메뉴 건너뛰기




Volumn 89, Issue 4, 2009, Pages 491-507

Does stakeholder management have a dark side?

Author keywords

Causal ambiguity; Corporate governance; Managerial discretion; Stakeholder management; Stakeholder theory

Indexed keywords


EID: 79959608254     PISSN: 01674544     EISSN: 15730697     Source Type: Journal    
DOI: 10.1007/s10551-008-0012-x     Document Type: Article
Times cited : (108)

References (95)
  • 2
    • 4043129676 scopus 로고    scopus 로고
    • Managerial Discretion and Corporate Commitment to the Natural Environment
    • doi:10.1016/S0148-2963(02)00500-3
    • Aragon-Correa, J. A., F. Matías-Reche and M. A. Senise-Barrio: 2003, 'Managerial Discretion and Corporate Commitment to the Natural Environment', Journal of Business Research 57(9), 964-975. doi:10.1016/S0148-2963(02)00500-3.
    • (2003) Journal of Business Research , vol.57 , Issue.9 , pp. 964-975
    • Aragon-Correa, J.A.1    Matías-Reche, F.2    Senise-Barrio, M.A.3
  • 3
    • 0037259516 scopus 로고    scopus 로고
    • A Contingent Resource-Based View of Proactive Corporate Environmental Strategy
    • Aragón-Correa, J. A. and S. Sharma: 2003, 'A Contingent Resource-Based View of Proactive Corporate Environmental Strategy', Academy of Management Review 28(1), 71-88.
    • (2003) Academy of Management Review , vol.28 , Issue.1 , pp. 71-88
    • Aragón-Correa, J.A.1    Sharma, S.2
  • 5
    • 84896930624 scopus 로고
    • Firm Resources and Sustained Competitive Advantage
    • doi:10.1177/014920639101700108
    • Barney, J. B.: 1991, 'Firm Resources and Sustained Competitive Advantage', Journal of Management 17, 99-120. doi:10.1177/014920639101700108.
    • (1991) Journal of Management , vol.17 , pp. 99-120
    • Barney, J.B.1
  • 6
    • 0000421975 scopus 로고    scopus 로고
    • Organizational Economics: Understanding the Relationships Between Organizations and Economic Analysis
    • in C. H. S. R. Clegg and W. R. Nord (eds.), (Sage Publications, London and Thousand Oaks, CA)
    • Barney, J. B. and W. Hesterly: 1996, 'Organizational Economics: Understanding the Relationships Between Organizations and Economic Analysis', in C. H. S. R. Clegg and W. R. Nord (eds.), Handbook of Organization Studies (Sage Publications, London and Thousand Oaks, CA), pp. 115-147.
    • (1996) Handbook of Organization Studies , pp. 115-147
    • Barney, J.B.1    Hesterly, W.2
  • 8
    • 0033247292 scopus 로고    scopus 로고
    • Does Stakeholder Orientation Matter? The Relationship Between Stakeholder Management Models and Firm Financial Performance
    • doi:10.2307/256972
    • Berman, S. L., A. C. Wicks, S. Kotha and T. M. Jones: 1999, 'Does Stakeholder Orientation Matter? The Relationship Between Stakeholder Management Models and Firm Financial Performance', Academy of Management Journal 42, 488-506. doi:10.2307/256972.
    • (1999) Academy of Management Journal , vol.42 , pp. 488-506
    • Berman, S.L.1    Wicks, A.C.2    Kotha, S.3    Jones, T.M.4
  • 11
    • 77149163182 scopus 로고    scopus 로고
    • Beyond Financial Performance: Is There Something Missing in Executive Compensation Schemes?
    • in L. Gomez-Mejia and S. Werner (eds.), (Routledge, New York)
    • Berrone, P. and L. Gomez-Mejia: 2008b, 'Beyond Financial Performance: Is There Something Missing in Executive Compensation Schemes?', in L. Gomez-Mejia and S. Werner (eds.), Global Compensation: Foundations and Perspectives (Routledge, New York), pp. 206-218.
    • (2008) Global Compensation: Foundations and Perspectives , pp. 206-218
    • Berrone, P.1    Gomez-Mejia, L.2
  • 13
    • 34948847083 scopus 로고    scopus 로고
    • Corporate Ethical Identity as a Determinant of Firm Performance: A Test of the Mediating Role of Stakeholder Satisfaction
    • Berrone, P., J. Surroca and J. Tribo: 2007, 'Corporate Ethical Identity as a Determinant of Firm Performance: A Test of the Mediating Role of Stakeholder Satisfaction', Journal of Business Ethics 76(1), 35-53.
    • (2007) Journal of Business Ethics , vol.76 , Issue.1 , pp. 35-53
    • Berrone, P.1    Surroca, J.2    Tribo, J.3
  • 14
    • 35448972139 scopus 로고    scopus 로고
    • What Corporate Social Responsibility Activities are Valued by the Market?
    • Bird, R., D. A. Hall, F. Momenté and F. Reggiani: 2007, 'What Corporate Social Responsibility Activities are Valued by the Market?', Journal of Business Ethics 76(2), 189-206.
