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Keywords: Institutional void
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Journal Articles
Journal of Organizational Change Management (2025) 38 (4): 804–831.
Published: 29 July 2025
... and inefficiencies as “institutional voids,” a pillar concept has garnered significant interest among researchers. Main empirical studies, endorsing this paradigm, have focused on emerging markets (Palepu et al., 1998). Paradoxically, institutional voids present opportunities for developed economies...
