examined to seek insights on CSR authenticity.FindingsFindings of the study identified various miro-, meso- and macro-level determinants of CSR authenticity and different set of outcomes having implications on business and society. The study also proposes a comprehensive definition of CSR authenticity which was somewhat missing in existing literature.Practical implicationsThe study provides strong theoretical and managerial implications. Particularly, the study provides directions for future research on the topic.Originality/valueIn this paper, a review of literature on CSR authenticity is currently missing.

Do people from disadvantaged ethnic groups favor political violence over non-violent tactics? Studies of horizontal (between-group) inequality often concentrate on civil war. This article drills below the macro level and looks beyond civil war, to investigate individual participation in various types of conflict. Different types and combinations of ethnic disadvantage favor participation in different kinds of conflict, because of different opportunity structures. Political exclusion motivates leadership, which facilitates organized movements. Economic disadvantages restrict economic leverage, making non-violent tactics less likely to succeed. The article maps these components of groups' opportunity structure onto different constellations of inequality. It uses Afrobarometer survey data (N = 29,727) to show that economic disadvantages increase participation in political violence short of civil war. When they coincide with political exclusion, they also make people steer actively away from demonstrations. The evidence is less conclusive for political disadvantages alone, but points toward increased participation in demonstrations.

Do people from disadvantaged ethnic groups favor political violence over non-violent tactics? Studies of horizontal (between-group) inequality often concentrate on civil war. This article drills below the macro level and looks beyond civil war, to investigate individual participation in various types of conflict. Different types and combinations of ethnic disadvantage favor participation in different kinds of conflict, because of different opportunity structures. Political exclusion motivates leadership, which facilitates organized movements. Economic disadvantages restrict economic leverage, making non-violent tactics less likely to succeed. The article maps these components of groups' opportunity structure onto different constellations of inequality. It uses Afrobarometer survey data ( N = 29,727) to show that economic disadvantages increase participation in political violence short of civil war. When they coincide with political exclusion, they also make people steer actively away from demonstrations. The evidence is less conclusive for political disadvantages alone, but points toward increased participation in demonstrations.

Do people from disadvantaged ethnic groups favor political violence over non-violent tactics? Studies of horizontal (between-group) inequality often concentrate on civil war. This article drills below the macro level and looks beyond civil war, to investigate individual participation in various types of conflict. Different types and combinations of ethnic disadvantage favor participation in different kinds of conflict, because of different opportunity structures. Political exclusion motivates leadership, which facilitates organized movements. Economic disadvantages restrict economic leverage, making non-violent tactics less likely to succeed. The article maps these components of groups' opportunity structure onto different constellations of inequality. It uses Afrobarometer survey data ( N = 29,727) to show that economic disadvantages increase participation in political violence short of civil war. When they coincide with political exclusion, they also make people steer actively away from demonstrations. The evidence is less conclusive for political disadvantages alone, but points toward increased participation in demonstrations.