Stakeholder expectations and influence on company decisions

Darškuvienė, Valdonė; Bendoraitienė, Evelina

doi:10.7220/aesr.2335.8742.2014.8.2.5

Cited by 7 publications

(4 citation statements)

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“…Stakeholder collaboration in VCC aims at different expectations (Darškuvienė & Bendoraitienė, 2014; Näsholm & Blomquist, 2015). Currently, such differences commonly spark conflicts and cause value co-destruction or value slippage (Yngfalk, 2013).…”

Section: Future Research Agendamentioning

confidence: 99%

Collaborative Value Co-creation from a Stakeholder Perspective: A Literature Review

Bal

Käpylä

et al. 2023

Journal of Creating Value

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Since the value co-creation (VCC) concept was introduced as an alternative to the traditional value creation model, VCC has been studied in various contexts. The literature has mostly focused on a specific research context or a specific type of stakeholder group, leaving a comprehensive view of the stakeholders’ value elements in VCC poorly understood. To address this research gap, we conducted a systematic literature review to provide an overview of the conceptualization of VCC as well as stakeholders’ expected and realized value through collaboration. In accordance with the literature review, six value dimensions (economic, experiential, functional, relational, personal growth and corporate sustainability) are identified. On the basis of the findings of our literature review, we identify gaps in the literature and suggest an agenda for future research.

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Section: Future Research Agendamentioning

confidence: 99%

Collaborative Value Co-creation from a Stakeholder Perspective: A Literature Review

Bal

Käpylä

et al. 2023

Journal of Creating Value

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“…As is emphatically explained in the Stakeholder theory, consideration regarding the potentials of various stakeholder groups and their influence on corporate policies cannot be overemphasized (Darškuvienė & Bendoraitienė, 2014). Prior studies such as Basuony et al…”

Section: Company Age and Sustainability Initiativesmentioning

confidence: 99%

The Role of Environmental Policy in Influencing Governance and Sustainability Practices Among Nigerian Quoted Companies: A Proposed Framework

Kumo,

Hamid,

Sahdan

2023

J. Professional Business Review

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Purpose: This study aimed to introduce a moderator to strengthen the relationship between institutional factors and corporate managers’ immersion as governance attributes toward firms’ sustainability initiatives. Theoretical framework: A proposed model based on the developed hypothesis was formulated based on empirical and theoretical facts to support the concepts of institutional and legitimacy theories. Design/methodology/approach: The research uses a quantitative method that examines the quoted companies rated and ranked by Nigeria’s World CSR Consensus rating, including all Financial and Non-Financial sectors. It also assesses the companies’ roles in encouraging friendly environmental practices. Findings: The consequence of this report shows that Just 26 corporations have occupied a position on corporate social responsibility (CSR) initiatives, with Access Bank having the highest significant value of 99% and UAC Nigeria Plc having the lowest value of 1%. Additionally, only 90 out of 156 Nigeria’s publicly traded firms have been assessed and recognized by CSRHUB, having the lowest percentage. Research, Practical & Social implications: since there are no standard ways of enhancing the institutional factors and corporate managers’ immersion rapport to add to the body of knowledge, Environmental Policy is proposed and recommended as essential in shaping future planning and sustainability practices. Originality/value: To strengthen and increase the sustainability practices success of these firms, they must pay more attention to the environmental policies and the factors that influence them. Further studies might consider improving the research by analyzing the variables in the proposed model based on the hypothesis formulated and the time-variant.

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“…Darškuvienė and Bendoraitienė [29] argue that the owners' expectations are centred around a high rate of return on invested capital, which would compensate for the risk incurred, and around rising share prices, which determine an increase in the company's market value. For employees and managers, who invest their energy, effort, time and attention in the company [30], the most important is the remuneration they earn, promotion opportunities and the prospect of fulfilling their professional aspirations.…”

Section: Literature Review: a Conceptual Frameworkmentioning

confidence: 99%

Distributing Enterprise Value to Stakeholders in the Range of Sustainable Development on the Basis of the Energy Industry in Poland

Lorenc

Kustra

2021

Sustainability

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The aim of this paper is to analyse and compare the process of distributing value to stakeholders in energy industry enterprises in the range of sustainable transition. The analysis focuses on the four largest energy companies in Poland: ENEA Group, ENERGA Group, PGE Group and TAURON Polish Energy. Directions of value distribution in these companies have been presented for the years 2009–2018. The paper identifies the main groups of stakeholders of the above companies, i.e., owners, employees, suppliers, capital providers, the state budget and the budgets of local government units. The value dedicated to these stakeholders was estimated based on the free cash flow (FCF) methodology. According to the presented analysis, in the years 2009–2018, the energy industry in Poland realised a total of 236.2 billion PLN for selected stakeholders. PGE Group generated the most financial benefits, providing nearly 120 billion PLN. The smallest value was realised by ENERGA Group in the amount of over 28 billion PLN. Identification of added value according to the proposed methodology may support the process of making decisions related to the continuation or cessation of energy-related activities in the light of continued or lost potential stakeholder benefits.

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Stakeholder expectations and influence on company decisions

Cited by 7 publications

References 0 publications

Collaborative Value Co-creation from a Stakeholder Perspective: A Literature Review

Collaborative Value Co-creation from a Stakeholder Perspective: A Literature Review

The Role of Environmental Policy in Influencing Governance and Sustainability Practices Among Nigerian Quoted Companies: A Proposed Framework

Distributing Enterprise Value to Stakeholders in the Range of Sustainable Development on the Basis of the Energy Industry in Poland

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