Abstract
Despite the importance of the conflicting dimensions of corporate sustainability for business strategy, little is known about the tensions that derive from adopting global environmental and social standards in East Asia. Through 65 in-depth interviews conducted in Tokyo and Seoul, this article examines the tensions—and reactions to these tensions—of corporate sustainability managers tasked with the implementation of such standards in Japanese and South Korean multinational corporations. These represent key contexts of inquiry because of their normative tradition of corporate sustainability and geographical closeness. While elucidating that corporate sustainability managers in both countries encounter societal-commercial, traditional-modern, and individual-collective tensions, the article describes the ways they react differently to these tensions. This article contributes to the literature on corporate sustainability and tensions and the contextual literature on corporate sustainability in Japan and South Korea, ultimately offering takeaways for the strategic planning of multinational corporations.
Original language | English |
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Pages (from-to) | 875-891 |
Number of pages | 17 |
Journal | Business Strategy and the Environment |
Volume | 31 |
Issue number | 3 |
Early online date | 2 Nov 2021 |
DOIs | |
Publication status | Published - Mar 2022 |
Bibliographical note
Funding Information:Enrico Fontana and Hyemi Shin are particularly indebted to Andreas Rasche (Copenhagen Business School), Friederike Döbbe (Stockholm School of Economics), and Rachelle Belinga (Drew University) for their very helpful suggestions during the online “Work‐in‐Progress” seminar organized by the Mistra Centre for Sustainable Markets in November 2020. Enrico Fontana would also like to thank the European Institute for Japanese Studies (Stockholm School of Economics, Sweden) and the Centre for Social and Sustainable Innovation (CSSI) (Gustavson School of Business, University of Victoria, British Columbia, Canada) for supporting this research. CSSI receives funding from Newmont Goldcorp Inc.
Publisher Copyright:
© 2021 The Authors. Business Strategy and The Environment published by ERP Environment and John Wiley & Sons Ltd.
Keywords
- business strategy
- corporate sustainability
- Japan
- managers
- multinational corporations
- South Korea
- tensions
ASJC Scopus subject areas
- Business and International Management
- Geography, Planning and Development
- Strategy and Management
- Management, Monitoring, Policy and Law