Political market and regulatory uncertainty: Insights and implications for integrated strategy

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Ressource 1Télécharger: BIB_5EEEFCD50F11.P001.pdf (262.37 [Ko])
Etat: Public
Version: Final published version
ID Serval
serval:BIB_5EEEFCD50F11
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Political market and regulatory uncertainty: Insights and implications for integrated strategy
Périodique
Academy of Management Perspectives
Auteur(s)
Kingley A., Vanden Bergh R., Bonardi J.-P.
ISSN
1558-9080 (Print)
1943-4529 (Online)
Statut éditorial
Publié
Date de publication
08/2012
Peer-reviewed
Oui
Volume
26
Numéro
3
Pages
52-67
Langue
anglais
Résumé
Managers can craft effective integrated strategy by properly assessing regulatory uncertainty. Leveraging the existing political markets literature, we predict regulatory uncertainty from the novel interaction of demand and supply side rivalries across a range of political markets. We argue for two primary drivers of regulatory uncertainty: ideology-motivated interests opposed to the firm and a lack of competition for power among political actors supplying public policy. We align three, previously disparate dimensions of nonmarket strategy - profile level, coalition breadth, and pivotal target - to levels of regulatory uncertainty. Through this framework, we demonstrate how and when firms employ different nonmarket strategies. To illustrate variation in nonmarket strategy across levels of regulatory uncertainty, we analyze several market entry decisions of foreign firms operating in the global telecommunications sector.
Web of science
Création de la notice
06/11/2012 21:53
Dernière modification de la notice
20/08/2019 15:16
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