The Institutional Theory Of The Firm

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The Institutional Theory of the Firm

Author : Alexander Styhre
Publisher : Routledge
ISBN 13 : 0429632282
Total Pages : 313 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis The Institutional Theory of the Firm by : Alexander Styhre

Download or read book The Institutional Theory of the Firm written by Alexander Styhre and published by Routledge. This book was released on 2019-07-25 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Institutional Theory of the Firm examines recent and previous organization theory literature to advocate what Evans (1995) refers to as the "embedded autonomy" of the firm, as well as its role in being simultaneously anchored in, for example, corporate legislation and regulatory practices on the national, regional (i.e., within the European Union) and transnational levels, while at the same time being granted the right to operate with significant degrees of freedom within this legal-regulatory model. Seen in this view, the embedded autonomy of the corporation represents a theoretical view of the corporation that complements the market-based image of the corporation in economic theory. When advocating the institutional theory model, three forms of embedded autonomy are examined. First, the corporation is enacted as a legal entity sui juris—as a freestanding "legal person" in corporate law and within the regulatory framework that serves to enforce legislation in everyday life settings. Second, the corporation is embedded within what social theorists refer to as moral economies, the norms and values that regulate what are the socially acceptable and legitimate means for conducting business. Third and finally, the corporation is embedded in governance, a relatively complex economic concept that denotes legal and regulatory control on the societal and economic system levels, and on the level of the individual corporation. By combining the three forms of embeddedness, sanctioned by law, norms, and governance, the embedded autonomy of the firm is secured on the basis of a variety of social practices and resources. This book brings together a diverse literature including management studies, economic sociology, legal theory, finance theory, and mainstream economic theory to advance the argument that the corporation is best understood as what is embedded in a social and economic context, yet best serving its defined and stipulated ends by assuming considerable degrees of freedom to operate in isolation from various stakeholders. It will be of relevance for a variety of readers, including graduate students, management scholars, policy-makers, and management consultants interested in organization theory and management studies.

Institutional Theory in International Business

Author : Laszlo Tihanyi
Publisher : Emerald Group Publishing
ISBN 13 : 1780529090
Total Pages : 500 pages
Book Rating : 4.7/5 (85 download)

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Book Synopsis Institutional Theory in International Business by : Laszlo Tihanyi

Download or read book Institutional Theory in International Business written by Laszlo Tihanyi and published by Emerald Group Publishing. This book was released on 2012-06-04 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of "Advances in International Management" series, this title presents contemporary research by leading and emerging scholars working on institutional theory. It also presents theoretical frameworks of institutions and proposes interesting ideas that provide the foundation for doctoral dissertations and research projects.

A Theory of the Firm

Author : Michael C. Jensen
Publisher : Harvard University Press
ISBN 13 : 9780674012295
Total Pages : 342 pages
Book Rating : 4.0/5 (122 download)

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Book Synopsis A Theory of the Firm by : Michael C. Jensen

Download or read book A Theory of the Firm written by Michael C. Jensen and published by Harvard University Press. This book was released on 2003-09-30 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines the forces, both external and internal, that lead corporations to behave efficiently and to create wealth. Corporations vest control rights in shareholders, the author argues, because they are the constituency that bear business risk and therefore have the appropriate incentives to maximize corporate value. Assigning control to any other group would be tantamount to allowing that group to play poker with someone else's money, and would create inefficiencies. The implicit denial of this proposition is the fallacy of the so-called stakeholder theory of the corporation, which argues that corporations should be run in the interests of all stakeholders. This theory offers no account of how conflicts between different stakeholders are to be resolved, and gives managers no principle on which to base decisions, except to follow their own preferences. In practice, shareholders delegate their control rights to a board of directors, who hire, fire, and set the compensation of the chief officers of the firm. However, because agents have different incentives than the principals they represent, they can destroy corporate value unless closely monitored. This happened in the 1960s and led to hostile takeovers in the market for corporate control in the 1970s and 1980s. The author argues that the takeover movement generated increases in corporate efficiency that exceeded $1.5 trillion and helped to lay the foundation for the great economic boom of the 1990s.

The Theory of the Firm

Author : Daniel F. Spulber
Publisher : Cambridge University Press
ISBN 13 : 0521517389
Total Pages : 542 pages
Book Rating : 4.5/5 (215 download)

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Book Synopsis The Theory of the Firm by : Daniel F. Spulber

Download or read book The Theory of the Firm written by Daniel F. Spulber and published by Cambridge University Press. This book was released on 2009-04-13 with total page 542 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Theory of the Firm presents an innovative general analysis of the economics of the firm.

