Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy
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| Formato: | Artículo científico |
| Lenguaje: | en |
| Publicado: |
Associação Nacional de Pós-Graduação e Pesquisa em Administração
2007
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| _version_ | 1876438903063314432 |
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| author | Marco Aurélio Lima de Queiroz |
| author_facet | Marco Aurélio Lima de Queiroz |
| contents | Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy Marco Aurélio Lima de Queiroz Flávio Carvalho de Vasconcelos Rafael Guilherme Burstein Goldszmidt Administración y Contabilidad strategy legitimacy institutional theory institutional strategy Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain andmaintain superior returns? The perspective developed within the conceptual framework of the InstitutionalTheory 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, theisomorphic pressures, ceremonial behavior and decoupling, among other elements, that mainstream businessstrategy fails to address directly, but which may have a significant effect on firm performance. We advance thatthese elements must be accounted for in the pursuit and acquisition of economic rents, even if the ability toarticulate them purposefully is constrained by rationality, agency conditions and the manager´s socialembeddedness. 2007 artículo científico 1807-7692 https://www.redalyc.org/articulo.oa?id=84140105 en http://www.redalyc.org/revista.oa?id=841 BAR - Brazilian Administration Review application/pdf Associação Nacional de Pós-Graduação e Pesquisa em Administração BAR - Brazilian Administration Review (Brasil) Num.1 Vol.4 |
| format | Artículo científico |
| id | redalyc_84140105 |
| institution | Redalyc |
| language | en |
| publishDate | 2007 |
| publisher | Associação Nacional de Pós-Graduação e Pesquisa em Administração |
| spellingShingle | Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy Marco Aurélio Lima de Queiroz Administración y Contabilidad strategy legitimacy institutional theory institutional strategy Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy Marco Aurélio Lima de Queiroz Flávio Carvalho de Vasconcelos Rafael Guilherme Burstein Goldszmidt Administración y Contabilidad strategy legitimacy institutional theory institutional strategy Are sources of economic rent, as defined by the prevalent business strategy paradigm, sufficient to attain andmaintain superior returns? The perspective developed within the conceptual framework of the InstitutionalTheory 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, theisomorphic pressures, ceremonial behavior and decoupling, among other elements, that mainstream businessstrategy fails to address directly, but which may have a significant effect on firm performance. We advance thatthese elements must be accounted for in the pursuit and acquisition of economic rents, even if the ability toarticulate them purposefully is constrained by rationality, agency conditions and the manager´s socialembeddedness. 2007 artículo científico 1807-7692 https://www.redalyc.org/articulo.oa?id=84140105 en http://www.redalyc.org/revista.oa?id=841 BAR - Brazilian Administration Review application/pdf Associação Nacional de Pós-Graduação e Pesquisa em Administração BAR - Brazilian Administration Review (Brasil) Num.1 Vol.4 |
| title | Economic Rents and Legitimacy: Incorporating Elements of Organizational Analysis Institutional Theory to the Field of Business Strategy |
| topic | Administración y Contabilidad strategy legitimacy institutional theory institutional strategy |
| url | https://www.redalyc.org/articulo.oa?id=84140105 |