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This study aims to explore the adoption of enterprise risk management (ERM) in developing and developed countries. Is there a similarity or difference between the two contrasting institutional markets and the reasons behind them?

The adoption of ERM is analyzed on the basis of the institutional framework. The author draws empirical evidence by comparing the cases of a British and an Indian insurance company using evidence from multiple sources. This paper focuses on extra-organizational pressures exerted by economic, social and political situations across two countries that influenced the adoption decision of ERM.

The findings of this research revealed that early adopters of ERM in different institutional markets face coercive and normative pressure but not mimetic pressure. The adoption of ERM in India and the UK is dissimilar. Companies in the British insurance market encounter higher institutional forces than those in the Indian market because of higher coercive and normative pressure. The aspirations to adopt ERM in the Indian and UK markets included improved strategic decision-making to maintain stakeholder expectations and higher standards of corporate governance. In the UK, ERM was adopted to reduce surprises and fluctuations under flexible regulations but with stricter adoption and to improve credit ratings.

Previous literature has discussed ERM adoption in similar markets or within one market with similar institutional pressure. In contrast, this research is a comparative study that explains the analysis of institutional theory in two different institutional environments in the adoption of ERM.

The purpose of this study is to investigate, through the application of a decoupling conceptual framework, why seemingly appropriate workplace gender strategies may not yield the desired results. In doing so, the authors address two key questions: how and why have seemingly comprehensive gender equality–related strategies failed to eradicate workplace gender inequality, and how can implementing these strategies be more effective?

The authors use a qualitative approach to examine a case study organization within the public sector. This involves a combination of document analysis, semistructured interviews and focus groups. The authors use a unique data set to investigate the effectiveness of implementing a socially oriented strategy related to gender equality.

The findings highlight different approaches in the implementation of gender equality strategies compared to those aligned with core business objectives. This study also identifies techniques for bridging the gender equality strategy–practice gap, offering significant implications for both policy and practice.

This research is subject to common limitations associated with case studies, interviews and focus groups.

Despite the growing awareness and increased focus on eliminating workplace gender inequality, it remains a “wicked problem” due to its global pervasiveness and the complexity of its causes, manifestations and implications. This issue continues to present itself in various forms across numerous sectors and organizations, despite decades of concerted efforts by multiple stakeholders, including governments, nongovernmental organizations, businesses and society at large. In this paper, the authors investigate the reasons for such slow progress and argue that this issue is less related to the appropriateness of existing gender strategies and more a result of the ineffective implementation of these strategies.

The purpose of this paper is twofold: first, to examine the impact of institutional pressures on risk governance, and second, to examine the contribution of the specific elements of institutional pressures on risk governance in financial institutions (FIs) in Uganda.

The study adopted a cross-sectional design where data were collected through a questionnaire survey of 112 FIs. The data were analyzed using the Statistical Package for Social Scientists (SPSS).

The results indicate that institutional pressures are significantly associated with risk governance. The study also found that coercive pressures and normative pressures have a positive and significant effect on risk governance, while mimetic pressures do not have a significant effect.

This study offers initial evidence on the association between institutional pressures and risk governance using evidence from Uganda’s FIs. The results also show the impact of the individual elements of institutional pressure on risk governance in FIs. The study also further adds theoretical foundations to the risk governance literature.

Aggressive corporate practices have damaged the reputation of many firms and industries. While the media and the Internet improve stakeholder transparency and influence social expectations for responsible business, firms have found an increasing need to manage their corporate reputation. One-way firms have responded is by adopting voluntary corporate social responsibility (CSR) programs to live up to expectations set by the firm’s history, identity (core business), and image. However, conformance to evolving external isomorphic forces has encouraged many firms to adopt similar CSR programs without understanding their motives, resource constraints, and capabilities resulting in fragmented strategies and ineffective implementation approaches. The result has been inconclusive results in practice and inconsistent findings in extant literature on the link between CSR, corporate reputation, and financial performance. This chapter examines how the synthesis of stakeholder theory and resource-based view theory can provide tighter boundaries with corporate identity and shared value as the heart of a CSR strategy to direct top management’s resource allocation. The chapter introduces four CSR micro-strategies as a response to external forces based on a blend of two essential dimensions including internal authenticity and external legitimacy. The study examines the impact of authenticity, legitimacy, and the intensity of their interactions on corporate reputation of 107 publicly traded US firms. Through three models, the study found internal authenticity as the dominant dimension while external legitimacy contributed inconsistently to corporate reputation. Implications for CSR strategy suggest that CSR programs with higher authenticity levels improve corporate reputation consistently more than those focused on external legitimacy.

Prior studies have treated colonisation as a process whereby traditional values in public sector settings are replaced by economic ones, driven by the extensive use and visibility of accounting instruments. This paper challenges this conceptualisation by proposing that colonisation can also be integrative, rather than merely a replacing process.

The study employs a qualitative research approach, utilising interviews, observations and documents obtained in a Swedish municipality. The primary focus is on the introduction of economic, market-oriented reforms in a compulsory school setting, a site traditionally guided by welfare values.

The paper demonstrates that a range of situations has emerged wherein actors attempted to integrate market-oriented and welfare values through various accounting techniques. It also shows how this integration led to colonising outcomes, stemming from an underlying premise of aligning welfare values with a market-like agenda.