Handbook on the Economics and Theory of the Firm

Author : Michael Dietrich
Publisher : Edward Elgar Publishing
ISBN 13 : 1781002401
Total Pages : 607 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Handbook on the Economics and Theory of the Firm by : Michael Dietrich

Download or read book Handbook on the Economics and Theory of the Firm written by Michael Dietrich and published by Edward Elgar Publishing. This book was released on 2012-01-01 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.

Firms, Markets and Economic Change

Author : Richard N. Langlois
Publisher : Routledge
ISBN 13 : 1134804962
Total Pages : 364 pages
Book Rating : 4.1/5 (348 download)

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Book Synopsis Firms, Markets and Economic Change by : Richard N. Langlois

Download or read book Firms, Markets and Economic Change written by Richard N. Langlois and published by Routledge. This book was released on 1995-07-06 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex p

Encyclopedia of Management Theory

Author : Eric H. Kessler
Publisher : SAGE Publications
ISBN 13 : 1506307795
Total Pages : 1053 pages
Book Rating : 4.5/5 (63 download)

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Book Synopsis Encyclopedia of Management Theory by : Eric H. Kessler

Download or read book Encyclopedia of Management Theory written by Eric H. Kessler and published by SAGE Publications. This book was released on 2013-03-01 with total page 1053 pages. Available in PDF, EPUB and Kindle. Book excerpt: In discussing a management topic, scholars, educators, practitioners, and the media often toss out the name of a theorist (Taylor, Simon, Weber) or make a sideways reference to a particular theory (bureaucracy, total quality management, groupthink) and move on, as if assuming their audience possesses the necessary background to appreciate and integrate the reference. This is often far from the case. Individuals are frequently forced to seek out a hodgepodge of sources varying in quality and presentation to provide an overview of a particular idea. This work is designed to serve as a core reference for anyone interested in the essentials of contemporary management theory. Drawing together a team of international scholars, it examines the global landscape of the key theories and the theorists behind them, presenting them in the context needed to understand their strengths and weaknesses to thoughtfully apply them. In addition to interpretations of long-established theories, it also offers essays on cutting-edge research as one might find in a handbook. And, like an unabridged dictionary, it provides concise, to-the-point definitions of key concepts, ideas, schools, and figures. Features and Benefits: Two volumes containing over 280 signed entries provide users with the most authoritative and thorough reference resources available on management theory, both in terms of breadth and depth of coverage. Standardized presentation format, organized into categories based on validity and importance, structures entries so that readers can assess the fundamentals, evolution, and impact of theories. To ease navigation between and among related entries, a Reader’s Guide groups entries thematically and each entry is followed by Cross-References. In the electronic version, the Reader’s Guide combines with the Cross-References and a detailed Index to provide robust search-and-browse capabilities. An appendix with a Chronology of Management Theory allows readers to easily chart directions and trends in thought and theory from early times to the present. An appendix with Central Management Insights allows readers to easily understand, compare, and apply major theoretical messages of the field. Suggestions for Further Reading at the end of each entry guide readers to sources for more detailed research and discussion. Key themes include: Nature of Management Managing People, Personality, and Perception Managing Motivation Managing Interactions Managing Groups Managing Organizations Managing Environments Strategic Management Human Resources Management International Management and Diversity Managerial Decision Making, Ethics, and Creativity Management Education, Research, and Consulting Management of Operations, Quality, and Information Systems Management of Entrepreneurship Management of Learning and Change Management of Technology and Innovation Management and Leadership Management and Social / Environmental Issues PLUS: Appendix of Chronology of Management Theory PLUS: Appendix of Central Management Insights

Corporate Social Responsibility in Developing and Emerging Markets

Author : Onyeka Osuji
Publisher : Cambridge University Press
ISBN 13 : 1108472117
Total Pages : 485 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Corporate Social Responsibility in Developing and Emerging Markets by : Onyeka Osuji

Download or read book Corporate Social Responsibility in Developing and Emerging Markets written by Onyeka Osuji and published by Cambridge University Press. This book was released on 2019-12-19 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: A valuable interdisciplinary resource examining the concept and effectiveness of CSR as a tool for sustainable development in emerging markets.

Institutional Theory and Organizational Change

Author : Staffan Furusten
Publisher : Edward Elgar Publishing
ISBN 13 : 1035307219
Total Pages : 163 pages
Book Rating : 4.0/5 (353 download)

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Book Synopsis Institutional Theory and Organizational Change by : Staffan Furusten

Download or read book Institutional Theory and Organizational Change written by Staffan Furusten and published by Edward Elgar Publishing. This book was released on 2023-01-10 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fully revised and refined, this new edition of Institutional Theory and Organizational Change considers the developments in the field of institutional organization theory over the past decade. With each chapter being significantly updated, the book explains what the institutional organization approach means by bringing special attention to how the institutional environment is made up and how organizations are governed by it.

