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Management Research News
ISSN: 0140-9174
Currently published as: Management Research Review
Online from: 1978
Subject Area: Accounting and Finance
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Institutional impacts on industry structure: the block exemption regulation
| Title: | Institutional impacts on industry structure: the block exemption regulation |
|---|---|
| Author(s): | Murat Akpinar, (Turku School of Economics, Espoo, Finland) |
| Citation: | Murat Akpinar, (2007) "Institutional impacts on industry structure: the block exemption regulation", Management Research News, Vol. 30 Iss: 3, pp.173 - 186 |
| Keywords: | Automotive industry, Distribution, European legislation, European Union, Organizational structures, Regulation |
| Article type: | Research paper |
| DOI: | 10.1108/01409170710733250 (Permanent URL) |
| Publisher: | Emerald Group Publishing Limited |
| Abstract: | Purpose – To understand the impact of the new block exemption regulation on distribution and after-sales services in the automobile industry in the European Union (EU). Design/methodology/approach – Strategic responses of the key actors are predicted with the aid of a developed theoretical framework using institutional, industrial organization, and resource-dependence theories. Both the theoretical framework and the predictions are then tested on natural data, which was obtained from a survey commissioned by the European Commission. Findings – Supranational regulatory institutions and current industry structure both influence firm strategy. Firms respond by anticipating how the regulatory change may impact the future industry structure. Research limitations/implications – As data cover a short period after the new regulation, long-term impact cannot be observed. Practical implications – Contributes to the understanding of the changing state of automobile-distribution and after-sales services in the EU. Originality/value – Unveils the complex relationships between supranational regulatory institutions, firm strategy, and industry structure. |
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