Some Issues In The Institutional Theory A Critical Analysis

This paper has been presented to outline some issues with the institutional theory and it is based on the theoretical understanding. In order to conceptualize the rules their pragmatic application will be discussed. There are many efforts have been made to develop this theoretical perspective for developing empirical understanding of the theory. During recent years this theory went through major advancements and gained popularity however we believe that it has several significant theoreticalmethodological issues which limit its applicability and effectiveness. The most important issues include static institutional explanations and difficulty while calculating some institutional variables. In this study we have addressed a major issue with this theory which is its static nature using the institutionalization concept explaining institutional structures and developing better institutional explanations. This study negatesrefutes the claims of many researchers who stated that the institutional theory is rich in concepts and has advanced to warrant more formal models and codification. The present study is an effort to resolve the conflict between researchers belonging to different schools of thought on the theory. In this paper we tried to identify the range and depth of the conflicting concepts and areas of agreement. This paper demands of researchers and specialists to clarify their stance providing details and contributing towards this theorys further development which will certainly benefit researchers and professionals in this field