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In politics, regulatory capture (also called agency capture) is a form of corruption of authority that occurs when a political entity, policymaker, or regulator is co-opted to serve the commercial, ideological, or political interests of a minor constituency, such as a particular geographic area, industry, profession, or ideological group.
In 1965 the highly influential text-book "Business Policy: Text and Cases" was published, acknowledging Andrews as the author of the text portion. [9] The text portion was also published separately under Andrews' name in 1971. [10]
Organizational theory refers to a series of interrelated concepts that involve the sociological study of the structures and operations of formal social organizations ...
Public interest theory claims that government regulation can improve markets, compensating for imperfect competition, unbalanced market operation, missing markets and undesirable market outcomes. Regulation can facilitate, maintain, or imitate markets. [3] Public interest theory is a part of welfare economics.
William Richard Scott (born December 18, 1932) is an American sociologist, and Emeritus Professor at Stanford University, specialised in institutional theory and organisation science. He is known for his research on the relation between organizations and their institutional environments. [1] [2]
Organizational Information Theory (OIT) is a communication theory, developed by Karl Weick, offering systemic insight into the processing and exchange of information within organizations and among its members. Unlike the past structure-centered theory, OIT focuses on the process of organizing in dynamic, information-rich environments.
He traveled widely, visiting his division's factories in many different countries. Mooney was an early leader in managerial theory, recording his theories and real-life experiences in the widely read Onward Industry (1931), reissued in a revised edition as The Principles of Organization. He succeeded in applying American approaches to a great ...
Organizational identity is a field of study in organizational theory, that seeks the answer to the question: "who are we as an organization?" [1] [2] The concept was first defined by Albert and Whetten (1985) and later updated and clarified by Whetten (2006),