Institutional Theory

This chapter investigates the term institutions and institutional theory itself. It explores the boundaries of institutional thought by delving into the conceptualization of institutions and the diverse landscape of institutional theory. The chapter engages in a broader examination of the literature on institutions, emphasizing the various ׳approaches׳ to institutional theory and underscoring how these approaches shape the theorized impact of institutions. The contention is that specific institutional approaches offer distinctive theoretical perspectives for comprehending the institutional environment and analyzing their potential influence.