    • (2007) Journal of Business Ethics , vol.76 , Issue.2 , pp. 189-206
    • Bird, R.1    Hall, D.A.2    Momenté, F.3    Reggiani, F.4
  • 15
    • 0037407706 scopus 로고    scopus 로고
    • Proactive Environmental Strategies: A Stakeholder Management Perspective
    • doi:10.1002/smj.299
    • Buysse, K. and A. Verbeke: 2003, 'Proactive Environmental Strategies: A Stakeholder Management Perspective', Strategic Management Journal 24, 453-470. doi:10.1002/smj.299.
    • (2003) Strategic Management Journal , vol.24 , pp. 453-470
    • Buysse, K.1    Verbeke, A.2
  • 16
    • 33750266141 scopus 로고    scopus 로고
    • Uncertainty, Opportunism, and Governance: The Effects of Volatility and Ambiguity on Formal and Relational Contracting
    • Carson, S. J., A. Madhok and T. Wu: 2006, 'Uncertainty, Opportunism, and Governance: The Effects of Volatility and Ambiguity on Formal and Relational Contracting', Academy of Management Journal 49, 1058-1077.
    • (2006) Academy of Management Journal , vol.49 , pp. 1058-1077
    • Carson, S.J.1    Madhok, A.2    Wu, T.3
  • 17
    • 84867141666 scopus 로고    scopus 로고
    • Shareholders' Value Maximization and Stakeholders' Interests: Is CEOs' Long-Term Compensation the Answer?
    • in L. Gomez-Mejia and S. Werner (eds.), (Routledge, New York)
    • Cennamo, C.: 2008, 'Shareholders' Value Maximization and Stakeholders' Interests: Is CEOs' Long-Term Compensation the Answer?', in L. Gomez-Mejia and S. Werner (eds.), Global Compensation (Routledge, New York), pp. 100-112.
    • (2008) Global Compensation , pp. 100-112
    • Cennamo, C.1
  • 18
    • 34547143123 scopus 로고    scopus 로고
    • Corporate Social Responsibility and Managerial Entrenchment
    • doi:10.1111/j.1530-9134.2007.00156.x
    • Cespa, G. and G. Cestone: 2007, 'Corporate Social Responsibility and Managerial Entrenchment', Journal of Economics & Management Strategy 16, 741-771. doi:10.1111/j.1530-9134.2007.00156.x.
    • (2007) Journal of Economics & Management Strategy , vol.16 , pp. 741-771
    • Cespa, G.1    Cestone, G.2
  • 19
    • 0033414887 scopus 로고    scopus 로고
    • When Competitive Advantage Doesn't Lead to Performance: The Resource-Based View and Stakeholder Bargaining Power
    • doi:10.1287/orsc.10.2.119
    • Coff, R. W.: 1999, 'When Competitive Advantage Doesn't Lead to Performance: The Resource-Based View and Stakeholder Bargaining Power', Organization Science 10, 119-133. doi:10.1287/orsc.10.2.119.
    • (1999) Organization Science , vol.10 , pp. 119-133
    • Coff, R.W.1
  • 20
    • 23844507293 scopus 로고    scopus 로고
    • Stakeholder Management as a Predictor of CEO Compensation: Main Effects and Interactions with Financial Performance
    • doi:10.1002/smj.476
    • Coombs, J. E. and K. M. Gilley: 2005, 'Stakeholder Management as a Predictor of CEO Compensation: Main Effects and Interactions with Financial Performance', Strategic Management Journal 26, 827-840. doi:10.1002/smj.476.
    • (2005) Strategic Management Journal , vol.26 , pp. 827-840
    • Coombs, J.E.1    Gilley, K.M.2
  • 22
    • 21844493704 scopus 로고
    • Bankruptcy and Corporate Governance: The Impact of Board Composition and Structure
    • doi:10.2307/256801
    • Daily, C. M. and D. R. Dalton: 1994, 'Bankruptcy and Corporate Governance: The Impact of Board Composition and Structure', Academy of Management Journal 37, 1603-1617. doi:10.2307/256801.
    • (1994) Academy of Management Journal , vol.37 , pp. 1603-1617
    • Daily, C.M.1    Dalton, D.R.2
  • 23
    • 33645883520 scopus 로고    scopus 로고
    • Is There a Dark Side to Incentive Compensation?
    • doi:10.1016/j.jcorpfin. 2005.08.006
    • Denis, D. J., P. Hanouna and A. Sarin: 2006, 'Is There a Dark Side to Incentive Compensation?', Journal of Corporate Finance 12, 467-488. doi:10.1016/j.jcorpfin. 2005.08.006.
    • (2006) Journal of Corporate Finance , vol.12 , pp. 467-488
    • Denis, D.J.1    Hanouna, P.2    Sarin, A.3
  • 24
    • 84998844022 scopus 로고    scopus 로고
    • Incentive Alignment or Perverse Incentives? A Behavioral View of Stock Options
    • Deya-Tortella, B., L. R. Gomez-Mejia, J. Decastro and R. Wiseman: 2005, 'Incentive Alignment or Perverse Incentives? A Behavioral View of Stock Options', Management Research 3, 109-120.
    • (2005) Management Research , vol.3 , pp. 109-120
    • Deya-Tortella, B.1    Gomez-Mejia, L.R.2    Decastro, J.3    Wiseman, R.4
  • 25
    • 21844463321 scopus 로고
    • The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications
    • doi:10.2307/258887
    • Donaldson, T. and L. Preston: 1995, 'The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications', Academy of Management Review 20, 65-91. doi:10.2307/258887.
