The Impact of Stakeholder Management on Corporate International Diversification

2015 ◽  
Vol 120 (3) ◽  
pp. 409-433 ◽  
Author(s):  
Jijun Gao ◽  
Natalie Slawinski

2002 ◽  
Vol 77 (2) ◽  
pp. 415-433 ◽  
Author(s):  
Augustine Duru ◽  
David M. Reeb

We investigate the association between corporate international diversification and the accuracy and bias of consensus analysts' earnings forecasts. We find that greater corporate international diversification is associated with less accurate and more optimistic forecasts. Our results suggest that international diversification reflects unique dimensions of forecasting difficulty that are not captured in previously identified determinants. This evidence suggests that as firms become more geographically diversified, forecasting their earnings becomes more complex.



2013 ◽  
Vol 13 (2) ◽  
pp. 99-105 ◽  
Author(s):  
E.F.M. Wubben ◽  
H.J. Bremmers ◽  
P.T.M. Ingenbleek ◽  
A.E.J. Wals

Competing frames and interests regarding food provision and resource allocation, adding to the increased global interdependencies, necessitate agri-food companies and institutions to engage themselves in very diverse multi-stakeholder settings. To develop new forms of interaction, and governance, researchers with very different backgrounds in social sciences try to align, or at least share, research trajectories. This first paper in a special issue on governance of differential stakeholder interests discusses, first, different usages of stakeholder categories, second, the related intersubjectivity in sciences, third, an rough sketch of the use of stakeholder management in different social sciences. Social science researchers study a wide variety of topics, such as individual stakeholder impact on new business models, stakeholder group responses to health claims, firm characteristics explaining multi-stakeholder dialogue, and the impact of multi-stakeholder dialogue on promoting production systems, and on environmental innovations. Interestingly, researchers use very different methods for data gathering and data analysis.



Land ◽  
2020 ◽  
Vol 9 (11) ◽  
pp. 399
Author(s):  
Walter Musakwa ◽  
Trynos Gumbo ◽  
Gaynor Paradza ◽  
Ephraim Mpofu ◽  
Nesisa Analisa Nyathi ◽  
...  

National parks play an important role in maintaining natural ecosystems which are important sources of income and livelihood sustenance. Most national parks in Southern Africa are managed by their states. Before 2007, Gonarezhou National Park was managed by the Zimbabwe Parks Management and Wildlife Authority, which faced challenges in maintaining its biodiversity, community relations and infrastructure. However, in 2017 the Frankfurt Zoological Society and the Zimbabwe Parks Management and Wildlife Authority formed an innovative partnership under the Gonarezhou Conservation Trust (GCT). This study examines the relationship between GCT management, Gonarezhou National Park stakeholders and communities as well as the impact of the relationship on biodiversity and ecosystems. The study also highlights challenges faced and lessons learned in managing Gonarezhou as a protected area. To obtain the information, key informant interviews, Landsat satellite imagery, secondary data from previous studies and government sources were utilized. The results indicate that the concerted efforts of the Gonarezhou Conservation Trust to manage the park are starting to bear fruit in improving biodiversity conservation, ecosystem management and engaging communities. However, challenges such as governance obstacles, problematic stakeholder management, maintaining trust in community relations, ensuring sustainability, managing the adverse impacts of climate change and human-wildlife conflicts must still be navigated to ensure the park’s sustainable management. Notwithstanding challenges, we argue that a partnership arrangement such as the Gonarezhou Conservation Trust is a desirable model that can be applied in national parks in Zimbabwe and Africa for better biodiversity management and tourism.



2010 ◽  
Vol 41 (2) ◽  
pp. 39-50 ◽  
Author(s):  
W. Chigona ◽  
D. Roode ◽  
N. Nazeer ◽  
B. Pinnock

This paper reports on a study that uses the Stakeholder Management Theory to analyse the implementation of a pilot phase of public access project, the Smart Cape Access Initiative, a Cape Town City Council e-government initiative. Data for the study was gathered through in-depth interviews with individuals who were involved, influenced and were affected by the implementation of the pilot project. The study identified the major stakeholders of the project and assessed their importance and influence on the project. Numerous interactions between the stakeholders were identified. It was further noted that no formal stakeholder management was undertaken at the identification and planning stages of the project lifecycle. In addition, results showed that there were missed opportunities for appropriate stakeholder management throughout the project. This study offers insights into agencies involved in planning and running public access projects.



2016 ◽  
Vol 26 (2) ◽  
pp. 166-183 ◽  
Author(s):  
A.N. Bany-Ariffin ◽  
Bolaji Tunde Matemilola ◽  
Liza Wahid ◽  
Siti Abdullah

Purpose This paper aims to evaluate the impact of international diversification, through the investment abroad activities of the Malaysian multinational corporations (MNCs), on their financial performance. Design/methodology/approach The paper applies the panel generalized method of moments (GMM) estimation technique that gives better results. Findings The empirical findings show that the move to invest abroad has brought a positive impact on Malaysian MNCs’ financial performance. However, in terms of a firm’s risk, the results contradict the general internationalization-risk hypothesis. Research limitations/implications The study focuses on the top 100 multinational firms; future researchers may extend the time period and use the entire sample of all the multinational firms. Practical implications Foreign investments offer rewarding returns due to cheaper labour and raw materials, competitive edge in terms of technological advancement and larger market opportunities. Originality/value The paper contributes to the literature using the panel GMM’s estimation that effectively control for reverse causality and serial correlation problem. The paper also contributes to the international diversification and performance relationship, in a fast-growing Malaysia.







2012 ◽  
Vol 1 (1) ◽  
pp. 25-35
Author(s):  
Daphne Rixon

The purpose of this case study is to first examine the implications of accountability legislation on the financial and performance reporting of a public sector agency in the Canadian province of Newfoundland and Labrador and secondly, to compare the level of accountability with Stewart’s (1984) ladder of accountability. This paper is based on the first phase of a two-phase study. The first phase focuses on the initial impacts of accountability legislation on agencies and the challenges created by the legislation’s ‘one size fits all’ approach. The second phase of this study will examine the impact of the legislation on stakeholders after it has been in operation for five years. The second phase will include interviews with stakeholders to ascertain the level of satisfaction with the new legislation. The first phase of the study is significant since it highlights how governments could consider stakeholder needs when drafting such legislation. This research contributes to the body of literature on stakeholder accountability since there is a paucity of research focused specifically on the impact of accountability legislation on public sector agencies. An important contribution of this paper is the introduction of a framework for legislated accountability reporting. The main theoretical frameworks used to analyse the findings are Stewart’s (1984) ladder of accountability in conjunction with Friedman and Miles (2006) ladder of stakeholder management and engagement.



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