New Developments in the Brewing Industry: The Role of Institutions and Ownership

by Erik Strïjer Madsen, Jens Gammelgaard, Bersant Hobdari

Overview

Institutions and ownership play a central role in the transformation and development of the beer market and brewing industry. Institutions set the external environment of the brewery through both formal requirements and informal acceptance of company operations by the public. On the other hand, owners and managers adapt to these external challenges while following their own strategic agenda. This book explores the implications of this dynamic for the breweries, discussing how changes in institutions have contributed to the restructuring of the industry and the ways in which breweries have responded, including a craft beer revolution with a surge in demand of special flowered hops, a globalization strategy from the macro breweries, outsourcing by contract brewing, and knowledge exchange for small sized breweries.

Structured in two parts, with a focus on institutions (Part I) and ownership (Part II) respectively, this book examines the link between institutions and governance in one of the most dynamic and innovative industries.

Product Details

ISBN-13:	9780198854609
Publisher:	Oxford University Press
Publication date:	07/14/2020
Pages:	352
Product dimensions:	9.30(w) x 6.20(h) x 1.00(d)

About the Author

Erik Strøjer Madsen, Associate Professor, Aarhus University,Jens Gammelgaard, Professor MSO, Copenhagen Business School,Bersant Hobdari, Associate Professor, Copenhagen Business School

Erik Strøjer Madsen is Associate Professor at the Department of Economics and Business Economics, Aarhus University, Denmark. His research interests include industrial economics and international economics. His recent focus has been on the brewing industry, and he has published several papers on the globalization of the brewing industry.



Jens Gammelgaard is a Professor MSO and head of department at Copenhagen Business School. He researches the brewery sector and international business with a focus on headquarters-subsidiary relationships. He has published in journals such as Organization Studies, British Journal of Management, and Journal of World Business.


Bersant Hobdari is Associate Professor at Copenhagen Business School. His research interests span the areas of corporate governance, international business, and economics. He has researched and published on the impact of ownership types and board of directors, and the role of national governance bundles on firm operations in developed, developing, and emerging economies.

Table of Contents

Introduction: Interaction Between Institutions and Governance Management in the Brewing Industry, Erik Strøjer Madsen, Jens Gammelgaard and Bersant HobdariPART I. Institution: Formal and Informal1. Beer Brands From the Perspective of Young Consumers in Croatia, With an Emphasis on Gender Differences, Blazenka Knezevic, Petra Skrobot and Mia Delic2. Navigating the Regulatory Environment in American Urban Areas: The Case of American Craft Breweries, Matthew Lehnert, Isabelle Nilsson and Neil Reid3. The Dynamics of the Hop Industry, Sven Van Kerckhoven, Michelangelo van Meerten, Casey Wellman4. Science Knowledge Exchange as Brewing Sector Trends Analysis: The Case of The European Brewery Convention Congress, Jan Marian Lichota and John Brauer5. Price Promotion in Space and Time: Some Evidence for the German Beer Market, Jens-Peter Loy, Thomas Glauben, and Amelie Mongrowius6. Brewing Industry Concentration and the Introduction of the Beer Excise in Australia and New Zealand in the Late Nineteenth Century, Brett J. StubbsPART II. Ownership: Corporate governance and Industry Consolidation7. The 'Largest Beer Bottlers in the World': Developing Whitbread & Co's Bottling Business, 1869-1914, David Turner8. Branding and Consolidation in the Global Beer Market, Erik Strøjer Madsen9. Industry Concentration and the Entry of Craft Producers in the Global Beer Market, Christian Garavaglia and Johan Swinnen10. Contract Brewing and its Implications for the Beer Industry, Sven Van Kerckhoven, Michelangelo van Meerten, and Casey Wellman11. The Internationalization of Craft Beer, Martin Stack12. Corporate Governance and Internationalization in Japanese Brewing Companies: The Cases of Suntory and Kirin Breweries, Christopher Williams, Kanako Kitayama, and Seijiro Takeshita13. Corporate Governance, the Craft Brew Alliance Inc and A-B, Neil Maltby

Editorial Reviews

"Each essay helps provide a complete understanding of the industry on a global scale. Teaching faculty could use any of the essays to explain such basic concepts as supply and demand or price promotion equations. In such scenarios, the fact that the book just happens to be about beer may be an added attraction for students." — R. I. Attebury, CHOICE

From the Publisher