Publication details

STAKEHOLDER APPROACH AND THE CORPORATE FINANCIAL PERFORMANCE

Authors

BLAŽEK Ladislav ČÁSTEK Ondřej

Year of publication 2009
Type Article in Periodical
Magazine / Source Národohospodárský obzor
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web http://nho.econ.muni.cz/node/132
Field Economy
Keywords corporate performance; empirical research; importance of stakeholders; Stakeholder approach; stakeholder model
Description The following paper aims to describe the analysis and utilization of stakeholder approach, which was used in the research of the Research Centre for Competitiveness of Czech Economy. The stakeholder model was employed in the research to explain the behavior of enterprises and to find factors of competitiveness. Here we can find assessment of stakeholders importance and its relationship to corporate financial performance with some chosen interfering factors, which is preceding step before assessment all potential factors of competitiveness using multidimensional analysis. Also the achieved results are related to chosen international and Czech studies.
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