Search results for "Institutional Theory"
showing 10 items of 59 documents
Explaining the process of change taking place in legal rules and social norms: The cases of institutional economics and new institutional economics
1995
This paper deals with the phenomenon of institutional change and has been conceived as an attempt to answer the following question: Can we retain theimage of institutional change contained in a theory when we replace a methodological foundation on which the theory was built by a different and alternative one? For an answer to be developed, special attention is paid to the contributions made by institutional economists (IE) and those made by transaction cost—new institutional economists (NIE). The question clearly shows that it is a paper on applied methodology rather than a survey on institutional change contributions. Because of that, its main purpose is not to increase our knowledge about…
Greenfield or M&A? An institutional and learning perspective on the establishment mode choice of Chinese outward investments
2020
Abstract We develop and test a model of Chinese greenfield investments using institutional and learning theories. Both the host country institutional context and the firm's international characteristics affect the establishment mode. Using 152 Chinese emerging market multinationals (EMNEs) with 401 subsidiaries distributed in 26 countries from 2003 to 2013, we build a database of 284 pairs of host country/Chinese firms to test two hypotheses. We find that, first, governance environment affects the establishment mode: greenfield investments are preferred over acquisitions in relation-based host markets, and M&As are preferred in rule-based countries. Second, the depth of Chinese EMNEs' inter…
Institutional Influences of Professional Associations and Franchise Organizations on Competitiveness of the Healthcare Clinics
2019
This paper uses insights from the institutional theory to study the competitiveness of the healthcare clinics in Spain. The environment of the healthcare services is highly institutionalized: professional associations are state agents responsible for the extensive regulation. Recently emerged franchise chains become subject for imitation by creating institutionalized routines from within and increasing competitive pressures for other industry players. While the sector is dominated by the independent doctors, franchise organizations are becoming more popular and show steady growth rates. The franchise business model in healthcare is evolving: while the core activity—provision of a healthcare…
Entrepreneurship of an institutional field: the emergence of coworking spaces for digital business model
2020
AbstractCoworking spaces have been proliferating world-wide in urban and rural areas while facilitating entrepreneurship and new, especially digital business models. Our research analyzes the worldwide expansion by drawing upon mechanisms from institutional theory. We argue that the sense of community, emotional activation, the local communities together with the digital linkages and the open office allowed coworking spaces to evolve as a real space for entrepreneurship. The common lifestyle and the high digital identity of the users further explain the emergence of this entrepreneurship field that shows high convergent forms of coworking spaces. The key divergence comes with different owne…
Corruption, political discretion and entrepreneurship
2018
Purpose While common sense suggests that corruption will likely have a negative impact on the economy as it raises the cost of doing business, research on the topic showed inconsistent results (positive, negative and neutral). This paper aims to verify whether corruption has a “grease” or “sand” effect on the wheels of entrepreneurial rates and under which conditions corruption will have stronger or weaker effects. Design/methodology/approach Using institutional theory as the basis for the hypotheses, generalized least squares estimation is conducted to empirically examine the role of corruption and political discretion in entrepreneurship in a sample of 93 countries. Findings Countries wi…
Hong Kong’s EDI bandwagon Derailed or on the right track?
1997
In this paper we explore the adoption of a complex networked technology — that of Electronic Data Interchange (EDI) — in the context of Hong Kong. EDI forms a complex and interorganizational innovation and therefore we suggest a multi-theoretical framework to examine its diffusion. The framework takes into account institutional, industry specific and organizational factors in the study of diffusion processes and thus extends the analysis beyond organizational borders. Using the framework we deliver an account of the EDI diffusion in Hong Kong based on field study data. The study clarifies how simultaneous organizational, industry and environmental factors can be brought to bear to understan…
SEC's acceptance of IFRS-based financial reporting: An examination based in institutional theory
2016
In 2007 the Securities and Exchange Commission (SEC) made an historic ruling allowing foreign registrants to file IFRS-based financial statements without reconciling to U.S. GAAP. With that decision, the SEC changed its longstanding practice of adhering to a single set of accounting standards in the U.S. The decision diminishes the standing of two previously powerful institutions: U.S. GAAP and the SEC itself. We examine this important change drawing generally on institutional theory. We draw on several models to obtain insights into the likely roles of both regulator and regulatees, into the reasons the particular type of incremental change mechanism was observed, and into the influence of…
Cultural environments and the appointment of females directors on boards: An analysis from a global perspective
2020
This is the pre-peer reviewed version of the following article: Cultural environments and the appointment of female directors on boards: An analysis from a global perspective, which has been published in final form at https://doi.org/10.1002/csr.2065. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. Hofstede's six cultural dimensions (power distance, individualism, masculinity, uncertainty avoidance, long‐term orientation and indulgence) has received little attention concerning the presence of female directors on boards. Moreover, past research has only focussed on four or five of these six cultural dimensi…
Benefits Realization in eGovernment: Institutional Entrepreneurship or Just Hype?
2013
As development practices of eGovernment gradually mature, there appears to be an increasing focus on documentation of innovation processes and documentation of realized benefits. Although research on benefits realization provides some guidance to these issues, there is a lack of empirical research to validate central tenets in the literature and to provide the level of detail necessary to understand the impact benefits realization practices can have on organizations. To address these issues, we carried out an in-depth longitudinal case study of a large-scale benefits realization effort in Norway. Institutional theory was used to analyze the organizational impact. Our findings show that the …
The institutional isomorphism in the context of organizational changes in higher education institutions
2019
This article deals with the institutional theory and isomorphism, from the processes of organizational change in higher education institutions. In a first phase, we analyze, through a questionnaire, the situations and causes of change in higher education institutions (HEI), more precisely in the field knowledge of Physical Education in Colombia. Afterwards, through a multiple case study, we analyze both the pressures of the environment that force HEI to change and the types of isomorphism. The results show the existence of the three types of isomorphism in a process of change where the National and Institutional governments exert coercive pressures. Other HEIs in similar situations exert mi…