The Role of External Actors in Strategic Management: Corporate Political Activity of German Electricity Suppliers

 
9783639180541: The Role of External Actors in Strategic Management: Corporate Political Activity of German Electricity Suppliers
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It is widely noted in academic literature that companies? relationships with their environment are characterized by mutual influence and interdependence. However, the nature of this relationship, especially the concrete effects external actors have on the various elements of corporate strategy, is not yet fully examined. This thesis, therefore, characterizes non-market external actors and their influence on firms? configuration. Pressures exerted by the government are found to be the most important and it is often difficult for companies to deal with them. In order to show possible reactions to these pressures, this thesis classifies strategic responses and summarizes the literature on corporate political activity (CPA). Based on Hillman, Keim, and Schuler?s (2004) framework, hypotheses about CPA are proposed and tested using data from a survey conducted among 23 German electricity suppliers. Findings indicate that pursuing a relational approach, participating collectively, being proactive, and integrating both market and political strategy all improve the effectiveness of CPA on public policy in this industry.

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About the Author:

Jens Engelhardt studied Business Administration in Singapore, Los Angeles and St. Gallen (HSG), from where he holds a Master's degree in Accounting and Finance. He is working as a consultant in the Zurich office of Bain & Company.

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Book Description Condition: New. Publisher/Verlag: VDM Verlag Dr. Müller | Corporate Political Activity of German Electricity Suppliers | It is widely noted in academic literature that companies relationships with their environment are characterized by mutual influence and interdependence. However, the nature of this relationship, especially the concrete effects external actors have on the various elements of corporate strategy, is not yet fully examined. This thesis, therefore, characterizes non-market external actors and their influence on firms configuration. Pressures exerted by the government are found to be the most important and it is often difficult for companies to deal with them. In order to show possible reactions to these pressures, this thesis classifies strategic responses and summarizes the literature on corporate political activity (CPA). Based on Hillman, Keim, and Schuler s (2004) framework, hypotheses about CPA are proposed and tested using data from a survey conducted among 23 German electricity suppliers. Findings indicate that pursuing a relational approach, participating collectively, being proactive, and integrating both market and political strategy all improve the effectiveness of CPA on public policy in this industry. | Format: Paperback | Language/Sprache: english | 100 pp. Seller Inventory # K9783639180541

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Book Description VDM Verlag Sep 2009, 2009. Taschenbuch. Condition: Neu. Neuware - It is widely noted in academic literature that companies relationships with their environment are characterized by mutual influence and interdependence. However, the nature of this relationship, especially the concrete effects external actors have on the various elements of corporate strategy, is not yet fully examined. This thesis, therefore, characterizes non-market external actors and their influence on firms configuration. Pressures exerted by the government are found to be the most important and it is often difficult for companies to deal with them. In order to show possible reactions to these pressures, this thesis classifies strategic responses and summarizes the literature on corporate political activity (CPA). Based on Hillman, Keim, and Schuler s (2004) framework, hypotheses about CPA are proposed and tested using data from a survey conducted among 23 German electricity suppliers. Findings indicate that pursuing a relational approach, participating collectively, being proactive, and integrating both market and political strategy all improve the effectiveness of CPA on public policy in this industry. 100 pp. Englisch. Seller Inventory # 9783639180541

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Book Description VDM Verlag Sep 2009, 2009. Taschenbuch. Condition: Neu. Neuware - It is widely noted in academic literature that companies relationships with their environment are characterized by mutual influence and interdependence. However, the nature of this relationship, especially the concrete effects external actors have on the various elements of corporate strategy, is not yet fully examined. This thesis, therefore, characterizes non-market external actors and their influence on firms configuration. Pressures exerted by the government are found to be the most important and it is often difficult for companies to deal with them. In order to show possible reactions to these pressures, this thesis classifies strategic responses and summarizes the literature on corporate political activity (CPA). Based on Hillman, Keim, and Schuler s (2004) framework, hypotheses about CPA are proposed and tested using data from a survey conducted among 23 German electricity suppliers. Findings indicate that pursuing a relational approach, participating collectively, being proactive, and integrating both market and political strategy all improve the effectiveness of CPA on public policy in this industry. 100 pp. Englisch. Seller Inventory # 9783639180541

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Book Description VDM Verlag Sep 2009, 2009. Taschenbuch. Condition: Neu. This item is printed on demand - Print on Demand Neuware - It is widely noted in academic literature that companies relationships with their environment are characterized by mutual influence and interdependence. However, the nature of this relationship, especially the concrete effects external actors have on the various elements of corporate strategy, is not yet fully examined. This thesis, therefore, characterizes non-market external actors and their influence on firms configuration. Pressures exerted by the government are found to be the most important and it is often difficult for companies to deal with them. In order to show possible reactions to these pressures, this thesis classifies strategic responses and summarizes the literature on corporate political activity (CPA). Based on Hillman, Keim, and Schuler s (2004) framework, hypotheses about CPA are proposed and tested using data from a survey conducted among 23 German electricity suppliers. Findings indicate that pursuing a relational approach, participating collectively, being proactive, and integrating both market and political strategy all improve the effectiveness of CPA on public policy in this industry. 100 pp. Englisch. Seller Inventory # 9783639180541

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