Document Type
Dissertation
Degree
Doctor of Philosophy (PhD)
Major/Program
Business Administration
First Advisor's Name
William Newburry
First Advisor's Committee Title
Committee Chair
Second Advisor's Name
Stav Fainshmidt
Second Advisor's Committee Title
Committee Member
Third Advisor's Name
Aya Chacar
Third Advisor's Committee Title
Committee Member
Fourth Advisor's Name
Mido Chang
Fourth Advisor's Committee Title
Committee Member
Fifth Advisor's Name
Amin Shoja
Fifth Advisor's Committee Title
Committee Member
Keywords
regulatory compliance, environmental dynamism, environmental munificence, agglomeration, industrial specialization, labor market concentration, financial reporting disclosure, workplace safety
Date of Defense
6-23-2023
Abstract
This dissertation is comprised of three essays addressing a central research question: How do the external factors (pressure from institutional actors, stakeholders, and peers) impact the decision-making of firms and their managers operating in inherently hazardous fields? Exploring this research question provides avenues to glean both practical and theoretical insights. From a practical standpoint, enhancing our understanding of the conditions under which managers are more likely to expose subordinates to elevated levels of risk may assist in averting such circumstances or adjusting deterrents when such circumstances are unavoidable. From a theoretical standpoint, this dissertation applies multiple lenses through which decision-making is modeled, and in doing so integrates them into a variety of research streams in management.
Essay 1 (The External Business Environment’s Moderating Effect on the Enforcement-Compliance Relationship) explores the impact of regulatory actors, alongside two key elements of external environment (dynamism & munificence). It demonstrates that regulatory enforcement dynamism, & munificence all directly impact regulatory compliance. While dynamism also indirectly affects compliance via its interaction with enforcement.
Essay 2 (Geographic Agglomeration & Strategic Response to Risk: An Examination of Workplace Safety) explores agglomeration and the impact of nearby firms on workplace safety. Limited evidence (p=0.075) suggests that firms with more competitors nearby operate less safely, but being situated near competitors with high productivity may lead to safer workplaces (p=0.072).
Essay 3 (Market Dynamics and the Efficacy of Disclosure Requirements) explores the role of mandatory disclosures and local market competition on safety violations. It demonstrates that disclosure requirements are effective in reducing safety violations.
Identifier
FIDC011221
Recommended Citation
Wenger, Lucas A., "A Multi-Lens Examination of Decision-making and Risk Behavior in Hazardous Settings: Essays on the Impact of Institutions, Market Conditions, Agglomeration, and Strategy on Regulatory Compliance and Safety in the United States Mining Industry" (2023). FIU Electronic Theses and Dissertations. 5344.
https://digitalcommons.fiu.edu/etd/5344
Included in
Accounting Commons, Business Law, Public Responsibility, and Ethics Commons, Strategic Management Policy Commons
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