Grand Cru - Publications - Faculty & Research

Article

On the Causality and Cause of Returns to Organizational Status: Evidence from the Grands Crus Classés of the Médoc

By: Daniel Malter

This paper identifies the causal symbolic effect of status on the prices organizations charge for their products. I exploit the classification of the châteaux of the Médoc, which sorted 61 wine producers into five growth classes in 1855, as a fixed hierarchical symbol... View Details

Keywords: Organizational Status; Quality Signals; Conspicuous Consumption; Wine Classification Of 1855; Grand Cru; Status and Position; Quality; Reputation; Price; France

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January 2015 (Revised August 2016)
Case

Chateau Pontet-Canet

By: Daniel Malter

This case discusses the situation of Chateau Pontet-Canet in early 2000. Alfred Tesseron was the director and son of the owner of Chateau Pontet-Canet, a red wine producing estate in Pauillac (Bordeaux, France) and member of the fifth class of the ancient grand cru... View Details

Keywords: Plant-Based Agribusiness; Alignment; Strategy; Competition; Food and Beverage Industry; France

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Research Summary

STATUS

In his work on status orders, Professor Malter studies the ways in which status orders affect the returns to organizations, the incentives and opportunities in markets, social market structure, and firm decisions. Using data on a highly structured wine region of... View Details

01 Oct 1997
News

Brice Cutrer Jones

people questioned the need for another wine operation in California. I decided - primarily out of fear - to do my best on a single product, focusing exclusively on Chardonnay. I had faith that somebody would always want our best effort." One example of Jones's best... View Details

Keywords: Judith A. Ross

23 Sep 2013
Research & Ideas

Status: When and Why It Matters

second-grade products or a low-status producer that consistently produces first-grade products." For answers, Malter turned to the wine industry and an investigation of whether France's prestigious 1855 grand View Details

Keywords: by Dina Gerdeman

18 Feb 2014
First Look

First Look: February 18

Cause of Returns to Organizational Status: Evidence from the grands crus classés of the Médoc By: Malter, Daniel Abstract—This paper addresses the recent debate about the causality of status effects and... View Details

Keywords: Sean Silverthorne

14 Jun 2016
First Look

June 14, 2016

France) and member of the fifth class of the ancient grand cru classification of the Medoc of 1855. International competition was mounting and revenues were declining even though Chateau Pontet-Canet... View Details