An Institutional Analysis of the US Foreign Sales Corporation
Document Type
Article
Publication Date
12-1-2002
Description
The purpose of this paper is to illustrate how institutional analysis can be applied to the study of an evolving institution-the Foreign Sales Corporation (FSC). The FSC was created by the US government to provide a tax incentive to domestic exporters. It has a checkered history because the European Union views it as an export subsidy. After establishing that the FSC is definitely an institution, Scott's institutional synthesis is utilized as a conceptual prism to demonstrate how his framework can be utilized to examine complex phenomena. The study also tests a crucial proposition for institutional theory and explores a research question critical to the continuing development of the theory. That question deals with the persistence of the FSC as an institution.
Citation Information
Miller, Van V.; and Loess, Kurt. 2002. An Institutional Analysis of the US Foreign Sales Corporation. International Business Review. Vol.11(6). 753-763. https://doi.org/10.1016/S0969-5931(02)00048-3 ISSN: 0969-5931