Abstract
Business regulation is only successful when firms comply. Compliance is determined by several factors, including knowledge-of/attitude-towards regulation, which we suggest consists of both burden and value. Existing literature generally ignores regulatory value and focuses on larger firms in ‘high-risk’ industries. We explore Perceived Own-Firm and Perceived Competitor Compliance in English accommodation micro-firms. Perceived Own-Firm Compliance exceeds Perceived-Knowledge of regulation, and has the strongest (positive) association with Perceived-Value. Perceived Competitor Compliance is thought to be very low and is (negatively) associated with Perceived-Value and Perceived-Burden. Furthermore, the factors associated with greater Perceived Own-Firm Compliance are associated with lower Perceived Competitor Compliance.
Original language | English |
---|---|
Pages (from-to) | 293-306 |
Number of pages | 14 |
Journal | Journal of General Management |
Volume | 48 |
Issue number | 3 |
Early online date | 28 Nov 2022 |
DOIs | |
Publication status | Published - 11 Apr 2023 |
Bibliographical note
The author(s) received no financial support for the research, authorship, and/or publication of this article.Keywords
- compliance
- knowledge
- micro-firms
- regulation
- self-assessment
ASJC Scopus subject areas
- Business, Management and Accounting (miscellaneous)
- Strategy and Management