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文章基本信息

  • 标题:Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy
  • 本地全文:下载
  • 作者:Marco Aurélio Lima de Queiroz ; Flávio Carvalho de Vasconcelos ; Rafael Guilherme Burstein Goldszmidt
  • 期刊名称:BAR - Brazilian Administration Review
  • 印刷版ISSN:1807-7692
  • 电子版ISSN:1807-7692
  • 出版年度:2007
  • 卷号:4
  • 期号:1
  • 页码:51-65
  • 语种:English
  • 出版社:Associação Nacional de Pós-Graduação e Pesquisa em Administração
  • 其他摘要:Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain and maintain superior returns? The perspective developed within the conceptual framework of the Institutional Theory may offer managers a contribution towards understanding the strategy process and its potentialities, particularly by stressing the leading role played by legitimacy, the influence of many institutional spheres, the isomorphic pressures, ceremonial behavior and decoupling, among other elements, that mainstream business strategy fails to address directly, but which may have a significant effect on firm performance. We advance that these elements must be accounted for in the pursuit and acquisition of economic rents, even if the ability to articulate them purposefully is constrained by rationality, agency conditions and the manager´s social embeddedness.
  • 关键词:strategy; institutional theory; legitimacy; institutional strategy
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