Advancing Nonmarket Strategy Research: Institutional Perspectives in a Changing World

Doh, Jonathan P.; Lawton, Thomas C.; Rajwani, Tazeeb

doi:10.5465/amp.2012.0041

Cited by 310 publications

(329 citation statements)

References 81 publications

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“…For instance, while research has demonstrated that business groups can compensate for missing institutions by internalizing capital, labor and product markets (Fisman & Khanna, 2004;Elango & Pattniak, 2007;Khanna & Palepu, 2010;Doh, Lawton, & Rajwani, 2012), other approaches may also be useful in this regard. For example, firms can substitute for missing institutions through such means as reliance on a trusted network to mitigate risks (Landa, 2016), or develop close business-state relationships to facilitate access to otherwise scarce resources.…”

Section: Need For Further Researchmentioning

confidence: 99%

International business responses to institutional voids

et al. 2017

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For nearly two decades, scholars in international business and management have explored the implications of institutional voids for firm strategy and structure. Although institutional voids offer both opportunities and challenges, they have largely been associated with firms' efforts to avoid or mitigate institutional deficiencies and reduce the transaction costs associated with operating in settings subject to those institutional shortcomings. The goal of this special issue is to advance scholarship on this topic by (a) exploring institutional voids that are new to the literature, (b) providing a deeper assessment of the different ways in which firms respond to these voids, and (c) utilizing diverse disciplines and theoretical approaches to do so. In this introduction, we first review and synthesize extant research on institutional voids, tracking the evolution of institutional void scholarship since the inception of the concept (Khanna & Palepu, Journal of Economic Literature, 45(2):331-372, 1997) and providing our perspective on its contributions and limitations. We then summarize the contributions of the articles included in this special issue. In addition to identifying an array of institutional voids -economic and social -the articles highlight four different strategies for responding to them: internalization, substitution, borrowing and signaling. Drawing on these, we develop new insights on the implications of institutional voids for firm behavior. We conclude with suggestions for future research.

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Section: Need For Further Researchmentioning

confidence: 99%

International business responses to institutional voids

et al. 2017

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“…Ademais, embora não tenham sido colhidas evidências de questões envolvendo o problema de confiança (Gulati, Lavie, & Singh, 2009;Prashant & Harbir, 2009), é possível supor que esta seja uma questão preponderante no processo de estratégias políticas, em função do componente externo à firma. Desta maneira, alguns mecanismos de aumento de confiança análogos aos dos propostos para alianças estratégicas, como o desenvolvimento de capacitações específicas (Doh, Lawton, & Rajwani, 2012;Prashant & Harbir, 2009), possivelmente, devem ser observados no processo de estratégias políticas.…”

Section: Discussionunclassified

Formulação e Execução de Estratégias Políticas no Setor de Etanol: Um Modelo Processual

2014

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Conquanto a importância das estratégias políticas para a sobrevivência e desempenho das organizações, parcos são os estudos que focam efetivamente os processos que as empresas utilizam no que concerne tais estratégias. Sob essa ótica que foi conduzido este estudo qualitativo com análise de conteúdo por categorização, para tanto, utilizando-se dados de entrevistas com tomadores de decisão sobre estratégias políticas em empresas de etanol, bem como dados secundários sobre o setor e a atuação política das empresas analisadas. Com base nos dados, este artigo sugere um modelo para o processo de formulação e execução de estratégias políticas, discutindo, em termos teóricos, as especificidades desse processo. Entre as peculiaridades do processo de formulação e execução de estratégias políticas estão volume de atividades realizadas no âmbito externo à firma, a prevalência de ações coletivas e a complexidade em apurar os resultados da implementação das estratégias políticas.

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“…Recent studies examine a wider range of political or nonmarket strategies that firms use to influence decision makers in governments and parliaments (Akbar & Kisilowski, 2015;Doh, Lawton, & Rajwani, 2012;Hillman & Wan, 2005;Li et al, 2013c). Such strategies are particularly important in emerging economies where governments frequently intervene in business affairs, or are responsive to lobbying by influential groups.…”

Section: Institutions As Pressures For Legitimacy Organization Theormentioning

confidence: 99%

Theoretical Foundations

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Engineering Satellite‐Based Navigation and Timing

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Advancing Nonmarket Strategy Research: Institutional Perspectives in a Changing World

Cited by 310 publications

References 81 publications

International business responses to institutional voids

International business responses to institutional voids

Formulação e Execução de Estratégias Políticas no Setor de Etanol: Um Modelo Processual

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