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Implications of Policy Incentives for Strategic Control: An Intergrative Model

Chau, Vinh Sum, Witcher, Barry J. (2005) Implications of Policy Incentives for Strategic Control: An Intergrative Model. Annals of Public and Cooperative Economics, 76 (1). pp. 85-119. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:25561)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided.

Abstract

This paper proposes an internal management

perspective of the company, as a complement to longstanding

principal-agency theory, for understanding the interchange

between regulator and company. It draws from a longitudinal

research project on understanding the implications of regulation

policy incentives for strategic control in the management of UK

monopoly network utilities and the management implications of

regulatory policy making. This paper reports on how two utility

companies have managed regulatory objectives alongside organizational

ones in electricity distribution and gas transportation

and suggests a new integrative model of strategic control for

understanding utility management. It concludes if regulation

policies are to be effective then regulators should understand the

internal management of the companies if performance targets are

to be attained.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Divisions > Kent Business School - Division > Department of Leadership and Management
Depositing User: J. Ziya
Date Deposited: 23 Sep 2010 14:52 UTC
Last Modified: 16 Nov 2021 10:03 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/25561 (The current URI for this page, for reference purposes)

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