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@article{1401832,
author = {Částek, Ondřej and Cenek, Martin},
article_location = {Koper},
article_number = {2},
doi = {http://dx.doi.org/10.26493/1854-6935.15.187-207},
keywords = {stakeholder management; stakeholder relationship; stakeholder importance; business performance; empirical research},
language = {eng},
issn = {1854-6935},
journal = {Managing Global Transitions: International Research Journal},
title = {A Relationship between Stakeholder Management and Business Performance in the Czech Republic},
url = {https://econpapers.repec.org/article/mgtyoumgt/v_3a15_3ay_3a2017_3ai_3a2_3ap_3a187-207.htm},
volume = {15},
year = {2017}
}
TY - JOUR
ID - 1401832
AU - Částek, Ondřej - Cenek, Martin
PY - 2017
TI - A Relationship between Stakeholder Management and Business Performance in the Czech Republic
JF - Managing Global Transitions: International Research Journal
VL - 15
IS - 2
SP - 187-207
EP - 187-207
PB - University of Primorska, Faculty of Management
SN - 18546935
KW - stakeholder management
KW - stakeholder relationship
KW - stakeholder importance
KW - business performance
KW - empirical research
UR - https://econpapers.repec.org/article/mgtyoumgt/v_3a15_3ay_3a2017_3ai_3a2_3ap_3a187-207.htm
L2 - https://econpapers.repec.org/article/mgtyoumgt/v_3a15_3ay_3a2017_3ai_3a2_3ap_3a187-207.htm
N2 - The quality of a relationship with stakeholders is often perceived as a way to a competitive advantage of a company. In other words, many authors have defended a hypothesis that the application of stakeholder management leads to a higher business performance. However, empirical verification of such a hypothesis is not trivial. In the first place, the operationalization of the stakeholder management, quality of the relationship towards stakeholders or the importance of stakeholders is a challenge by itself. This article therefore aims to review empirical research of the relationship between stakeholder management and performance of companies located in the Czech Republic. Unfortunately, the authors conclude that studies with factual results from the Czech Republic are almost none. Only two studies explicitly examine the relationship between stakeholder management and business performance. On top of that, both of these studies suffer from an inadequate research design.
ER -
ČÁSTEK, Ondřej and Martin CENEK. A Relationship between Stakeholder Management and Business Performance in the Czech Republic. \textit{Managing Global Transitions: International Research Journal}. Koper: University of Primorska, Faculty of Management, 2017, vol.~15, No~2, p.~187-207. ISSN~1854-6935. Available from: https://dx.doi.org/10.26493/1854-6935.15.187-207.
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