Setting Your Own Standards: Internal Corporate Governance Codes as a Response to Institutional Pressure
References
- (2004) Codes of good governance worldwide: What's the trigger? Organ. Stud. 25(3) 415–443.Crossref, Google Scholar
- (2009) Codes of good governance. Corporate Governance: Internat. Rev. 17(3) 376–387.Crossref, Google Scholar
- (2008) An organizational approach to comparative corporate governance: Costs, contingencies, and complementarities. Organ. Sci. 19(3) 475–492.Link, Google Scholar
- (2004) Corporate governance reform in Japan and South Korea: Two paths of globalization. . Working paper, Center on Japanese Economy and Business, Columbia Business School, Columbia University, New York.Google Scholar
- (2005) Evolving sustainably: A longitudinal study of corporate sustainable development. Strategic Management J. 26(3) 197–218.Crossref, Google Scholar
- (2007) Institutional emergence in an era of globalization: The rise of transnational private regulation of labor and environmental conditions. Amer. J. Sociol. 113(2) 297–351.Crossref, Google Scholar
- (2001) The corporate governance behavior and market value of Russian firms. Emerging Markets Rev. 2(2) 89–108.Crossref, Google Scholar
- (2006) Corporate governance indices and firms' market values: Time series evidence from Russia. Emerging Markets Rev. 7(4) 361–379.Crossref, Google Scholar
- (2006) Nonmarket strategy performance: Theory and evidence from U.S. electric utilities. Acad. Management J. 49(6) 1209–1228.Crossref, Google Scholar
- (2006) MNC codes of conduct: CSR or corporate governance? . Working paper, ICCSR Research Paper Series, University of Nottingham, Nottingham, UK.Google Scholar
- (2008) Isomorphism, diffusion and decoupling. , Greenwood R., Oliver C., Sahlin K., Suddaby R., eds. The SAGE Handbook of Organizational Institutionalism. (Sage, London) , 78–98.Crossref, Google Scholar
- (2002) The Organization of Hypocrisy: Talk, Decisions, and Actions in Organizations, 2nd ed. (Abstrakt Liber, Oslo, Norway) .Google Scholar
- Brunsson N., Jacobsson B. (2000) A World of Standards. (Oxford University Press, Oxford, UK) .Google Scholar
- (1993) Adoption and abandonment of matrix management programs: Effects of organizational characteristics and interorganizational networks. Acad. Management J. 36(1) 106–138.Crossref, Google Scholar
- (1982) Toward a Structural Theory of Action: Network Models of Social Structure, Perception and Action. (Academic Press, New York) .Crossref, Google Scholar
- (2003) The United States' race to certify sustainable forestry: Non-state environmental governance and the competition for policy-making authority. Bus. Politics 5(3) 219–259.Crossref, Google Scholar
- (2005) Keeping Better Company: Corporate Governance Ten Years On. (Oxford University Press, Oxford, UK) .Google Scholar
- (2005) Understanding strategic responses to institutional pressures. J. Bus. Res. 58(9) 1205–1213.Crossref, Google Scholar
- (2011) More than adopters: Competing influences in the interlocking directorate. Organ. Sci. 22(3) 688–703.Link, Google Scholar
- (1983) Managerial values and corporate codes of ethics. Calif. Management Rev. 25(4) 53–77.Crossref, Google Scholar
- (1991) Isomorphism and external support in conflicting institutional environments: A study of drug abuse treatment units. Acad. Management J. 34(3) 636–661.Crossref, Google Scholar
- (1991) Agents without principles? The spread of the poison pill through the intercorporate network. Admin. Sci. Quart. 36(4) 583–613.Crossref, Google Scholar
- (2005) New directions in corporate governance. Annual Rev. Sociol. 31 143–162.Crossref, Google Scholar
- (1997) Corporate elite networks and governance changes in the 1980s. Amer. J. Sociol. 103(1) 1–37.Crossref, Google Scholar
- (1983) The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. Amer. Sociol. Rev. 48(2) 147–160.Crossref, Google Scholar
- (2006) Introduction: A world of governance: The rise of transnational regulation. , Djelic M.-L., Sahlin-Andersson K., eds. Transnational Governance: Institutional Dynamics of Regulation. (Cambridge University Press, New York) , 1–28.Crossref, Google Scholar
- (2001) Russian business: Black on white. Ekspert (June 18). . [In Russian.] Google Scholar
- (2005) To steal or not to steal: Firm attributes, legal environment, and valuation. J. Finance 60(3) 1461–1493.Crossref, Google Scholar
