Stakeholder Engagement: Past, Present, and Future

Kujala, Johanna; Sachs, Sybille; Leinonen, Heta; Heikkinen, Anna; Laude, Daniel

doi:10.1177/00076503211066595

Cited by 219 publications

(152 citation statements)

References 243 publications

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“…Finally, in practice, the development of corporate social goal orientation is still insufficient. That is, because of the reform created by the “government-enterprise-society” tripartite structure, various stakeholder groups have been greatly impacted, but no credible changes have been suggested ( Kujala et al, 2022 ). The subject of social goal orientation encourages and implements certain behaviors, which highlights the role of stakeholders and their values in advancing social goal orientation ( Barba-Sánchez et al, 2021 ).…”

Section: Discussionmentioning

confidence: 99%

“…At the same time, as the external system of the company is open, the stakeholder relationships fluctuate, so the enterprise can seek the resources needed through the heterogeneity of the stakeholder relationships ( Sheng, 2020 ). Kujala et al (2022) point out that the norms formed by the whole stakeholder group may be inconsistent with the demands of individual stakeholders. Considering the characteristics of enterprises and the differences in the effectiveness of various stakeholder relationships, we assume that stakeholder relationships are divided into single (e.g., government, finance, or market-based) and dual (e.g., government–market, government–finance, and market–finance) stakeholder relationships and empirically test them on this basis (see Figure 1 ).…”

Section: Research Design and Hypotheses Developmentmentioning

confidence: 99%

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Stakeholder relationships and corporate social goal orientation: Implications for entrepreneurial psychology

Sheng

Xiao

et al. 2022

Front. Psychol.

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As the sensitivity to corporate social responsibility (CSR) continues to grow, the goal of enterprises has expanded beyond the sole pursuit of economic value. Corporate social goal orientation has therefore come to occupy a central position in entrepreneurs’ psychology and the transition away from a market-only economy. This study uses secondary data from 4,288 samples of 725 Chinese-listed companies from 2009 to 2020 to explore the driving factors in social goal orientation based on the characteristics of sample companies and their industry groups from the perspective of stakeholder relationships. The results can be summarized as follows: (1) there is an inverted U-shaped relationship between government stakeholder relationships and social goal orientation, and there is a significant positive relationship between financial stakeholder relationships, market stakeholder relationships, and corporate social goal orientation. (2) The correlation between single-dual stakeholder relationships and social goal orientation is not consistent. In light of the nature of the roles of government and the market, the correlation between the government–market dual relationship and corporate social goal orientation is not significant. However, there is a significant correlation between the finance–government dual stakeholder relationship and social goal orientation; that is, the dual stakeholder relationship maintains the existence of non-institutional capital and corporate financial capital. Moreover, there is no significant correlation between the market–finance dual relationship and corporate social goal orientation, and there is substitutability between market and financial stakeholder relationships. With the deepening of our understanding of CSR, the core goal of enterprises is no longer confined to the pursuit of economic value, and their social goal orientation has come to be regarded as a major driving force in sustainable development. This study enriches the research on the relationship between stakeholder relationships and shows that stakeholder relationships also have important significance to both achieving corporate goals and shaping entrepreneurs’ psychology.

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Section: Discussionmentioning

confidence: 99%

Section: Research Design and Hypotheses Developmentmentioning

confidence: 99%

Stakeholder relationships and corporate social goal orientation: Implications for entrepreneurial psychology

Sheng

Xiao

et al. 2022

Front. Psychol.

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“…Os estudos deste cluster enfatizaram a análise da teoria de stakeholders, mais especificamente a perspectiva instrumental da teoria dos stakeholders, o cluster possui estudos seminais sobre a teoria de stakeholders. O estudo mais influente trata-se da obra de Freeman (1984) que é o estudo seminal sobre a teoria de stakeholders e mesmo após três décadas é a base de inúmeras pesquisas sobre stakeholders em diferentes campos do conhecimento, como por exemplo, gestão estratégica (Kujala & Sachs, 2022, Harrison & Wicks, 2016; desempenho organizacional (Cheng et al 2014;Albuquerque, Koskinen & Zhang, 2019); prestação de contas aos stakeholders/divulgação de relatórios (Manetti et al 2012, Stocker et al 2020; melhora no acesso a financiamentos (Ansong, 2017;Benabou & Tirole, 2010;Eccles et al, 2012) e tomada de decisão estratégica ( (Choi & Wang, 2009;Jo & Harjoto, 2012;Conca et al 2021). O estudo possui força de link de 1.517 e foi citado 63 vezes por outros estudos da amostra desta pesquisa.…”

