MGMT20144 Annotated Bibliography: Contextual Factors in Organizations

This annotated bibliography examines several contextual factors crucial for effective organizational decision-making. It covers corporate governance, focusing on how organizations sometimes deviate from established norms, and the importance of monitoring governance capacity and regulatory environments. It also addresses risk, distinguishing between controllable and non-controllable risks, and how firms respond to them in foreign direct investment decisions. The role of institutional diversity in multinational corporations, particularly in knowledge-augmenting subsidiaries, is analyzed, highlighting the significance of institutional settings. Organizational practices are explored in relation to management innovation, revealing links between external involvement and different types of change. Finally, the bibliography considers environmental forces affecting businesses, emphasizing the balance between profitable and disruptive environmental initiatives, and the need to consider both internal and external factors. The conclusion emphasizes diversity as a key factor for improved performance, advocating for inclusive decision-making and balanced management teams.