Corporate Responsibility in Scandinavian Supply Chains |
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Authors: | Robert Strand |
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Institution: | (1) Department of Business Information Technology, Pamplin College of Business, Virginia Polytechnic Institute and State University, Blacksburg, VA 24061, USA |
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Abstract: | This article examines corporate responsibility in the supply chains of four of the largest Scandinavian multinational corporations
– IKEA, Nokia, Novo Nordisk, and StatoilHydro – and offers two key findings. First, these Scandinavian companies have all
implemented responsible supply chain practices where suppliers in developing nations, and the communities of these suppliers,
are engaged as key stakeholders and treated as partners. Second, these supply chain practices all share the common bond of
having honesty and the establishment of trust-based relationships at their foundation. As a result, these Scandinavian companies
have developed a “cooperative advantage” in their ability to form successful, long-term partnerships in their respective supply
chains. |
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Keywords: | |
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