How the introduction of new regulatory forms shapes firm self-regulation in the US automobile industry

David Cavazos

American Journal of Business, 2022, vol. 37, issue 3, 139-151

Abstract: Purpose - The current research aims to explore how the implementation of new regulatory forms contributes to firm self-regulation. Design/methodology/approach - Longitudinal analysis of firm-initiated product recalls for 15 manufacturers in the US automobile industry from 1966–2012. Findings - Examining firm-initiated product recalls for 15 manufacturers in the US automobile industry from 1966–2012 has several important findings regarding how the introduction of specific regulatory forms contributes to firm-initiated vehicle recalls. Firms are not likely to self-regulate in response to surveillance or standards-based regulation while information-based regulation results in a greater likelihood of firm self-regulation. Originality/value - This result suggests that even at the product level; firms become increasingly motivated to self-regulate as regulators introduce information-based regulations.

Keywords: Firm self-regulation; Regulation; Automobile industry (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ajbpps:ajb-08-2021-0101

DOI: 10.1108/AJB-08-2021-0101

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