Marketing Opportunities and Challenges in a Changing Global Marketplace

Author : Shuang Wu
Publisher : Springer Nature
ISBN 13 : 3030391655
Total Pages : 701 pages
Book Rating : 4.0/5 (33 download)

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Book Synopsis Marketing Opportunities and Challenges in a Changing Global Marketplace by : Shuang Wu

Download or read book Marketing Opportunities and Challenges in a Changing Global Marketplace written by Shuang Wu and published by Springer Nature. This book was released on 2020-06-15 with total page 701 pages. Available in PDF, EPUB and Kindle. Book excerpt: This proceedings volume explores marketing opportunities and challenges that exist in the current, fast-changing landscape of the global marketplace. Current global issues such as the rising middle class in emerging markets, disruptive technological breakthroughs, big data analytics, changing consumer habits and concerns over national trade policies have renewed ethical concerns around consumer privacy and the tools companies use to operate, market to, connect and build a relationship with their customers. Featuring the full proceedings from the 2019 Academy of Marketing Science (AMS) Annual Conference held in Vancouver, Canada, this book explores and assess the rate of change that drives companies to evaluate and adapt their marketing strategies to remain competitive. Founded in 1971, the Academy of Marketing Science is an international organization dedicated to promoting timely explorations of phenomena related to the science of marketing in theory, research, and practice. Among its services to members and the community at large, the Academy offers conferences, congresses, and symposia that attract delegates from around the world. Presentations from these events are published in this Proceedings series, which offers a comprehensive archive of volumes reflecting the evolution of the field. Volumes deliver cutting-edge research and insights, complementing the Academy’s flagship journals, the Journal of the Academy of Marketing Science (JAMS) and AMS Review (AMSR). Volumes are edited by leading scholars and practitioners across a wide range of subject areas in marketing science.

Institutional Theory in Tourism and Hospitality

Author : Anna Earl
Publisher : Routledge
ISBN 13 : 1000408914
Total Pages : 91 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Institutional Theory in Tourism and Hospitality by : Anna Earl

Download or read book Institutional Theory in Tourism and Hospitality written by Anna Earl and published by Routledge. This book was released on 2021-04-22 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutions are fundamental aspects for driving tourism and hospitality globally. They are the socio-economic "rules of the game" that serve to shape and constrain human and organisational interactions. This book is the first of its kind to provide a comprehensive overview of institutional theory in a tourism and hospitality context. The complexity and multiple scaled nature of the institutional environment plays a crucial role in the development and formation of tourism destinations, attractions, organisations, and businesses, as well as influencing the activities of individuals. Institutional theory therefore provides a means to understand the complexity and processes of change at different scales of analysis and provides insights into the organisational and political basis of tourism policy development and implementation. Chapters introduce and expand on institutional analysis in tourism and hospitality, institutional theory in the social sciences, methodological issues, and future directions in institutional analysis in tourism and hospitality, making use of case studies throughout. This book will appeal to students of tourism, hospitality, leisure, and events, as well as other social science disciplines. Providing a comprehensive overview of and guide to the application of institutional theory, this book will serve as a complete reference to institutional theory in a tourism and hospitality setting for years to come.

Institutional Theory

Author : Ronald L. Jepperson
Publisher : Cambridge University Press
ISBN 13 : 1107078377
Total Pages : 349 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Institutional Theory by : Ronald L. Jepperson

Download or read book Institutional Theory written by Ronald L. Jepperson and published by Cambridge University Press. This book was released on 2021-04 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensively collects the essential theoretical ideas of 'sociological neo-institutionalism', one of the leading approaches in social theory.

The Oxford Handbook of Identities in Organizations

Author : Andrew D. Brown
Publisher : Oxford University Press
ISBN 13 : 0192561944
Total Pages : 944 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis The Oxford Handbook of Identities in Organizations by : Andrew D. Brown

