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Comparative Institutional Analysis and Institutional Complexity
Author(s) -
Ahmadjian Christina L.
Publication year - 2016
Publication title -
journal of management studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.398
H-Index - 184
eISSN - 1467-6486
pISSN - 0022-2380
DOI - 10.1111/joms.12178
Subject(s) - multinational corporation , agency (philosophy) , business , affect (linguistics) , face (sociological concept) , institutional theory , key (lock) , economic system , industrial organization , economic geography , economics , management , sociology , finance , ecology , social science , communication , biology
For multinational corporations (MNEs), the ability to navigate institutional complexity is a key to success or failure. MNEs face a complex landscape of national institutional differences in the countries in which they do business, and decisions on how to respond to these differences are very much strategic ones, reflecting agency and management skill. To understand how institutional complexity affects MNE behaviour, it is necessary to examine how institutions vary on a national or societal level and how these affect firm structure and capabilities in both home and host countries.