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Stakeholder Approach and the Corporate Financial Performance

Author

Listed:
  • Blažek Ladislav

    (katedra podnikového hospodářství, Ekonomicko-správní fakulta Masarykovy univerzity, Lipová 41a, 602 00 Brno)

  • Částek Ondřej

    (katedra podnikového hospodářství, Ekonomicko-správní fakulta Masarykovy univerzity, Lipová 41a, 602 00 Brno)

Abstract

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 multi dimensional analysis. Also the achieved results are related to chosen international and Czech studies.

Suggested Citation

  • Blažek Ladislav & Částek Ondřej, 2009. "Stakeholder Approach and the Corporate Financial Performance," Review of Economic Perspectives, Sciendo, vol. 9(2), pages 90-106, January.
    • Handle: RePEc:vrs:reoecp:v:9:y:2009:i:2:p:90-106:n:2
    DOI: 10.2478/v10135-009-0002-7
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