    • (1995) Academy of Management Review , vol.20 , pp. 65-91
    • Donaldson, T.1    Preston, L.2
  • 26
    • 21144472870 scopus 로고
    • Selling Issues to Top Management
    • doi:10.2307/258903
    • Dutton, J. E. and S. J. Ashford: 1993, 'Selling Issues to Top Management', Academy of Management Review 18, 397-428. doi:10.2307/258903.
    • (1993) Academy of Management Review , vol.18 , pp. 397-428
    • Dutton, J.E.1    Ashford, S.J.2
  • 27
    • 0001336426 scopus 로고
    • Agency Theory: An Assessment and Review
    • doi:10.2307/258191
    • Eisenhardt, K. M.: 1989, 'Agency Theory: An Assessment and Review', Academy of Management Review 14, 57-74. doi:10.2307/258191.
    • (1989) Academy of Management Review , vol.14 , pp. 57-74
    • Eisenhardt, K.M.1
  • 28
  • 29
    • 0002317008 scopus 로고    scopus 로고
    • A Communitarian Note on Stakeholder Theory
    • doi:10.2307/3857547
    • Etzioni, A.: 1998, 'A Communitarian Note on Stakeholder Theory', Business Ethics Quarterly 8, 679-691. doi:10.2307/3857547.
    • (1998) Business Ethics Quarterly , vol.8 , pp. 679-691
    • Etzioni, A.1
  • 30
    • 0000806744 scopus 로고
    • Agency Problems and the Theory of the Firm
    • doi:10.1086/260866
    • Fama, E. F.: 1980, 'Agency Problems and the Theory of the Firm', The Journal of Political Economy 88, 288-307. doi:10.1086/260866.
    • (1980) The Journal of Political Economy , vol.88 , pp. 288-307
    • Fama, E.F.1
  • 31
    • 0036888978 scopus 로고    scopus 로고
    • Monitoring by the Financial Press and Forced CEO Turnover
    • doi:10.1016/S0378-4266(01)00183-2
    • Farrell, K. A. and D. A. Whidbee: 2002, 'Monitoring by the Financial Press and Forced CEO Turnover', Journal of Banking & Finance 26, 2249-2276. doi:10.1016/S0378-4266(01)00183-2.
    • (2002) Journal of Banking & Finance , vol.26 , pp. 2249-2276
    • Farrell, K.A.1    Whidbee, D.A.2
  • 32
    • 0742321672 scopus 로고    scopus 로고
    • Impact of Firm Performance Expectations on CEO Turnover and Replacement Decisions
    • doi:10.1016/j.jacceco.2003. 09.001
    • Farrell, K. A. and D. A. Whidbee: 2003, 'Impact of Firm Performance Expectations on CEO Turnover and Replacement Decisions', Journal of Accounting and Economics 36, 165-196. doi:10.1016/j.jacceco.2003. 09.001.
    • (2003) Journal of Accounting and Economics , vol.36 , pp. 165-196
    • Farrell, K.A.1    Whidbee, D.A.2
  • 33
    • 0032220385 scopus 로고    scopus 로고
    • How Much does the CEO Matter? The Role of Managerial Discretion in the Setting of CEO Compensation
    • doi:10.2307/257101
    • Finkelstein, S. and B. Boyd: 1998, 'How Much does the CEO Matter? The Role of Managerial Discretion in the Setting of CEO Compensation', Academy of Management Journal 41, 179-199. doi:10.2307/257101.
    • (1998) Academy of Management Journal , vol.41 , pp. 179-199
    • Finkelstein, S.1    Boyd, B.2
  • 35
    • 4043065019 scopus 로고    scopus 로고
    • The Moderating Effect of Environmental Munificence and Dynamism on the Relationship Between Discretionary Social Responsibility and Firm Performance
    • doi:10.1023/B:BUSI.0000013862.149 41.4e
    • Goll, I. and A. A. Rasheed: 2004, 'The Moderating Effect of Environmental Munificence and Dynamism on the Relationship Between Discretionary Social Responsibility and Firm Performance', Journal of Business Ethics 49(1), 41-54. doi:10.1023/B:BUSI.0000013862.149 41.4e.
    • (2004) Journal of Business Ethics , vol.49 , Issue.1 , pp. 41-54
    • Goll, I.1    Rasheed, A.A.2
  • 38
    • 0041295400 scopus 로고
    • Institutional Owners and Corporate Social Performance
    • doi:10.2307/256611
    • Graves, S. B. and S. A. Waddock: 1994, 'Institutional Owners and Corporate Social Performance', Academy of Management Journal 37, 1034-1046. doi:10.2307/256611.
    • (1994) Academy of Management Journal , vol.37 , pp. 1034-1046
    • Graves, S.B.1    Waddock, S.A.2
  • 39
    • 36049023426 scopus 로고    scopus 로고
    • Stakeholder Engagement: Beyond the Myth of Corporate Responsibility
    • doi:10.1007/s10551-007-9509-y
    • Greenwood, M.: 2007, 'Stakeholder Engagement: Beyond the Myth of Corporate Responsibility', Journal of Business Ethics 74(4), 315-327. doi:10.1007/s10551-007-9509-y.
