Market Regulation and Firm Performance: The Case of Smoking Bans in the United Kingdom

2012 ◽  
Vol 55 (2) ◽  
pp. 365-391 ◽  
Author(s):  
Jérôme Adda ◽  
Samuel Berlinski ◽  
Stephen Machin
1992 ◽  
Vol 24 (3) ◽  
pp. 381-400 ◽  
Author(s):  
J Barlow ◽  
A King

The objective in this paper is to compare the competitive strategies of the housebuilding industry in the United Kingdom, France, and Sweden. It is focused on the relationship between the different mechanisms by which the housing market is regulated and the competitive methods adopted by firms in each country. By using a detailed study of over 100 firms in the three countries, it is argued that there is a relationship between the forms of market regulation, the level of uncertainty and risk faced by housebuilders, and their profit-making strategies. Finally, some of the implications of the findings for the UK housebuilding industry in the 1990s are considered.


2019 ◽  
Vol 12 (1) ◽  
pp. 153-172 ◽  
Author(s):  
John Parnell ◽  
Malcolm Brady

PurposeThe purpose of this paper is to investigate the influence of internal capabilities and environmental turbulence on market (e.g. cost leadership and differentiation) and nonmarket (e.g. political and social) strategies (NMS), and considers how these strategies impact financial and non-financial performance in firms in the United Kingdom.Design/methodology/approachA survey was administered online to 215 practicing managers in the UK. Measures for competitive strategy (i.e. cost leadership and differentiation), NMS, strategic capabilities, market turbulence and firm performance were adopted from or based on previous work. Hypotheses were tested via SmartPLS.FindingsFindings underscore the impact of market turbulence across all market and nonmarket strategy dimensions. Multiple links between capabilities and strategies were identified. Both cost leadership and differentiation were significantly linked to non-financial performance, but only differentiation was significantly linked to financial performance. An increased emphasis on social NMS was linked to higher financial performance, but not non-financial performance. Political NMS was linked to neither financial nor non-financial performance.Research limitations/implicationsThe sample included managers in multiple industries. Self-typing scales were utilized to measure market turbulence, emphasis on capabilities, strategic emphasis and firm performance.Practical implicationsEmphasis on social NMS can promote financial performance, but political NMS does not appear to drive either financial or non-financial performance.Originality/valueThis paper provides empirical support for a UK-based model linking market turbulence, strategic capabilities, market and nonmarket strategies, and both social and firm performance. It supports NMS as a key performance driver, but with caveats.


2009 ◽  
pp. 1-6 ◽  
Author(s):  
Nishan Fernando ◽  
Gordon Prescott ◽  
Jennifer Cleland ◽  
Kathryn Greaves ◽  
Hamish McKenzie

1990 ◽  
Vol 35 (8) ◽  
pp. 800-801
Author(s):  
Michael F. Pogue-Geile

1992 ◽  
Vol 37 (10) ◽  
pp. 1076-1077
Author(s):  
Barbara A. Gutek

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