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Recovery from Stakeholder Demands

In: CONVENIENCE ORIENTATION IN CORPORATE CRIME Corrective Recovery Responses for Compliance and Conformance

Author

Listed:
  • PETTER GOTTSCHALK

Abstract

While public authorities in the criminal justice system require compliance with laws and regulations, stakeholders in society require both compliance as well as conformance with norms and values. The term stakeholders refer to individuals, groups, and entities that have a vested interest in or are affected by the activities and decisions of an organization. They can play a significant role in shaping the operations and outcomes of the organization. Stakeholders can include customers, employees, shareholders, vendors, local communities, government agencies, and many more. Stakeholders can help companies reach their objectives as well as prevent companies from reaching their objectives since stakeholders protect their own interests.

Suggested Citation

  • Petter Gottschalk, 2025. "Recovery from Stakeholder Demands," World Scientific Book Chapters, in: CONVENIENCE ORIENTATION IN CORPORATE CRIME Corrective Recovery Responses for Compliance and Conformance, chapter 7, pages 141-157, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789819805518_0007
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    More about this item

    Keywords

    Corporate Compliance; Corporate Conformance; Convenience Theory; Corporate Scandal; Crisis Management; Destructive Leadership; Recovery Strategy; Recovery Triggers;
    All these keywords.

    JEL classification:

    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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