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Author:Logsdon, J.
Title:Expanding accountability to stakeholders: trends and predictions
Journal:Business and Society Review
2000 : WINTER, VOL. 150:4, p. 419-435
Index terms:STAKEHOLDERS
ACCOUNTABILITY
SHAREHOLDERS
Language:eng
Abstract:The stakeholder concept has transformed the language of business responsibility by making more explicit the complex and diverse relationships that firms have with individuals and groups in society. It is widely accepted today that executives have to pay attention to the expressed needs and preferences of many interest groups. Indeed, public policy often institutionalizes requirements for reporting about and to stakeholder groups. The prudent executive will also pay attention to emerging concerns and new groups that may affect public opinion about business practices and behavior.
SCIMA record nr: 222887
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