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Topic: Stakeholder (corporate)

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About the Stakeholder Alliance The Stakeholder Alliance membership, represented in allied organizations, has grown to over 5 million as people have come to recognize that corporations must be accountable to all who are affected by corporate actions or who contribute to corporate success. The Stakeholder Alliance is a grassroots effort that seeks to change the corporate system to make it responsible to all stakeholders, instead of only to stockholders, and thus return corporations to their original public purpose. The Stakeholder Alliance is a project of the Center for Advancement of Public Policy, a 501(c)(3) public interest organization in Washington committed to equity and accountability, with funding provided by the Ford Foundation. www.stakeholderalliance.org /sa-desc.html   (368 words)

Stakeholder - Wikipedia, the free encyclopedia In the field of corporate governance and corporate responsibility a major debate is ongoing about whether the firm should be managed for stakeholders, stockholders or customers. Courts sometimes act as stakeholders, holding property while litigation between the possible owners resolves the issue of which one is entitled to the property, and trustees often act as stakeholders, holding property until beneficiaries come of age, for example. Post, Preston, Sachs (2002), in their theory called Stakeholder view, use the following definition of the term "stakeholder": "The stakeholders in a corporation are the individuals and constituencies that contribute, either voluntarily or involuntarily, to its wealth-creating capacity and activities, and that are therefore its potential beneficiaries and/or risk bearers." en.wikipedia.org /wiki/Stakeholder   (842 words)

BSR » Business for Social Responsibility - Stakeholder Engagement The Stakeholder Alliance is an association of organizations and individuals that promotes the interests of corporate stakeholders -- the employees, customers, communities, stockholders, suppliers, and the greater society, all of which contribute significantly to the success of the corporation or are affected significantly by corporate actions. Stakeholder engagement does often require significant amounts of time, money, and other resources, and may require a level of openness, disclosure, and collaboration with which some companies may be unaccustomed or uncomfortable. BP Amoco has a long history of engaging stakeholders in environmental and social issues, though prior experience had not prepared it to operate in the Casanare region of Colombia, an area that is newly rich, minimally governed, where armed forces compete for turf, and where kidnapping by guerrilla groups is a common means of extortion. www.bsr.org /CSRResources/IssueBriefDetail.cfm?DocumentID=48813   (7110 words)

Stakeholder Theory The Kantian/Coase influences on Evan and Freeman (1993:255) is used to explain the concept of stakeholders and the rights of ownership in a corporate entity. Selection of external 'stakeholders' using a process that does not involve analysis of the actors' tokens and values involved is a whim. This means there are not 'stakeholders' there are groups with common cause who have, at a moment in times, a nexus of material tokens. www.managementclarity.com /stakeholder.htm   (827 words)

STAKEHOLDER GOVERNANCE: Sternberg (1996) also states that stakeholder theory is 'incompatible with business', 'incompatible with corporate governance' and that its 'accountability is unjustified'. An indication of the practical efficacy of stakeholder ownership is provided by the widespread practice of investors agreeing to dilute their equity to allow strategic stakeholders to share ownership. The paper concludes that appropriate stakeholder governance could improve equity and self-governance in the private sector, the quality of democracy in the public sector, and the efficiency of both sectors. cog.kent.edu /lib/turnbull6/turnbull6.html   (7033 words)

brandchannel.com Corporate Branding Brand Management Corporate Identities brand brands branding Corporate branding employs the same methodology and toolbox used in product branding, but it also elevates the approach a step further into the board room, where additional issues around stakeholder relations (shareholders, media, competitors, governments and many others) can help the corporation benefit from a strong and well-managed corporate branding strategy. Corporate branding is often, but wrongly, referred to as an exercise where the company logo, the design style and color scheme are changed. Corporations around the world are increasingly becoming aware of the enhanced value that corporate branding strategies can provide for an organization. www.brandchannel.com /brand_speak.asp?bs_id=81   (2061 words)

Corporate Culture - Human Resources - Management Portal In the wake of corporate acquisitions, mergers, and spin-offs, considerable senior management attention has been devoted to corporate identity and its communication to key stakeholder groups. Corporate culture and its impact on the willingness to cooperate... Edgar Schein reveals that what we commonly call 'corporate culture' is merely the tip of the iceberg, an iceberg that managers ignore at the peril of their company's future. www.themanager.org /Knowledgebase/HR/Corporate_Culture.htm   (1807 words)

