Stakeholder Capitalism, Corporate Governance and Firm Value

By Franklin Allen, Elena Carletti, Robert Marquez. 2009

172 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/6680d48d039884ac50e672c84eada7a33025f609

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Citations in the corpus

Towards a third food regime: behind the transformation (2009, unknown): “More recently, this has become a commitment to a range of social goals which are often reflected in the creatively-worded statements of corporate social responsibility that are such a prominent feature of contemporary public relations (Ruggie 2003; Allen et al. 2007).”
Economic Nationalism in Mergers and Acquisitions (2013, unknown): “Some countries in our sample may be viewed as following “stakeholder capitalism” as opposed to “shareholder capitalism” as discussed in Allen, Carletti, and Marquez (2009), who also argue that the former countries may be more protectionist in mergers and acquisitions than the latter.”
Employee Ownership, Board Representation, and Corporate Financial Policies (2011, background): “Allen, Carletti, and Marquez (2007) predict that such stakeholder-oriented firms, which are concerned with employees and suppliers in addition to shareholders, will often prosper in competition with purely shareholder-oriented firms, though they also predict that the cost to consumers from such…”
Do socially responsible investment indexes outperform conventional indexes? (2012, background): “Therefore, it is possible to rationalize CSR as a means to signal a firm’s trustworthiness in providing quality products (Fisman et al., 2006) or to soften competition in product markets (Allen et al., 2009).”
Nonfinancial Disclosure and Analyst Forecast Accuracy: International Evidence on Corporate Social Responsibility Disclosure (2013, background): “12 Stakeholder Orientation Williams and Aguilera (2008) and Allen et al. (2009) argue that a society’s expectations”
A Theory of the Stakeholder Corporation (2015, background): “However this paper and the contemporaneous paper of Allen et al. (2011) are the only formal models of stakeholder firms (viewed as hybrids between for profit, consumers cooperatives and labor managed firms) that we are aware of.”