Masterarbeit, 2017
169 Seiten
CHAPTER ONE INTRODUCTION
1.0 Overview
1.1 Context of the study
1.2 Statement of the problem
1.3 Purpose of the study
1.4 Research Questions, Aims and Objectives
1.4.1 Research Questions
1.4.2 Research Aims
1.4.3 Research Objectives
1.5 Scope of the study
1.5.1 Geographical scope
1.5.2 Subject scope
1.6 Significance of the study
1.7 Outline of the study
CHAPTER TWO LITERATURE REVIEW
PART (A): CORPORATE SOCIAL RESPONSIBILITY AND THE INSURANCE INDUSTRY
2.0 Introduction
2.1 Historical background, Definitions and Conceptualisation of CSR
2.1.1 Historical background of CSR
2.1.2 Definition and Conceptualisation of CSR
2.1.2A General definitions and Conceptualisation of CSR
2.1.2B Adopted definition of CSR for this study
2.1.3 Layers of CSR
2.1.4 Motivation/Drivers of CSR engagement
2.1.5 Communicating CSR initiatives
2.1.6 Benefits of engaging in CSR
2.1.7 Scepticisms of CSR
2.1.8 Summary of key contributors to CSR
2.2 CSR and the Insurance Industry
2.2.1 CSR in the international industry
2.2.2 CSR in Uganda
PART (B): NATIONAL CULTURE AND CORRUPTION
2.3 National Culture
2.3.1 General perspectives and definitions of culture
2.3.2 National culture and CSR
2.3.3 Hofstede cultural dimensions-Their implications and empirical evaluation
2.3.4 Relationship between Hofstede’s cultural dimensions and CSR
2.3.5 Culture in the Ugandan context- Historical perspectives and position on Hofstede’s dimensions
2.4 Linking CSR with Corruption
2.4.1 General perception and definition of corruption
2.4.2 Adopted definition of corruption for this study
2.4.3 Impact of CSR on corruption
2.4.5 National culture and the perception of corruption-Hofstede dimensions
CHAPTER THREE THEORETICAL PERSPECTIVES, RATIONALE, RESEARCH FRAMEWORK AND HYPOTHESES DEVELOPMENT
3.0 Introduction
3.1 Theoretical perspectives
3.1.1 Stakeholder theory
3.1.2 Characterization of Stakeholders
3.1.3 Stakeholder view and CSR dimensions
3.2 Rationale of the study
3.3 Proposed theoretical framework
3.4 Hypotheses Development
3.4.1 National culture and CSR
3.4.2 National culture and corruption
3.4.3 CSR and corruption
3.4.4 Stakeholder perception of CSR
CHAPTER FOUR METHODOLOGY
4.0 Introduction
4.1 Research process
4.2 Research philosophy
4.2.1 Ontological perspectives
4.2.2 Epistemological perspectives
4.2.4 Ontological and Epistemological issues related with this study
4.2.5 Research Strategy
4.4 Research Design
4.5 Time horizon
4.6 Study Population
4.7 Sampling procedure
4.8 Sample Size
4.9 Sampling Techniques
4.9.1 Purposive Sampling Technique
4.9.2 Expert Sampling Technique
4.9.3 Simple Random Sampling
4.10 Research ethical considerations
CHAPTER FIVE DATA COLLECTION AND ANALYSIS PROCEDURES
5.0 Data collection methods
5.1 Mixed Methods approach
5.2 Sources of data
5.2.1 Interview design
5.2.2 Researcher’s role during Interviews
5.2.3 Questionnaire design
5.2.4 Content/Archival Analysis/Review
5.3 Data collection techniques
5.4 Data Analysis and Procedures
5.4.1 Quantitative Data Analysis
5.4.2 Qualitative data analysis
5.5 Reliability, validity and transferability issues
CHAPTER SIX EMPIRICAL ANALYSIS AND PRESENTATION OF RESEARCH FINDINGS
6.0 Introduction
6.1 CSR definitions among insurance companies in Uganda
6.2 Key Observations-CSR awareness and Conceptualisation among Insurance companies in Uganda
6.3 Motivation for CSR among Insurance companies in Uganda
6.4 CSR Practices among Insurance Companies in Uganda
6.4.1 Community-Related CSR Practices among Uganda Insurance Companies
6.4.2 Employee-Related CSR Practices
6.4.3 Environment-Related CSR Activities
6.5 Stakeholders’ perceptions of a socially responsible insurance company (INCO.)
6.7 Insurance Managers’ perceptions of irresponsible corporate behaviour or corruption in the Uganda insurance industry
6.8 Uganda Insurance Companies’ financial commitment to CSR
CHAPTER 7 DISCUSSION
7.0 Introduction
7.1 Hypotheses with significant relationships
7.2 Hypotheses with non-significant relationships
7.2.1 The Ugandan culture will have a significant and negative influence on managers’ CSR decisions and engagement
7.2.2 Low ethical standards will be observed among Uganda insurance companies.
7.2.3 CSR engagement will not actively and positively prevent irresponsible corporate behaviours among Uganda insurance companies.
