Pioch, Elke; Gerhard, Ulrike; Fernie, John; Arnold, … - 2009
uses the macro-constructs of institutional theory to interpret and conceptualise micro-level consumer data. Data were …, the institutional theory approach to explaining Wal-Mart's problems clearly foreshadows market failure and exit. In UK … be established. The constructs of institutional theory were more likely to predict and explain market failure than …