What is it about?
This paper examines how Finnish managers’ stakeholder responsibility attitudes change over time and how managers balance stakeholder issues and economic interests. The study shows that changes in economic situation have some influence on managerial attitudes, but the expansion of free markets, together with increased regulation influence managers’ attitudes even more.
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Why is it important?
1) Studying managerial attitudes in their historical and societal context with a follow-up survey over 20 years is very rare. 2) Applying the idea of company stakeholder responsibility offers a comprehensive view of responsibility issues in stakeholder relations. 3) Stakeholder relationships and responsibilities are measured with a holistic and multidimensional view. 4) Investigating the topic over different time periods helps reveal possible patterns of change and reflections on potential factors behind those patterns. 5) The study investigates how managers balance stakeholder issues against economic issues.
Perspectives
This article brings together the results of my research work over 20 years period. I started the project as a young doctoral student, and the follow-up surveys have made it possible to examine the changes in managerial attitudes over time. In addition, as stakeholder theory has become one of the most popular frameworks in the business and society field, I think it is important to try to understand how managers approach stakeholder responsibilities in practice, too.
Professor, Vice Dean Johanna Kujala
Tampereen yliopisto
Read the Original
This page is a summary of: Company stakeholder responsibility, Baltic Journal of Management, April 2017, Emerald,
DOI: 10.1108/bjm-07-2016-0148.
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