This paper attempts to gain a deeper understanding of the firm's ability for integrating stakeholder insights into the process of organisational innovation within the context of sustainable development. Given the early stage of empirical research on the topic, we used an exploratory case study...

The purpose of this paper is to build on the emerging stakeholder model of corporate governance by analyzing the CSR function at board level, board diversity, and stakeholder engagement, and how it relates to financial performance. Based on an empirical study of an international sample of large...

The purpose of this research paper is to show that the environmental variable influences companies' value creation processes. The goal of any strategy is to achieve sustained superior performance, and this depends on the industry's attractiveness and the choice of business positioning. In turn,...

Como su propio nombre indica, el objetivo del trabajo de investigación que se presenta en este documento ha sido profundizar sobre la influencia que los inversores han tenido, están teniendo y van a tener en el comportamiento medioambiental de las empresas. A través del análisis del...

La aparición sucesiva de los tres sistemas de gestión mencionados en el título, junto con los diferentes ámbitos de aplicación de los mismos, ha llevado a que las empresas los hayan puesto en marcha de manera independiente. A pesar de las numerosas similitudes entre los objetivos y...

Strategy in low-income markets is a new but emerging field of international strategy research. Because low-income markets remain largely unexplored and unknown to most companies, it has been argued that developing embedded ties and alliances with traditional and non-traditional partners is...

In recent years, there has been a virtual explosion of interest in corporate governance. Corporate scandals and the need to protect minority shareholders' interests, for example, are some of the reasons behind the development of corporate governance codes in numerous countries and corporations....

En los últimos años, principalmente desde mediados de la década de los noventa, la inversión socialmente responsable (ISR) ha tenido una aceptación creciente en los países desarrollados. Parece oportuno, por tanto, saber en qué consiste esta alternativa de inversión y ver cómo puede...

On April 16, 2012 the Argentine federal government decreed the intervention of YPF. The share price of YPF fell 29% the next day. Two weeks later (May 3), the Argentine Parliament approved the expropriation of 51% of the YPF shares owned by Repsol. Repsol had a 57.4% stake in YPF. YPF was the...

Company valuation using discounted cash flows is based on the valuation of government bonds: it consists of applying the procedure used to value government bonds to the debt and shares of a company. This is easy to understand (sections 1, 2 and 3). But company valuations are often complicated by...