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Corporate political activity : a comparison of local and foreign company strategies

Dissertation (MBA)--University of Pretoria, 2013.

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Other Authors: Wocke, Albert
Format: Thesis
Language:English
Published: University of Pretoria 2014
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access_status_str Open Access
author2 Wocke, Albert
author_browse Wocke, Albert
author_facet Wocke, Albert
collection Thesis
dc_rights_str_mv © 2014 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, 2013.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:38:04.955Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2014
publishDateRange 2014
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publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/40075 Corporate political activity : a comparison of local and foreign company strategies Wocke, Albert ichelp@gibs.co.za Moodley, Terence UCTD Organizational behavior Dissertation (MBA)--University of Pretoria, 2013. Corporate political activity (CPA) refers to the actions firms undertake to influence government policy in order to create a favourable environment for their business. Emerging markets are currently a strategic focus area for growth, especially for multinational enterprises (MNEs). In these emerging markets, MNEs stand to benefit from greater access to traditional resources but face a liability of foreignness (LOF), whereas local companies benefit from local understanding, protectionism and social embeddedness. This research attempts to discern whether these factors translate to a difference in corporate political strategy in local and foreign firms. The survey responses of 107 senior managers and executives of healthcare companies in South Africa provided valuable insights into corporate political strategy and perspectives regarding regulatory uncertainty. Although there is general alignment in the CPA of both groups, the research revealed that foreign companies are more proactive in their endeavours. Overall there was also considerable commonality in the strategic adoption under uncertainty for both groups of companies, however local companies are more likely to adopt an avoidance strategy and withdraw from uncertain markets. Companies with higher turnover are more proactive and relational in their approach to CPA. Foreign companies appear to have successfully overcome the Liability of Foreignness (LOF) in this setting through various actions and this provides useful learnings. A schematic model interpreting the research findings is supplied. Other insights for policy-makers and managers are provided and recommendations for further research are delivered. mngibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-06-08T18:47:51Z 2014-06-08T18:47:51Z 2014-04-30 2014-06-08 Mini Dissertation Moodley, T 2014-06-08, Corporate political activity : a comparison of local and foreign company strategies, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40075> http://hdl.handle.net/2263/40075 en © 2014 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
Organizational behavior
Corporate political activity : a comparison of local and foreign company strategies
title Corporate political activity : a comparison of local and foreign company strategies
title_full Corporate political activity : a comparison of local and foreign company strategies
title_fullStr Corporate political activity : a comparison of local and foreign company strategies
title_full_unstemmed Corporate political activity : a comparison of local and foreign company strategies
title_short Corporate political activity : a comparison of local and foreign company strategies
title_sort corporate political activity a comparison of local and foreign company strategies
topic UCTD
Organizational behavior
url http://hdl.handle.net/2263/40075