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Book part
Publication date: 29 October 2018

Larisa A. Ilyina, Yuliya A. Panteleeva, Dmitriy L. Skipin and Alexandra N. Bystrova

The purpose of this chapter is to study institutional contradictions in the existing concept of institutional economy.

Abstract

Purpose

The purpose of this chapter is to study institutional contradictions in the existing concept of institutional economy.

Methodology

The authors use the methodology of neo-institutional analysis, based on qualitative description and modeling of the process of institutionalization of socioeconomic phenomena and processes, logical analysts of their essence, advantages and drawbacks, and the method of graphical presentation of information (method of formalization).

Results

Graphical interpretation of institutional economy as a social institute on qualitative analysis reflects the determined institutional contradictions of this concept that are related to the dual character of the role of information, violation of the logic of the process of institutionalization, and uncertainty toward information exchange. The authors determine the institutional gaps in the conceptual model of information economy that show a necessity for the development of its methodological provision.

Recommendations

The determined logical mismatches in the model of information economy show nonoptimality of its concept and existence of perspectives, which depicts a necessity for its improvement – which is the main recommendation of the authors.

Book part
Publication date: 23 November 2017

Michael J. Mueller, Guus Hendriks and Arjen H.L. Slangen

In this chapter, we aim to shed more light on the role of formal institutional distance in firms’ foreign entry mode choices by accounting for the direction of that distance…

Abstract

In this chapter, we aim to shed more light on the role of formal institutional distance in firms’ foreign entry mode choices by accounting for the direction of that distance. Specifically, we distinguish between foreign entries where the host country is institutionally less developed than the investing firm’s home country (negative institutional distance) and those where the host country’s institutions are comparatively more developed (positive institutional distance), and explore whether these different types of entries are implemented through different equity-based modes. We take an information economics perspective to develop hypotheses on the effects of positive and negative formal institutional distance on firms’ choices between greenfields and acquisitions, and between full and partial ownership of greenfield and acquired subsidiaries. We test our hypotheses on a sample of 1,070 foreign entries made by 796 emerging market multinationals originating from 14 countries. Controlling for the host country’s formal institutional quality and other factors, we find that negative institutional distance increases the likelihood that a foreign entry takes the form of a greenfield investment rather than an acquisition and that positive institutional distance decreases that likelihood. We also find that negative institutional distance increases the chances that firms choose greenfield joint ventures over wholly owned greenfields and full over partial acquisitions. Finally, we find that positive institutional distance does not affect firms’ ownership stake choices, neither for greenfields nor for acquisitions. Overall, these findings argue for a nuanced, contingency view of the role of formal institutional distance in foreign entry mode choices. To the best of our knowledge, this study is the first to use information economics to construct a holistic picture of firms’ equity-based entry mode choices, taking into account both establishment and ownership modes.

Details

Distance in International Business: Concept, Cost and Value
Type: Book
ISBN: 978-1-78743-718-0

Keywords

Open Access
Book part
Publication date: 29 November 2023

Maryke Hunter-Hüsselmann, Dalene Pieterse and Changu Batisani

This chapter discusses the growing importance of research-related information in the face of increased complexities and competitiveness within higher education environments…

Abstract

This chapter discusses the growing importance of research-related information in the face of increased complexities and competitiveness within higher education environments globally. It provides some reflections on the importance of institutional research cultures to effectively address these challenges, focussing on the African context, and the role of effective research support through institutional structures such as a dedicated research office. The increasingly strategic role of research management has led to the need for a more active and visionary role in the positioning of institutions by supporting decision-making and contributing to the development and visibility of institutional research portfolios. The authors provide their insights into the scope of research-related information, the need for research offices to perform this strategic function, how these information sets can be applied in reports, evidence-based decisions, institutional showcasing, and enhanced research support. The chapter includes aspects to consider when establishing a research-related information management function within institutions.

