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Strategy, Structure and `Systemness': National Institutions and Corporate Change in France, Germany and the UK, 1950-1993

This paper distinguishes between `tight' and `loose' perspectives on national business systems. These two systems perspectives are compared in the light of new and existing European data on corporate strategies and structures, on the one hand, and national institutions of business finance,...

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Bibliographic Details
Published in:Organization studies 1999-11, Vol.20 (6), p.933-959
Main Authors: Mayer, Michael C.J., Whittington, Richard
Format: Article
Language:English
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Summary:This paper distinguishes between `tight' and `loose' perspectives on national business systems. These two systems perspectives are compared in the light of new and existing European data on corporate strategies and structures, on the one hand, and national institutions of business finance, management control and top management development on the other. Despite broadly stable and distinctive institutional backgrounds, European corporations are found to have been transforming their strategies and structures steadily and in very similar ways during the whole post-war period. The paper concludes in favour of loose, rather than tight systems perspectives in contemporary Europe and considers implications for comparative research and economic restructuring.
ISSN:0170-8406
1741-3044
DOI:10.1177/0170840699206002