The stakeholder model: The influence of the ownership and governance structures

Journal of Business Ethics

Volumn 56, Issue 1, 2005, Pages 1-13

  Jansson, Eva ^a  

^a UNIVERSITAT AUTÒNOMA DE BARCELONA   (Spain)

Author keywords

Governance structure; Ownership structure; Property rights and decision rights; Stakeholders

Indexed keywords

EID: 17544379010     PISSN: 01674544     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10551-004-2168-3     Document Type: Article

References (74)

1. P. Berglöf 2001 'Ownership and Control in Sweden: Strong Owners, Weak Minorities, and Social Control' F. Barca M. Becht The Control of Corporate Europe Oxford University Press London 228 258
2. A. A. Berle G. C. Means 1933 The Modern Corporation and Private Property Commerce Clearing House New York
3. S. L. Berman 1999 'Does Stakeholder orientation Matter? The Relationship Between Stakeholder Management models and Firm Financial Performance' Academy of Management Review 42 5 488 506
4. M. Blair 1996 Ownership and Control Brookings Institution Washington
5. Blair, M. and L. Stout: 1998, 'A Team Production Theory of Corporate Law', in Corporate Governance Today. (The Sloan Project on Corporate Governance at Columbia Law School, New York).
6. J. R. Boatright 2002 'Contractors as Stakeholders: Reconciling Stakeholder Theory with the Nexus-of-contract Firm' Journal of Banking and Finance 26 1837 1852
7. S. Brammer A. Millington 2003 'The Effect of Stakeholder Preferences Organizational Structure and Industry Type on Corporate Community Involvement' Journal of Business Ethics 45 213 226
8. Ø Bøhren 1998 'The Agent's Ethics in the Principal-Agent Model' Journal of Business Ethics 17 745 755
9. A. Cadbury 1992 Report of the Committee on the Financial Aspects of Corporate Governance Gee & Co London
10. A. Campell 1997 'Stakeholders: The Case in Favour' Long Range Planning 30 3 446 449
11. W. Carlin C. Mayer 2000 Finance Investment and Growth University of Oxford Mimeo
12. T. Clarke 1998 'The Stakeholder Corporation: A Business Philosophy for the Information Age' Long Range Planning 31 2 182 194
13. M. B. E. Clarkson 1995 'A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance' Academy of Management Review 20 1 2 117
14. R. Casadesus-Masanell Spulber D. 2000 'The Fable of Fisher Body' Journal of Law and Economics XLIII 67 104
15. R. H. Coase 1960 'The Problem of Social Cost' Journal of Law and Economics 3 1 44
16. R. Coase 2000 'The Acquisition of Fisher Body by General Motors' Journal of Law and Economics XLIII 15 31
17. H. Demsetz 1983 'The Structure of Ownership and the Theory of the Firms Journal of Law and Economics 26 375 390
18. H. Demsetz Lehn K. 1985 'The Structure of Corporate Ownership: Causes and Consequences' Journal of Political Economy 93 1155 1177
19. T. Donaldson L.E. Preston 1995 'The Stakeholder Theory of the Corporation: Concepts Evidence and Implications' Academy of Management Review 20 l 65 91
20. T. Donaldson 1999 'Response: Making Stakeholder Theory Whole' Academy of Management Review 24 2 237 241
21. E.F. Fama M. C. Jensen 1983 'Agency problems and residual claims' Journal of Law and Economics 26 327 349
22. R. E. Freeman 1984 Strategic Management: A Stakeholder Approach Prentice Hall Englewood Cliffs NJ
23. R. E. Freeman 1999 'Response: Divergent Stakeholder Theory' Academy of Management Review 24 2 233 236
24. E. Freeman J. Liedtka 1997 'Stakeholder Capitalism and the value Chain' European Management Journal 15 3 286 296
25. Friedman, M.: 1970, 'The Social Responsibility of Business is to Increase Profits', 'The New York Times Magazine September 18.
26. A. L. Friedman S. Miles 2002 'Developing Stakeholder Theory' Journal of Management Studies 39 1 1 21
27. W. M. Fruin 1994 The Japanese Enterprise System Clarendon Press Oxford
28. D. A. Gioia 1999 'Response: Practicability Paradigms and Problems in Stakeholder Theorizing' Academy of Management Review 24 2 228 232
29. Greenbury Committee. 1995 Final Report of the Study Group on Director's Remuneration (Greenbury Report) Gee Publishing Ltd London
30. S. Grossman O. Hart 1986 'The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration' Journal of Political Economy 94 691 719
31. H. Hansmann 1996 The Ownership of Enterprise Harvard University Press Cambridge, MA, London
32. Hapel Committee 1998 Final Report of the Committee on Corporate Governance (Hampel Report) Gee Publishing Ltd London
33. J. S. Harrison R. E. Freeman 1999 'Stakeholders Social Responsibility and Performance: Empirical Evidence and Theoretical Perspectives' Academy of Management Review 42 5 479 485
34. O. Hart 1995 Firms Contracts and Financial Structure Oxford University Press London
35. C. W. L. Hill T. M. Jones 1992 'Stakeholder-agency Theory' Journal of Management Studies 29 2 131 154
36. B. Holmström 1999 'The Firm as a Subeconomy' Journal of Law Economics and Organization 15 1 74 102
37. M. Huse 1998 'Researching the Dynamics of Board-Stakeholder Relations' Long Range Planning 31 2 218 226
