Proper

Abstract

The purpose of this study is to review historical development and characteristics of the contingency theory and the institutional theory in the micro organization discipline. The study reviews the contingency theory to fit to the environment and uncertainty, which are fundamental study variables of the theory, while the institutional theory is reviewed in terms of isomorphism and legitimacy. To do this, the reviews are conducted, focusing on study results of researchers regarding both theories. In sum up, both theories require a variety of studies in empirical areas. Considering the developmental path of both theories, it is necessary to evaluate limitations borne by both theories.