Generally speaking, decision institutional factor is the first one.

决策制度的因素往往为第一位因素。

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From the point of institutional economy, the elite decision is lack of institutional efficiency.

从制度经济学的角度来看，精英决策的模式缺乏制度效率。

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Pay more attention to the institutional improvement, construct the responsibility system of the administrative decision.

要注重制度建设，构建行政决策的责任体系。

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Separating wheat from chaff requires both insight and an institutional culture that is tolerant of such decision making.

FORBES: Regulatory Enforcement and Criminal Investigations in a World of Limited Resources: Marginal Cases and Missed Opportunities

Once a decision is reached by an institutional investor to allocate money to private equity, there are a number of different options available.

FORBES: Who's Afraid of Private Equity?

But their belated arrival also signals slow decision-making processes changing the strategy of a big institutional investor takes time.

ECONOMIST: Hedge funds