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When Market Information Constitutes Fields: Sensemaking of Markets in the Commercial Music Industry
Abstract
In this paper we outline a key mechanism through which organizational fields are constituted. We suggest that in competitive fields, the market serves as a magnet around which groups of actors consolidate, and that cognition of markets occurs through the creation, distribution, and interpretation of a web of information about the “market.” To illustrate our theory, we present a case study of the Billboard music chart from the commercial music industry to show that changes in either scope, methodology, or political tone with which market information is presented can provide a major jolt to the participants' understanding of their field.
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Citations
Cited by
Sensemaking in organizations: Taking stock and moving forward
Maitlis, S., & Christianson, M. (2014) · Academy of Management Annals · doi:10.5465/19416520.2014.873177 · Cited by 1,764
Vlaar, P. W. L., Van den Bosch, F. A. J., & Volberda, H. W. (2006) · Organization Studies · doi:10.1177/0170840606068338 · Cited by 219
Pollock, N., & D’Adderio, L. (2012) · Accounting, Organizations and Society · doi:10.1016/j.aos.2012.06.004 · Cited by 206
Towards platform observability
Rieder, B., & Hofmann, J. (2020) · Internet Policy Review · doi:10.14763/2020.4.1535 · Cited by 132
Does hype create irreversibilities? Affective circulation and market investments in digital health
Geiger, S., & Gross, N. (2017) · Marketing Theory · doi:10.1177/1470593117692024 · Cited by 42
Metadata
- Authors
- Anand, N., & Peterson, R. A.
- Venue
- Organization Science
- Published
- 2000-06
- Volume
- 11
- Issue
- 3
- Pages
- 270-284
- ISSN
- 1047-7039 (ISSN-L)
- 1526-5455
- OpenAlex
- W1979431389
- Cited by
- 364
- References
- 0
- FWCI
- 5.17
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: When Market Information Constitutes Fields: Sensemaking of Markets in the Commercial Music Industry. https://app.cochat.ai/papers/10.1287/orsc.11.3.270.12502
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- Anand, N., & Peterson, R. A. (2000). When Market Information Constitutes Fields: Sensemaking of Markets in the Commercial Music Industry. Organization Science. https://doi.org/10.1287/orsc.11.3.270.12502
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
