29.01.2013 Views

University of Vaasa - Vaasan yliopisto

University of Vaasa - Vaasan yliopisto

University of Vaasa - Vaasan yliopisto

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

environmentally responsible image are: a better reputation, a more preferred partner<br />

and supplier, and a greater guest loylty.<br />

130<br />

The image perception is built through communication (supply) that should be based<br />

on actual CR actions since [P1] a reflected image is more likely to lead to desired<br />

results than a merely pragmatic image. The amount <strong>of</strong> CR actions vary in different<br />

countries <strong>of</strong> operation since [P3] a key stakeholder oriented firm adjusts the amount<br />

<strong>of</strong> its CR activities according to the context <strong>of</strong> its key stakeholders. The CR actions<br />

that a firm renders are reflected from the firm’s responsible identity – however, the<br />

identity may not be affected every time there is a change in corporate values, or at<br />

least there is a time delay. The responsible identity is a result <strong>of</strong> internalized CR<br />

values throughout the whole value chain <strong>of</strong> a firm since [P4] a responsible identity is<br />

built upon the whole value chain <strong>of</strong> the firm. These transfigured values are originated<br />

from the key stakeholders’ values since [P2] key stakeholder oriented firm forms and<br />

re-forms its values according to its key stakeholders’ values.<br />

A firm is driven on four different levels (Figure 2) that direct firms’ aggressiveness<br />

towards CR. On the micro level, which the revised model illustrates (Figure 1), firms<br />

operate under individuals’ and stakeholders’ expectations. On the industry level, or<br />

meso level, firms are pushed to CR by their partners and competitors. On the macro<br />

level, firms are required to supply CR de jure, i.e. in an accordance with society laws<br />

and regulations. And lastly on the highest level, the global level, firms are pushed<br />

towards corporate responsibility by the fact that the present ecosystem is fragile and<br />

necessitates increased attention in protecting it.<br />

Figure 2. Micro/meso/macro/global-level drivers for CR<br />

Even though this study focused on the differentiation strategy instead <strong>of</strong> cost<br />

leadership strategy, it can be concluded that the image differentiation with CR is<br />

inclusive to cost efficiency. These generic strategies should not be seen as entirely<br />

separate or different options, especially in the case <strong>of</strong> the environmentally<br />

responsible image. As Hollensen (2007: 119) concluded that “firms have a<br />

competitive advantege in a market if they <strong>of</strong>fer products…with higher perceived<br />

value to the customers and lower relative costs than competing firms”. Thus

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!