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Table of contents
(Vol 8, Issue 2, 2013, pp 95-125)
Research across subfields has explored questions of how and why one political actor's decisions are affected by others'. I investigate recent executive compensation disclosure regulations to make theoretical, substantive, and methodological contributions to the diffusion literature. I emphasize mainstream-seeking in the face of monitoring from regulators, interest groups, or voters. When there are high costs to sticking out, actors may look at others to identify the safe mainstream. I investigate the diffusion of practices amongst the regulated to extend the literature beyond policy creation to equally important implementation questions. I show that diffusion is an important factor affecting legal and policy impact. I do so by measuring social learning in new ways taking advantage of quasi-random assignment to social learning opportunities and independent decision making treatments. I show that social learning opportunities had a substantial negative effect on the quality of disclosures and led to less varied reports.
Replication Data | 100.00012032_supp.zip (ZIP),
This file contains the data that is required to replicate the data on your own system.DOI: 10.1561/100.00012032_supp
Online Appendix | 100.00012032_app.zip (ZIP),
This is the article's accompanying appendix.DOI: 10.1561/100.00012032_app