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Author: | Núñez-Nickel, M. Gutiérrez, I. Carmona, S. |
Title: | Governmental context determines institutional value: independently certified performance and failure in the Spanish newspaper industry |
Journal: | Organization Studies
2006 : VOL. 27:10, p. 1513-1531 |
Index terms: | certification dictatorships newspaper industry political systems sociology Spain |
Language: | eng |
Abstract: | This paper discusses independent professionals (e.g. suditors) who certify the performance of firms. The value placed on this certification is not uniform, but contingent upon changing political contexts. Data from the entire population of newspapers in Spain from 1966 to 1993, indicates that under a dictatorship, independently certified performance is not instrumental in organizational success or failure, while in a modern democracy, the certification process has a positive effect on the survival chances of firms. |
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