SSRN-Agendas for Reforming Corporate Governance, Capitalism and Democracy by Shann Turnbull A tax policy is suggested to provide the incentive for shareholders to voluntary change corporate constitutions to transfer surplus profits to stakeholders to supplement the gap in pension incomes as the population ages. To support the political and social legitimacy of large corporations, controlled by one share one vote, democratically elected shareholder and stakeholder forums are proposed in addition, to privately manage conflicts and improve operations. Improvements in the efficiency and reliability of corporations and the capital markets are envisaged while reducing the cost of government. papers.ssrn.com /sol3/papers.cfm?abstract_id=546942   (407 words)

post-corporate An extensively researched, powerfully argued, eye-opening critique of how today's corporate capitalism is destroying the things of real value in the world--like cancer destroys life. Korten outlines numerous specific actions to free the creative powers of individuals and societies through the realization of real democracy, the local rooting of capital through stakeholder ownership, and a restructuring of the rules of commerce to create "mindful market" economies that combine market principles with a culture that nurtures social bonding and responsibility. Since the economy internal to a corporation is a planned economy, the current consolidation of economic control under a handful of global corporations is a victory for central planning-- not the market economy www.pcdf.org /post-corporate.htm   (492 words)

»»Corporate-finance Reviews«« As it briefly chronicles the growth of some of the corporate icons of each era, the portrayal is not always favorable, particularly when it reaches the present. Because it is much easier to form a corporation than it is to run one, many small companies fail to follow important corporate formalities. Of course, the maximization of stakeholder returns does not negate the profit equation (profit = revenues - costs) or the appropriateness of shareholder value as the ultimate performance benchmark. www.money-book-review.com /Corporate-finance/Corporate-finance_282.html   (2564 words)

Brief History of Corporate Accountability Re-emergence of attention to corporate social reporting, with initiative from NGOs and stakeholder organizations, rather than from accounting profession or corporations Perversion of corporate purpose completed with passage of securities acts, effectively sending the message that corporations are accountable only to stockholders Corporations grow in size; “Robber Barons” replace themselves with “professional” managers, followers of Frederick Taylor's “scientific management” who want reports on performance; accounting profit and loss statement, not intended to measure overall performance of the entity, adopted practically by osmosis, albeit over the objections of engineers www.stakeholderalliance.org /history.html   (2564 words)

department of trade and industry - sustainable development and environment The new CSR Academy, established through close Government, industry and key stakeholder co-operation, will be a new resource for organisations of any size and any sector wanting to develop their corporate social responsibility skills. Corporate social responsibility (CSR) is about meeting more demanding social and environmental expectations while improving business performance. The key finding was that a business with strong corporate social responsibility will often be more successful in generating economic value added, for reasons rooted in business strategy. www.consumer.gov.uk /sustainability/sus/corp.htm   (467 words)

Foley Hoag LLP / Practices / Corporate Social Responsibility On behalf of The World Bank Group, we researched and analyzed the corporate social responsibility codes of conduct of over 100 multinational corporations, multi-stakeholder groups, and non-governmental organizations in five major industry sectors -- apparel and footwear manufacturing, agribusiness, tourism, mining, and oil and gas. Corporate globalization presents companies with unanticipated risks and challenges.  Businesses are held to higher standards of accountability with respect to social, environmental, and ethical practices. Companies unresponsive to these demands risk damage to their reputations, brand images, and competitiveness.  We help savvy business leaders limit their companies' risk by incorporating internationally recognized standards into their strategic planning, crisis response strategies, and relationships with stakeholders. www.fhe.com /practice.asp?pID=000320864101   (274 words)

Total - Corporate web site - Corporate social responsibility, sustainable development and renewable energy. responsibility is built on transparency, stakeholder dialogue, and integrity in the conduct Total - Corporate web site - Corporate social responsibility, sustainable development and renewable energy. of specific responsibilities and also arouse numerous expectations. www.total.com /en/corporate-social-responsibility   (230 words)

Business Ethics' Names 100 Best Corporate Citizens In the end, the 100 Best Corporate Citizens list aims to make a simple point: excellence in business is about more than profits for shareholders -- itÂ’s about serving a variety of stakeholders well. The ranking is based on quantitative measures of corporate service to seven stakeholder groups: stockholders, employees, customers, the community, the environment, overseas stakeholders, and women and minorities. The 100 Best Corporate Citizens story will appear in the spring issue of Business Ethics, which for 17 years has been the premier publication for the movement to bring greater social responsibility into business. www.business-ethics.com /100best.htm   (230 words)

The New York Times Company - Psychology Central The company is a minority stakeholder as of 2003 in the Boston Red Sox, a position acquired as part of John W. Henry's purchase of the famed baseball team. The company has two types of stock, Class A and Class B. Class B shares are not publicly traded, and are the mechanism by which the descendents of Adolph Ochs, who purchased the New York Times newspaper in 1896, maintain control of the company. List of assets owned by New York Times Company www.grohol.com /psypsych/New_York_Times_Company   (365 words)

