@article{2008:karhunen:toward_con,
title = {Toward convergence in the St. Petersburg hotel industry through the lens of institutional theory},
year = {2008},
note = {The article assesses the power of institutional organization theory in
explaining enterprise adaptation in post-socialism. Empirical analysis
of the hotel sector in St. Petersburg, Russia, shows that
industry-level isomorphic forces are not at work during economic
transition. Combined with market imperfections, this results in
intra-industry strategic diversity. The underlying logic however
changes as the transition proceeds. During the transition, diversity
is based on local versus foreign management and during the
post-transition on the legitimacy of operations. The majority of
hotels start operating according to shared norms and practices,
whereas the lack of coercive pressures from the state still allows
some hotels to operate in the shadow and ignore institutional norms.},
journal = {JEEMS Journal of East European Management Studies},
pages = {106--128},
author = {Karhunen, Päivi},
volume = {13},
number = {2}
}