In spite of the increasing interest in the concept of the stakeholders
, the process of involvement of the stakeholders
especially in the decision making process, and most of the time these problematic complications are underestimated [24-26].
his special issue contains two more empirical studies, in new contexts, that confirm the efficacy of managing for stakeholders
in terms of both financial and social firm performance.
The highest ranking by all respondents was "managing stakeholders
with social responsibilities (economic, legal, environmental and ethical)" (mean = 4.
For the Control Group and Experiment Group #1 in which the scenarios describe the lack of reciprocity norms, the participants were presented with the information describing the competitive nature of the stakeholder
relationships in which the stakeholders
What are the actions that stakeholders
expect and want from companies?
The SA for 28 stakeholders
on PIVIS project is presented in Fig.
Collaboratively developed plans are more likely to reflect the public interest because they gain support from a broad array of stakeholders
and plans are more likely to be successfully implemented because they have the support of all key actors.
In order to create effective stakeholder
management strategy it is needed to take into account the above characteristics of all stakeholders
A good reputation has long constituted the universal standard that a company should strive to enhance and protect, but the data plainly demonstrates that confidence is a far more significant driver of stakeholder
behavior," said Bob Knott, Senior Managing Director and Americas Head of the Corporate Communications practice at FTI Consulting.
Engaging with stakeholders
is absolutely critical to the success of any program.
The interests and needs of this broad range of stakeholders
impact the usefulness of each piece of data that is collected for each stakeholder
The Boards' primary stakeholders
include preparers, auditors, and users of financial statements that are prepared in accordance with the Boards' standards.