Exogenous shocks: Definitions, types, and causal identification issues
Jacquart, P., Santoni, S. ORCID: 0000-0002-5928-3901, Schudy, S. , Sieweke, J. & Withers, M. (2024). Exogenous shocks: Definitions, types, and causal identification issues. The Leadership Quarterly, 35(5), article number 101823. doi: 10.1016/j.leaqua.2024.101823
Abstract
The article systematically explores exogenous shocks in leadership and management research. It introduces a special issue of The Leadership Quarterly emphasizing how naturally occurring events like financial crises, pandemics, and regulatory changes can be used for empirical research. Then, it reviews various conceptualizations and ways of integrating exogenous shocks into empirical strategies. Finally, it categorizes exogenous shocks based on their extent, timescale, and granularity of intervention, highlighting challenges in causal identification.
Publication Type: | Article |
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Additional Information: | © 2024. This manuscript version is made available under the CC-BY-NC-ND 4.0 license https://creativecommons.org/licenses/by-nc-nd/4.0/ |
Publisher Keywords: | exogenous shocks; causal inference; natural experiments; LATE; SUTVA; taxonomy |
Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
Departments: | Bayes Business School Bayes Business School > Management |
SWORD Depositor: |
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