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The logic of regulatory venue shopping: a firm's perspective

Coen, D; Guidi, M; Yordanova, N; Héritier, H; (2019) The logic of regulatory venue shopping: a firm's perspective. Public Policy and Adminstration (In press). Green open access

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Abstract

Drawing on an original and unprecedented survey data set of 243 medium- and big sized firms operating in five sectors(energy, telecommunications, railways, airlines, and postal services) and across 29 European countries, we analyse what incentivizes firms to interact with and influence multiple regulators. In so doing, we map the regulatory opportunity structure and scrutinize firms’ venue shopping logics. The study shows that firms can clearly identify where the locus of political and regulatory competence lies and that they concentrate their activities at this level. In particular, the data shows that the national level is still the most important target level for regulatory representation. Regulatory venue shopping, the study illustrates, occurs when issues are highly salient, highly technical and when high stakes are involved. Notably, we show that firms tend to address more regulators in sectors characterized by higher international competitiveness to mitigate uncertainty when operating in multiple markets and facing rivalry from international competitors.

Type: Article
Title: The logic of regulatory venue shopping: a firm's perspective
Open access status: An open access version is available from UCL Discovery
Publisher version: https://journals.sagepub.com/home/ppa
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Venue shopping, Regulation, Business-Government Relations
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Political Science
URI: https://discovery.ucl.ac.uk/id/eprint/10064368
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