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Making friends in hostile environments: political strategy in regulated industries

Bergh, Richard G. Vanden - ; Holburn, Guy L. F. - ;

We examine how regulated firms target their political strategies at multiple government institutions in order to gain more favorable regulatory agency decisions than would otherwise occur. By integrating the corporate political strategy and positive political theory literatures we derive propositions that (a) identify the political and regulatory circumstances that generate hostile environments from the firm's perspective, (b) delineate the conditions under which firms will employ an indirect strategy (i.e. target legislatures or executives) instead of a direct strategy (i.e. target regulators) to induce changes in regulator decisions; and, importantly, (c) we identify the specific political institutions a firm will target when adopting (b). Even though our structured-interaction approach to the analysis of formal institutions is quite straightforward, we are able to develop a rich set of predictions about firms' political strategy that can form the basis for future empirical testing..Printed Journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: The Academy of Management
Edisi-
SubjekBusiness government relations
studies
Regulated industries
ISBN/ISSN3637425
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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