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Full-Text Articles in Business

Corporate Governance Reform As Institutional Innovation: The Case Of Japan, Toru Yoshikawa, Lai Si Tsui-Auch, Jean Mcguire Nov 2007

Corporate Governance Reform As Institutional Innovation: The Case Of Japan, Toru Yoshikawa, Lai Si Tsui-Auch, Jean Mcguire

Research Collection Lee Kong Chian School Of Business

To address the convergence-divergence debate in corporate governance, we conduct a multiple-case, multiple-level study to analyze the diffusion of governance innovation in Japan. We argue that Japanese systems of corporate governance neither fully converge to, nor completely diverge from, the Anglo-American model. Rather, Sony-the pioneer of corporate governance reforms-and its followers selectively adopted features from this model, decoupled them from the original context, and tailored them to fit to their own situations to generate governance innovation. However, we find that the spread of innovation across firms and institutional levels is far from linear and straightforward, and that other well-regarded firms …


The Effect Of Funding Changes On Public Sector Non-Profit Organisations: The Case Of Bushcare Nsw, Katie Lazarevski, H. J. Irvine, Sara Dolnicar Sep 2007

The Effect Of Funding Changes On Public Sector Non-Profit Organisations: The Case Of Bushcare Nsw, Katie Lazarevski, H. J. Irvine, Sara Dolnicar

Faculty of Commerce - Papers (Archive)

Research into non-profit organisations abounds, but public sector non-profit organisations have been neglected. Recent funding incentives have led to significant changes in the market environment for such organisations. This study describes market changes and explores the reactions of one environmental public sector non-profit organisation, Bushcare NSW, to these changes. This paper contends that, within this institutional environment, non-profit organisations more successful in attracting large amounts of external funding have better administrative structures in place, whereas those less successful find themselves confronted with burdensome administrative duties. Neo-institutional theory provides a theoretical basis for this empirical investigation. Funding changes have had a …


The Legitimising Power Of Regulation For Australian Banks: An Institutional Approach, H. Deo, Hemant J. Irvine, A. Abraham Jul 2007

The Legitimising Power Of Regulation For Australian Banks: An Institutional Approach, H. Deo, Hemant J. Irvine, A. Abraham

Faculty of Commerce - Papers (Archive)

The history of the Australian banking system has been one of a striving for legitimacy, against a cycle of boom, bust and public antagonism. Despite a series of banking inquiries and ensuing regulatory reform, banks continue to announce unexpected results. Over the past 15 years, each of the four major Australian banks, while complying with the increasingly stringent requirements of regulatory bodies, reported at least one major financial blunder. An institutional perspective demonstrates that rules and regulations play a powerful legitimising role in assisting banks to maintain their public image in the face of such disasters.


Assimilation Of Enterprise Systems: The Effect Of Institutional Pressures And The Mediating Role Of Top Management, Huigang Liang, Nilesh Saraf, Qing Hu, Yajiong Xue Mar 2007

Assimilation Of Enterprise Systems: The Effect Of Institutional Pressures And The Mediating Role Of Top Management, Huigang Liang, Nilesh Saraf, Qing Hu, Yajiong Xue

Qing Hu

We develop and test a theoretical model to investigate the assimilation of enterprise systems in the post-implementation stage within organizations. Specifically, this model explains how top management mediates the impact of external institutional pressures on the degree of usage of enterprise resource planning (ERP) systems. The hypotheses were tested using survey data from companies that have already implemented ERP systems. Results from partial least squares analyses suggest that mimetic pressures positively affect top management beliefs, which then positively affects top management participation in the ERP assimilation process. In turn, top management participation is confirmed to positively affect the degree of …


Corporate Creep: An Institutional View Of Consultancies In A Non-Profit Organisation, H. J. Irvine Mar 2007

Corporate Creep: An Institutional View Of Consultancies In A Non-Profit Organisation, H. J. Irvine

Faculty of Commerce - Papers (Archive)

Professional consultants play a role in mobilising the “creep” of corporate practices from the for-profit sector, through the public sector and into the nonprofit sector. As well as legitimising these practices, consultancies illustrate the power of professional groups to institute change across sectors. In spite of this, the proliferation of consultancies is under-researched, particularly in the increasingly sophisticated nonprofit sector. In one year, one religious/charitable organisation (RCO) commissioned no fewer than five consultancies. This study provides insights about the process by which the consultancies were commissioned, conducted and adopted as RCO grappled with the applicability of corporate practices and its …


New Practice Creation: An Institutional Approach To Innovation, Michael Lounsbury Jan 2007

New Practice Creation: An Institutional Approach To Innovation, Michael Lounsbury

michael lounsbury

Neoinstitutionalists have developed a rich array of theoretical and empirical insights about how new practices become established via legitimacy and diffusion, but have paid scant attention to their origins. This blind spot has been reinforced by recent work on institutional entrepreneurship which has too often celebrated the actions of a single or small number of actors, and deflected attention away from the emergent, multilevel nature of how new kinds of activities emerge and provide a foundation for the creation of a new practice. In this paper, we examine the case of the creation of active money management practice in the …


A Tale Of Two Cities: Competing Logics And Practice Variation In The Professionalizing Of Mutual Funds, Michael Lounsbury Jan 2007

A Tale Of Two Cities: Competing Logics And Practice Variation In The Professionalizing Of Mutual Funds, Michael Lounsbury

michael lounsbury

This article examines practice diffusion in an environment where competing logics exist, specifically investigating how trustee and performance logics that were rooted in different locations (Boston and New York) led to variation in how mutual funds established contracts with independent professional money management firms. This focus on competing logics redirects institutional research away from isomorphism and the segregation of institutional and technical forces and toward an appreciation of how multiple forms of rationality underlie change in organizational fields. Implications for the dominant two-stage institutional model of diffusion and for research on institutions, organizations, and professions are discussed.


Institutional Dynamics In It Markets: Extending The Concept Of Organizing Visions For It Innovations, Evgeny Kaganer Jan 2007

Institutional Dynamics In It Markets: Extending The Concept Of Organizing Visions For It Innovations, Evgeny Kaganer

LSU Doctoral Dissertations

The concept of organizing visions for IT innovations, introduced by Swanson and Ramiller, offers a valuable analytical lens to examine institutional dynamics underlying diffusion of complex information technology (IT) innovations at the inter-organizational level of analysis. Several aspects of the organizing vision framework, however, warrant further elaboration. In this thesis, two such aspects are addressed. First, the process of organizing vision production and evolution is elucidated in more detail and embedded in the broader context of industry meaning structures. To this end, a process-oriented model is presented delineating how the development of an organizing vision is enabled and constrained by …