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Stakeholder theory advocates that firms bear responsibility for the implications of their actions. However, while a … firm affects or can affect stakeholders, stakeholders can also affect the corporation. Previous stakeholder theorising has … stakeholders argues that various stakeholder attributes differ for different categories of stakeholders. This analysis presumes …
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This study provides novel evidence of the impact of corporate social responsibility (CSR) on investment sensitivity to cash flows. We posit that CSR affects investment–cash flow sensitivity (ICFS) through information asymmetry and agency costs, commonly viewed as the two channels through which...
Persistent link: https://www.econbiz.de/10010989764
This study supports the idea that fields form around issues, and describes the roles of various stakeholders in the structuring, shaping, and legitimating of the emerging field of Corporate Social Responsibility (CSR). A model of the institutional history of the CSR field is outlined, of which a...
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that provides a clear picture of managing the nature of the initiatives from different stakeholder management approaches …. Drawing from theoretical insights of stakeholder theory and the concept of social capital, this article proposes nine …
Persistent link: https://www.econbiz.de/10010868029
In spite of the thousands of articles on stakeholder theory, research on value creation has had a shorter history and … narrower breadth. Only a few studies have researched value creation from stakeholder perspective looking at how stakeholders … specifically from the stakeholder's side: What does "value" mean for a particular group of stakeholders and how do firms create …
Persistent link: https://www.econbiz.de/10010868131
stakeholder theories, we examine the effect of stock compensation on secondary stakeholders and a firm’s participation in social …
Persistent link: https://www.econbiz.de/10010868211