A Tale of Two Cities: Competing Logics and Practice Variation in the Professionalizing of Mutual Funds
研究了波士顿和纽约两地共同基金在委托独立专业管理公司时,因受托逻辑与绩效逻辑的竞争而导致实践差异,对制度扩散模型提出新见解。
This article examines practice diffusion in an environment where competing logics exist, specifically investigating how trustee and performance logics that were rooted in different locations (Boston and New York) led to variation in how mutual funds established contracts with independent professional money management firms. This focus on competing logics redirects institutional research away from isomorphism and the segregation of institutional and technical forces and toward an appreciation of how multiple forms of rationality underlie change in organizational fields. Implications for the dominant two-stage institutional model of diffusion and for research on institutions, organizations, and professions are discussed.