Does Stakeholder Management have a Dark Side?

Cennamo, Carmelo; Berrone, Pascual; Gómez‐Mejía, Luis R.

doi:10.1007/s10551-008-0012-x

Cited by 125 publications

(114 citation statements)

References 90 publications

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“…The evidence-based perspective we adopt in this paper provides insights into the interaction dynamics between internal and external organizational actors in multi-stakeholder involvement processes. Cennamo et al (2009) andGreenwood andVan Burren (2010) point out that these dynamics are missing in stakeholder theory. The combination of identi cation and salience analysis in the contextualization phase and the argumentation construction in the problematization phase led to the creation of successful stakeholder involvement, which constitutes the basis of our research.…”

Section: Resultsmentioning

confidence: 99%

“…The aim of IASs is to bring together a variety of actors, such as businesses, NGOs, UN-system agencies, government entities, and academic institutions (Gilbert et al, 2011). Although scholars have largely debated opportunities and problems related to IAS adoption from a macro-economic and governance perspective, (Gilbert & Rasche, 2007;Mueckenberger & Jastram, 2010;Scherer & Palazzo, 2007), the exact role of stakeholders and related management practices remain overlooked, with little evidence-based understanding of the interaction between internal and external organizational actors in multi-stakeholder involvement processes (Cennamo, Berrone, & Gomez-Mejia, 2009;Gilbert et al, 2011;Greenwood & Van Burren, 2010), despite the fact that a generally relational approach to conceptualizing stakeholders is not new (Freeman, 1984). A large body of research on stakeholder management has largely focused on the mapping of stakeholders in terms of who/what counts to achieve better integration with organizational objectives (Aggeri & Acquier, 2005;Mitchell, Agle, & Wood, 1997;Preble, 2005).…”

Section: Introductionmentioning

confidence: 99%

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International social-related accountability standards: Using ANT towards a multi-stakeholder analysis

Abboubi¹,

Nicolopoulou²

2012

M@n@gement

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This version is available at https://strathprints.strath.ac.uk/46071/ Strathprints is designed to allow users to access the research output of the University of Strathclyde. Unless otherwise explicitly stated on the manuscript, Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Please check the manuscript for details of any other licences that may have been applied. You may not engage in further distribution of the material for any profitmaking activities or any commercial gain. You may freely distribute both the url (https://strathprints.strath.ac.uk/) and the content of this paper for research or private study, educational, or not-for-profit purposes without prior permission or charge.Any correspondence concerning this service should be sent to the Strathprints administrator: strathprints@strath.ac.ukThe Strathprints institutional repository (https://strathprints.strath.ac.uk) is a digital archive of University of Strathclyde research outputs. It has been developed to disseminate open access research outputs, expose data about those outputs, and enable the management and persistent access to Strathclyde's intellectual output. INTERNATIONAL SOCIAL-RELATED ACCOUNTABILITY STANDARDS: USING ANT TOWARDS A MULTI-STAKEHOLDER ANALYSIS Manal El Abboubi et Katerina Nicolopoulou AIMS | M@n@gement 2012/4 -Vol. 15 pages 392 à 414 ISSN 1286-4692Article disponible en ligne à l'adresse: 392International social-related accountability standards: Using ANT towards a multi-stakeholder analysis M@n@gement vol. 15 no. 4, 2012, 391-414 International social-related accountability standards: Using ANT towards a multistakeholder analysis Manal EL ABBOUBI Katerina NICOLOPOULOU AbstractThis article illustrates and critically discusses how organizations manage, interact with, and involve stakeholders in social-related international accountability standards through the theoretical lens of actor-network theory. Theorizations on international accountability standards have largely focused on opportunities and problems related to their adoption from a macro-economic or governance perspective. The role of stakeholders and related management practices remain overlooked, with little evidence-based understanding of the interaction between internal and external organizational actors in multistakeholder involvement processes. Although overall generally relational approach to conceptualizing stakeholders is not new, this research focuses on the case of a well-known human-resource corporation and the way it involves stakeholders in a social-related accountability standard. The results reveal that gaining stakeholder involvement is a social innovation process supported by a strong network of stakeholders whose interests and agendas are taken into serious consideration by the corporation. The strength and the sustainability of the network established between the company and its stakeholders are subsequently dependent on the way the corporation translates its own interests an...

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Section: Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

International social-related accountability standards: Using ANT towards a multi-stakeholder analysis

Abboubi¹,

Nicolopoulou²

2012

M@n@gement

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“…In that sense, an important research implication is that the relationship between SEW and firm performance should be examined in the future through possible mediating mechanisms. For instance, Cennamo et al (2012) have suggested that family firm SEW leads to higher proactive stakeholder engagement which limits their ability to innovate and significantly influences firm performance (Cennamo et al, 2009). Given this, future research could examine the mediating role of proactive stakeholder engagement or other variables in the relationship between SEW and performance in family firms.…”

Section: Theoretical Implicationsmentioning

confidence: 99%

A socioemotional wealth perspective on innovativeness and performance of family businesses.

Kosmidou¹

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“…Furthermore, GIS engagement can yield reputational benefits in the local context where the firm is traditionally embedded. These benefits are especially relevant for family than non-family firms because, in virtue of their greater local embeddedness (Graafland, 2002), family businesses are more dependent on the local context for their survival than their nonfamily counterparts (Clarkson, 1995) and, hence, they strive to gain local legitimacy by building trustworthy relationships with stakeholders (Cennamo et al, 2009;Jones and Wicks, 1999;Laplume et al, 2008). They are committed to project and perpetuate a positive family image and reputation (Westhead et al, 2001).…”

Section: Background Literature and Hypothesesmentioning

confidence: 99%

Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms

Maggioni

Santangelo

2017

Ecological Economics

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A B S T R A C TWe add to the debate on the determinants of firms' green investment strategies (GIS) by looking at societal stakeholders and explicitly testing the role of local environmental non-profit organizations (ENPOs) in GIS engagement by family and non-family firms. We argue that ENPOs favor GIS engagement only by family firms, which, due to their resource constraints, risk aversion and local embeddedness, are more sensitive to ENPOs normative pressure. We also suggest that the role of ENPOs is especially important for family firms' GIS in those sectors with less stringent regulations, where ENPOs may act as a substitute for the coercive pressure of regulation, and promote firms' self-regulatory behaviors. We test and find support for our arguments on a sample of about 2000 Italian manufacturing firms over the period [2001][2002][2003]. Our results are robust to the control of observable omitted variables, reverse causality and to alternative model specifications.

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Does Stakeholder Management have a Dark Side?

Abstract: causal ambiguity, corporate governance, managerial discretion, stakeholder management, stakeholder theory,

Cited by 125 publications

References 90 publications

International social-related accountability standards: Using ANT towards a multi-stakeholder analysis

International social-related accountability standards: Using ANT towards a multi-stakeholder analysis

A socioemotional wealth perspective on innovativeness and performance of family businesses.

Local Environmental Non-Profit Organizations and the Green Investment Strategies of Family Firms

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