- (2008) The corporate governance role of the media: Evidence from Russia. J. Finance 63(3) 1093–1135.Crossref, Google Scholar
- (1992) Legal ambiguity and symbolic structures: Organizational mediation of civil rights law. Amer. J. Sociol. 97(6) 1531–1576.Crossref, Google Scholar
- (1997) The legal environments of organizations. Annual Rev. Sociol. 23 479–515.Crossref, Google Scholar
- (2001) Standards across borders: Adoption of the arm's length standard in North America, 1917–97. Accounting, Organ. Soc. 26(1) 1–23.Crossref, Google Scholar
- (2001) Social influence and corporate behavior: A case study of interdependent decision-making in Sweden's publicly traded firms. Eur. Sociol. Rev. 17(4) 389–399.Crossref, Google Scholar
- (2006) Institutionalizing codes of governance. Amer. Behav. Scientist 49(7) 961–973.Crossref, Google Scholar
- (2010) The role of analogy in the institutionalization of sustainability reporting. Organ. Sci. 21(5) 1092–1107.Link, Google Scholar
- (2004) The stock market reaction to the introduction of best practices codes by Spanish firms. Corporate Governance: Internat. Rev. 12(1) 29–46.Crossref, Google Scholar
- (2003) Governance, organizational capabilities, and restructuring in transition economies. J. World Bus. 38(4) 331–347.Crossref, Google Scholar
- (2008) Institutions and corporate governance. , Greenwood R., Oliver C., Sahlin K., Suddaby R., eds. The SAGE Handbook of Organizational Institutionalism. (Sage, London) , 389–410.Crossref, Google Scholar
- (2004) The diffusion of ideas over contested terrain: The (non)adoption of a shareholder value orientation among German firms. Admin. Sci. Quart. 49(4) 501–534.Crossref, Google Scholar
- (1985) The spread of the multidivisional form among large firms, 1919–1979. Amer. Sociol. Rev. 50(3) 377–391.Crossref, Google Scholar
- (1988) A model of CEO dismissal. Acad. Management Rev. 13(2) 255–270.Crossref, Google Scholar
- (1997) An urban grants economy revisited: Corporate charitable contributions in the Twin Cities, 1979–81, 1987–89. Admin. Sci. Quart. 42(3) 445–471.Crossref, Google Scholar
- (2002) Institutional entrepreneurship in the sponsorship of common technological standards: The case of Sun Microsystems and Java. Acad. Management J. 45(1) 196–214.Crossref, Google Scholar
- (2002) Modeling and measuring Russian corporate governance: The case of Russian preferred and common shares. . Working Paper 278, Yale School of Management, New Haven, CT.Google Scholar
- (1996) Matrix Computations, 3rd ed. (John Hopkins University Press, Baltimore) .Google Scholar
- (2006) Does compliance with the German Corporate Governance Code have an impact on stock valuation? An empirical analysis. Corporate Governance: Internat. Rev. 14(5) 432–445.Crossref, Google Scholar
- (1996) Organizational discretion in responding to institutional practices: Hospitals and cesarean births. Admin. Sci. Quart. 41(1) 1–28.Crossref, Google Scholar
- (1994) Institutional pressures and strategic responsiveness: Employer involvement in work-family issues. Acad. Management J. 37(2) 350–382.Crossref, Google Scholar
- (2005) The role of oligarchs in Russian capitalism. J. Econom. Perspect. 19(1) 131–150.Crossref, Google Scholar
- (1998) When do interlocks matter?: Alternate sources of information and interlock influence. Admin. Sci. Quart. 43(4) 815–844.Crossref, Google Scholar
- (1993) Follow the leader: Mimetic isomorphism and entry into new markets. Admin. Sci. Quart. 38(4) 593–627.Crossref, Google Scholar
- (1979) Sample selection bias as a specification error. Econometrica 47(1) 153–161.Crossref, Google Scholar
- (2007) Corporate governance codes and their contents: An analysis of Eastern European codes. J. East Eur. Management Stud. 12(1) 53–74.Crossref, Google Scholar
- (1996) A strategic response to investor activism. Sloan Management Rev. 37(2) 51–64.Google Scholar
- (1995) Institutional and resource dependence determinants of responsiveness to work-family issues. Acad. Management J. 38(5) 1466–1482.Crossref, Google Scholar
- (2006) Dynamics of soft regulations. , Djelic M.-L., Sahlin-Andersson K., eds. Transnational Governance: Institutional Dynamics of Regulation. (Cambridge University Press, New York) , 247–265.Google Scholar
- JSFC Sistema (2006) Information about compliance with the main requirements of the Code of Corporate Conduct. . Report, JSFC Sistema, Moscow.Google Scholar
