Curtin University Homepage
  • Library
  • Help
    • Admin

    espace - Curtin’s institutional repository

    JavaScript is disabled for your browser. Some features of this site may not work without it.
    View Item 
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item
    • espace Home
    • espace
    • Curtin Research Publications
    • View Item

    Does primary stakeholder management positively affect the bottom line? Some evidence from Australia

    20930_downloaded_stream_386.pdf (162.4Kb)
    Access Status
    Open access
    Authors
    Galbreath, Jeremy
    Date
    2006
    Type
    Working Paper
    
    Metadata
    Show full item record
    Citation
    Galbreath, Jeremy (2006) Does primary stakeholder management positively affect the bottom line? Some evidence from Australia, Graduate School of Business Working Paper Series: no. 56, Curtin University of Technology, Graduate School of Business.
    Faculty
    Curtin Business School
    Graduate School of Business
    URI
    http://hdl.handle.net/20.500.11937/36600
    Collection
    • Curtin Research Publications
    Abstract

    The premise behind stakeholder theory is that firms are comprised of interdependent relationships (?primary stakeholders?) and that firms have a responsibility to manage these relationships strategically in order to meet corporate objectives. Failure to retain the participation of a primary stakeholder group will result in the failure of that corporate system. To test the theory, this research studies the relationship between management of primary stakeholders and firm performance in a sample of Australia firms. The results suggest that some primary stakeholder groups, but not all, positively affect firm performance. More specifically, corporate governance and employee management were significantly and positively associated with performance. On the other hand, environmental performance and social impact, while significant, had a negative association with performance. The study, to a degree, confirms stakeholder theory. However, rather than offering equal attention to all primary stakeholders, the implications of this research suggest that firms might favour those stakeholder groups that can most positively affect their performance.

    Related items

    Showing items related by title, author, creator and subject.

    • Corporate social responsibility branding: the role of organisational identity and its impact on performance
      Suprawan, Lokweetpun (2011)
      The concept of corporate social responsibility (CSR) has received much attention over several decades, although its definition has splintered into different perspectives termed in this thesis as economic, socio-political, ...
    • Building corporate reputation with stakeholders: exploring the role of message ambiguity for social marketers
      Dickinson, Sonia; Beverland, M.; Lindgreen, A. (2010)
      Purpose – Managing the corporate reputation of hybrid firms (organizations that act commercially to pursue social agendas) involves particular challenges because of competing stakeholder interests. With reference to the ...
    • Corporate Social Responsibility, Customer Satisfaction and Firm Performance: A Corporate Hypocrisy Perspective
      Sharpe, Wen Hua; Sharma, Piyush ; Leung, Tak Yan (2024)
      This paper draws on recent concerns about firms potentially engaging in hypocritical (or opportunistic) behaviours through the use of corporate social responsibility (CSR), which have been referred to as greenwashing or ...
    Advanced search

    Browse

    Communities & CollectionsIssue DateAuthorTitleSubjectDocument TypeThis CollectionIssue DateAuthorTitleSubjectDocument Type

    My Account

    Admin

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    Follow Curtin

    • 
    • 
    • 
    • 
    • 

    CRICOS Provider Code: 00301JABN: 99 143 842 569TEQSA: PRV12158

    Copyright | Disclaimer | Privacy statement | Accessibility

    Curtin would like to pay respect to the Aboriginal and Torres Strait Islander members of our community by acknowledging the traditional owners of the land on which the Perth campus is located, the Whadjuk people of the Nyungar Nation; and on our Kalgoorlie campus, the Wongutha people of the North-Eastern Goldfields.