The main purpose of this study was to analyse what strategies small and medium businesses
actually adopt when confronted with a major crisis such as a fire, flood or similar
catastrophe, and determine what factors proved vital to the survival of the business.
Up until this study, the research in the area has been focused on large public companies.
Chapter 1 - The corporation and its stakeholders. In this chapter, you will learn: Understanding the relationship between business and society, and the ways in which they are part of an interactive system; considering the purpose of the modern corporation; knowing what is a stakeholder and who a corporation’s market and nonmarket and internal and external stakeholders are;...
This compendium provides a comprehensive overview of the most important topics covered in a strategy course at the Bachelor, Master or MBA level. The intention is to supplement renowned strategy textbooks such as Johnson and Scholes.
This compendium is designed such that it follows the structure of a typical strategy course.
Throughout this compendium theory is supplemented with examples and illustrations.
Corporate Social Responsibility (or CSR as we will call it throughout this book) is a concept
which has become dominant in business reporting. Every corporation has a policy concerning
CSR and produces a report annually detailing its activity. And of course each of us claims to be
able to recognise corporate activity which is socially responsible and activity which is not
Game theory provides a powerful mathematical framework that can accommodate the preferences and requirements of various stakeholders in a given process as regards the outcome of the process. The chapters' contents in this book will give an impetus to the application of game theory to the modeling and analysis of modern communication, biology engineering, transportation, etc...
Certified in Financial Forensics, a specialty credential of the AICPA.
The CFF encompasses fundamental and specialized forensic
accounting skills that CPA practitioners apply in a variety of service
areas, including: bankruptcy and insolvency; computer forensics;
economic damages; family law; fraud investigations; litigation support;
stakeholder disputes and valuations. The CFF is one of four AICPA
specialty credentials, the others being Personal Financial Specialist
(PFS), Accredited in Business Valuation (ABV) and Certified
Information Technology Professional (CITP)....
It is not sufficient for departments and agencies to plan to create deliverables without being clear who is
accountable for transitioning those deliverables into active use and thereby realisation of benefit. Benefits
must be managed from their initial identification to their successful realisation. This requires the planning and
management of transition from the old to new ways of doing things for departments, agencies and other
stakeholder areas impacted by implementation of the new policy.
The main purpose of this report is to present the diversity and wealth of experience
that savings banks have developed throughout Europe in the field of socially respon-
sible activities. It illustrates this joint commitment with concrete case studies from
a range of European countries, offering an overview of the fields in which savings
banks are active, and providing examples of what they concretely do, how they inno-
vate to adhere to stakeholders’ needs and diversify their initiatives.
Several overarching themes emerged from interviews with stakeholders in the six case-study
states regarding issues both internal and external to incentive programs that encourage and
discourage the adoption of small-scale renewable energy technologies in their respective
states. First, external factors will be discussed; illuminating the backdrop against which these
incentive programs operate is important in understanding and assessing program
Chapter 3 - The manager’s changing work environment and ethical responsibilities. In this chapter, students will be able to understand: Who are the stakeholders important to me inside the organization? Who are the stakeholders important to me inside the organization? What does the successful manager need to know about ethics and values? Is being socially responsible really necessary.
This is a welcome and natural development. A key principle of this expansion will be to ensure
inclusion of all parties, irrespective of direct agency-specific resource allocation. Another key
element will be to monitor transaction costs, cognizant of staff time as it relates to practical public
External relations with host country government and other stakeholders (e.g. development partners,
private sector and civil society) are critically important to the successful implementation of GHI in
However, the situational analysis shows that in some regions rates of chronic and acute malnutrition
remain high even outside of times of crisis, with multi factorial underlying causes. These underlying
causes include: sub optimal infant, young child and maternal feeding and care practices, poor
dietary diversity, inadequate water and sanitation and high morbidity coupled with poor access to
and utilisation of health services.
Chapter 4 - Ethics and ethical reasoning. The goals of this chapter are: Defining ethics and business ethics, evaluating why businesses should be ethical, knowing why ethical problems occur in business, identifying managerial values as influencing ethical decision making, recognizing how people’s spirituality influences their ethical behavior, understanding stages of moral reasoning, analyzing ethical problems using generally accepted ethics theories.
Neoclassical economics and several management theories assume that the corporation’s objective is profit
maximization subject to capacity constraints. The central focus is shareholders as the ultimate residual
claimant, providing the necessary financial capital for the firm’s operations (Jensen and Meckling, 1976;
Zingales, 2000). However, there is substantial variation in how corporations actually compete and pursue
Reasonable as they might seem, the stakeholder
arguments with respect to practitioneroriented
research do not hold up under scrutiny.
There is no self-evident relationship between lack
of theory in a discipline and the ability to
undertake research/consultancy for industry in
marketing or elsewhere (Grey, 2001). There is
mounting evidence, and there has been for some
time, that marketing knowledge in its current
form is not particularly valued by business.
Instead of showing the myriad ways that business, ethics, and environmentalism conflict and lead to impossible choices, it is more useful to ask, “How is it possible to put these ideas together?”2 In today’s world, all three issues require serious consideration. Businesses must continue to create value for their financiers and other stakeholders. Business leaders can no longer afford the ethical missteps that led to the epidemic of scandals in the last decade. To leave a livable world for future generations, business leaders also must pay attention to environmental matters.