- (2008) Understanding strategic responses to interest group pressures. Strategic Management J. 29(9) 963–984.Crossref, Google Scholar
- (2002) The Statistical Analysis of Failure Time Data, 2nd ed. (Wiley-Interscience, Hoboken, NJ) .Crossref, Google Scholar
- (2002) Problems of corporate governance in Russia. , Kostikov I. V., ed. Board of Directors in the System of Corporate Governance. (Russian Institute of Directors, Moscow) , 9–16.Google Scholar
- (2002) Adoption of an organizational practice by subsidiaries of multinational corporations: Institutional and relational effects. Acad. Management J. 45(1) 215–233.Crossref, Google Scholar
- (1998) Law and finance. J. Political Econom. 106(6) 1113–1155.Crossref, Google Scholar
- (2009) The infrastructure of collective action and policy content diffusion in the organic food industry. Acad. Management J. 52(6) 1247–1269.Crossref, Google Scholar
- (1992) The content and focus of Canadian corporate codes of ethics. J. Bus. Ethics 11(10) 799–808.Crossref, Google Scholar
- (2003) The Corporate Responsibility Code Book. (Greenleaf, Sheffield, UK) .Google Scholar
- (2003) Regression Models for Categorical Dependent Variables Using Stata. (Stata Press, College Station, TX) .Google Scholar
- (2007) Community isomorphism and corporate social action. Acad. Management Rev. 32(3) 925–945.Crossref, Google Scholar
- (2003) Corporate governance in Russia: A framework for analysis. J. World Bus. 38(4) 397–415.Crossref, Google Scholar
- (2004) Corporate governance in Russia: Towards a European, US, or Russian model? , McCarthy D. J., Puffer S. M., Shekshnia S. V., eds. Corporate Governance in Russia. (Edward Elgar, Cheltenham, UK) , 394–413.Google Scholar
- (2008) Corporate governance as a foundation for corporate social responsibility in transitioning economies: The Russian experience. Thunderbird Internat. Bus. Rev. 50(4) 231–243.Crossref, Google Scholar
- (2006) Transnational NGO certification programs as new regulatory forms: Lessons from the forestry sector. , Djelic M.-L., Sahlin-Andersson K., eds. Transnational Governance: Institutional Dynamics of Regulation. (Cambridge University Press, New York) , 349–374.Google Scholar
- (1977) Institutionalized organizations: Formal structure as myth and ceremony. Amer. J. Sociol. 83(2) 340–363.Crossref, Google Scholar
- (1983) Organizational Environments: Ritual and Rationality. (Sage, Beverly Hills, CA) .Google Scholar
- (1979) Organizational structure as signalling. Pacific Sociol. Rev. 22 481–500.Crossref, Google Scholar
- OECD (1999) Principles of Corporation Governance. (OECD Publications, Paris) .Crossref, Google Scholar
- (2010) Performance implications of ties to the government and SOEs: A political embeddedness perspective. J. Management Stud. 47(6) 1020–1047.Crossref, Google Scholar
- (1991) Strategic responses to institutional processes. Acad. Management Rev. 16(1) 145–179.Crossref, Google Scholar
- (2006) Corporate governance reforms and firm ownership around the world. . Discussion Paper Series 06-01, Tjalling C. Koopmans Research Institute, Utrecht University, Utrecht, The Netherlands.Google Scholar
- (2004) Handbook of International Corporate Governance: A Country by Country Guide. (Kogan Page, London) .Google Scholar
- (1999) Institutional sources of boundary-spanning structures: The establishment of investor relations departments in the Fortune 500 industrials. Organ. Sci. 10(1) 27–42.Link, Google Scholar
- (2002) The Russian Code of Corporate Conduct underwent serious changes with market wishes in mind. Corporate Governance News (January 3), . http://www.corp-gov.org/bd/db.php3?db_id=437&base_id=3.Google Scholar
- (2004) Convergent capitalisms? The internationalisation of financial markets and the 2002 Russian corporate governance code. Eur.-Asia Stud. 56(8) 1235–1248.Crossref, Google Scholar
- (2003) Political Determinants of Corporate Governance: Political Context, Corporate Impact. (Oxford University Press, New York) .Google Scholar
- (1998) A multidimensional model of organizational legitimacy: Hospital survival in changing institutional environments. Admin. Sci. Quart. 43(4) 877–904.Crossref, Google Scholar
- (2008) Circulating ideas: Imitation, translation and editing. , Greenwood R., Oliver C., Sahlin K., Suddaby R., eds. The SAGE Handbook of Organizational Institutionalism. (Sage, London) , 218–242.Crossref, Google Scholar
