The role of the institutional environment in marketing channels
Set within the political economy framework, marketing channels literature predominantly has used an efficiency-based task environment perspective and largely overlooked a legitimacy-based institutional environment approach in studying channel attitudes, behaviors, processes and structures. The purpose of the article is to highlight the importance of the institutional environment and develop a comprehensive conceptual framework that incorporates the institutional environment into current marketing channels research. The institutional environment perspective relies on the primacy of: 1. regulatory institutions, 2. normative institutions, and 3. cognitive institutions in influencing the legitimacy of channel members. Using institutional theory, the article augments the current task environment approach by developing 3 institutional processes and their underlying mechanisms and elaborating on how these institutions might influence channel relationships.Printed Journal
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
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