Title
An empirical test of the resource-based theory : strategic regulation in the Dutch audit industry An empirical test of the resource-based theory : strategic regulation in the Dutch audit industry
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Chichester ,
Subject
Economics
Source (journal)
Strategic management journal. - Chichester
Volume/pages
17(1996) :7 , p. 549-569
ISSN
0143-2095
Carrier
E
Target language
English (eng)
Abstract
The resource-based view of the Jirm is a recent strategic management theory that seeks to identify the resources that may provide firms with a sustainable competitive advantage. This paper has two purposes. First, the paper relates strategic management arguments to parallel lines of reasoning in industrial organization theory and argues that strategic regulation is a major source of sustainable competitive advantage. The second purpose of the paper is to report the results of an empirical test of the resource-based theory on the basis of a longitudinal data set on the postwar history of the Dutch audit industry. A key determinant of this history proves to be strategic regulation, which stimulates demand for audit services and protects rentproducing resources.
E-info
https://repository.uantwerpen.be/docman/iruaauth/96b538/b16fd7f37b0.pdf