Section: Ijcg Environmental Social E Governance (Esg)corporativaunclassified

Environmental, Social and Governance (ESG): Mapeamento e Análise de Clusters

Ribeiro

Lima

2022

RGC

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Objetivo: O objetivo deste estudo foi mapear e analisar as principais correntes teóricas de base e de fronteira acerca da pesquisa internacional em Environmental, Social e Governance (ESG). Adicionalmente, também foram analisados quais autores, periódicos e países são mais ativos na pesquisa internacional de ESG. Método: Foi efetuada uma análise bibliométrica focada em análises de cocitação e de acoplamento bibliográfico, com técnicas de análise fatorial exploratória e mapeamento gráfico através de clusterização. A amostra contemplou 405 artigos publicados até dezembro de 2021 e indexados no banco de dados Web of Science. Resultados: Através da análise de cocitação, foram identificados 5 correntes de pesquisas, sendo a) Influência das Teorias Organizacionais na ESG; b) Competitividade organizacional; c) Impacto da ESG no desempenho financeiro; d) Responsabilidade Social Corporativa; e e) Teoria dos Stakeholders. Através da análise de pareamento, foram identificadas 6 correntes teóricas de fronteira, sendo: a) investimentos sustentáveis; b) Transparência e conselho administrativo; c) Efeitos da ESG; d) Relações entre desempenho financeiro e desempenho social corporativo; e) Relação entre acionistas e ESG; e f) Riscos e ESG. Originalidade: Até onde se sabe, este é o estudo bibliométrico mais completo acerca da pesquisa em ESG, contemplando tanto as correntes teóricas de base quanto as de fronteira. Contribuições teóricas/metodológicas: Foram identificadas neste trabalho 5 correntes teóricas que ajudaram a fundar e desenvolver a pesquisa em ESG como campo científico (histórico) e apontadas 6 correntes teóricas emergentes que ajudam a entender para onde está avançando a pesquisa em ESG na atualidade (fronteira).

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“…Collaboration can create a dynamic context of interaction, reciprocal appreciation, communication and change (Manetti & Toccafondi, 2012). In addition, "Stakeholder engagement refers to the aims, activities, and impacts of stakeholder relations in a moral, strategic, and/or pragmatic manner " (Kujala et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

The Tourism Sector Stakeholder Collaboration Role in Post-COVID-19 Economic Recovery of Central Java, Indonesia

Handayani¹,

Widiastuti²,

Hermawan³

2022

JRE

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Pandemic COVID-19 has severely affected the tourism industry worldwide, including Central Java, Indonesia. Hence, this study aims to determine the potency of stakeholders' collaboration in the post-COVID 19 economic recoveries in Central Java. Preliminary data gathering by sequential focus group discussions (SFGD) to identify institutions and their role and objective, followed by a survey with a structured questionnaire. Data were analysed using the Matrix of Alliance and Conflict: Tactics, Objective and Recommendation (MACTOR) method. The result shows that all stakeholders agreed that collaboration is critical in economic recovery, but their roles vary depending on their duties and responsibilities. Based on the influence and dependence map, all stakeholders are into four groups: The first group has the strong influence, namely the Cooperatives and SMSEs Agency and Tourism Agency. The second group has both strong influence and dependence, consisting of the Tourism Village Association, Planning and Development Agency, Industry and Trade Agency, and Hotel and Restaurant Association. The third group has a low influence and high dependence, consisting of the community and the Food Security Agency. The fourth group had both low influence and dependence is banking. In addition, there is no potential conflict among all stakeholders involved that could affect collaboration in the economic recovery. Lastly, future cooperation between the Cooperative and SMSEs Agency and Hotel and Restaurant Association should be encouraged.

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Stakeholder Engagement: Past, Present, and Future

Cited by 219 publications

References 243 publications

Stakeholder relationships and corporate social goal orientation: Implications for entrepreneurial psychology

Stakeholder relationships and corporate social goal orientation: Implications for entrepreneurial psychology

Environmental, Social and Governance (ESG): Mapeamento e Análise de Clusters

The Tourism Sector Stakeholder Collaboration Role in Post-COVID-19 Economic Recovery of Central Java, Indonesia

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