TpgPtPpr.doc These management systems are already being supported by a growing array of corporate citizenship/responsibility consultancies, as well as trade, industry, and business association initiatives that provide information and education, and voluntary multi-stakeholder alliances that provide guidance and input into internal corporate management systems from a range of perspectives. Consulting firms with expertise in business ethics, corporate integrity, social auditing for performance management, corporate citizenship, corporate responsibility, and environmental/sustainability management are cropping up alongside the development of standards. But, especially in the current climate of distrust about corporate integrity and financial audits, corporate critics, social investors, employees, and customers are unlikely to take companies’ word that they are behaving responsibly at face value. www2.bc.edu /~waddock/TpgPtPpr.doc   (365 words)

CGH - Chapter 4 Treasury provides comments on each draft Corporate Plan to the Stakeholder Minister and, where appropriate, makes recommendations for revision to the draft Corporate Plan. Section 36(7) of the GBE Act requires the Ministerial Charter to be tabled by the Portfolio Minister within 10 sitting days after providing a copy of the Ministerial Charter to the Stakeholder Minister. The Portfolio Minister provides the GBE with a Ministerial Charter, prepared by the Portfolio Minister, in consultation with the Stakeholder Minister and the GBE. www.treasury.tas.gov.au /domino/dtf/dtf.nsf/6062c25abd9e794a4a2566a40009dc1e/ea3ceb30270da5f14a2567290000ec4c   (679 words)

The Post-Corporate World, Life After Capitalism,David Korten,post-corporate world,life capitalism,large scale,guise plenty,against market,central planning,gdp figures,economies ecosystems post-corporate world, life capitalism, large scale, guise plenty, against market, central planning, gdp figures, economies ecosystems, mindful markets, stakeholder ownership, agenda items, leadership change, David Korten, Peter Block, John Cobb, Denis Hayes, Vicki Robin, Klaus Schwab, Lynne Twist, Jakob Von Uexkull The Post-Corporate World, Life After Capitalism, David Korten post-corporate world, life capitalism, large scale, guise plenty, against market, central planning, gdp figures, economies ecosystems, mindful markets, stakeholder ownership, agenda items, leadership change, Big Change A Route-Map for Corporate Transformation www.leadershipandchangebooks.com /Leadership-and-Change-Books/The-Post-Corporate-World.htm   (679 words)

Durham Business School: Research and Faculty : Faculty profile - Durham Business School Geoff’s research and scholarly activity is mostly in the areas of corporate social responsibility/business ethics with contributions in the areas of corporate philanthropy, corporate social disclosure, stakeholder theory, corporate moral agency, modern virtue ethics, corporate social versus financial performance (the “Business Case” for CSR) and Fair Trade. Moore, G. Corporate social and financial performance: an investigation in the UK supermarket industry. Moore, G., Gibbon, J. and Slack, R. The mainstreaming of fair trade: a macromarketing perspective. www.dur.ac.uk /dbs/faculty/staff/profile?username=dbr0gam   (408 words)

Emond Montgomery Publications: Catalogue Attention is also paid to recent developments concerning such matters as proxy regulation, the mandatory/enabling debate in corporate law, the corporate chartering competition debate, the role of institutional investors as monitors of corporate management and the stakeholder debate. Corporate and securities law do not always come at a given problem in the same way and each body of law embodies distinct objectives and priorities. Whether by accident or design, Canadian securities law is now inexorably intertwined with Canadian corporate law. www.emp.on.ca /books/73-3.html   (743 words)

Comments of The Shefa Fund on S7-10-03 The Shefa Fund works for more responsible corporate behavior on a range of issues, including: diverse and independent boards; excessive executive compensation; shareholder rights; improved investor and stakeholder engagement; and disclosure of social and environmental risks. The Shefa Fund believes that the significant lack of shareholder access to the corporate proxy -- and the self-perpetuating board that results -- is a primary obstacle to preventing future corporate abuses and restoring investor confidence. The Shefa Fund, a public foundation which brings Jewish teachings and ethics to contemporary issues concerning wealth and assets, submits the following comments in response to the Securities and Exchange Commission's solicitation of views (SEC Release #34-47778) regarding File Number S7-10-03, concerning shareholder proxy access and the election of corporate directors. www.sec.gov /rules/other/s71003/shefafund061203.htm   (2615 words)

