Making lemonade out of lemons: port operators perceptions of their port security regulation compliance Academic Article uri icon


  • 2015, The Author(s). Firms often complain about the implementation of new regulations. Many regulations are perceived as an additional cost for no business value. This paper reviews the perceptions by the US and EU port and terminal managers of the business value port security regulation compliance gives their organization. Resource-based strategic theory is used as a framework for gauging these perceptions of value through the administration of a survey to all EU and US port and terminal operators on their security compliance with best practices. Although some managers perceive that a variety of security assets under their control are very important to their business value, most agree that it is the way security assets are deployed or the right combination of assets that is perceived to add the value. The right combination of assets, capabilities, and competencies are perceived to give an organization-enhanced value if the combination is valuable, rare, inimitable, and/or not easily substitutable (VRIN).

published proceedings

  • WMU Journal of Maritime Affairs

author list (cited authors)

  • Mileski, J., Mejia, M., & Ferrell, T.

citation count

  • 4

complete list of authors

  • Mileski, Joan||Mejia, Max||Ferrell, Taylor

publication date

  • April 2015