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What Bandwagons Bring: Effects of Popular Management Techniques on Corporate Performance, Reputation, and CEO Pay
Abstract
This paper examines some of the important organizational consequences of popular management techniques. Using informational reports on quality, empowerment, and teams, as well as a measure of the implementation of total quality management programs, we found that companies associated with popular management techniques did not have higher economic performance. Nevertheless, these same companies were more admired, perceived to be more innovative, and rated higher in management quality. Higher pay was also given to chief executives when their companies were associated with these management trends. These results provide strong support for institutional theory, demonstrating how both internal and external legitimacy can be gained by using popular management techniques. They also extend institutional theory from its usual emphasis on organization-environment relations to new within-firm dynamics.
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Cites
Baron, R. M., & Kenny, D. A. (1986) · Journal of Personality and Social Psychology · doi:10.1037/0022-3514.51.6.1173 · Cited by 91,532
Cited by
Liang, H., Saraf, N., Hu, Q., & Xue, Y. (2007) · MIS Quarterly · doi:10.2307/25148781 · Cited by 3,921
Organizational Reputation: A Review
Lange, D., Lee, P. M., & Dai, Y. (2011) · Journal of Management · doi:10.1177/0149206310390963 · Cited by 960
The Relationship between Perceptions of Corporate Citizenship and Organizational Commitment
Peterson, D. K. (2004) · Business & Society · doi:10.1177/0007650304268065 · Cited by 781
Future work design research and practice: Towards an elaborated model of work design
Parker, S. K., Wall, T. D., & Cordery, J. L. (2001) · Journal of Occupational and Organizational Psychology · doi:10.1348/096317901167460 · Cited by 617
Self-managing organizations: Exploring the limits of less-hierarchical organizing
Lee, M. Y., & Edmondson, A. C. (2017) · Research in Organizational Behavior · doi:10.1016/j.riob.2017.10.002 · Cited by 540
Metadata
- Authors
- Staw, B. M., & Epstein, L. D.
- Venue
- Administrative Science Quarterly
- Publisher
- JSTOR
- Published
- 2000-09
- Volume
- 45
- Issue
- 3
- Pages
- 523-556
- ISSN
- 0001-8392 (ISSN-L)
- 1930-3815
- OpenAlex
- W2151222647
- Cited by
- 839
- References
- 1
- FWCI
- 37.68
- Type
- journal article
- Language
- en
- Open access
- closed
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- Staw, B. M., & Epstein, L. D. (2000). What Bandwagons Bring: Effects of Popular Management Techniques on Corporate Performance, Reputation, and CEO Pay. Administrative Science Quarterly. https://doi.org/10.2307/2667108
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.