Does Stakeholder Orientation Matter? The Relationship Between Stakeholder Management Models and Firm Financial Performance

Abstract

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The Chinese Government's Formal Institutional Influence On Corporate Environmental Management

“…Governments play a prominent institutional role in CEM practices and are referred to in both institutional and environmental research (e.g., Berman et al 1999;Hoffman 2001;Shrivastava 1995).…”

Strategic Orientation of SMEs: Empirical Research

“…Covin&Slevin (1989) investigated the effective strategic responses to environmental hostility among 161 small manufacturing firms and found that in such an environment there was a positive relationship between small firms' performance and their organic structure, entrepreneurial strategic posture, competitive profile characterized by a long-term orientation, high product prices, and concern towards predicting industry trends. Berman et al (1999) empirically researched the effect of stakeholder management on corporate performance, and they found support for a strategic stakeholder management model but no support for an intrinsic stakeholder commitment model. Based on surveys of U.S. and U.K. firms, Brouthers et al (2015) found that international performance of SMEs depended on entrepreneurial orientation (EO) and the type of alliance (research or marketing).…”

Understanding Complexity: the Curvilinear Relationship Between Environmental Performance and Firm Performance

“…A recent literature review on this topic is provided by Beurden and Gössling (2008). However, the available evidence is inconclusive; there are some studies that have found a positive link (e.g., Waddock and Graves 1997), some have found a negative link (e.g., Konar and Cohen 2001), while others have found no link at all (e.g., Berman et al 1999). These conflicting findings have led researchers to look for more complex possibilities for the EP-FP relationship (Russo and Fouts 1997;Peloza 2006;Hull and Rothenberg 2008).…”