Changing Institutional Rules

Mark P. Sharfman

91 citations0/0 files storedBusiness & Society

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Management and Organizational Studies Nonprofit Sector and Volunteering Corporate Social Responsibility Reporting

Abstract

Corporate philanthropy is considered to be an integral part of corporate social performance; however, this was not always the case. At one time, the use of corporate funds for philanthropy was illegal. This article uses institutional theory to examine the evolution of corporate philanthropy from its illegal status to the time when it became both legal and expected behavior on the part of business firms. Because institutional rules rarely change as dramatically as did those governing corporate philanthropy, an examination of these changes provides a unique opportunity to begin development of more generalized theory concerning change in the institutional structure of business.

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References

1983The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields 1985Economic Action and Social Structure: The Problem of Embeddedness 1977Institutionalized Organizations: Formal Structure as Myth and Ceremony 2004The iron cage revisited institutional isomorphism and collective rationality in organizational fields 2010Strategic management a stakeholder approach 1967The Social Construction of Reality 1977Handbook of Industrial and Organizational Psychology.1991The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders

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