Restoring trust through isomorphism at multinational financial institutions: a matter of boundary permeability

Swalef, R and Zhang, M ORCID: 0000-0001-8033-8420, 2015. Restoring trust through isomorphism at multinational financial institutions: a matter of boundary permeability. In: BAM (British Academy of Management) 2015: the Value of Pluralism in Advancing Management Research, Education and Practice, University of Portsmouth, Portsmouth, 8-10 September 2015.

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Abstract

Multinational financial institutions (MFIs) are subject to strong isomorphic pressures from the institutional environment. MFIs need to assess appropriate approaches to comply with the desired behaviour of the foreign subsidiaries in the host country societies, without jeopardizing the desired behaviour of the parent company in the home country societies. Therefore, identification of organizational boundaries and developing trust through managing boundary permeability is critical to MFIs. Our results show that restoring trust at all levels of the global financial system is widely recognized as a
priority by managers of MFIs, through a range of self-imposed measures and supervisory enforcement of globally coordinated regulations. Further, active management of boundary permeability that determines the degree of isomorphism with host country societies can assist MFIs in fostering legitimacy in both home and host countries. We propose a framework that structures the analysis of the formal and informal rules in the institutional context, including government policy, legal system,
cultural dimensions and social capital.

Item Type: Conference contribution
Creators: Swalef, R. and Zhang, M.
Date: 8 September 2015
Divisions: Schools > Nottingham Business School
Depositing User: Jill Tomkinson
Date Added: 13 Jan 2017 15:50
Last Modified: 09 Jun 2017 14:10
URI: http://irep.ntu.ac.uk/id/eprint/29704

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