Institutional Upheaval and Company Transformation in Emerging Market Economies

Karen L. Newman

No 119, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: Company transformation in central Europe is qualitatively different from that observed in the West because of upheaval in the institutional environment. Case data from &= in the Czech Republic suggest that institutional upheaval slows the pace and progress of company transformation because it exacerbates structural inertia effects; eliminates templates for organizing; and promotes strategic confusion. At the same time, inter-organizational and interpersonal relationships facilitate company transformation during institutional upheaval.

Keywords: organizational transformation; institutional theory; emerging market economies (search for similar items in EconPapers)
Pages: pages
Date: 1998-03-01
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Persistent link: https://EconPapers.repec.org/RePEc:wdi:papers:1998-119

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