Bourdieu, strategy and the field of power. (December 2020)

• Record Type: Journal Article
• Authors: Harvey, Charles; Yang, Ruomei; Mueller, Frank; Maclean, Mairi
• Is Part Of: Critical perspectives on accounting. Volume 73(2020)
• Publication Date: 2020-12
• Subjects: Bourdieu -- Elites -- Field of power -- Institutional work -- Non-market strategy -- Symbolic capital; Accounting -- Social aspects -- Periodicals; Accountants -- Professional ethics -- Periodicals; 657.05
• DOI: 10.1016/j.cpa.2020.102199
• Languages: English
• ISSNs: 1045-2354

Abstract

Highlights: Bourdieu's theories offer a new way of thinking about strategy. Institutional change is negotiated by hyper-agents within the field of power. Abundant symbolic capital is the mark of elite strategists. Elite strategists use symbolic violence to dominate fields. Non-elite strategists subvert the existing order to gain ground. Abstract: Drawing on Bourdieu's concept of the field of power, we examine the cross-national translation of organizational models and the strategic processes induced in recipient institutional contexts. By means of an in-depth historical case study, we demonstrate how elite strategists mobilized networks and symbolic capital to disrupt field relations and embed the US community foundation model of philanthropy in North East England. Our findings suggest that instead of simply copying alien field-level practices, strategic actors within the philanthropic field adapted and modified them to deliver fit-for-context change legitimated by support from the regional power elite. Our main contribution is to show how strategic elites drawn from different life-worlds build coalitions within the field of power to modify institutional infrastructures and embed innovative organizational models, simultaneously bolstering their legitimacy and symbolic capital. We hold that the field of power construct offers uniquely valuable insights into how strategic elites accomplish institutional change.