The Search for Synergies - An exploration of differences in challenges and opportunities in managing sustainable activities across developed and emerging markets
(2024) BUSN09 20241Department of Business Administration
- Abstract
- Title:
The Search for Synergies - An exploration of differences in challenges and opportunities in managing sustainable activities across developed and emerging markets
Seminar Date:
2024-05-30
Course:
BUSN09, Degree project in International Strategic Management
Authors:
Adam Fornell and Clarissa Nadya
Supervisor:
Magnus Johansson
Keywords:
Multinational Corporations, Sustainable Value Creation, Global Value Chain, Synergy
Purpose:
This thesis aims to synthesize existing– and previously isolated– frameworks on SVC through the lens of ABV and MNC synergy in the lens of international business. Additionally, the aim is to provide a deeper understanding of how Nordic MNCs could synergize their SVC activities... (More) - Title:
The Search for Synergies - An exploration of differences in challenges and opportunities in managing sustainable activities across developed and emerging markets
Seminar Date:
2024-05-30
Course:
BUSN09, Degree project in International Strategic Management
Authors:
Adam Fornell and Clarissa Nadya
Supervisor:
Magnus Johansson
Keywords:
Multinational Corporations, Sustainable Value Creation, Global Value Chain, Synergy
Purpose:
This thesis aims to synthesize existing– and previously isolated– frameworks on SVC through the lens of ABV and MNC synergy in the lens of international business. Additionally, the aim is to provide a deeper understanding of how Nordic MNCs could synergize their SVC activities across all their operating markets, alongside possible challenges and opportunities in doing so.
Methodology:
To meet the twofold purpose of this thesis, a qualitative abductive approach is chosen to compare multiple cases. The data collection was based on semi-structured interviews with eight corporate managers in foremost sustainability from three case companies.
Theoretical Perspectives:
This study is based on the Activity-based view coupled with theoretical lenses in value creation, global value chain, sustainability value creation, synergy in multinational corporations and governance which also constructs the theoretical framework.
Empirical Foundation:
The empirical findings are based on comparison between three case studies in terms of the themes in balance of decentralization and centralisation, similarities and differences affecting sustainable value creation in developed and emerging markets as well as the balancing act between sustainable activities and profitability.
Conclusion:
The findings suggest a shift in package logic in regards to MNCs' effort to synergize their SVC activities through different means such as shared tools and best-practice sharing forums. Furthermore, HQ holds a triple role of controller, facilitator, and stakeholder integrator to ensure collaborations, priority setting, and coherent compliance across all markets. Moreover, GVC SVC and GVC Governance should also be viewed as interdependent elements, and the strategy formulation on GVC SVC and GVC governance should be developed iteratively. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9158976
- author
- Nadya, Clarissa LU and Fornell, Adam LU
- supervisor
- organization
- course
- BUSN09 20241
- year
- 2024
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Multinational Corporations, Sustainable Value Creation, Global Value Chain, Synergy
- language
- English
- id
- 9158976
- date added to LUP
- 2024-06-26 12:45:14
- date last changed
- 2024-06-26 12:45:14
@misc{9158976, abstract = {{Title: The Search for Synergies - An exploration of differences in challenges and opportunities in managing sustainable activities across developed and emerging markets Seminar Date: 2024-05-30 Course: BUSN09, Degree project in International Strategic Management Authors: Adam Fornell and Clarissa Nadya Supervisor: Magnus Johansson Keywords: Multinational Corporations, Sustainable Value Creation, Global Value Chain, Synergy Purpose: This thesis aims to synthesize existing– and previously isolated– frameworks on SVC through the lens of ABV and MNC synergy in the lens of international business. Additionally, the aim is to provide a deeper understanding of how Nordic MNCs could synergize their SVC activities across all their operating markets, alongside possible challenges and opportunities in doing so. Methodology: To meet the twofold purpose of this thesis, a qualitative abductive approach is chosen to compare multiple cases. The data collection was based on semi-structured interviews with eight corporate managers in foremost sustainability from three case companies. Theoretical Perspectives: This study is based on the Activity-based view coupled with theoretical lenses in value creation, global value chain, sustainability value creation, synergy in multinational corporations and governance which also constructs the theoretical framework. Empirical Foundation: The empirical findings are based on comparison between three case studies in terms of the themes in balance of decentralization and centralisation, similarities and differences affecting sustainable value creation in developed and emerging markets as well as the balancing act between sustainable activities and profitability. Conclusion: The findings suggest a shift in package logic in regards to MNCs' effort to synergize their SVC activities through different means such as shared tools and best-practice sharing forums. Furthermore, HQ holds a triple role of controller, facilitator, and stakeholder integrator to ensure collaborations, priority setting, and coherent compliance across all markets. Moreover, GVC SVC and GVC Governance should also be viewed as interdependent elements, and the strategy formulation on GVC SVC and GVC governance should be developed iteratively.}}, author = {{Nadya, Clarissa and Fornell, Adam}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Search for Synergies - An exploration of differences in challenges and opportunities in managing sustainable activities across developed and emerging markets}}, year = {{2024}}, }