The Post-Corporate World, Life After Capitalism,David Korten,post-corporate world,life capitalism,large scale,guise plenty,against market,central planning,gdp figures,economies ecosystems post-corporate world, life capitalism, large scale, guise plenty, against market, central planning, gdp figures, economies ecosystems, mindful markets, stakeholder ownership, agenda items, leadership change, David Korten, Peter Block, John Cobb, Denis Hayes, Vicki Robin, Klaus Schwab, Lynne Twist, Jakob Von Uexkull The Post-Corporate World, Life After Capitalism, David Korten post-corporate world, life capitalism, large scale, guise plenty, against market, central planning, gdp figures, economies ecosystems, mindful markets, stakeholder ownership, agenda items, leadership change, He is the author of nine previous books, including the best-selling When Corporations Rule the World. www.leadershipandchangebooks.com /Leadership-and-Change-Books/The-Post-Corporate-World.htm   (2615 words)

The Complex Art of Governance - Dr Roderick Deane - Treasury Guest Lecture Series - Academic Linkages Programme - The Treasury Dr Roderick Deane spoke about the complex art of Governance discussing governance; corporate stakeholders; the board's role; board of governance; CEO/Management's role; corporate organisation; new US law; conflict resolution; corporate change and building a business. The complex issues for the board are ensuring the alignment of interests between the shareholders, the board, CEO and management team, resolving any conflicts of interest and maintaining corporate integrity (which is perhaps the most important). The company has to have stakeholder support and the company has to be prepared to front up on the issues. www.treasury.govt.nz /academiclinkages/deane   (627 words)

Ethical Corporation Codes and Guidelines Corporate Governance Corporate Responsibility Communications Corruption and Lobbying Environment Ethical Consumerism Ethical Supply Chains Human Rights and Labour Standards Non-Financial Reporting Regulation, Taxation and Legal Developments Socially Responsible Investing Stakeholder and NGO Engagement Other Area Of Interest Time to embed the Anglo-Saxon brand of corporate responsibility Big brands might have helped to get corporate responsibility onto the business agenda, but it is the small business sector that will decide whether it makes any noticeable difference, a new study concludes www.ethicalcorp.com   (1248 words)

Common Sense Management - Chapter Four Your institution should have a corporate charter (unless you are a governmental entity), bylaws, policies, and procedures that clearly define the scope of authority and responsibilities of the board, committees, and staff, and that establish procedures for governing your institution. What stakeholders does your institution serve and what are their unique characteristics? For public postsecondary institutions, competitor scope may include corporate universities, and private for-profit and not-for-profit institutions as well as peer public institutions. horizon.unc.edu /projects/CSM/default.asp?chap=4   (1248 words)

Strategic Dimensions of Organizational Change and Restructuring in the Asia Pacific: Issue 2, Concerns of Local Stakeholders: Article Titles, authors and abstracts Secondly, a consideration of a multi-stakeholder perspective on corporate culture in which it is considered as a strategic move with respect to externalities rather than the internal system. This symbolic representation incorporates and indexes aspects of a Western culturally constituted world that is largely alien to one important stakeholder group, namely, the Chinese organization membership. The symbolic representation of corporate culture within the context of a Hong Kong Chinese company is described in the broader context of strategic responses to the international intersection of organization and management systems. www.apmforum.com /aplit/mcb14abs.htm   (1138 words)

UNI College of Business Administration Research Interests: Corporate social performance, socio-political stakeholder interactions, research methodologies, and scholarship of teaching. Research Interests: Corporate Social Performance, Business Ethics, Global Business Citizenship, Stakeholder Theory. Research Interests: Cell formation methods for implementing group technology and JIT principles, neural networks models and applications in management, management control in IS environments, agency theory, and justification of advanced manufacturing and information technologies. www.cba.uni.edu /management/manfaculty.html   (1138 words)

Corporate Governance & Corporate Social Responsibility In particular we are providing our CSR course to large audiences worldwide, and developing partnerships with different stakeholder groups, including the private sector, governments, civil society, academia, and student groups. These include courses and global e-dialogues for a variety of stakeholder groups and a program component specifically designed to reach young people, addressing the importance of social responsibility and sustainable development for the next generation. The CSR and Sustainable Competitiveness program has developed a strong set of initiatives with the goal of strengthening CSR practices worldwide. web.worldbank.org /WBSITE/EXTERNAL/WBI/WBIPROGRAMS/CGCSRLP/0,,menuPK:460901~pagePK:64156143~piPK:64154155~theSitePK:460861,00.html   (1138 words)

MarketingNet Case Studies - Imperial Tobacco We succesfully worked with the Imperial Tobacco Group to create a business case and have now moved on to unify the two existing corporate intranets with the Imperial Tobacco Intranet Team. Therefore there was a requirement to consolidate the two corporate intranets into a single global intranet presence with one common content management system (CMS). Business Case Preparation for Imperial Tobacco Corporate Intranet www.marketingnet.com /casestudies/itl.php   (378 words)

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