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Cited by 1,352

The DOI matches its Crossref record; 94 of the 94 references it cites were found in a registry or an index.

A Tale of Two Cities: Competing Logics and Practice Variation in the Professionalizing of Mutual Funds

Open access
Lounsbury, Michael·2007·Academy of Management Journal

Abstract

This article examines practice diffusion in an environment where competing logics exist, specifically investigating how trustee and performance logics that were rooted in different locations (Boston and New York) led to variation in how mutual funds established contracts with independent professional money management firms. This focus on competing logics redirects institutional research away from isomorphism and the segregation of institutional and technical forces and toward an appreciation of how multiple forms of rationality underlie change in organizational fields. Implications for the dominant two-stage institutional model of diffusion and for research on institutions, organizations, and professions are discussed.

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Metadata

Authors
Lounsbury, M.
Venue
Academy of Management Journal
Published
2007-04
Volume
50
Issue
2
Pages
289-307
ISSN
  • 0001-4273 (ISSN-L)
  • 1948-0989
OpenAlex
W2027982066
Cited by
1,352
References
94
FWCI
87.14
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: A Tale of Two Cities: Competing Logics and Practice Variation in the Professionalizing of Mutual Funds. https://app.cochat.ai/papers/10.5465/amj.2007.24634436
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Lounsbury, M. (2007). A Tale of Two Cities: Competing Logics and Practice Variation in the Professionalizing of Mutual Funds. Academy of Management Journal. https://doi.org/10.5465/amj.2007.24634436

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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.