Regime theory and the development of the securities industry
Document Type
Article
Publication Title
Management and Organizational History
ISSN
1744-9359
Volume
7
Issue
2
DOI
10.1177/1744935912437484
First Page
133
Last Page
156
Publication Date
5-1-2012
Abstract
The role of governance systems is a critical factor in understanding how industries grow and change. This paper proposes that by using regime theory, a theory commonly used in political science, researchers can better understand the mechanisms of change. Specifically, it utilizes the norms, principles, rules and decision-making procedures that occur in an industry as the critical variables. This argument is supported through a historical examination of events in the US brokerage house industry, focusing on events from the 1960s through to the mid-1990s. This historical case study shows how different regimes lead to different types of change in the industry. © The Author(s) 2012.
Recommended Citation
Szyliowicz, D.
(2012).
Regime theory and the development of the securities industry.
Management and Organizational History, 7(2), 133–156.
DOI: 10.1177/1744935912437484
https://scholarlycommons.pacific.edu/esob-facarticles/328
