State-Owned Enterprises as Actors: An Institutional Work Framework

Management and Organization Review, Forthcoming

70 Pages Posted: 20 Apr 2021

See all articles by Olivier Butzbach

Olivier Butzbach

European University Institute

Douglas B. Fuller

City University of Hong Kong (CityU)

Gerhard Schnyder

Loughborough University London - Institute for International Management; University of Cambridge - Centre for Business Research

Liudmyla Svystunova

Loughborough University London

Date Written: March 15, 2021

Abstract

Although state-owned enterprises (SOEs) are recognized as important economic actors, the literature to date has assumed close state control over SOEs and therefore their passive stance towards institutions. Drawing on the institutional work and historical institutionalism literatures, we challenge this view. We develop a multilevel framework of SOEs top management teams’ (TMTs’) embedded agency, spanning the national macro-institutional level, the meso-level of regimes of state-SOE relations, and sector-specific institutions. We then derive propositions regarding the factors across these multiple levels that shape SOE TMTs’ motivation, resources, and scope for institutional work. This framework allows us to explain the leeway for and likelihood of SOE TMTs’ engagement in institutional work across institutional contexts.

Keywords: Institutional Work, Historical Institutionalism, State-Owned Enterprise (SOE), State Capitalism, Institutions

JEL Classification: L88, L51, L53, L21, L25, H44, G18, G38, F52, F55, O38

Suggested Citation

Butzbach, Olivier and Fuller, Douglas B. and Schnyder, Gerhard and Svystunova, Liudmyla, State-Owned Enterprises as Actors: An Institutional Work Framework (March 15, 2021). Management and Organization Review, Forthcoming, Available at SSRN: https://ssrn.com/abstract=3804648 or http://dx.doi.org/10.2139/ssrn.3804648

Olivier Butzbach

European University Institute ( email )

Badia Fiesolana
Via dei Roccettini 9
I-50016 San Domenico Fiesole, Tuscany 50014
Italy

Douglas B. Fuller (Contact Author)

City University of Hong Kong (CityU) ( email )

83 Tat Chee Avenue
Kowloon
Hong Kong

Gerhard Schnyder

Loughborough University London - Institute for International Management ( email )

Lesney Avenue
Here East
London, E15 2GZ
Great Britain
+44 (0)20 3805 1360 (Phone)

University of Cambridge - Centre for Business Research ( email )

Judge Business School Building
Cambridge, CB2 1AG
United Kingdom
++44 (0)1223 765325 (Phone)

HOME PAGE: http://www.cbr.cam.ac.uk/people/research-associates/gerhard-schnyder/

Liudmyla Svystunova

Loughborough University London ( email )

3 Lesney Avenue
London, E20 3BS
United Kingdom
E20 3BS (Fax)

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