From relational stability to network resilience: Annual negotiated versus competitive municipal bond-issuing networks (Record no. 532576)
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| fixed length control field | 02019nam a22001337a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 260216b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Huang, Kun Liu, Gao Chen, Bin and Zhang, Zhiwei |
| 245 ## - TITLE STATEMENT | |
| Title | From relational stability to network resilience: Annual negotiated versus competitive municipal bond-issuing networks |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | The American Review of Public Administration |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 55(6), Aug, 2025: p.509-527 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | While the public contracting literature has explored the advantages and limitations of competitive versus relational/collaborative contracting ties, network research focuses on how structural characteristics influence a network's stability and ability to withstand environmental disruptions. However, little scholarship examines how collaborative versus competitive ties affect network stability and resilience to environmental shocks. This study addresses this gap by exploring the impacts of relationships of different natures (collaborative versus competitive) on network stability and resilience. Drawing on theories of relational embeddedness and network resilience, we compare annual networks formed by bond underwriters and financial advisors in negotiated (collaborative) versus competitive relationships from 2000 to 2015, analyzing California's municipal bond primary market before and after the 2008 Great Recession. The empirical results reveal that negotiated networks display higher stability, and faster recovery compared to competitive networks. Based on our findings, we develop a model of network resilience to systemic shock, highlighting the resilience of collaboration-oriented networks over efficiency-oriented networks in responding to systemic shocks.- Reproduced https://journals.sagepub.com/doi/full/10.1177/02750740251346808?_gl=1*25d195*_up*MQ..*_ga*MTIwNjEzMzI4Ni4xNzcxMjM0MjAw*_ga_60R758KFDG*czE3NzEyMzQxOTkkbzEkZzEkdDE3NzEyMzQyMTQkajQ1JGwwJGg1OTIyMDE4Mjg. |
| 773 ## - HOST ITEM ENTRY | |
| Main entry heading | The American Review of Public Administration |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Item type | Articles |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Permanent location | Current location | Date acquired | Serial Enumeration / chronology | Barcode | Date last seen | Koha item type |
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| Indian Institute of Public Administration | Indian Institute of Public Administration | 2026-02-16 | 55(6), Aug, 2025: p.509-527 | AR138152 | 2026-02-16 | Articles |