Book part
Publication date: 23 September 2022

Lee C. Jarvis, Rebekah Eden, April L. Wright and Andrew Burton-Jones

Digital transformations represent an increasingly salient empirical phenomena for institutionalists studying the processes by which institutions evolve, erode, or otherwise…

Abstract

Digital transformations represent an increasingly salient empirical phenomena for institutionalists studying the processes by which institutions evolve, erode, or otherwise change. Yet, there have been few meaningful attempts to engage with insights from the information systems (IS) literature, despite digital innovation and diffusion falling squarely within its domain. This essay makes an initial attempt at integration by offering a two-by-two framework which crosses salient theoretical categories within the IS and institutional literatures. From the former, we draw on concepts of system acceptance and resistance, and from the latter, we draw on concepts of institutional maintenance and change. Each quadrant in our framework represents user responses happening because of, in reaction to, or toward various institutional dynamics. We illustrate each quadrant with data collected as part of a study of digital transformation in the field of public healthcare in Australia. We use our illustrative case to open up research questions which researchers might use to frame their own studies of digital transformations as a form of institutional change. We conclude with a discussion of what other theoretical advances or insights might be yielded from greater collaboration between institutionalists and IS scholars. This essay contributes to the nascent study of digital transformations as a form of institutional change through examining how complementary concepts of the IS and institutional literatures might be used simultaneously to understand the intersection of digital innovation and diffusion and the institutional arrangements governing the fields which they change.

Details

Digital Transformation and Institutional Theory
Type: Book
ISBN: 978-1-80262-222-5

Keywords

Book part
Publication date: 23 September 2022

Robyn King, April L. Wright, David Smith, Alex Chaudhuri and Leah Thompson

We bring together the institutional theory literature on institutional logics and the information systems (IS) literature that conceptualizes a relational view of affordances to…

Abstract

We bring together the institutional theory literature on institutional logics and the information systems (IS) literature that conceptualizes a relational view of affordances to explore the digital changes unfolding in the delivery of professional services. Through a qualitative inductive study of the development of an app led by a clinician manager in an Australian hospital, we investigate how multiple institutional logics shape the design of affordances when an organization develops new digital technologies for frontline professional work. Our findings show how a billing function was designed into the app by the development team over four episodes to afford potential physician users with billing usability, billing acceptability, billing authority and billing discretion. These affordances emerged as different elements of professional, state, managerial and market logics became activated, interpreted, evaluated, negotiated and designed into the digital technology through the team’s interactions with the clinician manager, a hybrid professional, during the app development process. Our findings contribute new insight to the affordance-based logics perspective by deepening understanding of the process through which multiple institutional logics play out in the design of affordances of digital technology. We also highlight the role of hybrid professionals in this digital transformation of frontline professional work.

Details

Digital Transformation and Institutional Theory
Type: Book
ISBN: 978-1-80262-222-5

Keywords

Open Access
Book part
Publication date: 23 September 2022

Henri Schildt

Digital technologies have fundamentally changed organizations, industries, and even the society. Although institutional theory provides rich array of perspectives to both the…

Abstract

Digital technologies have fundamentally changed organizations, industries, and even the society. Although institutional theory provides rich array of perspectives to both the content and dynamics of such changes, research at the intersection of institutional scholarship and digitalization has remained scarce. In this essay, I draw on the institutional logics perspective to elaborate digitalization as involving a new set of interconnected managerial beliefs and norms, organizational practices, and diverse material and social structures that together complement and challenge the established logics in organizations and institutional fields. I draw attention to two central organizing principles in the logic of digitalization: the pursuit of digital omniscience – the efforts to represent and conceive the world through digital data – and digital omnipotence – the efforts to bring activities inside and outside organizations under the control of information systems. I conclude the essay by elaborating how the institutional logics perspective can help understand organization-level efforts to leverage digitalization by incumbent corporations and new digital-native companies.

Book part
Publication date: 27 September 2011

Narjess Boubakri, Olfa Hamza and Maher Kooli

Purpose – Study the firm-level and country-level determinants of US institutional investors' holdings in American Depositary Receipts (ADRs) from emerging…

Abstract

Purpose – Study the firm-level and country-level determinants of US institutional investors' holdings in American Depositary Receipts (ADRs) from emerging markets.

Methodology/approach – We use a sample of 112 firms from emerging markets that listed as ADRs between 1990 and 2005. Rather than adopting the issuer's perspective, we take in this study the point of view of the investor and we focus on the US institutional investors' participation in ADR firms.

Findings – We find that institutional investors hold higher stakes in foreign firms that are listed on more restrictive exchanges, in large, privatized, more liquid, and more transparent firms. Mutual investors and other institutional investors also prefer firms from countries with weaker institutional environments and from civil law legal tradition. Controlling for country-level determinants increases significantly the explanatory power of the model.

Social implications – Our results have important implications for firms from emerging markets seeking to attract foreign institutional investors.

