Question: Explain why Regulatory Pillar effectively supports formal institutions, while Normative, and Cognitive Pillars are suitable for informal institutions.
Explain why Regulatory Pillar effectively supports formal institutions, while Normative, and Cognitive Pillars are suitable for informal institutions.
Step by Step Solution
There are 3 Steps involved in it
The Regulatory Normative and Cognitive Pillars are concepts from institutional theory which is used to understand how institutions both formal and inf... View full answer
Get step-by-step solutions from verified subject matter experts