7.3 Socio-Demographic characteristics of Identifiable Stakeholders
7.3.1 Gender characteristics of Identifiable Stakeholders
7.3.2 Age Structure of Identifiable Stakeholder Respondents
7.3.3 Educational Background of stakeholder Respondents
7.3.4 Commission and Bribery in Insurance business
CHAPTER 8 CONCLUSION AND RECOMMENDATIONS
8.1 Conclusion
8.2 Contributions of the study
8.2.1 Academic contribution
8.2.2 Contribution to practice
8.3 Recommendations
8.3.1 Resources allocation for CSR
8.3.2 Mitigation of irresponsible behaviours among insurance companies in Uganda
8.3.3 Supporting motor insurance third party claimants (Motor accident victims) through CSR
8.3.4 Consumer demographics
8.3.5 Strategic philanthropy
8.4 Limitations of the study
8.4.1 Methodological limitations
8.4.2 Resources limitations
8.4.3 Technical limitations
8.5 Areas for future research
The primary objective of this research is to investigate the influence of national culture on Corporate Social Responsibility (CSR) engagement, its subsequent impact on corruption levels, and the perceptions of individual stakeholders regarding these corporate behaviours within the insurance sector in Uganda. By applying a mixed methods approach, the study aims to bridge gaps in existing literature that are predominantly Western-focused and provide empirical evidence on how cultural dimensions shape CSR implementation and transparency in a developing market context.
1.1 Context of the study
Insurance companies operate as financial intermediaries in society, they price and value financial assets, monitor borrowers and manage financial risks, especially in circumstances and situations that people usually try to avoid (Greenbaum and Thakor, 2007). Moreover, by performing these functions, insurance companies impact on society, and in doing so, they usually require firms and households to adopt certain behaviours, to reduce the risk of moral hazard and adverse selection (Scott, 2003). Similarly, it is suggested that financial institutions play an important and positive role in economic development (Beck et al., 2010; Beck and Levine, 2004). Thus, as economic development is directly linked to human, social and environmental development, insurance companies are very likely to impact on sustainable development of other firms and households (Scholtens, 2006).
At the firm level, Elkington (1998) argues that sustainable development translates into Corporate social responsibility (CSR), and as such, due to the impact businesses have on society, firms including insurance companies have increasingly been called upon to adopt strategies beyond the financial scope of their operations, and to consider their social and environmental impact on society (Carrol, 1991; Carrol and Shabana, 2010). In response, most leading firms in diverse industries have demonstrated increased interest in CSR, and most recently, they have advanced their commitment for implementing CSR strategies (Penn, 2008). In fact, firms have already begun to announce their commitment to the implementation of environmental protection approaches aimed at reducing greenhouse gas emissions (Beasley, 2008). Likewise, large global insurance firms’ websites present diverse CSR programs (Tang and Li, 2009). From the stakeholders’ perspective, some studies have suggested that firms would eagerly respond to public concerns regarding their operations, and engage in socially responsible practices (Lantos, 2001). However, other than CSR ratings which are usually generic and done by specialised agencies, so far, there is no proper framework to assess firms’ CSR engagement (Chatterji and Levine, 2008; Chatterji et al., 2009).
CHAPTER ONE INTRODUCTION: This chapter provides an overview of the study context, the research problems, and the research objectives related to CSR in the Ugandan insurance industry.
CHAPTER TWO LITERATURE REVIEW: This chapter covers the historical background and conceptual framework of CSR, national culture, and their linkages to corruption in an international and Ugandan context.
CHAPTER THREE THEORETICAL PERSPECTIVES, RATIONALE, RESEARCH FRAMEWORK AND HYPOTHESES DEVELOPMENT: This chapter establishes the theoretical foundation (stakeholder theory), develops the research framework, and introduces the testable hypotheses.
CHAPTER FOUR METHODOLOGY: This chapter explains the research philosophy, strategy, design, and data collection procedures, emphasizing the adoption of a mixed-methods approach.
CHAPTER FIVE DATA COLLECTION AND ANALYSIS PROCEDURES: This chapter details the mixed-methods approach used to gather primary data from insurance managers and various stakeholders, along with the analysis techniques.
CHAPTER SIX EMPIRICAL ANALYSIS AND PRESENTATION OF RESEARCH FINDINGS: This chapter presents the empirical results derived from the survey and interviews regarding CSR practices, awareness, and managers' perceptions.
CHAPTER 7 DISCUSSION: This chapter discusses the research findings, evaluates the hypotheses against collected data, and interprets the role of culture and stakeholder perceptions.
CHAPTER 8 CONCLUSION AND RECOMMENDATIONS: This final chapter synthesizes the research outcomes, offers recommendations for insurance firms, acknowledges study limitations, and suggests areas for future research.
Corporate Social Responsibility, CSR, National Culture, Insurance Industry, Uganda, Corruption, Stakeholder Theory, Hofstede Cultural Dimensions, Mixed Methods, Financial Performance, Sustainability, Transparency, Implicit CSR, Explicit CSR, Stakeholder Perception
The dissertation explores the relationship between national culture and Corporate Social Responsibility (CSR) engagement within the insurance sector in Uganda, specifically examining how these factors influence corruption and stakeholder perceptions.
The study examines the conceptualization of CSR, the role of cultural antecedents (Hofstede’s dimensions) in shaping management decisions, the impact of CSR on organizational integrity, and the expectations of key stakeholders.
The primary aim is to determine if national culture influences CSR engagement and how such engagement affects corruption levels and stakeholder perceptions among Ugandan insurance firms.
The study utilizes a mixed-methods approach, combining quantitative data from questionnaires distributed to 85 stakeholders and qualitative data gathered through semi-structured interviews with 15 managers/representatives.
The main body covers the theoretical framework of stakeholder theory, the historical context of CSR in Uganda, the empirical analysis of CSR practices in insurance firms, and a comprehensive discussion on the influence of national culture.
This study is characterized by its empirical focus on a specific emerging market service industry, its use of Hofstede's cultural model, and its pragmatic application of triangulation to reconcile quantitative and qualitative data.
The study adopts stakeholder theory, positioning managers, customers, employees, and community members as essential actors whose perceptions and needs drive the ethical and strategic imperatives of the firm.
The study finds that while corruption is a significant challenge often perceived as a "norm" due to industry competition, CSR engagement, when implemented transparently, has the potential to mitigate these risks and improve corporate reputation.
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