Institutional theory perspectives
Institutional theory perspectives
This chapter examines institutional theory, with the concept utilized to explain how businesses respond to pressure and crisis. Institutional theory assumes that the social context has an important impact on human behavior, while at the same time downplaying the role of strategic responses often found in the management literature. Institutional theory also emphasizes conformance that refers to meeting and potentially exceeding societal and other informal norms and obligations. The chapter develops to evaluate traditional strategic responses to pressure and the characteristics and parameters of people institutions, before considering institutional deterioration causing decay and institutional plasticity enabling change.
institutional theory, business pressure, business crisis, crisis management, business response
41-69
Gottschalk, Petter
1ee888b0-7e8a-447c-b40f-7189aefede6f
Hamerton, Christopher
49e79eba-521a-4bea-ae10-af7f2f852210
3 November 2023
Gottschalk, Petter
1ee888b0-7e8a-447c-b40f-7189aefede6f
Hamerton, Christopher
49e79eba-521a-4bea-ae10-af7f2f852210
Gottschalk, Petter and Hamerton, Christopher
(2023)
Institutional theory perspectives.
In,
Corporate Social License: A Study in Legitimacy, Conformance, and Corruption.
1 ed.
London.
Palgrave Macmillan, .
(doi:10.1007/978-3-031-45079-2_3).
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Book Section
Abstract
This chapter examines institutional theory, with the concept utilized to explain how businesses respond to pressure and crisis. Institutional theory assumes that the social context has an important impact on human behavior, while at the same time downplaying the role of strategic responses often found in the management literature. Institutional theory also emphasizes conformance that refers to meeting and potentially exceeding societal and other informal norms and obligations. The chapter develops to evaluate traditional strategic responses to pressure and the characteristics and parameters of people institutions, before considering institutional deterioration causing decay and institutional plasticity enabling change.
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e-pub ahead of print date: 2 November 2023
Published date: 3 November 2023
Keywords:
institutional theory, business pressure, business crisis, crisis management, business response
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Local EPrints ID: 484701
URI: http://eprints.soton.ac.uk/id/eprint/484701
PURE UUID: 848aadec-5b33-49c3-ba08-2fcd4547eac2
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Date deposited: 20 Nov 2023 17:44
Last modified: 18 Mar 2024 03:47
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Author:
Petter Gottschalk
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