Stakeholder Approach and the Corporate Financial Performance

Blažek Ladislav and Ondrej Castek
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Blažek Ladislav: katedra podnikového hospodářství, Ekonomicko-správní fakulta Masarykovy univerzity, Lipová 41a, 602 00 Brno

Review of Economic Perspectives, 2009, vol. 9, issue 2, 90-106

Abstract: The following paper aims to describe the analysis and utilization of stakeholder approach, which was used in the research of the Research Centre for Competitiveness of Czech Economy. The stakeholder model was employed in the research to explain the behavior of enterprises and to find factors of competitiveness. Here we can find assessment of stakeholders' importance and its relationship to corporate financial performance with some chosen interfering factors, which is preceding step before assessment all potential factors of competitiveness using multi dimensional analysis. Also the achieved results are related to chosen international and Czech studies.

Keywords: Stakeholder approach; stakeholder model; empirical research; importance of stakeholders; corporate performance; Stakeholder approach; stakeholder model; empirical research; importance of stakeholders; corporate performance; Stakeholderský přístup; stakeholderský model; empirický výzkum; důležitost stakeholderů; výkonnost podniku (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:reoecp:v:9:y:2009:i:2:p:90-106:n:2

DOI: 10.2478/v10135-009-0002-7

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