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Legitimacy and the Benefits of Firm Formalization

Citations

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Cited by:

  1. Cavotta, Valeria & Dalpiaz, Elena, 2022. "Good apples in spoiled barrels: A temporal model of firm formalization in a field characterized by widespread informality," Journal of Business Venturing, Elsevier, vol. 37(2).
  2. Shihao Wei & Christopher Boudreaux & Zhongfeng Su & Zhan Wu & Pekka Stenholm, 2026. "Deviant response: The effect of income inequality on informal entrepreneurship in emerging economies," Small Business Economics, Springer, vol. 66(4), pages 1673-1695, April.
  3. Fan, Qingji & Kuper, Paul & Choi, Yun Hyeong & Choi, Seong-jin, 2021. "Does ICT development curb firms’ perceived corruption pressure? The contingent impact of institutional qualities and competitive conditions," Journal of Business Research, Elsevier, vol. 135(C), pages 496-507.
  4. Stefan Dimitriadis & Rembrand Koning, 2022. "Social Skills Improve Business Performance: Evidence from a Randomized Control Trial with Entrepreneurs in Togo," Management Science, INFORMS, vol. 68(12), pages 8635-8657, December.
  5. Colovic, Ana & Misganaw, Bisrat A. & Assefa, Dawit Z., 2022. "Liability of informality and firm participation in global value chains," Journal of World Business, Elsevier, vol. 57(1).
  6. Liu, Yu & Xu, Jian & Zhou, Yifan, 2026. "Quantifying the legacy of trauma: The long-term impact of the African slave trade on contemporary firm corruption," Journal of Corporate Finance, Elsevier, vol. 96(C).
  7. Natalie A. Carlson, 2023. "Differentiation in microenterprises," Strategic Management Journal, Wiley Blackwell, vol. 44(5), pages 1141-1167, May.
  8. Hans Löfsten & Anders Isaksson & Heikki Rannikko & Erno Tornikoski & Mickaël Buffart, 2025. "Impact of initial business model on the growth trajectory of new technology-based firms: a path dependency perspective," The Journal of Technology Transfer, Springer, vol. 50(1), pages 29-61, February.
  9. Karplus, Valerie J. & Geissmann, Thomas & Zhang, Da, 2021. "Institutional complexity, management practices, and firm productivity," World Development, Elsevier, vol. 142(C).
  10. Amankwah-Amoah, Joseph & Hinson, Robert E. & Honyenuga, Ben & Lu, Yingfa, 2019. "Accounting for the transitions after entrepreneurial business failure: An emerging market perspective," Structural Change and Economic Dynamics, Elsevier, vol. 50(C), pages 148-158.
  11. Esther Salvi & Frank-Martin Belz & Sophie Bacq, 2023. "Informal Entrepreneurship: An Integrative Review and Future Research Agenda," Entrepreneurship Theory and Practice, , vol. 47(2), pages 265-303, March.
  12. Amir Karimi & Anant Mishra & Karthik V. Natarajan & Kingshuk K. Sinha, 2021. "Managing Commodity Stock‐outs in Public Health Supply Chains in Developing Countries: An Empirical Analysis," Production and Operations Management, Production and Operations Management Society, vol. 30(9), pages 3116-3142, September.
  13. Aparajita Agarwal & Valentina A. Assenova, 2024. "Mobile Money as a Stepping Stone to Financial Inclusion: How Digital Multisided Platforms Fill Institutional Voids," Organization Science, INFORMS, vol. 35(3), pages 769-787, May.
  14. Tiantian Yang & Aleksandra (Olenka) Kacperczyk & Lucia Naldi, 2024. "The Motherhood Wage Penalty and Female Entrepreneurship," Organization Science, INFORMS, vol. 35(1), pages 27-51, January.
  15. Jesse Bockstedt & Cheryl Druehl & Anant Mishra, 2022. "Incentives and Stars: Competition in Innovation Contests with Participant and Submission Visibility," Production and Operations Management, Production and Operations Management Society, vol. 31(3), pages 1372-1393, March.
  16. Christopher Pryor & Shaker A. Zahra & Garry D. Bruton, 2023. "Trusting without a Safety Net: The Peril of Trust in Base of the Pyramid Economies," Journal of Management Studies, Wiley Blackwell, vol. 60(4), pages 767-799, June.
  17. Xuemei Xie & Guoyou Qi & Kevin Xiaoguo Zhu, 2019. "Corruption and New Product Innovation: Examining Firms’ Ethical Dilemmas in Transition Economies," Journal of Business Ethics, Springer, vol. 160(1), pages 107-125, November.
  18. Zhao, Xingze & Ye, Yuxiao & Han, Yiting & Huo, Baofeng, 2026. "Impact of informality on operational security in emerging markets," International Journal of Production Economics, Elsevier, vol. 291(C).