    • (2007) Journal of Business Ethics , vol.74 , Issue.4 , pp. 315-327
    • Greenwood, M.1
  • 40
    • 84936194550 scopus 로고
    • The Costs and the Benefits of Ownership: A Theory of Vertical and Lateral Integration
    • doi:10.1086/261404
    • Grossman, S. and O. Hart: 1986, 'The Costs and the Benefits of Ownership: A Theory of Vertical and Lateral Integration', The Journal of Political Economy 94, 691-719. doi:10.1086/261404.
    • (1986) The Journal of Political Economy , vol.94 , pp. 691-719
    • Grossman, S.1    Hart, O.2
  • 41
    • 33845761520 scopus 로고    scopus 로고
    • The Challenges of Innovating for Sustainable Development
    • Hall, J. and H. Vredenburg: 2003, 'The Challenges of Innovating for Sustainable Development', MIT Sloan Management Review 45(1), 61-68.
    • (2003) MIT Sloan Management Review , vol.45 , Issue.1 , pp. 61-68
    • Hall, J.1    Vredenburg, H.2
  • 42
  • 43
    • 0001121466 scopus 로고
    • Managerial Discretion: A Bridge Between Polar Views on Organizations
    • Hambrick, D. C. and S. Finkelstein: 1987, 'Managerial Discretion: A Bridge Between Polar Views on Organizations', Research in Organizational Behavior 9, 369-406.
    • (1987) Research in Organizational Behavior , vol.9 , pp. 369-406
    • Hambrick, D.C.1    Finkelstein, S.2
  • 44
    • 3042542616 scopus 로고    scopus 로고
    • Believing One's Own Press: The Causes and Consequences of CEO Celebrity
    • doi:10.1002/smj.405
    • Hayward, M. L. A., V. P. Rindova and T. G. Pollock: 2004, 'Believing One's Own Press: The Causes and Consequences of CEO Celebrity', Strategic Management Journal 25, 637-653. doi:10.1002/smj.405.
    • (2004) Strategic Management Journal , vol.25 , pp. 637-653
    • Hayward, M.L.A.1    Rindova, V.P.2    Pollock, T.G.3
  • 45
    • 34548740202 scopus 로고    scopus 로고
    • Taming Trojan Horses: Identifying and Mitigating Corporate Social Responsibility Risks
    • doi:10.1007/s10551-006-9242-y
    • Heugens, P. and N. Dentchev: 2007, 'Taming Trojan Horses: Identifying and Mitigating Corporate Social Responsibility Risks', Journal of Business Ethics 75(2), 151-170. doi:10.1007/s10551-006-9242-y.
    • (2007) Journal of Business Ethics , vol.75 , Issue.2 , pp. 151-170
    • Heugens, P.1    Dentchev, N.2
  • 46
    • 0038159332 scopus 로고    scopus 로고
    • Shareholder Value, Stakeholder Management, and Social Issues: What's the Bottom Line?
    • doi:10.1002/1097-0266(200101)22:2<125::AID-SMJ150>3.0.CO;2-H
    • Hillman, A. J. and G. D. Keim: 2001, 'Shareholder Value, Stakeholder Management, and Social Issues: What's the Bottom Line?', Strategic Management Journal 22, 125-139. doi:10.1002/1097-0266(200101)22:2<125::AID-SMJ150>3.0.CO;2-H.
    • (2001) Strategic Management Journal , vol.22 , pp. 125-139
    • Hillman, A.J.1    Keim, G.D.2
  • 47
    • 0036670792 scopus 로고    scopus 로고
    • Conflicting Voices: The Effects of Ownership Heterogeneity and Internal Governance on Corporate Strategy
    • doi:10.2307/3069305
    • Hoskisson, R. E., M. A. Hitt, R. A. Johnson and W. Grossman: 2002, 'Conflicting Voices: The Effects of Ownership Heterogeneity and Internal Governance on Corporate Strategy', Academy of Management Journal 45, 697-716. doi:10.2307/3069305.
    • (2002) Academy of Management Journal , vol.45 , pp. 697-716
    • Hoskisson, R.E.1    Hitt, M.A.2    Johnson, R.A.3    Grossman, W.4
  • 48
    • 0001066475 scopus 로고
    • Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers
    • Jensen, M. C.: 1986, 'Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers', The American Economic Review 76, 323-329.
    • (1986) The American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.C.1
  • 49
    • 84986271027 scopus 로고    scopus 로고
    • Value Maximisation, Stakeholder Theory, and the Corporate Objective Function
    • Jensen, M. C.: 2001, 'Value Maximisation, Stakeholder Theory, and the Corporate Objective Function', European Financial Management 7(3), 297-317.
    • (2001) European Financial Management , vol.7 , Issue.3 , pp. 297-317
    • Jensen, M.C.1
  • 50
    • 0036328813 scopus 로고    scopus 로고
    • Value Maximization, Stakeholder Theory, and the Corporate Objective Function
    • doi:10.2307/3857812
    • Jensen, M. C.: 2002, 'Value Maximization, Stakeholder Theory, and the Corporate Objective Function', Business Ethics Quarterly 12, 235-256. doi:10.2307/3857812.
