Varieties of institutional systems: A contextual taxonomy of understudied countries

被引:229
作者
Fainshmidt, Stay [1 ]
Judge, William Q. [2 ]
Aguilera, Ruth V. [3 ,5 ]
Smith, Adam [4 ]
机构
[1] Florida Int Univ, Dept Management & Int Business, Coll Business, Miami, FL 33174 USA
[2] Old Dominion Univ, Dept Management, Strome Coll Business, Norfolk, VA 23529 USA
[3] Northeastern Univ, Dept Int Business, DAmore McKim Sch Business, Boston, MA 02115 USA
[4] Arkansas State Univ, Coll Business, Dept Management & Mkt, Jonesboro, AR 72401 USA
[5] Univ Ramon Lull, ESADE Business Sch, Barcelona, Spain
关键词
Institutional context; Varieties of institutional systems; Understudied regions; Varieties of capitalism; National business systems; FOREIGN DIRECT-INVESTMENT; CORPORATE GOVERNANCE; MANAGEMENT RESEARCH; BUSINESS SYSTEMS; POLITICAL-ECONOMY; MARKET ECONOMIES; STOCK EXCHANGES; CAPITALISM; STRATEGIES; ORGANIZATION;
D O I
10.1016/j.jwb.2016.05.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
We advance a new theoretical framework to capture the diverse and unique institutional context of understudied economies in Africa, Middle East, East Europe, Latin America, and Asia. Our framework encompasses the configurational context encapsulated by state, financial markets, human capital, social capital, and corporate governance institutions operating in these regions. Using qualitative data solicited from experts to compile the institutional profiles of 68 economies, we identify seven types of institutional systems. Ultimately, we offer a more comprehensive and up-to-date taxonomy of the national institutional context operating throughout the global economy. We call this taxonomy "Varieties of Institutional Systems." (C) 2016 Elsevier Inc. All rights reserved.
引用
收藏
页码:307 / 322
页数:16
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