What Are the Two Core Propositions of the Institution-Based View

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The Answer is The first core proposition of the institution-based view is that managers and firms rationally pursue their interests and make choices within the formal and informal constraints in a given institutional framework.The second proposition is that formal and informal institutions combine to govern firm behavior,in situations where formal constraints are unclear or fail,informal constraints will play a larger role in reducing uncertainty and providing constancy to managers and firms.

What Are the Two Core Propositions of the Institution-Based View

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What Are the Two Core Propositions of the Institution-Based View

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