Firm Level Performance Implications of Nonmarket Actions
基于商业-政府关系和奥地利经济学理论，研究非市场行动如何影响企业绩效，利用北大西洋航线航空公司的数据发现非市场行动对利润、市场份额和产能利用率有显著正向影响。
This article draws from theories of business-government relations and Austrian economics to develop a model relating firm performance to the firm’s market and nonmarket actions. Nonmarket actions represent one mechanism for the implementation of firm strategies. The model is tested using an original data set covering airlines serving international routes in the North Atlantic region. Results suggest that nonmarket actions have a positive and significant impact on performance, measured in three ways: profits, market share, and capacity utilization.