Download or read book The Oxford Handbook of Identities in Organizations written by Andrew D. Brown and published by Oxford University Press. This book was released on 2020-01-09 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conceived as the meanings that individuals attach to their selves, a substantial stockpile of theory related to identities accumulated across the arts, social sciences, and humanities over many decades continues to nourish contemporary research on self-identities in organizations. In times which are more reflexive, narcissistic, and fluid, the identities of participants in organizations are increasingly less fixed and less certain, making identity issues both more salient and more interesting. Particular attention has been given to processes of identity construction, often styled 'identity work'. Research has focused on how, why, and when such processes occur, and their implications for organizing and individual, group, and organizational outcomes. This has resulted in a burgeoning stream of research from discursive, dramaturgical, symbolic, socio-cognitive, and psychodynamic perspectives that most often casts individuals' efforts to fabricate identities as intentional, relational, and consequential. Seemingly intractable debates centred on the nature of identities - their relative stability or fluidity, whether they are best regarded as coherent or fractured, positive (or not), and how they are fabricated within relations of power - combined with other conceptual issues continue to invigorate the field. However, these debates have also led to some scepticism regarding the future potential of identities research. Yet as the chapters in this Handbook demonstrate, there are considerable grounds for optimism that identity, as root metaphor, nexus concept, and means to bridge levels of analysis has significant potential to generate multiple compelling streams of theorizing in organization and management studies.

Organizational Project Management

Author : Ralf Müller
Publisher : Edward Elgar Publishing
ISBN 13 : 1788110978
Total Pages : 323 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Organizational Project Management by : Ralf Müller

Download or read book Organizational Project Management written by Ralf Müller and published by Edward Elgar Publishing. This book was released on 2019 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This concise text introduces an integrated view of all project management-related activities in an organization, called Organizational Project Management (OPM). Practical cases from several organizations, as well as popular theories such as the Resource-Based Theory and Institutional Theory provide for an insightful yet realistic understanding of OPM as an integrative tool for organizations to improve their efficiency and effectiveness.

The Institutional Construction of Organizations

Author : W. Richard Scott
Publisher : SAGE Publications, Incorporated
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The Institutional Construction of Organizations by : W. Richard Scott

Download or read book The Institutional Construction of Organizations written by W. Richard Scott and published by SAGE Publications, Incorporated. This book was released on 1995-08-08 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional theory is on the rise. During the past three decades, the field of organization studies has witnessed a succession of theoretical perspectives--including contingency theory, resource dependency, and population ecology--that focus attention on one or another aspect of organizations. Only institutional theory highlights the importance of the wider social and cultural environment as the "ground" in which organizations are rooted. The original work in The Institutional Construction of Organizations sheds new light on the study of organizations. The editors bring together work from two different research traditions--the United States and Europe. The collection also layers in several important perspectives of institutional theory, including empirical observations, longitudinal analyses, market-based organizational forms, and attention to the concepts of agency and strategy. The result is a finely textured, fully developed work for scholars and advanced students of organizational theory and behavior.

Institutions and Economic Theory

Author : Eirik G. Furubotn
Publisher : University of Michigan Press
ISBN 13 : 9780472030255
Total Pages : 676 pages
Book Rating : 4.0/5 (32 download)

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Book Synopsis Institutions and Economic Theory by : Eirik G. Furubotn

Download or read book Institutions and Economic Theory written by Eirik G. Furubotn and published by University of Michigan Press. This book was released on 2005-10-21 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition assesses some of the major refinements, extensions, and useful applications that have developed in neoinstitutionalist thought in recent years. More attention is given to the overlap between the New Institutional Economics and developments in economic history and political science. In addition to updated references, new material includes analysis of parallel developments in the field of economic sociology and its attacks on representatives of the NIE as well as an explanation of the institution-as-an-equilibrium-of-game approach. Already an international best seller, Institutions and Economic Theory is essential reading for economists and students attracted to the NIE approach. Scholars from such disciplines as political science, sociology, and law will find the work useful as the NIE continues to gain wide academic acceptance. A useful glossary for students is included. Eirik Furubotn is Honorary Professor of Economics, Co-Director of the Center for New Institutional Economics, University of Saarland, Germany and Research Fellow, Private Enterprise Research Center, Texas A&M University. Rudolph Richter is Professor Emeritus of Economics and Director of the Center for New Institutional Economics, University of Saarland, Germany.

Renegotiating the World Order

Author : Phillip Y. Lipscy
Publisher : Cambridge University Press
ISBN 13 : 1107149762
Total Pages : 343 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Renegotiating the World Order by : Phillip Y. Lipscy

Download or read book Renegotiating the World Order written by Phillip Y. Lipscy and published by Cambridge University Press. This book was released on 2017-06-09 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Phillip Y. Lipscy explains how countries renegotiate international institutions when rising powers such as Japan and China challenge the existing order. This book is particularly relevant for those interested in topics such as international organizations, such as United Nations, IMF, and World Bank, political economy, international security, US diplomacy, Chinese diplomacy, and Japanese diplomacy.