Institutional Arbitrage: How Actors Exploit Institutional Difference
نویسندگان
چکیده
In this paper, we explore how actors benefit from bringing together incompatible institutional logics – an activity call arbitrage and discuss why they do so despite the challenges it creates. We develop a taxonomy of four basic tactics that are rooted in differences between terms resource valuation, purpose, practices legitimacy. These enable to create benefits by engaging with fields adhering different or integrating other fields. also some factors deploy these particular settings. conclude discussion potential consequences for actors, organizations broader organizational field within which occurs.
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How better informed are the institutional investors?
Article history: Received 7 December 2008 Received in revised form 23 November 2009 Accepted 4 December 2009 Available online 24 December 2009
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ژورنال
عنوان ژورنال: Organization theory
سال: 2022
ISSN: ['2631-7877']
DOI: https://doi.org/10.1177/26317877221090313