Quotation Miska, Christof, Szöcs, Ilona, Schiffinger, Michael. 2018. The Nexus between Formal and Informal Institutional Influences and its Effects on Corporate Sustainability Practices. Susilo Symposium 2018, Beijing, China, 09.06-10.06.


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Abstract

We aim to analyze and empirically test the interlinkages between formal and informal – in particular culture – institutional influences on companies’ economic, social, and environmental sustainability practices. Drawing on institutional and culture research as well as on the respective developments in these areas, we analyze institutional and cultural effects on firms’ corporate sustainability practices based on a large-scale sample of companies globally. Preliminary exploratory findings indicate that both formal and informal institutional influences have a similar effect on companies’ social and environmental but none on economic sustainability practices. Two of the included culture dimensions (power distance and uncertainty avoidance) interact with formal institutional influences in their effects on corporate sustainability practices. This leads to important implications for theory development related to the nexus between formal and informal institutional elements like the need to consider the types of effects and their interrelations as well as the levels of analysis at which these effects are studied.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title The Nexus between Formal and Informal Institutional Influences and its Effects on Corporate Sustainability Practices
Event Susilo Symposium 2018
Year 2018
Date 09.06-10.06.
Country China
Location Beijing
URL http://conf.scholarset.com/meeting/details?fid=24&locale=en_US

Associations

People
Miska, Christof (Details)
Szöcs, Ilona (Former researcher)
Schiffinger, Michael (Details)
Organization
Interdisciplinary Institute for Management and Organizational Behavior IN (Details)
International Marketing Management IN (Details)
International Business (Details)
Competence Center for Empirical Research Methods WE (Details)
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