The Group of Twenty (G-20) deserves credit for opening up of the "top table" of global governance to a wider representation of countries on a geographic basis in general and Asia in particular. As both a crisis committee in terms of the reverberations from the 2008 financial crisis and a...

It is important for IPO firms to establish legitimacy in the eyes of investors through signaling. The objective of this research is to examine the relationship between signals including governance and management practices and the performance of family firms IPOs. Using IPO data of 129 family...

We focus on the core institution of the capital market and the institutional work of professional service firms that provide ratings on corporate-issuers, initially in a bid to maintain this institution, which suffered when those involved relied solely on information from the issuers themselves....

Socially constituted systems of order emanate from tacit interaction. While they are reflected in an organization's culture, they do not necessarily align with the organization's authorized rules and codes of conduct. Such misalignment renders legitimacy in organizations problematic. The paper...

This theory-building analysis spotlights a dynamic that occurs between decoupling, legitimacy, and institutionalized misconduct. Using data gathered from a case study of widespread deceptive sales practices at a large financial services firm, we demonstrate the dangers of decoupling an...

The paper aims to accomplish a relevant synthesis concerning the actual issues for substantiating the European administration, highlighting in this context the importance of the reform and the increase of legitimacy. The finality of reforms, either we refer to national administrations or to the...