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An Institutional Theory View of the Family Business

Year: 2005

Type: article

Abstract: This article discusses the organizational forces common to the family business from the perspective of institutional theory. Both “old” and “new” institutionalism add useful perspectives for the analysis of family businesses. “Old” institutionalism encourages the study of structural change as a result of environmental pressures. “New” institutionalism focuses on the symbolic nature of organizations. Propositions regarding elements of these theories of institutional theory in a family business context are offered. Parallels between institutional theory and family systems theory are discussed.

Source: Family Business Review

DOI: 10.1111/j.1741-6248.2005.00043.x

Author: John Leaptrott

Institution: Georgia Southern University

Language: English

Topic: Family Business Performance and Succession

Subfield: Organizational Behavior and Human Resource Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2091361344

FWCI: 4.668

Cites: 39

Cited by: 131

Related to: 10