Implications of Comparative Institutional Analysis for Firm-Level Strategic Governance

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2013-07-18
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Abstract
In this thesis I explore implications of comparative institutional analysis (CIA), embodied in internalization and transaction cost economics (TCE) theories, for firm-level strategic governance. I investigate applications of CIA to various governance forms, namely the family firm, the multidivisional corporation, and the multinational enterprise. Further, I explore how CIA explains strategic governance decisions related to a range of contemporary phenomena in international business and strategic management, such as regionalization, emerging economy multinationals, trading favours and sustainability. My thesis includes eight essays representing conceptual and empirical applications of CIA to the above subject matter. More specifically, the eight studies address: 1) the properties of internalization theory as a general theory of international strategic management; 2) internalization theory treatment of the regionalization phenomenon as compared to alternative theoretical frameworks; 3) application of internalization theory in the emerging economy context; 4) extension and refinement of TCE behavioural assumptions in the context of a multidivisional industrial enterprise; 5) analysis of family firm-type governance from a TCE perspective; 6) application of TCE to investigate determinants of longevity and survival of family-type governance; 7) application of TCE to explore comparative efficiency of trading favours; and 8) application of CIA to strategic governance challenges in the context of corporate sustainability. I conclude that CIA provides a valuable conceptual lens to explicate the essence of strategic governance; I hope that this dissertation has laid a foundation for a unified CIA approach that brings together various streams of literature, namely work in the realm of international business, strategic management, entrepreneurship and sustainability.
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Citation
Kano, L. (2013). Implications of Comparative Institutional Analysis for Firm-Level Strategic Governance (Doctoral thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca. doi:10.11575/PRISM/26472