  19. Li Tian & Jing Yu Yang & Jiatao Li, 2021. "Does legal registration help or hurt? The effect of government corruption on resource acquisition by nascent ventures in an emerging economy," Asia Pacific Journal of Management, Springer, vol. 38(2), pages 547-572, June.
  20. Assefa, Dawit Z. & Liao, Ching T. & Misganaw, Bisrat A., 2022. "Unpacking the negative impact of initial informality on innovation: The mediating roles of investments in R&D and employee training," Technovation, Elsevier, vol. 114(C).
  21. Arzi Adbi & Devanshee Shukla, 2023. "Registration at founding and firm performance: Generalization and extension replication from global data," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(2), pages 365-384, March.
  22. Wen, Xi & Tan, Xue & Shen, Zhixuan, 2023. "Fleeing entrepreneurs: “Original sin” suspicion and controlling shareholders’ foreign residency rights," Finance Research Letters, Elsevier, vol. 52(C).
  23. Estrin, Saul & Nachum, Lilac & Hu, Yuan, 2026. "Exporting modes as learning strategies: a Penrosian perspective," LSE Research Online Documents on Economics 138306, London School of Economics and Political Science, LSE Library.
  24. Francisco Díez-Martín & Alicia Blanco-González & Giorgia Miotto, 2022. "The impact of state legitimacy on entrepreneurial activity," International Entrepreneurship and Management Journal, Springer, vol. 18(2), pages 935-955, June.
  25. Wei, Shihao & Boudreaux, Christopher J. & Stenholm, Pekka & Su, Zhongfeng & Zhang, Yiyun, 2025. "Climate risk and informal entrepreneurship in emerging economies: The moderating effects of entrepreneurs’ socio-cognitions," Journal of Business Research, Elsevier, vol. 199(C).
  26. Andrea Floridi & Binyam Afewerk Demena & Natascha Wagner, 2022. "A Game Worth The Candle? Meta-Analysis Of The Effects Of Formalization On Firm Performance," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 27(04), pages 1-27, December.
  27. Qi, Guoyou & Zou, Hailiang & Xie, Xuemei & Meng, Xiaohua & Fan, Tijun & Cao, Yuanhe, 2020. "Obedience or escape: Examining the contingency influences of corruption on firm exports," Journal of Business Research, Elsevier, vol. 106(C), pages 261-272.
  28. Wesley D. Sine & Arkangel M. Cordero & Ryan S. Coles, 2022. "Entrepreneurship Through a Unified Sociological Neoinstitutional Lens," Organization Science, INFORMS, vol. 33(4), pages 1675-1699, July.
  29. Nam Pham Xuan & Thanh Ha Le, 2023. "Bribery and firm survival in Vietnam: Moderating effects of market competition, credit, and institutional constraints," Review of Development Economics, Wiley Blackwell, vol. 27(2), pages 1242-1269, May.
  30. Gonzalo Molina-Sieiro & Katia M. Galdino & R. Michael Holmes, 2023. "Ownership types, institutions, and the internationalization of emerging economy new ventures: evidence from Africa," Small Business Economics, Springer, vol. 60(3), pages 1121-1145, March.
  31. Arzi Adbi & Xiaojin Liu & Anant Mishra, 2022. "Technology Licensing and Productivity Growth: Evidence from Manufacturing Firms in Developing Economies," Manufacturing & Service Operations Management, INFORMS, vol. 24(1), pages 214-234, January.
  32. Khan, Huda & Khan, Zaheer & Wood, Geoffrey & Shenkar, Oded, 2026. "Socio-political legitimacy: An integrative and interdisciplinary review and agenda for theory development in unit and programmatic approaches," Journal of World Business, Elsevier, vol. 61(1).
  33. Mengli Zhao & Shibin Sheng & Xiangyu Yang, 2024. "Does public employment foster or inhibit entrepreneurial intentions?," Asia Pacific Journal of Management, Springer, vol. 41(1), pages 317-349, March.
  34. Kabubo-Mariara, Jane & Machio, Phyllis Mumia & Njoroge, Michael Murigi & Chemengich, Margaret, 2023. "Links between firm registration and performance: Does it pay to register?," World Development, Elsevier, vol. 169(C).
  35. Devarakonda, Ramakrishna & Liu, Aqi, 2024. "A legitimacy-based view of the impact of government venture capital on startup innovation: Evidence from a transition economy," Other publications TiSEM 3afc4804-f469-4dd7-bb34-8, Tilburg University, School of Economics and Management.
  36. Díez-Martín, Francisco & Miotto, Giorgia & Cachón-Rodríguez, Gabriel, 2022. "Organizational legitimacy perception: Gender and uncertainty as bias for evaluation criteria," Journal of Business Research, Elsevier, vol. 139(C), pages 426-436.
