The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea

Corporate Social Responsibility is no longer a new concept for companies; many of them now employ CSR as a strategic tool to generate competitive advantages. Although carrying out CSR activities is generally based on discretion, it can be also formed by the institutional environment in which a firm...

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Main Author: Moon, Hyung-Ju
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Online Access:https://eprints.nottingham.ac.uk/26615/
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author Moon, Hyung-Ju
author_facet Moon, Hyung-Ju
author_sort Moon, Hyung-Ju
building Nottingham Research Data Repository
collection Online Access
description Corporate Social Responsibility is no longer a new concept for companies; many of them now employ CSR as a strategic tool to generate competitive advantages. Although carrying out CSR activities is generally based on discretion, it can be also formed by the institutional environment in which a firm belongs. Therefore, not only can the institutional condition influence a company’s strategic approach to CSR, but also the competitive advantages generated by the company’s strategic CSR can be maintained or weakened by the institutional context. This dissertation has a purpose to understand and examine the dynamics between a certain institutional environment and competitive advantages generated by a company’s strategic CSR with an interpretivism stance. In order to achieve the aim, this paper explores ‘Hyundai Motor Company (HMC)’ and South Korea as a case study for the selected period. Although the direction of HMC’s CSR strategies seems to be on the right track towards achieving competitive advantages, the institutional environment around HMC does not properly support HMC, especially the eco-friendly technology development and labour issues. Moreover, the lack of consumer rights protections also leads HMC to lose its intangible resources – reputation and image.
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spelling nottingham-266152017-10-19T14:17:36Z https://eprints.nottingham.ac.uk/26615/ The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea Moon, Hyung-Ju Corporate Social Responsibility is no longer a new concept for companies; many of them now employ CSR as a strategic tool to generate competitive advantages. Although carrying out CSR activities is generally based on discretion, it can be also formed by the institutional environment in which a firm belongs. Therefore, not only can the institutional condition influence a company’s strategic approach to CSR, but also the competitive advantages generated by the company’s strategic CSR can be maintained or weakened by the institutional context. This dissertation has a purpose to understand and examine the dynamics between a certain institutional environment and competitive advantages generated by a company’s strategic CSR with an interpretivism stance. In order to achieve the aim, this paper explores ‘Hyundai Motor Company (HMC)’ and South Korea as a case study for the selected period. Although the direction of HMC’s CSR strategies seems to be on the right track towards achieving competitive advantages, the institutional environment around HMC does not properly support HMC, especially the eco-friendly technology development and labour issues. Moreover, the lack of consumer rights protections also leads HMC to lose its intangible resources – reputation and image. 2013-09 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26615/1/HYUNG-JU%2C_MOON_-_MSc_CSR_-_Dissertation.pdf Moon, Hyung-Ju (2013) The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Moon, Hyung-Ju
The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea
title The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea
title_full The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea
title_fullStr The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea
title_full_unstemmed The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea
title_short The Link between Institutional Influences and Competitive Advantages Generated by Strategic CSR: The Case of Hyundai Motor Company in South Korea
title_sort link between institutional influences and competitive advantages generated by strategic csr: the case of hyundai motor company in south korea
url https://eprints.nottingham.ac.uk/26615/