38. O. Informe 1998 'Estudio de un código ético de los consejos de administración de las sociedades' Informacion comercial española. Revista de economia 769 113 141
39. Jensen, M.C.: 2001, 'Value Maximization Stakeholder Theory and the Corporate Objective Function', Business Ethics Quarterly 12.
40. M. C. Jensen W. H. Meckling 1976 'Theory of the Firm: Managerial Behavior Agency Costs and Ownership Structure' Journal of Applied Corporate Finance 8 305 360
41. K. John L. M. Senbet 1998 'Corporate Governance and Board effectiveness' Journal of Banking and Finance 22 371 403
42. R. A. Johnson D. W. Greening 1999 'The Effects of Corporate Governance and Institutional Ownership Types on Corporate Social Performance' Academy of Management Review 42 5 564 576
43. T. M. Jones 1995 'Instrumental Stakeholder Theory: A Synthesis of Ethics and Economics' Academy of Management Review 20 2 404 437
44. T. M. Jones A. C. Wicks 1999 'Convergent Stakeholder Theory' Academy of Management Review 24 2 206 221
45. J. Kaler 2002 'Morality and Strategy in Stakeholder identification' Journal of Business Ethics 39 91 99
46. J. Kay 1996 The Business of Economics is Business Oxford University Press London
47. B. Klein 1978 'Vertical Integration Appropriable Rents and the Competitive Contracting Process' Journal of Law and Economics 21 297 326
48. A. Kolk R. van Tulder 2002 'The Effectiveness of Self-regulation: Corporate Codes of Conduct and Child Labour' European Management Journal 20 3 260 271
49. R. La Porta 1998 'Law and Finance'. Journal of Political Economy 106 1113 1155
50. S. Leader 1999 'Participation and property Rights' Journal of Business Ethics 21 97 109
51. L. D. Lerner G. E. Fryxell 1994 'CEO Stakeholder Attitudes and Corporate Social Activity in the Fortune 500'. Business and Society 33 1 58 81
52. P. Luoma Goodstein J. 1999 'Research Notes: Stakeholders and Corporate Boards: Institutional Influences on Board Composition and Structure' Academy of Management Review 42 5 553 563
53. Mayer, C.: 2000, 'Ownership matter', Brussels, inaugural Lecture.
54. R. K. Mitchell 1997 'Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts' Academy of Management Review 22 4 853 886
55. R. K. Mitchell 1999 'Who Matters to CEO? An Investigation of Stakeholder Attributes and Salience Corporate Performance and CEO Value' Academy of Management Review 42 5 507 525
56. S. Ogden R. Watson 1999 'Corporate Performance and Stakeholder Management: Balancing Stakeholder and Customer Interests in the UK. Privatized Water Industry' Academy of Management Review 42 5 526 538
57. Porter, M.: 1992, 'Capital Choices: Changing the Way America invest in Industry', Journal of Applied Corporate Finance 5.
58. K. Prahalad 1997 'Corporate Governance or Corporate Value Added? Rethinking the Primacy of Shareholder Value' D. Chew Studies in International Corporate Finance and Governance System Oxford University Press London
59. L. E. Preston 1990 'Stakeholder management and corporate performance' Journal of Behavioral Economics 19 4 361 375
60. D. P. Quinn T. M. Jones 1995 'An Agent Morality View of Business Politics' Academy of Management Review 20 1 22 42
61. S. A. Ross 1987 'The Interrelations of Finance and Economics' American Economic Review 77 29 34
62. B. M. Ruf 2001 'An Empirical Investigation of the Relationship Between Change in Corporate Social Performance and Financial Performance: A Stakeholder Theory Perspective' Journal of Business Ethics 32 143 156
63. E. Scholes D. Clutterbuck 1998 'Communication with Stakeholders: An Integrated Approach' Long Range Planning 31 2 227 238
64. S. P. Sethi 2003 'Globalization and the Good Corporation: A need for Proactive Co-existence' Journal of Business Ethics 43 21 31
65. N. E. Shankman 1999 'Reframing the Debate Between Agency and Stakeholder Theories of the Firm'. Journal of Business Ethics 19 319 334
66. M. J. Sirgy 2002 'Measuring Corporate Performance by Building on the Stakeholders Model of Business Ethics'. Journal of Business Ethics 35 143
67. E. W. Spurgin 2001 'Do Shareholders Have Obligations to Stakeholders?' Journal of Business Ethics 33 287 287
68. Viénot Report.: 1995. 'Le Conseil d' Administration des Societes Cotees', in Rapport du Comité sur Ie Governement d'entreprise presidé par M.Marc Viénot (Paris: MEDEF).
69. G. R. Weaver 1999 'Integrated and Decoupled Corporate Social Performance: Management Commitments External Pressures and Corporate Ethics Practices' Academy of Management Journal 42 5 539 552
70. D. Wheeler M. Sillanpää 1998 'Including the Stakeholders: the Business Case' Long Range Planning 31 2 201 210
71. D. Wheeler D. Grayson 2001 'Business and Its Stakeholders' Journal of Business Ethics 32 101 106
72. P. Whysall 2000 'Stakeholder Mismanagement in Retailing: A British Perspective' Journal of Business Ethics 23 19 28
73. O. Williamson 1984 'Corporate Governance' Yale Law Journal 93 1197 1230
74. O. Williamson 1985 The Economic Institutions of Capitalism The Free Press New York