    • (2002) Business Ethics Quarterly , vol.12 , pp. 235-256
    • Jensen, M.C.1
  • 51
    • 44649197264 scopus 로고
    • Theory of the Firm: Managerial Behavior, Agency Cost, and Ownership Structure
    • doi:10.1016/0304-405X(76)90026-X
    • Jensen, M. C. and W. H. Meckling: 1976, 'Theory of the Firm: Managerial Behavior, Agency Cost, and Ownership Structure', Journal of Financial Economics 3, 305-360. doi:10.1016/0304-405X(76)90026-X.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 52
    • 0033247298 scopus 로고    scopus 로고
    • The Effects of Corporate Governance and Institutional Ownership Types on Corporate Social Performance
    • doi:10.2307/256977
    • Johnson, R. A. and D. W. Greening: 1999, 'The Effects of Corporate Governance and Institutional Ownership Types on Corporate Social Performance', Academy of Management Journal 42, 564-576. doi:10.2307/256977.
    • (1999) Academy of Management Journal , vol.42 , pp. 564-576
    • Johnson, R.A.1    Greening, D.W.2
  • 53
    • 21844519987 scopus 로고
    • Instrumental Stakeholder Theory: A Synthesis of Ethics and Economics
    • doi:10.2307/258852
    • Jones, T. M.: 1995, 'Instrumental Stakeholder Theory: A Synthesis of Ethics and Economics', Academy of Management Review 20, 404-437. doi:10.2307/258852.
    • (1995) Academy of Management Review , vol.20 , pp. 404-437
    • Jones, T.M.1
  • 54
    • 0033241667 scopus 로고    scopus 로고
    • Convergent Stakeholder Theory
    • doi:10.2307/259075
    • Jones, T. M. and A. C. Wicks: 1999, 'Convergent Stakeholder Theory', Academy of Management Review 24, 206-221. doi:10.2307/259075.
    • (1999) Academy of Management Review , vol.24 , pp. 206-221
    • Jones, T.M.1    Wicks, A.C.2
  • 55
    • 0036348704 scopus 로고    scopus 로고
    • Using Deferred Compensation to Strengthen the Ethics of Financial Regulation
    • doi:10.1016/S0378-4266(02)00198-X
    • Kane, E. J.: 2002, 'Using Deferred Compensation to Strengthen the Ethics of Financial Regulation', Journal of Banking & Finance 26, 1919-1933. doi:10.1016/S0378-4266(02)00198-X.
    • (2002) Journal of Banking & Finance , vol.26 , pp. 1919-1933
    • Kane, E.J.1
  • 56
    • 0003114405 scopus 로고    scopus 로고
    • Competencies and Firm Performance: Examining the Causal Ambiguity Paradox
    • doi:10.1002/1097-0266(200101)22:1<75::AID-SMJ 145>3.0.CO;2-I
    • King, A. W. and C. P. Zeithaml: 2001, 'Competencies and Firm Performance: Examining the Causal Ambiguity Paradox', Strategic Management Journal 22, 75-99. doi:10.1002/1097-0266(200101)22:1<75::AID-SMJ 145>3.0.CO;2-I.
    • (2001) Strategic Management Journal , vol.22 , pp. 75-99
    • King, A.W.1    Zeithaml, C.P.2
  • 57
    • 0006761611 scopus 로고    scopus 로고
    • Corporate Ownership Around the World
    • doi:10.1111/0022-1082.00115
    • La Porta, R., F. Lopez De Silanes and A. Shleifer: 1999, 'Corporate Ownership Around the World', The Journal of Finance 54, 471-517. doi:10.1111/0022-1082.00115.
    • (1999) The Journal of Finance , vol.54 , pp. 471-517
    • La Porta, R.1    Lopez de Silanes, F.2    Shleifer, A.3
  • 58
    • 0000482046 scopus 로고
    • Uncertain Imitability: An Analysis of Interfirm Differences in Efficiency Under Competition
    • doi:10.2307/3003464
    • Lippman, S. A. and R. P. Rumelt: 1982, 'Uncertain Imitability: An Analysis of Interfirm Differences in Efficiency Under Competition', The Bell Journal of Economics 13, 418-438. doi:10.2307/3003464.
    • (1982) The Bell Journal of Economics , vol.13 , pp. 418-438
    • Lippman, S.A.1    Rumelt, R.P.2
  • 59
    • 18144396179 scopus 로고    scopus 로고
    • Corporate Social Responsibility and Long-Term Compensation: Evidence from Canada
    • doi:10.1007/s10551-004-5367-z
    • Mahoney, L. S. and L. Thorne: 2005, 'Corporate Social Responsibility and Long-Term Compensation: Evidence from Canada', Journal of Business Ethics 57(3), 241-253. doi:10.1007/s10551-004-5367-z.
    • (2005) Journal of Business Ethics , vol.57 , Issue.3 , pp. 241-253
    • Mahoney, L.S.1    Thorne, L.2
  • 60
    • 0347569255 scopus 로고    scopus 로고
    • Misery Loves Companies: Rethinking Social Initiatives by Business
    • doi:10. 2307/3556659
    • Margolis, J. D. and J. P. Walsh: 2003, 'Misery Loves Companies: Rethinking Social Initiatives by Business', Administrative Science Quarterly 48, 268-305. doi:10. 2307/3556659.
