Corruption poisons corporations in America and around the world and has devastating consequences for the entire social fabric. In this paper, we review the main studies on corruption in different "societies of organizations," and suggest that further research needs to be done on the genesis of...

This study directly tests how, to what extent, and in what ways different institutional levels influence organizational action. It responds to the call for multi-level research in institutional theory, as prior research has mostly focused on studying one level of analysis. We examine how...

A common finding in research on mergers and acquisitions (M&As) is that these deals fail during integration in part due to a lack of connectivity with regard to the human side of merging organizations. A dilemma is that employees from the merging firms need to learn how to work together in the...

This paper analyzes corporate governance systems in five Latin American countries: Argentina, Brazil, Chile, Colombia and Venezuela. We account for the broader institutional environment by explaining changes over time as well as existing corporate governance systems. We use a stakeholder...

This paper analyzes data on the largest mergers and acquisition (M&A) announcements in the 1990s and the contextual factors that determine their completion or withdrawal. Drawing on institutional theory, we argue that the completion of an M&A is more likely to the extent that the institutional...

Mergers and acquisitions lead to important changes in corporate governance including the constitution of a new board of directors and top management team (TMT). While there exists substantive research on TMT behavior of acquired firms, we know relatively little about the factors influencing...

Corporate governance lies at the heart of contemporary debates over internationalization and varieties of capitalism. Despite this growing attention to cross-national diversity, a unified comparative framework remains elusive. This article develops a theoretical model to describe and explain...

Multinational corporations, especially those with headquarters in the U.S., are often singled out as the flagship of globalization. Empirical research on the internationalization trends of U.S. MNCs' subsidiaries shows mixed findings regarding the rationale for the choice of foreign location. In...

This paper undertakes a comparative and historical analysis of the subsidiaries of a large US oil multinational to examine how each subsidiary reacted to nationalist policies by different types of political regimes, host country regime changes, and the relationship of the host country government...

This paper provides a multi-level theoretical model to understand why business organizations are increasingly engaging in corporate social responsibility (CSR) initiatives, and thereby exhibiting the potential to exert positive social change. Our model integrates theories of micro-level...