Originality/value of the chapter – We focus on the motivations of investors when they choose to invest in the ADR, rather than on the ADR issuer motivation. In addition, we consider all types of institutional investors that acquire a participation in an ADR firm.

Details

Institutional Investors in Global Capital Markets
Type: Book
ISBN: 978-1-78052-243-2

Keywords

Book part
Publication date: 1 September 2014

Li Wang

Information literacy education plays a vital role in developing students’ information capabilities in higher education. Curriculum integration of information literacy is advocated…

Abstract

Information literacy education plays a vital role in developing students’ information capabilities in higher education. Curriculum integration of information literacy is advocated by ACRL (2000) in the United States and ANZIIL (Bundy, 2004) in Australia and New Zealand. Research (Derakhshan & Singh, 2011; Dixon-Thomas, 2012) suggests that the most effective way to provide information literacy education is to integrate information literacy throughout the curriculum. The purpose of this chapter is to discuss curriculum in higher education and to introduce a model of curricular integration of information literacy.

The curriculum of a university (as one form of higher education) is usually seen as an educational plan to engage learners in the acquisition of knowledge and skills leading to a degree, diploma or certificate. The curriculum can be viewed at various levels, namely: institutional, faculty, programme, course and class levels. Therefore, information literacy can be integrated at different levels: university, faculty, programme, or courses and associated classes. This chapter will explain a model of curriculum integrated information literacy developed by Wang (2010) which was based on sociocultural theories and practitioners’ experiences in information literacy curriculum integration in higher education. Explanations of how to apply it in curriculum integration and curriculum design in higher education will also be provided.

Details

Developing People’s Information Capabilities: Fostering Information Literacy in Educational, Workplace and Community Contexts
Type: Book
ISBN: 978-1-78190-766-5

Keywords

Book part
Publication date: 3 July 2018

Sajida Hasan Shroff and Daniel Kratochvil

An inherent challenge within the United Arab Emirates (UAE) higher education sector is the absence of both comprehensive system of data collection and consistency in the use of…

Abstract

An inherent challenge within the United Arab Emirates (UAE) higher education sector is the absence of both comprehensive system of data collection and consistency in the use of indictors among a variety of collection projects. At the root of this distributed system is a federal arrangement with two levels of government potentially involved in licensing and supervision combined with a series of academic “free zones” that can have unique or limited regulatory controls. As a result, there is a very limited systematic collection of institutional data in the country’s dynamic higher education sector, which hampers the alignment of planning activities and reduces the ability of institutions to benchmark performance with peers. To address this issue, an ambitious attempt to consolidate higher education data collection in the UAE is being developed by the Ministry of Higher Education and Scientific Research through the creation of Centre for Higher Education Data and Statistics (CHEDS). Combining the best international practices and an inclusive stakeholder-focused approach, CHEDS designed a system to collect raw data from institutions and then convert this data into a set of indicators with the potential for distribution to the public. The critical element for developing a truly comprehensive system is the degree to which international branch campuses of foreign institutions voluntarily participate, for these institutions tend to be located in the free zones and are therefore outside the jurisdiction of the central government ministry overseeing the CHEDS. If successful in recruiting these institutions, CHEDS has the potential to create a truly cooperative system of data collection that should be regionally replicated or even expanded to encompass other countries within the Gulf Cooperation Council.

Details

Cross-nationally Comparative, Evidence-based Educational Policymaking and Reform
Type: Book
ISBN: 978-1-78743-767-8

Keywords

Open Access
Book part
Publication date: 1 October 2018

Susanne Sackl-Sharif, Eva Goldgruber, Julian Ausserhofer, Robert Gutounig and Gudrun Reimerth

The 2013 Central European floods were not only one of the most severe natural disasters in Austria in the last decades, but also constituted a landmark in crisis communication…

Abstract

The 2013 Central European floods were not only one of the most severe natural disasters in Austria in the last decades, but also constituted a landmark in crisis communication. For the first time, social media and online newspapers were important news channels, creating a need for new crisis communication strategies. Based on 20 semi-structured interviews and an analysis of online data, we reconstruct in this chapter the online communication of different stakeholders such as the authorities, rescue organisations and journalists during this emergency situation. The study shows that the use of social media was a weak point in official crisis communication. Through detailed analyses of information flows and the requirements of different stakeholders, the study reveals new challenges and possibilities for crisis communication in the digital age.

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