Modelling corporate stakeholder orientation: does the relationship between stakeholder background characteristics and corporate social performance matter?

Erdiaw-Kwasie, Michael O. and Alam, Khorshed and Kabir, Enamul (2017) Modelling corporate stakeholder orientation: does the relationship between stakeholder background characteristics and corporate social performance matter? Business Strategy and the Environment, 26 (4). pp. 465-479. ISSN 0964-4733

Abstract

Though corporate stakeholder orientation is connected with corporate social performance practices, there is a dearth of knowledge on the theorized assertion that background characteristics influence stakeholders’ salience and attitude towards social performance practices of firms. The aim of this paper is to measure and examine this hypothesis. To test this claim, this research uses the Surat Resource Region in Queensland, Australia, as the case study. Based on the bivariate test, age, gender, occupation type and educational status have varying statistically significant effects on stakeholders’ attitude towards corporate social practices. The multinomial logistic findings showed that only education retained a net effect on a stakeholder’s attitude to participation in corporate social practices, where those with a higher level of education are 1.388 times more likely to perceive stakeholder engagement practices as relevant, 2.864 times more likely for social impact assessment practices and 1.430 times more likely for practices aimed at rights of indigenous communities. Findings imply the need for awareness programs to be incorporated into corporate social practices, which can help promote the success of stakeholder-oriented policies. The paper further makes suggestions that have both business strategy and policy planning implications


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Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Published version cannot be displayed due to copyright restrictions.
Faculty / Department / School: Current - Faculty of Business, Education, Law and Arts - School of Commerce
Date Deposited: 15 Sep 2016 05:50
Last Modified: 12 Jan 2018 02:58
Uncontrolled Keywords: corporate stakeholder orientation
Fields of Research : 05 Environmental Sciences > 0502 Environmental Science and Management > 050204 Environmental Impact Assessment
05 Environmental Sciences > 0502 Environmental Science and Management > 050209 Natural Resource Management
15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150303 Corporate Governance and Stakeholder Engagement
Socio-Economic Objective: D Environment > 96 Environment > 9607 Environmental Policy, Legislation and Standards > 960703 Environmental Education and Awareness
Identification Number or DOI: 10.1002/bse.1930
URI: http://eprints.usq.edu.au/id/eprint/29681

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