    • (2003) Administrative Science Quarterly , vol.48 , pp. 268-305
    • Margolis, J.D.1    Walsh, J.P.2
  • 61
    • 0041328708 scopus 로고    scopus 로고
    • Getting by with the Advice of their Friends: CEOs' Advice Networks and Firms' Strategic Responses to Poor Performance
    • doi:10.2307/3556617
    • McDonald, M. and J. D. Westphal: 2003, 'Getting by with the Advice of their Friends: CEOs' Advice Networks and Firms' Strategic Responses to Poor Performance', Administrative Science Quarterly 48, 1-32. doi:10.2307/3556617.
    • (2003) Administrative Science Quarterly , vol.48 , pp. 1-32
    • McDonald, M.1    Westphal, J.D.2
  • 62
    • 0034343081 scopus 로고    scopus 로고
    • Avoiding Competence Substitution Through Knowledge Sharing
    • doi:10.2307/259015
    • McEvily, S. K., S. Das and K. McCabe: 2000, 'Avoiding Competence Substitution Through Knowledge Sharing', Academy of Management Review 25, 294-311. doi:10.2307/259015.
    • (2000) Academy of Management Review , vol.25 , pp. 294-311
    • McEvily, S.K.1    Das, S.2    McCabe, K.3
  • 63
    • 0346671057 scopus 로고    scopus 로고
    • CEO Incentives and Corporate Social Performance
    • doi:10.1023/A:102411 9604363
    • McGuire, J., S. Dow and K. Archgeyd: 2003, 'CEO Incentives and Corporate Social Performance', Journal of Business Ethics 45(4), 341-359. doi:10.1023/A:102411 9604363.
    • (2003) Journal of Business Ethics , vol.45 , Issue.4 , pp. 341-359
    • McGuire, J.1    Dow, S.2    Archgeyd, K.3
  • 65
    • 0031529953 scopus 로고    scopus 로고
    • Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts
    • doi:10.2307/259247
    • Mitchell, R. K., B. R. Agle and D. J. Wood: 1997, 'Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of Who and What Really Counts', Academy of Management Review 22, 853-886. doi:10.2307/259247.
    • (1997) Academy of Management Review , vol.22 , pp. 853-886
    • Mitchell, R.K.1    Agle, B.R.2    Wood, D.J.3
  • 66
    • 0842303600 scopus 로고    scopus 로고
    • Can Managerial Discretion Explain Observed Leverage Ratios?
    • doi:10.1093/rfs/hhg036
    • Morellec, E.: 2004, 'Can Managerial Discretion Explain Observed Leverage Ratios?', Review of Financial Studies 17, 257-294. doi:10.1093/rfs/hhg036.
    • (2004) Review of Financial Studies , vol.17 , pp. 257-294
    • Morellec, E.1
  • 67
    • 0031533717 scopus 로고    scopus 로고
    • Strategy Making Under Causal Ambiguity: Conceptual Issues and Empirical Evidence
    • doi:10.1287/orsc.8.4.414
    • Mosakowski, E.: 1997, 'Strategy Making Under Causal Ambiguity: Conceptual Issues and Empirical Evidence', Organization Science 8, 414-442. doi:10.1287/orsc.8.4.414.
    • (1997) Organization Science , vol.8 , pp. 414-442
    • Mosakowski, E.1
  • 68
    • 0002495178 scopus 로고
    • The Micro-Politics of Strategy Formulation
    • doi:10.2307/257245
    • Narayanan, V. K. and L. Fahey: 1982, 'The Micro-Politics of Strategy Formulation', Academy of Management Review 7, 25-34. doi:10.2307/257245.
    • (1982) Academy of Management Review , vol.7 , pp. 25-34
    • Narayanan, V.K.1    Fahey, L.2
  • 69
    • 31744451012 scopus 로고    scopus 로고
    • Institutional Ownership and Corporate Social Performance: The Moderating Effects of Investment Horizon, Activism, and Coordination
    • doi:10.1177/0149206305277797
    • Neubaum, D. O. and S. A. Zahra: 2006, 'Institutional Ownership and Corporate Social Performance: The Moderating Effects of Investment Horizon, Activism, and Coordination', Journal of Management 32(1), 108-131. doi:10.1177/0149206305277797.
    • (2006) Journal of Management , vol.32 , Issue.1 , pp. 108-131
    • Neubaum, D.O.1    Zahra, S.A.2
  • 71
    • 0000456854 scopus 로고
    • Markets, Bureaucracies, and Clans
    • doi:10. 2307/2392231
    • Ouchi, W. G.: 1980, 'Markets, Bureaucracies, and Clans', Administrative Science Quarterly 25, 129-141. doi:10. 2307/2392231.
    • (1980) Administrative Science Quarterly , vol.25 , pp. 129-141
    • Ouchi, W.G.1
  • 72
    • 34548203791 scopus 로고    scopus 로고
    • A Case Study of Stakeholder Identification and Prioritization by Managers
    • doi:10.1007/s10551-007-9533-y
    • Parent, M. M. and D. L. Deephouse: 2007, 'A Case Study of Stakeholder Identification and Prioritization by Managers', Journal of Business Ethics 75(1), 1-23. doi:10.1007/s10551-007-9533-y.
    • (2007) Journal of Business Ethics , vol.75 , Issue.1 , pp. 1-23
    • Parent, M.M.1    Deephouse, D.L.2
  • 73
    • 0141763392 scopus 로고    scopus 로고
    • Unraveling the Resource-Based Tangle
    • doi:10.1002/mde.1126
    • Peteraf, M. A. and J. B. Barney: 2003, 'Unraveling the Resource-Based Tangle', Managerial and Decision Economics 24, 309-323. doi:10.1002/mde.1126.
