Institutions and Corporate Governance

55 Pages Posted: 30 Jul 2007

See all articles by Peer C. Fiss

Peer C. Fiss

University of Southern California - Management and Organization Department

Date Written: April 25, 2007


The last decades have witnessed a growing interest in the corporate governance and authority structures in organizations, a field that spans several disciplines, including economics, management, finance, accounting, and sociology. Much of the theoretical and empirical work in this field relies on institutional arguments, suggesting that corporate governance systems are embedded in larger institutional and legal frameworks, and that effective practices are highly contingent on the institutional environment in which corporations and their stakeholders operate. In this chapter, I trace the role of institutional arguments in the current literature on corporate governance both at the firm-level and the level of the economy, pointing out linkages and ongoing debates as well as promising avenues for future research.

Suggested Citation

Fiss, Peer C., Institutions and Corporate Governance (April 25, 2007). Available at SSRN: or

Peer C. Fiss (Contact Author)

University of Southern California - Management and Organization Department ( email )

Bridge Hall 306
Los Angeles, CA California 90089
United States
213 821 1471 (Phone)
213 740 3582 (Fax)


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