Toward an institution-based paradigm

Peng, Mike W.; Wang, Joyce C.; Kathuria, Nishant; Song, Jia; Eleazar, Miranda J. Welbourne

doi:10.1007/s10490-022-09861-6

Cited by 25 publications

(6 citation statements)

References 235 publications

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“…Somewhat similar to what occurred in mainstream institutional theory, in CSR, scholars who once tended to highlight the role of formal institutions have more recently started to explore the importance of informal institutions and the integration of the two types (e.g. Brammer et al, 2012;Dau, et al, 2022;Estrin and Prevezer, 2011;Peng et al, 2023;Salimath and Cullen, 2010). Now, CSR scholars are at the evolutionary stage at which they need to integrate formal and informal institutions to better understand the CSR adoption process and related issues.…”

Section: Integration Of Formal and Informal Institutions In Corporate...mentioning

confidence: 88%

“…A series of CSR studies (e.g. Brammer et al , 2012; Dau, et al , 2022; Estrin and Prevezer, 2011; Peng et al , 2023; Salimath and Cullen, 2010) highlighted the importance of integrating formal and informal institutions to deepen our comprehension of the intricate dynamics and underlying motivations of CSR organizations.…”

Section: Contributionsmentioning

confidence: 99%

“…Subsequently, CSR scholars began to perceive those informal institutions also play an important role in shaping CSR development, strategies and practices (e.g. Brammer et al , 2007; Dau, et al , 2022; Kang and Moon, 2012; Muthuri and Gilbert, 2011; Peng et al , 2023; Visser, 2008). Although these studies implicate the importance of integrating formal and informal institutions, case studies that rigorously integrate them to analyse the CSR adoption process, especially with reference to developing Islamic nations, are inadequate.…”

Section: Introductionmentioning

confidence: 99%

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Institutional view of corporate social responsibility in the Iranian context

Ghazinoori,

Sandhu,

Sarker

2024

JABS

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Purpose The purpose of this study is to examine how formal and informal institutions play a role in the Iranian context in shaping corporate social responsibility (CSR) policies and practices. Design/methodology/approach Using a multiple case-study approach combining comparative and cross-sectional methods with semi-structured interviews, primary data was collected from eight corporations that actively participated in CSR activities in Iran. A microanalysis approach was used to examine the meanings and dynamics in the data. Through thematic analysis and pattern-matching techniques, the authors separately examined the roles of formal and informal institutions. Cross-case analysis was used to highlight the cases’ similarities and differences. Findings This study demonstrates that both formal and informal institutional structures exist in Iran and that both types influence CSR. This study also shows that informal institutions (such as personal values, culture, religion, traditions, charity and philanthropy) play a more explicit role than formal institutions (such as legal regulations and laws) in shaping CSR adoption policies and practices. The results indicate that, among institutions linked to CSR, formal and informal institutions are complementary and potentiate each other in Iran. Nevertheless, compared to formal ones, informal institutions play a more prominent role in shaping CSR policies and practices. Research limitations/implications The authors recognize that, although the eight corporations are large, and although they interviewed their key personnel, they do not claim that these findings are generalizable, owing to the qualitative nature of the study and the small number of selected corporations. Originality/value This study makes relevant theoretical and empirical contributions. First, it contributes to the growing body of CSR literature that highlights the necessity of linking informal and formal institutions. Although the CSR literature lacks research on informal institutions in developing economies, researchers have yet to push forward and explore how the CSR adoption process works in developing economies that have influential informal institutions.

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Section: Integration Of Formal and Informal Institutions In Corporate...mentioning

confidence: 88%

Section: Contributionsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Institutional view of corporate social responsibility in the Iranian context

Ghazinoori,

Sandhu,

Sarker

2024

JABS

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“…This multifaceted approach extends further to concepts like institutional logic (Thornton et al, 2015), institutional change (Kingston & Caballero, 2009), institutional complexity (Greenwood et al, 2011), institutional polycentrism (Batjargal et al, 2013), and institutional voids (Doh et al, 2017), all of which contribute to the diverse tapestry of IB research (Rottig, 2016). Together, these approaches enrich the understanding of institutions' impact on IB (Peng et al, 2023), fostering an evolving and intertwined narrative within the field.…”

Section: Introductionmentioning

confidence: 89%

A Scientometric Analysis of Institutions in the International Business Research

Vasconcellos,

Monticelli,

Santos

et al. 2024

Rev. adm. empres.

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This paper explores the co-evolution of international business studies and institutions, employing a scientometric approach and bibliometric review on the application of institutional concepts in international business studies, outlining a research agenda. We compiled a database of 3,520 articles and conducted a scientometric analysis to examine the evolution of the term “institutions” in international business in ABS-ranked journals. Our findings show that (1) over the past two decades, there has been a shift in the use of the term institutions from a political and economic connotation to a sociological perspective to explain how firms adopt strategies, make decisions, and address intra-national problems during the internationalization process; (2) traditional approaches were found to be insufficient in explaining context-dependent events that affect international business; and (3) China has emerged as a critical player in international business studies, which has helped to redirect the focus of institutions from political and economic aspects to the sociological context. Finally, we propose an agenda for future research, highlighting potential pitfalls and remedies.

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“…The debate that institutions matter in the IB and strategy fields has increased in the past two decades, mainly in the emerging markets context (Aguilera and Grøgaard, 2019;Jackson and Deeg, 2008;Monticelli et al, 2018;Nuruzzaman et al, 2020;Peng et al, 2023). Thus, centered on new institutionalism (North, 1990) and conceptualized mostly from the emerging market perspective (Peng, 2002;Peng et al, 2008Peng et al, , 2009, the institutional-based view integrates and extends the isolated contributions of the industry-and resource-based views in the EMNE setting and adds the "third leg" of the "strategy tripod".…”

Section: Literature Review and Theory Development 21 Institution-base...mentioning

confidence: 99%

Feeling the squeeze: EMNEs’ international expansion as a driver of nonmarket political strategy at home

da Silva,

Marcon,

Parente

et al. 2023

EBR

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Purpose The purpose of this study is to investigate the effect of international expansion of emerging markets multinationals (EMNEs) on the home country nonmarket political strategy and why some EMNEs intensify this political tie more than others. Design/methodology/approach We test our theoretical framework using longitudinal data, with 16 years of observations, in Multilatinas and state loans from Brazil, one of the main outward foreign direct investment (OFDI) players in the world and the OFDI leader in Latin America. Findings Theoretically grounded on the institution-based view of strategy, it can be postulated that international expansion is a driver of home country nonmarket political strategy. It can also be hypothesized that political tie intensity is affected by the capacity of EMNEs to deal with international expansion issues without having to depend on relationship with homes country nonmarket political actors. The results provide support for the hypotheses presented. Originality/value This paper contributes to the EMNE internationalization literature by extending the understanding of the underlying motivations and forces shaping the home country nonmarket political strategy of multinationals from emerging markets and, thus, helping understand why some EMNEs tend to be more politically active than others. Likewise, the study contributes to advancing understanding regarding the home country strategic responses adopted by Multilatinas and the forces behind the nonmarket political strategies they employ in their international expansions, especially during turbulent times.

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Toward an institution-based paradigm

Cited by 25 publications

References 235 publications

Institutional view of corporate social responsibility in the Iranian context

Institutional view of corporate social responsibility in the Iranian context

A Scientometric Analysis of Institutions in the International Business Research

Feeling the squeeze: EMNEs’ international expansion as a driver of nonmarket political strategy at home

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