Essays on Institutional Theory

Network Theory

The network theory of migration posits that networks are formed between migrants in the origin country as well as the destination countries through friendship, community or familial connections. The interpersonal ties that the migrants develop help in reducing the costs needed to migrate as well as risks a potential migrant would face in the new country. As migrant networks increase over time, it not only reduces the costs and risks involved, but also increases the chances of employment for the new migrants. Networking and its increase over years not only helps facilitate increased migration over years but also broadens ...

Introduction

Management accounting (MA) involves collection and dissemination of accounting information for purposes of decision making. Over the recent past, management accounting has experienced significant changes, an aspect that is explained by different scholars (Sven, 2007, p. 336). The topic has attracted different concerns from various stakeholders, linking recent changes to globalization and changes experienced in the organizational settings. The concept of MA is understood to have significant impacts on organizational management as it is used in making strategic decisions (Arroyo, 2015, p. 287). This paper evaluates various theories explaining factors influencing change in management accounting. To achieve study objective, ...

Abstract

The Kingdom of Saudi Arabian (KSA) has been experiencing dramatic shift and transformation from the simple migrant lifestyle that was pretty synonymous to the KSA society to the current day contemporary lifestyle. The labor market KSA has been heavily reliant on foreign workforce. The expatriate workforce in KSA constitutes two-thirds of the total Saudi Arabian employee base. According to report that was presented by the Saudi Arabia Monetary Agency (SAMA) in the 2008, the expatriate population in the Saudi Arabian private sector constitute to more than 88 % of the total workforce of KSA. The increasing degree of unemployment among ...

Abstract

Economics is the science of studying behavioral aspects of the consumer market. Trends in the consumer market directly influence the production, distribution and consumption of goods and services. Micro economic specifically explores the aspects of rationalization that affects the decision making of the consumer market. Research in these areas is key to the basis of institutional theory: which can be used to make future productions of the consumer market for instance. The theory of bounded rationality holds, that the decision making process is usually influenced by limitations such as time, available information and cognitive functions. The consumer therefore is ...

Organizational Ecology

Reports on February 9th this year show that the Coke Company managed to overshadow the Wall Street’s anticipation by reporting substantial profits which were attributable to the higher prices of its products. Revenue in the quarter of the financial year ending December decreased to $10 billion, which was 8 percent drop. At the same period in the previous quarter, the company recorded $10.9 billion. Somer (2010) says that “These figures exceeded the anticipation of the analysts. Equivalently, the profit went up to $1.24 billion traded at 28 cents per share, up from $770 million trading at 17 cents ...

Define the 7 theoretical perspectives on organizations and provide 2 characteristics of each theory.

Theory is important in the organization. There are seven major theories on organization. One of this is the Transaction Cost Theory. This theory helps to explain why organizations exist. Its main concern is the efficiency of transaction. It is majorly applied on business organizations. The characteristics of this theory include the recognition of the human behaviour as a system that can be described by the exchanges of valued items and the need for social support. The second theory on organization is the Rational Systems Theory that recognizes the role of the organization in reaching the objectives. The recognition of ...