The Experts below are selected from a list of 17982 Experts worldwide ranked by ideXlab platform
Brayden G King - One of the best experts on this subject based on the ideXlab platform.
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social movements risk perceptions and economic outcomes the effect of Primary and secondary Stakeholder activism on firms perceived environmental risk and financial performance
American Sociological Review, 2012Co-Authors: Ion Bogdan Vasi, Brayden G KingAbstract:Although risk assessments are critical inputs to economic and organizational decision-making, we lack a good understanding of the social and political causes of shifts in risk perceptions and the consequences of those changes. This article uses social movement theory to explain the effect of environmental activism on corporations’ perceived environmental risk and actual financial performance. We define environmental risk as audiences’ perceptions that a firm’s practices or policies will lead to greater potential for an environmental failure or crisis that would expose it to financial decline. Using data on environmental activism targeting U.S. firms between 2004 and 2008, we examine variation in the effectiveness of secondary and Primary Stakeholder activism in shaping perceptions about environmental risk. Our empirical analysis demonstrates that Primary Stakeholder activism against a firm affects its perceived environmental risk, which subsequently has a negative effect on the firm’s financial performance.
Ion Bogdan Vasi - One of the best experts on this subject based on the ideXlab platform.
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social movements risk perceptions and economic outcomes the effect of Primary and secondary Stakeholder activism on firms perceived environmental risk and financial performance
American Sociological Review, 2012Co-Authors: Ion Bogdan Vasi, Brayden G KingAbstract:Although risk assessments are critical inputs to economic and organizational decision-making, we lack a good understanding of the social and political causes of shifts in risk perceptions and the consequences of those changes. This article uses social movement theory to explain the effect of environmental activism on corporations’ perceived environmental risk and actual financial performance. We define environmental risk as audiences’ perceptions that a firm’s practices or policies will lead to greater potential for an environmental failure or crisis that would expose it to financial decline. Using data on environmental activism targeting U.S. firms between 2004 and 2008, we examine variation in the effectiveness of secondary and Primary Stakeholder activism in shaping perceptions about environmental risk. Our empirical analysis demonstrates that Primary Stakeholder activism against a firm affects its perceived environmental risk, which subsequently has a negative effect on the firm’s financial performance.
Andrew Griffiths - One of the best experts on this subject based on the ideXlab platform.
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the natural environment as a Primary Stakeholder the case of climate change
Business Strategy and The Environment, 2009Co-Authors: Nardia Haigh, Andrew GriffithsAbstract:In this paper, we review the debate surrounding whether or not the natural environment should be considered an organizational Stakeholder. We argue for a broad definition of Stakeholders, and present a case for the natural environment being an easily identifiable Primary Stakeholder when climate change is brought into the debate. We develop a conceptual Stakeholder identification framework by combining and extending the work of Mitchell, Agle and Wood, and Driscoll and Starik. We approach the Stakeholder issue from a strategic rather than moral or ethical perspective. In particular, we contend that power, legitimacy, urgency and proximity are combined when climatic changes, such as increasingly frequent anomalous extreme weather, can damage business infrastructure, resources, products and market, overshadowing moral and ethical aspects of the debate. We also identify key implications for business and policymakers, and highlight opportunities for future research. Copyright © 2007 John Wiley & Sons, Ltd and ERP Environment.
Gregory R Berry - One of the best experts on this subject based on the ideXlab platform.
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organizing against multinational corporate power in cancer alley the activist community as Primary Stakeholder
Organization & Environment, 2003Co-Authors: Gregory R BerryAbstract:This article documents how a small, oppressed, and seemingly powerless community in Louisiana persevered to defeat the strategic plans of a multinational chemical company that was supported by local and state government elites. The evolving construct of environmental justice played a significant part in this battle as community groups formed coalitions with local, state, and national agents and organizations to challenge the decision to site a hazardous facility. Lawsuits resulted in costs, lengthy delays, and uncertainty for the corporation, leading Shintech to abandon its original site of choice. Data were gathered from media archives and coded and analyzed using grounded theory methodology. Implications of the study are discussed for Stakeholder theory, environmental justice scholars, and community advocacy groups, as it is even more clear from this landmark case that noxious industries can be thwarted as they attempt expansion, start-up, or even permit renewal, especially in minority or economically d...
Nardia Haigh - One of the best experts on this subject based on the ideXlab platform.
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the natural environment as a Primary Stakeholder the case of climate change
Business Strategy and The Environment, 2009Co-Authors: Nardia Haigh, Andrew GriffithsAbstract:In this paper, we review the debate surrounding whether or not the natural environment should be considered an organizational Stakeholder. We argue for a broad definition of Stakeholders, and present a case for the natural environment being an easily identifiable Primary Stakeholder when climate change is brought into the debate. We develop a conceptual Stakeholder identification framework by combining and extending the work of Mitchell, Agle and Wood, and Driscoll and Starik. We approach the Stakeholder issue from a strategic rather than moral or ethical perspective. In particular, we contend that power, legitimacy, urgency and proximity are combined when climatic changes, such as increasingly frequent anomalous extreme weather, can damage business infrastructure, resources, products and market, overshadowing moral and ethical aspects of the debate. We also identify key implications for business and policymakers, and highlight opportunities for future research. Copyright © 2007 John Wiley & Sons, Ltd and ERP Environment.