Stakeholder Relations and the Persistence of Corporate Financial Performance

• Main Authors: CHOI, Jaepil, WANG, Heli
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2009
• Subjects: stakeholder relations; corporate financial performance; sustainability of financial performance; Business; Corporate Finance; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/1696; https://doi.org/10.1002/smj.759
• Institution: Singapore Management University

We examine the effect of a firm's relations with its nonfinancial stakeholders, including its employees, suppliers, customers, and communities, on the persistence of both superior and inferior financial performance. In particular, integrating and extending the resource-based view of the firm an...