Handbook of Institutional Approaches to International Business
Show Less

Handbook of Institutional Approaches to International Business

  • Elgar original reference

Edited by Geoffrey Wood and Mehmet Demirbag

Expertly written by leading scholars from a range of different starting points, this compendium presents a synthesis of recent work relating to institutionally-informed accounts from transitional and emerging markets, as well as from mature economies. It specifically focuses on the linkage between institutions and what goes on inside firms, and the relationship between setting, strategic choice and systemic outcomes.
Buy Book in Print
Show Summary Details

Chapter 6: Constitutive Contexts: The Myth of Common Cultural Values

Brendan McSweeney

Extract

6 Constitutive contexts: the myth of common cultural values Brendan McSweeney* 6.1 INTRODUCTION A major contribution of institutional theory has been to stress that markets, organizations and individuals are deeply and essentially embedded in institutionalized contexts which do not merely influence and regulate, but also constitute (Meyer et al. 1994). The conceptualizations of such contexts vary along a number of continua including: homogeneous–heterogeneous; closed–open; static–dynamic; constraining–enabling. The processes which shape and change institutions (relatively self-activating designs for chronically repeated social activities) are complex and contested. There is no agreed account (Campbell and Pedersen 2001). Descriptions of the degree, indeed the nature, of agency exercisable in the construction, continuity, change and consequences of institutions also vary. There is a fundamental distinction between the description of the properties and consequences of institutions, and institutionalization – the processes of such attainment (Jepperson 1991). The former is the object of much consideration, especially within the comparative political economy literature (Crouch 2005; Deeg and Jackson 2007; Lane and Wood 2009; Streeck and Thelen 2005, for instance). But institutionalization, the source(s) of, the explanations for institutions, has however not received quite as much attention. A sample of theoretical presuppositions in such explanations includes: a manifestation of domination (by class or other elites) (Dahrendorf 1958; Hancke et al. 2007); a reflection of conditions appropriate for efficiency (Williamson 1975; Hall and Soskice 2001); and an expression of deep-seated psychological orientations (Mead 1953; Hofstede et al. 2010). This chapter considers the latter position by examining...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.


Further information

or login to access all content.