Stakeholder Theory and Normative Approaches

Kletz, Pierre

doi:10.1057/9780230524224_4

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“…This perceived responsibility manifests itself in actions designed to enhance the corporation's relationship with those stakeholders (Orlitzky and Swanson, 2008;Kletz, 2005). Also referred to as Corporate Social Performance (CSP).…”

Section: Social Performance (Sp)mentioning

confidence: 99%

“…However, a certain minimum amount of SRI investing would be needed to influence capital rationing among firms (Heinkel et al, 2001;Sauer, 1997). A complementary approach would be for legislative or regulatory bodies to act in concert to require social performance reporting as external stakeholders (Freeman, 1984;Kletz, 2005). The reputational effect on companies of SRI funds acting in concert has the potential to affect corporate FP (Heinkel et al, 2001).…”

Section: Institutionalmentioning

confidence: 99%

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