Mergers and acquisitions (M&As) continue to be prevalent despite frequently yielding
disappointing outcomes. Postmerger integration plays a critical role in M&A success, yet …

Abstract Strategy‐as‐practice (SAP) has become one of the most vibrant areas of
contemporary strategy research in the past two decades. As the field has grown significantly …

Legitimacy has emerged as a pivotal but often confusing construct in management theory.
Defined as a “generalized perception or assumption that the actions of an entity are …

Legitimacy is a fundamental concept of organizational institutionalism. It influences how
organizations behave and has been shown to affect their performance and survival (Pollock …

Research Summary: Building on our review of the strategy process and practice research,
we identify three ways to see the relationships between the two research traditions …

The distinction of macro-and microfoundations of institutions implies a multilevel
conceptualization of institutional processes. We adopt the evaluators' perspective on …

This article examines the effects of power on sensemaking processes, bridging two major,
yet traditionally separate, literatures in organization studies. Dividing power into its systemic …

Corporate sustainability reports are supposed to provide a complete and balanced picture of
corporate sustainability performance. They are, however, usually voluntary and thus prone …

Many new ventures have to “pivot”—radically transform what they are about—because their
original approach has failed. However, pivoting risks disrupting relationships with key …

I develop a theoretical framework that specifies the content underlying legitimacy judgments
and a model of the process by which these judgments develop and change. I argue that …