“…From a strategic/asset-based perspective work is conducted, for example, by Srivoravilai et al (2011) utilising institutional theory (see also Rao, 1994;Staw and Epstein, 2000;Deephouse and Carter, 2005;Foreman et al, 2012;Davies and Chun, 2015;Davies and Olmedo-Cifuentis, 2016;Deephouse et al, 2016); by Gardberg et al (2015) utilising signalling theory (see also Basdeo et al, 2006;Newburry, 2010;Walsh et al, 2015Walsh et al, , 2017Gardberg et al, 2017); by Mahon et al (2004) building on non-market strategy (see also Mahon and Wartick, 2003;Ghobadian et al, 2015;Liedong et al, 2015) and by Deephouse (2000) and others utilising resource-based theory (see also Roberts and Dowling, 2002;Shamsie, 2003;Carmeli and Tishler, 2004;Carter and Ruefli, 2006;Bergh et al, 2010). Furthermore, Carroll and McCombs (2003) bring agenda-setting theory to CR literature, and explore effects of media on CR development (see also Kiousis et al, 2007;Carroll, 2010;Besiou et al, 2013;Bantimaroudis and Zyglidopoulos, 2014;Lee et al, 2015).…”