AN INSTITUTIONAL PERSPECTIVE ON CORPORATE COMPLIANCE STYLES: RESOURCE AVAILABILITY AND REGULATORY CERTAINTY
Do enterprises adopt different compliance styles towards regulation, as regulatory agencies did in enforcing regulatory rules? The traditional compliance literature did not provide many perspectives to examine this question. This paper argues that four distinctive corporate compliance styles (CCSs) exist among regulatees. Drawn on the institutional theory, we propose CCS as the synthetic outcome of firms resource availability (RA) and perceived regulatory certainty (RC). This new lens helps to explain how organizational resource endowment interacts with regulatory environment in predicting the extent to which a firm will adopt a specific compliance approach. Hypotheses were tested using survey data collected in 192 manufacturing companies in China. The findings confirm the moderating role of RC on the positive association between RA and CCSs. In conclusion, we discuss the implications of these findings for research and practice.
国际会议
上海
英文
1-30
2012-05-25（万方平台首次上网日期，不代表论文的发表时间）