Stakeholder Strategy IG

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…

Caroline Flammer – Product market competition & CSR

This study examines whether product market competition affects corporate social responsibility (CSR). To obtain exogenous variation in product market competition, I exploit a quasi-natural experiment provided by large import tariff…

Toward a dynamic notion of value creation and appropriation in firms

Most managers and the business press regard “value creation” as the increase in shareholder wealth represented by a rise in corporate profit or stock price. A broader conception of value…

The relative value of firm and nonprofit experience

Weiting Zheng on Buffering and Enabling: Political Ties in China

Several studies suggest that political ties help firms survive or perform but do not examine the boundary conditions concerning which types of firms and which type of ties help firms.…

Dorobantu & Odziemkowska: Valuing Stakeholder Governance

Eesley, DeCelles, & Lenox on strategies of social activists

The purpose of this study was to examine how different types of activist groups behave differently when targeting firms for social change. We find that traditional activist groups rely on…

From Farms to Fuel Tanks – Who defines the market and why it matters.

Entrepreneurs entering new markets must consider how their products or services create value for customers. What customers value, however, is often shaped by competition between different stakeholders who seek to…

How media coverage of corporate social irresponsibility increases financial risk

This article examines the effect of negative news on financial risk. It shows that negative media articles regarding environmental, social, and governance (ESG ) issues increase a firm’s credit risk.…

Competing/Complementary Labels? Estimating Spillovers in Chinese Grn Bldg Cert

Video abstract for the Strategic Management Journal article “Competing or Complementary Labels? Estimating Spillovers in Chinese Green Building Certification” authored by Xia Li and Timothy Simcoe. Click here to read…

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