This paper contributes to existing research by exploring the complexities and nuances of colonisation and the role of accounting in the interplay between economic and traditional values in public sector settings. It particularly adds to recent studies by outlining a specific form of integrative colonisation, which focusses on a calculative and technical approach to reconciling seemingly disparate values.

Institutional theory is focused on the prevalence of social value over economic imperatives in organizational life, but what happens when taken-for-granted practices offer neither technical nor institutional value at all? In this paper, the authors theorize an important but omitted in the organizational literature scenario and a class of institutionalized practices. The authors conceptualize them as institutionary eclipsed practices. The paper offers a theory of institutional shadow and institutional eclipsed practices that explains the remarkable persistence of institutions despite the obvious absence of value.

The authors offer a theoretical framework for studying institutional practices that have neither economic nor social value. The authors illustrate institutionally eclipsed practices with an example of educational organizations and practices, but the theory of institutional shadow developed in this paper goes beyond this case.

Organizations adopt global institutional standards for local organizational fields where different institutional norms prevail and different meanings and values are attached to these global institutions. In some cases, such institutions may lose their technical value and have no social (legitimizing) value in a new institutional context. Such practice is taken for granted, enacted, reproduced and maintained as necessary because it is encoded into the very institutional image of a profession (and social role). An institutionally eclipsed practice becomes a taken-for-granted, integral part of organizational members’ daily routines. Still, neither efficiency nor social benefits and value are offered by such a practice for organizational members. At the same time, as institutionalized practices are resistant and usually immune to technical, economic and social changes, they tend to endure and persist in organizations. Both a disintegrated practice and organizational members who enact it get into the limbo of the institutional shadow.

The authors distinguish and theorize three main conditions that allow institutionally eclipsed practices to emerge, proliferate and persist in organizations and across organizational fields. These factors include the presence of institutional meaning, the taken-for-granted quality (which means the immunity to technical, social and material changes) and the absence of contradictions. Together these three virtues allow institutionally eclipsed practices to be easily embedded into organizational contexts, being enacted by organizational members and avoiding abandonment and deinstitutionalization despite uselessness.

This chapter explores the critical role of technology in enhancing environmental accounting practices within emerging markets. Also, it examines the influence of institutional forces; regulatory mandates, normative pressures, and mimetic processes on the adoption of environmental accounting, highlighting the interplay between compliance, innovation, and organizational behavior within this region. Despite the potential of advanced technologies such as big data analytics, blockchain, Internet of Things, and cloud computing to improve environmental data accuracy, transparency, and efficiency, this chapter finds that formidable challenges persist. These hurdles encompass resource limitations, regulatory uncertainty, and the heterogeneous cultural perspectives on sustainability. Thus, by employing institutional theory as a theoretical lens, this chapter offers invaluable insights into how stakeholders can adeptly navigate these challenges to promote sustainable business practices, sustainable financial reporting, and improve environmental accountability. The chapter also highlights areas that require further research, particularly areas that scholars and practitioners can advance environmental accounting and sustainability financial reporting in emerging markets, and contribute to greater transparency, accountability, and sustainable development in this context.

This chapter focuses on the contextual conditions around which entrepreneurship is a positive option for individuals on the autism spectrum. Drawing on omnibus and discrete context (Johns, 2006) and on research on other forms for neurodiversity and entrepreneurship, this chapter explains the who, what, where, when, and why of entrepreneurship and autism. Aimed at encouraging future scholarship in this under-research area, the chapter underlines the connections between entrepreneurship and common characteristics of individuals on the spectrum, issues of motivation and self-efficacy, the option of social entrepreneurship, and the importance of formal and informal support networks.

This chapter delineates the competitive behavior among different categories of business schools, focusing on their pursuit and maintenance of prestige, which is a central mission for most academic institutions. Prestige is crucial in the business school context due to uncertainties about value differences between institutions. Theoretically, competition arises when business schools with conflicting objectives vie for favor from a governing third party. Practically, competition involves acquiring resources, attracting talent, securing funding, gaining accreditations, improving rankings, and achieving media visibility. This competitive behavior spans multiple levels and extends beyond tangible actions to include rhetoric and communication. Globalized institutional competition has shifted universities' focus from local contexts to achieving high ranks in the international hierarchy, transforming the nature and purpose of competition in academia.

This paper aims to explore the potential effect of key audit matters (KAM) on the audit report lag (ARL). In particular, it aims to discover whether the number of KAMs reported by an audit firm in Jordan is related to the length of its ARL.

The authors analysed data from the first three years of KAM reporting in Jordan (2017–2019) for 194 public listed Jordanian companies to examine the relation between the number of KAMs and the ARL, taking into account several control variables related to the Jordanian context.

This study found that there is no statistically significant relation between the number of KAMs reported by Jordanian audit firms and their ARLs, suggesting that the KAM reporting in Jordan is somewhat superficial, with the selection of what is actually reported as a KAM not directly related to the efforts needed to deal with its concerns. However, this study also found statistically significant positive relations between the ARL and each of audit fees, audit firm size, the issuance of a qualified audit opinion and company leverage and a statistically significant negative relation between the ARL and company profitability.

This is one of the very few studies to cover the potential relation between KAM reporting and the ARL. In a developing country context characterised by limited demand for an external audit of high quality, this study finds that auditors may decouple on their reporting of KAMs by not actually making significant efforts to deal with them.