In the two decades since storytelling was called the ''sensemaking currency of organizations,'' storytelling scholarship has employed a wide variety of research methods. The storytelling diamond model introduced here offers a map of this paradigmatic terrain based on wider social science ontological, epistemological, and methodological (both quantitative and qualitative) considerations. The model is beneficial for both researchers and reviewers as they plan for and assess the quality and defensibility of storytelling research designs. The main paradigms considered in the storytelling diamond model are narrativist, living story, materialist, interpretivist, abstractionist, and practice all as integrated by the antenarrative process.Keywords storytelling inquiry, qualitative research, interpretive paradigms, business research methods, antenarrative, Western narrative, living storyStorytelling inquiry is especially rich as a vehicle to study processes and material conditions occurring inside the organization. Researchers have long held that storytelling plays a crucial role in creating and sustaining organizational identity (

This article describes the results of the "Efficiency Challenge," a 10-week, Principles of Management course activity that uses reflection and goal setting to help students understand the concept of operational efficiency. With transformative learning theory as a lens, we base our report on 4 years' worth of student reflections regarding their experiences and the evolution of the activity. The students report identifying explicit behaviors and uncovering implicit, unconscious aspects of those behaviors that they then have the opportunity to evaluate and change, if desired. We have also learned that a traditionally mechanistic, linear, causal, and rational approach can be transformed into a more holistic one by systematically introducing new experiences into the learning cycle, especially the link between studentlearning-through-experience and empowerment. The goal of this article is twofold: explore the application of transformative learning activities in the This article is part of the Special Issue "Introduction to Management Courses"

As firms are creating and recreating themselves as stakeholder corporations, tensions mount between a firm's fiduciary duties to its shareholders and the broader responsibilities inherent in a stakeholder focus. Firms have employed several techniques to help resolve this tension with limited success. We suggest that the next step in reducing this tension is formally accounting for stakeholder value through changes in financial reporting. We contend that stakeholders have a financial value to the firm that can and should be accounted for through the firm's financial reporting system. We propose a three-step process we call stakeholder valuing (SV) to begin a conversation regarding how such a method can be created. SV begins with codifying the firm's identity as a stakeholder entity, moves to assessing stakeholder value that's consistent with that identity, and concludes with accounting for and reporting that value. What we are suggesting will be seen by some as a radical change in accounting practices but we believe it is necessary as we move toward a consistent, reliable, verifiable, transparent, and comparable means of accounting for the true value of a stakeholder corporation.

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This research extends overlapping streams of research examining asymmetric information, adverse selection, and buyer trust by presenting an empirical investigation of the process by which a market for “lemons” emerges in the claiming market for thoroughbred racehorses. The study focuses attention on the potential of quality signals and buyer trust to lessen the impact of adverse selection. Incorporating concepts from economics, marketing, and psychology, a conceptual model suggests that adversely selected racehorses, distinguished by an unintentional signal from sellers to potential buyers, will be priced lower than otherwise similar racehorses perceived to be less subject to adverse selection. Data from one day of claiming races at 16 American racetracks (744 racehorses) are used to test this study hypothesis. Results provide evidence for adverse selection and a mitigating quality signal in the thoroughbred claiming market. Implications for buyers and sellers in this market, as well as more general implications, are discussed and an avenue for future research is proposed.