- (1996) Imitating by editing success: The construction of organizational fields. , Czarniawska B., Sevon G., eds. Translating Organizational Change. (Walter de Gruyter, Berlin) , 69–92.Crossref, Google Scholar
- (1979) Interorganizational dependence and responsiveness to affirmative action: The case of women and defense contractors. Acad. Management J. 22(2) 375–394.Crossref, Google Scholar
- (2007) The adoption of institutionally contested organizational practices: The emergence of stock option pay in Germany. Acad. Management J. 50(1) 33–56.Crossref, Google Scholar
- (1985) Theoretical framework and research design. , Stockman F. N., Ziegler R., Scott J., eds. Networks of Corporate Power: A Comparative Analysis of Ten Countries. (Polity, Cambridge, UK) , 1–19.Google Scholar
- (2007) Standard setting and following in corporate governance: An observation-theoretical study of the effectiveness of governance codes. Organization 14(5) 705–727.Crossref, Google Scholar
- (2003) Setting Global Standards: Guidelines for Creating Codes of Conduct in Multinational Corporations. (John Wiley & Sons, Hoboken, NJ) .Google Scholar
- (2007) From plan to plant: Effects of certification on operational start-up in the emergent independent power sector. Organ. Sci. 18(4) 578–594.Link, Google Scholar
- (2009) Institutions in action: Tenure systems and faculty employment in colleges and universities. . Working paper, Cornell University, Ithaca, NY.Google Scholar
- (1989) Management-board relationships, takeover risk, and the adoption of golden parachutes. Acad. Management J. 32(1) 7–24.Crossref, Google Scholar
- (2007) Order without law? The role of certified management standards in shaping socially desired firm behaviors. Acad. Management Rev. 32(3) 968–985.Crossref, Google Scholar
- (1985) Institutional environments and resource dependence: Sources of administrative structure in institutions of higher education. Admin. Sci. Quart. 30(1) 1–13.Crossref, Google Scholar
- (1983) Institutional sources of change in the formal structure of organizations: The diffusion of civil service reform, 1880–1935. Admin. Sci. Quart. 28(1) 22–39.Crossref, Google Scholar
- (1984) Social Dynamics: Models and Methods. (Academic Press, New York) .Google Scholar
- Weil, Gotshal & Manges (2002) Comparative study of corporate governance codes relevant to the European Union and its member states. . European Commission, Brussels.Google Scholar
- (2005) Compliance with the German corporate governance code: An empirical analysis of the compliance statements by German listed companies. Corporate Governance: Internat. Rev. 13(2) 178–187.Crossref, Google Scholar
- (1994) Substance and symbolism in CEO's long-term incentive plans. Admin. Sci. Quart. 39(3) 367–390.Crossref, Google Scholar
- (1998) The symbolic management of stockholders: Corporate government reforms and shareholder reactions. Admin. Sci. Quart. 43(1) 127–153.Crossref, Google Scholar
- (2001) Decoupling policy from practice: The case of stock repurchase programs. Admin. Sci. Quart. 46(2) 202–228.Crossref, Google Scholar
- (1997) Customization or conformity? An institutional and network perspective on the content and consequences of TQM adoption. Admin. Sci. Quart. 42(2) 366–394.Crossref, Google Scholar
- (2005) Enforcement of corporate governance codes. . European Corporate Governance Institute—Law Working Paper 46/2005, Brussels.Crossref, Google Scholar
- (2004) Evolution of corporate governance in Russia: Governmental policy vs. real incentives of economic agents. Post-Communist Econom. 16(4) 387–403.Crossref, Google Scholar
- (2006) The evolution of business-state interaction in Russia: From state capture to business capture? Eur.-Asia Stud. 58(7) 1033–1056.Crossref, Google Scholar
- (2007) Corporate governance reform as institutional innovation: The case of Japan. Organ. Sci. 18(6) 973–988.Link, Google Scholar
- (2001) Top manager and network effects on the adoption of innovative management practices: A study of TQM in a public hospital system. Strategic Management J. 22(10) 935–951.Crossref, Google Scholar
- YuTK (2006) Annual report of Yuzhnaya Telekommunikatsionnaya Kompaniya (Southern Telecommunications Company). . Report, YuTK, Moscow.Google Scholar
- (2008) Why adopt codes of good governance? A comparison of institutional and efficiency perspectives. Corporate Governance: Internat. Rev. 16(1) 1–15.Crossref, Google Scholar