    • (2003) Managerial and Decision Economics , vol.24 , pp. 309-323
    • Peteraf, M.A.1    Barney, J.B.2
  • 74
    • 31144447867 scopus 로고    scopus 로고
    • Causal Ambiguity, Management Perception, and Firm Performance
    • Powell, T., D. Lovallo and C. Caringal: 2006, 'Causal Ambiguity, Management Perception, and Firm Performance', Academy of Management Review 31, 175-196.
    • (2006) Academy of Management Review , vol.31 , pp. 175-196
    • Powell, T.1    Lovallo, D.2    Caringal, C.3
  • 75
    • 0002070419 scopus 로고
    • Causal Ambiguity, Barriers to Imitation, and Sustainable Competitive Advantage
    • doi:10.2307/258107
    • Reed, R. and R. J. Defillippi: 1990, 'Causal Ambiguity, Barriers to Imitation, and Sustainable Competitive Advantage', Academy of Management Review 15, 88-102. doi:10.2307/258107.
    • (1990) Academy of Management Review , vol.15 , pp. 88-102
    • Reed, R.1    Defillippi, R.J.2
  • 76
    • 33644505198 scopus 로고    scopus 로고
    • Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests
    • doi:10.1007/s10551-005-5493-2
    • Reynolds, S. J., F. C. Schultz and D. R. Hekman: 2006, 'Stakeholder Theory and Managerial Decision-Making: Constraints and Implications of Balancing Stakeholder Interests', Journal of Business Ethics 64(3), 285-301. doi:10.1007/s10551-005-5493-2.
    • (2006) Journal of Business Ethics , vol.64 , Issue.3 , pp. 285-301
    • Reynolds, S.J.1    Schultz, F.C.2    Hekman, D.R.3
  • 77
    • 44849124882 scopus 로고    scopus 로고
    • An Analysis of 10 years of Business Ethics Research in Strategic Management Journal: 1996-2005
    • doi:10.1007/s10551-007-9466-5
    • Robertson, C. J.: 2008, 'An Analysis of 10 years of Business Ethics Research in Strategic Management Journal: 1996-2005', Journal of Business Ethics 80(4), 745-753. doi:10.1007/s10551-007-9466-5.
    • (2008) Journal of Business Ethics , vol.80 , Issue.4 , pp. 745-753
    • Robertson, C.J.1
  • 78
    • 0036806109 scopus 로고    scopus 로고
    • The Antecedents to Institutional Investor Activism
    • doi:10.2307/4134403
    • Ryan, L. and M. Schneider: 2002, 'The Antecedents to Institutional Investor Activism', Academy of Management Review 27, 556-573. doi:10.2307/4134403.
    • (2002) Academy of Management Review , vol.27 , pp. 556-573
    • Ryan, L.1    Schneider, M.2
  • 79
    • 34548270407 scopus 로고    scopus 로고
    • A Social Contract Account for CSR as an Extended Model of Corporate Governance (II): Compliance, Reputation and Reciprocity
    • doi:10.1007/s10551-006-9239-6
    • Sacconi, L.: 2007, 'A Social Contract Account for CSR as an Extended Model of Corporate Governance (II): Compliance, Reputation and Reciprocity', Journal of Business Ethics 75(1), 77. doi:10.1007/s10551-006-9239-6.
    • (2007) Journal of Business Ethics , vol.75 , Issue.1 , pp. 77
    • Sacconi, L.1
  • 80
    • 12744255449 scopus 로고    scopus 로고
    • Stakeholder Rights and Corporate Governance: A Cross-National Study of Hostile Takeovers
    • Schneper, W. D. and M. F. Guillén: 2004, 'Stakeholder Rights and Corporate Governance: A Cross-National Study of Hostile Takeovers', Administrative Science Quarterly 49(2), 263-295.
    • (2004) Administrative Science Quarterly , vol.49 , Issue.2 , pp. 263-295
    • Schneper, W.D.1    Guillén, M.F.2
  • 82
    • 0034340135 scopus 로고    scopus 로고
    • Managerial Interpretations and Organizational Context as Predictors of Corporate Choice of Environmental Strategy
    • doi:10.2307/1556361
    • Sharma, S.: 2000, 'Managerial Interpretations and Organizational Context as Predictors of Corporate Choice of Environmental Strategy', Academy of Management Journal 43(4), 581-597. doi:10.2307/1556361.
    • (2000) Academy of Management Journal , vol.43 , Issue.4 , pp. 581-597
    • Sharma, S.1
  • 83
    • 0001565045 scopus 로고    scopus 로고
    • Proactive Corporate Environmental Strategy and the Development of Competitively Valuable Organizational Capabilities
    • doi:10.1002/(SICI)1097-0266(199808)19:8<729::AID-SMJ967> 3.0.CO;2-4
    • Sharma, S. and H. Vredenburg: 1998, 'Proactive Corporate Environmental Strategy and the Development of Competitively Valuable Organizational Capabilities', Strategic Management Journal 19, 729-753. doi:10.1002/(SICI)1097-0266(199808)19:8<729::AID-SMJ967> 3.0.CO;2-4.
