Changing managers’ values towards a broader stakeholder orientation
Abstract
Challenged by recent incidents as they occurred at Enron, WorldCom, Disney and Xerox, management has to rethink its values and to consider the expectations of their stakeholders. In reality, it can be observed that some firms are already on a learning path to adopt a broader stakeholder‐oriented view than before. In order to implement the stakeholder view better into strategic thinking of management, top managers have to change their values which are challenged by stakeholder‐oriented incentives. Based on three comparative case studies some first propositions are developed.
Keywords
Citation
Sachs, S. and Rühli, E. (2005), "Changing managers’ values towards a broader stakeholder orientation", Corporate Governance, Vol. 5 No. 2, pp. 89-98. https://doi.org/10.1108/14720700510562686
Publisher
:Emerald Group Publishing Limited
Copyright © 2005, Emerald Group Publishing Limited