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Title
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An empirical test of the resource-based theory : strategic regulation in the Dutch audit industry
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Author
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Abstract
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| 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. |
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Language
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English
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Source (journal)
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Strategic management journal. - Chichester
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Publication
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Chichester
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1996
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ISSN
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0143-2095
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Volume/pages
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17
:7
(1996)
, p. 549-569
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Full text (publisher's version - intranet only)
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