    • (1998) Strategic Management Journal , vol.19 , pp. 729-753
    • Sharma, S.1    Vredenburg, H.2
  • 84
    • 3142723726 scopus 로고    scopus 로고
    • Corporate Constituency Statutes: Hollow Hope and False Fears
    • Springer, J. D.: 1999, 'Corporate Constituency Statutes: Hollow Hope and False Fears', Annual Survey of American Law, 85-123.
    • (1999) Annual Survey of American Law , pp. 85-123
    • Springer, J.D.1
  • 85
    • 0346674054 scopus 로고    scopus 로고
    • The Defects of Stakeholder Theory
    • doi:10.1111/1467-8683.00034
    • Sternberg, E.: 1997, 'The Defects of Stakeholder Theory', Corporate Governance: An International Review 5, 3-10. doi:10.1111/1467-8683.00034.
    • (1997) Corporate Governance: An International Review , vol.5 , pp. 3-10
    • Sternberg, E.1
  • 86
    • 3142746718 scopus 로고    scopus 로고
    • The Corporate Objective Revisited
    • doi:10.1287/orsc.1040.0068
    • Sundaram, A. K. and A. C. Inkpen: 2004, 'The Corporate Objective Revisited', Organization Science 15, 350-363. doi:10.1287/orsc.1040.0068.
    • (2004) Organization Science , vol.15 , pp. 350-363
    • Sundaram, A.K.1    Inkpen, A.C.2
  • 87
    • 45349086293 scopus 로고    scopus 로고
    • Managerial Entrenchment and Corporate Social Performance
    • doi:10.1111/j.1468-5957.2008.02090.x
    • Surroca, J. and J. A. Tribó: 2008, 'Managerial Entrenchment and Corporate Social Performance', Journal of Business Finance & Accounting 35, 748-789. doi:10.1111/j.1468-5957.2008.02090.x.
    • (2008) Journal of Business Finance & Accounting , vol.35 , pp. 748-789
    • Surroca, J.1    Tribó, J.A.2
  • 88
    • 0041751098 scopus 로고    scopus 로고
    • Exploring Internal Stickiness: Impediments to the Transfer of Best Practice Within the Firm
    • Szulanski, G.: 1996, 'Exploring Internal Stickiness: Impediments to the Transfer of Best Practice Within the Firm', Strategic Management Journal 17, 27-43.
    • (1996) Strategic Management Journal , vol.17 , pp. 27-43
    • Szulanski, G.1
  • 90
    • 0001640778 scopus 로고    scopus 로고
    • The Corporate Social Performance-Financial Performance Link
    • doi:10.1002/(SICI) 1097-0266(199704)18:4<303::AID-SMJ869>3.0. CO;2-G
    • Waddock, S. and S. Graves: 1997, 'The Corporate Social Performance-Financial Performance Link', Strategic Management Journal 18, 303-319. doi:10.1002/(SICI) 1097-0266(199704)18:4<303::AID-SMJ869>3.0. CO;2-G.
    • (1997) Strategic Management Journal , vol.18 , pp. 303-319
    • Waddock, S.1    Graves, S.2
  • 91
    • 33749030749 scopus 로고    scopus 로고
    • The Burden of Celebrity: The Impact of CEO Certification Contests on CEO Pay and Performance
    • Wade, J. B., J. F. Porac, T. G. Pollock and S. D. Graffin: 2006, 'The Burden of Celebrity: The Impact of CEO Certification Contests on CEO Pay and Performance', Academy of Management Journal 49(4), 643-660.
    • (2006) Academy of Management Journal , vol.49 , Issue.4 , pp. 643-660
    • Wade, J.B.1    Porac, J.F.2    Pollock, T.G.3    Graffin, S.D.4
  • 92
    • 0032220675 scopus 로고    scopus 로고
    • Board Games: How CEOs Adapt to Increases in Structural Board Independence from Management
    • doi:10.2307/2393674
    • Westphal, J.: 1998, 'Board Games: How CEOs Adapt to Increases in Structural Board Independence from Management', Administrative Science Quarterly 43, 511-537. doi:10.2307/2393674.
    • (1998) Administrative Science Quarterly , vol.43 , pp. 511-537
    • Westphal, J.1
  • 93
    • 84867142246 scopus 로고    scopus 로고
    • Jensen's Approach to Stakeholder Theory
    • in J. Andriof, S. Waddock, B. Husted and S. Sutherland Rahman (eds.), (Greenleaf Publishing, Sheffield)
    • Windsor, D.: 2002, 'Jensen's Approach to Stakeholder Theory', in J. Andriof, S. Waddock, B. Husted and S. Sutherland Rahman (eds.), Unfolding Stakeholder Thinking (Greenleaf Publishing, Sheffield), pp. 85-100.
    • (2002) Unfolding Stakeholder Thinking , pp. 85-100
    • Windsor, D.1
  • 95
    • 0042186044 scopus 로고    scopus 로고
    • in The New Palgrave Dictionary of Economics and the Law (Macmillan, London)
    • Zingales, L. Z.: 1998, 'Corporate Governance', in The New Palgrave Dictionary of Economics and the Law (Macmillan, London), pp. 497-502.
    • (1998) Corporate Governance , pp. 497-502
    • Zingales, L.Z.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.