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  1. The Connection Between Stakeholder Theory and Stakeholder Democracy: An Excavation and Defense.Jeffrey Moriarty - 2014 - Business and Society 53 (6):820-852.
    In early writings, stakeholder theorists supported giving all stakeholders formal, binding control over the corporation, in particular, over its board of directors. In recent writings, however, they claim that stakeholder theory does not require changing the current structure of corporate governance and further claim to be “agnostic” about the value of doing so. This article’s purpose is to highlight this shift and to argue that it is a mistake. It argues that, for instrumental reasons, stakeholder theorists should support giving all (...)
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  • Under the Tip of the Iceberg: Absorptive Capacity, Environmental Strategy, and Competitive Advantage.Magali Delmas - 2011 - Business and Society 50 (1):116-154.
    Although existing research evaluates how the adoption of proactive environmental strategies affects corporate performance, there is little understanding of the organizational mechanisms that link such strategies to competitive advantage. It is, therefore, unclear how environmental strategies relate to other management strategies that could lead to a competitive advantage. In this article, we analyze the organizational capabilities that underlie a firm’s ability to generate competitive advantage from the adoption of proactive environmental strategies. We develop and test a model where absorptive capacity (...)
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  • Stakeholder Relevance for Reporting: Explanatory Factors of Carbon Disclosure.Gabriel Weber, Frank Schiemann, Thomas Guenther & Edeltraud Guenther - 2016 - Business and Society 55 (3):361-397.
    Although stakeholder theory is widely accepted in environmental disclosure research, empirical evidence about the role of stakeholders in firms’ disclosure is still scarce. The authors address this issue for a setting of carbon disclosure. Our international sample comprises the Carbon Disclosure Project Global 500, S&P 500, and FTSE 350 reports from 2008 to 2011, resulting in a total of 1,120 firms with 3,631 firm-year observations. The authors apply Tobit regressions to analyze the relationship between carbon disclosure and the relevance of (...)
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  • Why Do SMEs Go Green? An Analysis of Wine Firms in South Africa.Ralph Hamann, James Smith, Pete Tashman & R. Scott Marshall - 2017 - Business and Society 56 (1):23-56.
    Studies on why small and medium enterprises engage in pro-environmental behavior suggest that managers’ environmental responsibility plays a relatively greater role than competitiveness and legitimacy-seeking. These categories of drivers are mostly considered independent of each other. Using survey data and comparative case studies of wine firms in South Africa, this study finds that managers’ environmental responsibility is indeed the key driver in a context where state regulation hardly plays any role in regulating dispersed, rural firms. However, especially proactive firms are (...)
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