  37. Walter Heredia & Antonio Lecuna & Jorge Heredia & Cristian Geldes & Alejandro Flores, 2023. "Effect of corruption and crime on growth-oriented informal firms," International Entrepreneurship and Management Journal, Springer, vol. 19(4), pages 2065-2091, December.
  38. Augustine Awuah Peprah & Claudio Giachetti & Marcus M. Larsen & Tazeeb S. Rajwani, 2022. "How Business Models Evolve in Weak Institutional Environments: The Case of Jumia, the Amazon.Com of Africa," Organization Science, INFORMS, vol. 33(1), pages 431-463, January.
  39. Chang, Amber Y. & Sun, Yuhan & Loon, Mark, 2026. "A systematic review of replication studies in international management: What has been done so far, and what needs to be done in the future?," Journal of International Management, Elsevier, vol. 32(2).
  40. Jiaxin Liu & Boram Lee & Ruth Rentschler, 2025. "Leveraging entrepreneurial identity and technology: legitimacy of art securitization platforms," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 49(2), pages 327-354, June.
  41. Sujie Peng, 2024. "The program efficiency of environmental and social non-governmental organizations: A comparative study," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-20, May.
  42. Ashenafi Biru & Pia Arenius & Garry Bruton & David Gilbert, 2025. "Firm Formalization Strategy : The Interaction of Entrepreneurs and Government Officials in the Enforcement of Regulation," Post-Print hal-04493248, HAL.
  43. Stefan Dimitriadis, 2024. "Bribery, insecurity, and firm performance: Evidence from the Boko Haram insurgency in Nigeria," Strategic Management Journal, Wiley Blackwell, vol. 45(6), pages 1061-1086, June.
  44. David M. Waguespack & Eric T. Dunford & Jóhanna K. Birnir, 2018. "Cultural Imprinting, Institutions, and the Organization of New Firms," Strategy Science, INFORMS, vol. 3(2), pages 426-438, June.
  45. Amanda Haarman & Marcus M. Larsen & Rebecca Namatovu, 2022. "Understanding the Firm in the Informal Economy: A Research Agenda," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(6), pages 3005-3025, December.
  46. Jorge Guzman, 2024. "Go West Young Firm: The Impact of Startup Migration on the Performance of Migrants," Management Science, INFORMS, vol. 70(7), pages 4824-4846, July.
  47. Yeo, Yun Dong, 2026. "Political regime change and firm bribery," Journal of Business Research, Elsevier, vol. 206(C).
  48. Truong, Thao Duc & Bui, Phuong Cam, 2022. "The lasting effect of formalization on credit access: Evidence from Vietnamese private SMEs," Finance Research Letters, Elsevier, vol. 47(PB).
  49. Hanna Berkel, 2025. "Why Formality Does Not Always Benefit Firms. Learning from Mozambique," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 37(4), pages 721-764, August.
  50. Badger Newman, Arielle & Alvarez, Sharon, 2022. "Questioning boundedly rational frameworks in practice: The case of women entrepreneurs in Kumasi, Ghana," Journal of Business Venturing, Elsevier, vol. 37(4).
  51. Ault, Joshua K. & Spicer, Andrew, 2022. "The formal institutional context of informal entrepreneurship: A cross-national, configurational-based perspective," Research Policy, Elsevier, vol. 51(9).
  52. Marcus M. Larsen & Caroline T. Witte, 2023. "Informal Legacy and Exporting Among Sub-Saharan African Firms," Organization Science, INFORMS, vol. 34(3), pages 987-1003, May.
  53. Ngoc Thang Doan & Ngoc Mai Tran & Van Ha Doan & Huong Giang Mai, 2026. "The Liability of Informality and De-internationalisation During the COVID-19: International Evidence," Foreign Trade Review, , vol. 61(1), pages 7-30, February.
  54. Saeed, Abubakr & Riaz, Hammad & Baloch, Muhammad Saad, 2022. "Does big data utilization improve firm legitimacy?," Technological Forecasting and Social Change, Elsevier, vol. 182(C).
  55. Zhao, Mengli & Sheng, Shibin & Yang, Xiangyu, 2023. "Are government employees more or less likely to venture? Evidence from China," Journal of Business Research, Elsevier, vol. 157(C).
  56. Andres F. Jola‐Sanchez, 2022. "How does warfare affect firms' productivity?," Production and Operations Management, Production and Operations Management Society, vol. 31(5), pages 1940-1962, May.
  57. Morales-Solis, Juan Carlos & Barker III, Vincent L. & Cordero, Arkangel M., 2023. "CEO's industry experience and emerging market SME performance: The effects of corruption and political uncertainty," Journal of Business Venturing Insights, Elsevier, vol. 20(C).
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