Stakeholder influence on corporate strategies over time

    loading  Checking for direct PDF access through Ovid

Abstract

ABSTRACT

Modern management reporting on its company's performance is influenced by individuals’ ethical considerations. Stakeholders’ philosophies have continued to change over the last 75 years affecting reporting systems for companies reporting information internally and externally. These fundamental changes in philosophy have affected how information is conveyed. We are not claiming that only one philosophical viewpoint dominates companies reporting practices, but there does appear to be a changing trend of philosophies building on one another. We use resource dependence theory in relationship to a decision-making model to explain changing stakeholders positions over time. This paper argues that six dominant philosophical theories have influenced the way individuals and organizations report financial and other information. Further, these philosophies then are depicted in a model that helps us to understand what influences companies to present themselves to the outside world. A vignette is used to depict changing philosophical views for several companies’ management report over 75 years.

Related Topics

    loading  Loading Related Articles