Strategic Sensemaking and Political Connections in Unstable Institutional Contexts

Volume: 30, Issue: 1, Pages: 3 - 23
Published: Jul 10, 2019
Abstract
Emerging economies are often characterized by pervasive institutional changes and resultant institutional voids. In the absence of strong formal institutions, firms rely on informal institutions to fill these voids. This article argues that the process of sensemaking for firms in turbulent environments is continuous and dependent on cyclical adjustments connecting performance via a feedback loop to scanning and interpretation. Far from being a...
Paper Details
Title
Strategic Sensemaking and Political Connections in Unstable Institutional Contexts
Published Date
Jul 10, 2019
Volume
30
Issue
1
Pages
3 - 23
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