Legitimacy, interest group pressures, and change in emergent institutions: The case of foreign investors and host country governments

• 成果类型: Review
• 署名作者: Henisz, WJ; Zelner, BA
• 署名单位: University of Pennsylvania; Georgetown University
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• DOI: 10.5465/AMR.2005.16387892
• 发表日期: 2005
• 页码: 361-382
• 关键词: OPERATING PERFORMANCE; Macroeconomic policy; Bargaining power; PRIVATIZED FIRMS; TRANSFORMATION; COMMITMENT; DISCRETION; POLITICS; CHOICE; REFORM

摘要

We offer a simple model of policy making, emphasizing socialization and limits on human cognition to explicate mechanisms of change in emergent (as opposed to established) institutions. Emergent institutions are more susceptible to change, and their opponents may use frames or existing reference points to illustrate inconsistency with prevailing notions of legitimacy. Broader institutional structures and specific organizational characteristics moderate pressure for change. This perspective has novel implications for strategy and policy design.