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Institutions and strategy in dynamic markets : the case of Vale in Mozambique
Dissertation (MBA)--University of Pretoria, 2012.
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University of Pretoria
2013
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| _version_ | 1867613458408669184 |
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| access_status_str | Open Access |
| author2 | White, Lyal |
| author_browse | White, Lyal |
| author_facet | White, Lyal |
| collection | Thesis |
| dc_rights_str_mv | © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. |
| description | Dissertation (MBA)--University of Pretoria, 2012. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/22814 |
| institution | University of Pretoria (South Africa) |
| last_indexed | 2026-06-10T12:36:28.181Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2013 |
| publishDateRange | 2013 |
| publishDateSort | 2013 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/22814 Institutions and strategy in dynamic markets : the case of Vale in Mozambique White, Lyal ichelp@gibs.co.za Nupen, Stewart Robert Quentin UCTD Dynamic markets Company strategy infrastructure Emerging markets Mozambique Theory of institutions Vale Dissertation (MBA)--University of Pretoria, 2012. Vale, a Brazilian-based, multinational mining company is used as a case study to investigate the impact of institutions on company strategy in dynamic markets. The research focuses on Vale’s exploration and development of the coal deposits of Mozambique, a country in which the institutional environment was decimated by war between 1964 and 1992.The objective of the research is to investigate how using the theory of institutions, as articulated in international business and corporate strategy literature, could be useful in understanding how firms make strategic choices and seek to gain competitive advantage in dynamic markets. In addition, the research provides a case study based in an African market, which will add to the material available for teaching general management principles in dynamic markets.The research demonstrates the importance of the link between Brazil’s foreign policy between 2000 and 2010, and Vale’s expansion strategies in Africa at that time. It highlights the institutional deficiencies in Mozambique at the time of Vale’s entrance, such as the limited rail infrastructure and weakly developed mineral rights legislation; and shows how Vale has been able to turn these deficiencies into competitive advantage, and has developed a dominant position in an internationally significant coalfield.In this way, the research supports the “institutional-view” of strategy, as articulated by Peng, Wang and Jiang (2008) and positions the role of institutions as being at least as important as industry and company resource factors in determining company strategy in dynamic markets.The challenge presented to readers of the case is to describe the institutional landscape in Mozambique and assess Vale’s response to it, using Khanna, Palepu and Sinha’s (2005) framework; to assess the merit of Peng et al.’s (2008) “strategy-tripod” when considering dynamic market strategy; and to consider the economic, political and social context facing Vale in trying to maintain and grow their competitive position. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T13:48:23Z 2013-04-30 2013-09-06T13:48:23Z 2013-04-25 2012 2013-02-24 Dissertation Nupen, SRQ 2012, Institutions and strategy in dynamic markets : the case of Vale in Mozambique, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/22814 > F13/4/245/zw http://hdl.handle.net/2263/22814 http://upetd.up.ac.za/thesis/available/etd-02242013-112512/ © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Dynamic markets Company strategy infrastructure Emerging markets Mozambique Theory of institutions Vale Institutions and strategy in dynamic markets : the case of Vale in Mozambique |
| title | Institutions and strategy in dynamic markets : the case of Vale in Mozambique |
| title_full | Institutions and strategy in dynamic markets : the case of Vale in Mozambique |
| title_fullStr | Institutions and strategy in dynamic markets : the case of Vale in Mozambique |
| title_full_unstemmed | Institutions and strategy in dynamic markets : the case of Vale in Mozambique |
| title_short | Institutions and strategy in dynamic markets : the case of Vale in Mozambique |
| title_sort | institutions and strategy in dynamic markets the case of vale in mozambique |
| topic | UCTD Dynamic markets Company strategy infrastructure Emerging markets Mozambique Theory of institutions Vale |
| url | http://hdl.handle.net/2263/22814 http://upetd.up.ac.za/thesis/available/etd-02242013-112512/ |