2012
DOI: 10.1002/mde.2598
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International Expansion, Diversification and Regulated Firm Nonmarket Strategy

Abstract: Previous studies have shown that regulated firms diversify for reasons that are different than for unregulated firms. We explore some of these differences by providing a theoretical model that starts by considering the firm-regulator relationship as an incomplete information issue, in which a regulated incumbent has knowledge that the regulator does not have, but the firm cannot convey hard information about this knowledge. The incumbent faces both market and nonmarket competition from a new entrant. In that c… Show more

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Cited by 6 publications
(3 citation statements)
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“…For example, if a firm innovates some new technologies for reducing environmental pollution, it should lobby its government to enhance the stringency of regulations so as to gain an advantage over its competitors who do not have such advanced 'green technologies' (Capron and Chatain 2008;urbiztondo, Bonardi, and Quélin 2013). Thus, this IVS is created to characterize a firm's nonmarket strategies that will be influenced by its market strategies.…”
Section: Nonmarket and Market Components: An Ivsmentioning
confidence: 98%
“…For example, if a firm innovates some new technologies for reducing environmental pollution, it should lobby its government to enhance the stringency of regulations so as to gain an advantage over its competitors who do not have such advanced 'green technologies' (Capron and Chatain 2008;urbiztondo, Bonardi, and Quélin 2013). Thus, this IVS is created to characterize a firm's nonmarket strategies that will be influenced by its market strategies.…”
Section: Nonmarket and Market Components: An Ivsmentioning
confidence: 98%
“…In the literature the corporate political strategies are often based on the form and intensity of actions and activities (Urbitzondo et al, 2009;De Figuereido and Tiller, 2001;Van den Bergh, 2002, 2004;Keim and Zeithaml, 1986;Schuler, 1996;Schuler et al, 2002). For instance, Hillman and Hitt (1999) differentiate between two fundamental approaches: the relational and the transactional corporate political strategic approaches.…”
Section: Corporate Political Strategiesmentioning
confidence: 99%
“…In Figure 1, Urbiztondo et al (2013) states that OTE has no foreign operations, when its mobile arm COSMOTE was present in the Balkans; similarly the African operations of Portugal Telecom are omitted, while Telenor apparently only had two foreign networks; BT had 58, which can only be fixed networks supporting its business customers.…”
mentioning
confidence: 99%