Institutions, Organizations and Enterprise: Their Co-Evolution

Chong Choi, Brian Hilton and Carla Millar

Chapter 4 in Emergent Globalization, 2004, pp 43-59 from Palgrave Macmillan

Abstract: Abstract Before addressing the essential issue of corporate governance in the information age we will explain how the co-evolutionary dynamics of the relationship between institutions and enterprise play out. We will construct a model of the process, taking care not to confuse – as is often done – institutions with organizations. We distinguish the two and see institutions as the rules of the system, for example the rule of law,1 and organizations as supporting the institutions, for example the high courts of justice which are created by so-called ‘secondary laws’.

Keywords: Stock Market; Corporate Governance; Informal Institution; Business System; Educational Organization (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28743-3_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230287433

DOI: 10.1057/9780230287433_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().