Stakeholder Strategy IG

2025 IG&C Business Meetings

We are pleased to announce the upcoming Annual IG&C Business Meetings. Each year, the leaders of the SMS Interest Groups & Communities host these virtual events to foster connection and…

Open Call for Applicants to Join the SMS Diversity, Equity, & Inclusion Committee

The Strategic Management Society seeks members to apply to serve on the Diversity, Equity, and Inclusion (DEI) Committee of the SMS Board of Directors. The DEI Committee will focus on…

A new study uses machine learning to predict CEO deception, helping prevent corporate fraud

Financial analysts have a tendency to favor deceptive CEOs, particularly high-status analysts, according to new research published in the Strategic Management Journal. Using an advanced machine learning model, the researchers…

Stakeholder Strategy Interest Group

The Stakeholder Strategy Interest Group promotes scholarship that embraces a multi-stakeholder perspective of firm strategy, its antecedents, its boundaries, roles, and values, and its diverse forms of impact and performance.

Do firms use CSR to insure against stock price risk?

Corporate social responsibility has many purported benefits, one of which is that it can insure against the adverse stock price effects of negative events. But do managers purposefully use CSR…

Mind the Gap: The Interplay between External and Internal Actions

Companies often accumulate intangible assets by taking internally and externally oriented CSR actions. Contrary to popular beliefs, the data show that they undertake more internal than external ones: firms do…

Jay Barney: Why Resource-based Theory Must Incorporate a Stakeholder Perspective

Some argue that since shareholders are the only stakeholder who have a claim on a firm’s profits, managers should focus only on maximizing shareholder wealth. Not only will this satisfy…

Flammer & Bansal, Does a Long-Term Orientation Create Value?

This paper shows that corporate short-termism is hampering business success. We show clear, causal evidence that imposing long-term incentives on executives—in the form of long-term executive compensation—improves business performance. Long-term…

Biranu, Gambardella, & Valentini on Bribery and Investment

We ask whether, along with ethical issues, bribing affects the behavior and performance of firms in A frica and L atin A merica. Our statistical analysis shows that bribe payments…

Location matters: Valuing firmspecific nonmarket risk…global mining industry

We argue that mines located near environmentally sensitive water sources are subject to nonmarket risks arising from the potential collective actions of local stakeholders and their allies. Stakeholder mobilization can…

Stakeholder Strategy IG

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