Study on the Application of Institutional Theory in Enterprise performance

Although scholars have conducted a lot of research on institutional theory, the views on the role of institutional theory in enterprise performance are still scattered. Therefore, the author identifies the most important key factors of institutional theory’s influence on enterprise performance by combing relevant literature. The most three elements in the institutional environment are institutional consistency which means enterprises management complies with national laws, institutional support which refers to policy support and financial support of government and organizational behaviour mainly study on the firm’s compliance with rules, all of these elements have a profound impact on enterprise management and development. Through the comparison and analysis of the institutional theory concept proposed by different scholars and the effect of institutional theory on enterprise performance, the influence of accidental factors is reduced, and certain reference value is provided for enterprises to better apply institutional theory so as to achieve better performance.

Keywords: institutional theory; enterprise performance; systematic literature review.