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Incentives for swedish pharmacies’ sustainability reporting: weak stakeholder influence and strong legal demands

Möllerström, Ulrika LU (2017) RÄSM02 20171
Department of Sociology of Law
Abstract
The purpose of this thesis was to explore the Swedish pharmacy market and the potential influence different levels of legal pressure have on sustainability reporting. Interviews with pharmacy representatives and document analysis of sustainability reports and policies were combined, grounded in a constructivist perspective to analyze incentives for sustainability reporting. The data collected was thematically analyzed using concepts of power and Triple Bottom Line, internal/external incentive and level of norms. Furthermore, stakeholder theory and legal pluralism were applied to illuminate and discuss results in regards to their potential influence on sustainability reporting practice. The research found that only two of 43 pharmacy actors... (More)
The purpose of this thesis was to explore the Swedish pharmacy market and the potential influence different levels of legal pressure have on sustainability reporting. Interviews with pharmacy representatives and document analysis of sustainability reports and policies were combined, grounded in a constructivist perspective to analyze incentives for sustainability reporting. The data collected was thematically analyzed using concepts of power and Triple Bottom Line, internal/external incentive and level of norms. Furthermore, stakeholder theory and legal pluralism were applied to illuminate and discuss results in regards to their potential influence on sustainability reporting practice. The research found that only two of 43 pharmacy actors proved to have sustainability reports available, and two others said to start reporting this year, due to new legal requirements. All pharmacies said external incentives like customer expectations were important influencers of sustainability. Still, not until legal demands are relevant, two more decided to report. Thus, social norms are not as influential as legal norms.

As the study is limited to one industry and country, results are not representative of sustainability incentives across industries nor the EU. Still, the research offers insight in both regulatory implications, like the results of the Amending Directive 2014/95/EU, and the various influencers of corporate governance. The thesis originality and value lies in filling the gap of knowledge identified in the literature review, in regards to a lack of research on sustainability reporting in pharmacy retail. Moreover, the topic is highly relevant due to national legal changes in for instance the Swedish Accounts Legislation (1995:1554), following EU directive 2014/95/EU creating a new context for sustainability. (Less)
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author
Möllerström, Ulrika LU
supervisor
organization
course
RÄSM02 20171
year
type
H2 - Master's Degree (Two Years)
subject
keywords
stakeholder theory, legal pluralism, stakeholders, incentive, sustainability reporting, Sweden, pharmacy retail, thematic analysis
language
English
id
8911333
date added to LUP
2017-06-15 11:33:40
date last changed
2017-06-15 11:33:40
@misc{8911333,
  abstract     = {The purpose of this thesis was to explore the Swedish pharmacy market and the potential influence different levels of legal pressure have on sustainability reporting. Interviews with pharmacy representatives and document analysis of sustainability reports and policies were combined, grounded in a constructivist perspective to analyze incentives for sustainability reporting. The data collected was thematically analyzed using concepts of power and Triple Bottom Line, internal/external incentive and level of norms. Furthermore, stakeholder theory and legal pluralism were applied to illuminate and discuss results in regards to their potential influence on sustainability reporting practice. The research found that only two of 43 pharmacy actors proved to have sustainability reports available, and two others said to start reporting this year, due to new legal requirements. All pharmacies said external incentives like customer expectations were important influencers of sustainability. Still, not until legal demands are relevant, two more decided to report. Thus, social norms are not as influential as legal norms.

As the study is limited to one industry and country, results are not representative of sustainability incentives across industries nor the EU. Still, the research offers insight in both regulatory implications, like the results of the Amending Directive 2014/95/EU, and the various influencers of corporate governance. The thesis originality and value lies in filling the gap of knowledge identified in the literature review, in regards to a lack of research on sustainability reporting in pharmacy retail. Moreover, the topic is highly relevant due to national legal changes in for instance the Swedish Accounts Legislation (1995:1554), following EU directive 2014/95/EU creating a new context for sustainability.},
  author       = {Möllerström, Ulrika},
  keyword      = {stakeholder theory,legal pluralism,stakeholders,incentive,sustainability reporting,Sweden,pharmacy retail,thematic analysis},
  language     = {eng},
  note         = {Student Paper},
  title        = {Incentives for swedish pharmacies’ sustainability reporting: weak stakeholder influence and strong legal demands},
  year         = {2017},
}