TY - GEN
T1 - An empirical study of the relationship between financial performance and enterprise stakeholders' demand under the social man precondition
AU - Han, Dong Ping
AU - Wang, Ming Ming
AU - Wang, Ya Ming
PY - 2010
Y1 - 2010
N2 - In addition to delivering high return to shareholders, enterprises should simultaneously take into account the demands of other stakeholders. Although it may be difficult for enterprises to balance the interests among different interested-related groups, the balancing work can not be neglected. After systematically summarizing the related former classic studies, we put forward hypothesis about the relationships between enterprise stakeholders' demand and the financial performance under the social man precondition. Then an analysis of the hypothesis is empirically presented. The results showed that the stakeholders and interest demand oriented realized degree and financial performance is in a positive correlation, the conclusion is that its stakeholders appeal can promote enterprise's financial performance. Finally, a method is developed to balance the interests between different stakeholders.
AB - In addition to delivering high return to shareholders, enterprises should simultaneously take into account the demands of other stakeholders. Although it may be difficult for enterprises to balance the interests among different interested-related groups, the balancing work can not be neglected. After systematically summarizing the related former classic studies, we put forward hypothesis about the relationships between enterprise stakeholders' demand and the financial performance under the social man precondition. Then an analysis of the hypothesis is empirically presented. The results showed that the stakeholders and interest demand oriented realized degree and financial performance is in a positive correlation, the conclusion is that its stakeholders appeal can promote enterprise's financial performance. Finally, a method is developed to balance the interests between different stakeholders.
KW - Enterprise stakeholders
KW - Financial performance
KW - Interest-orientation
KW - Social man hypothesis
UR - https://www.scopus.com/pages/publications/79952904883
U2 - 10.1109/ICMSE.2010.5719952
DO - 10.1109/ICMSE.2010.5719952
M3 - 会议稿件
AN - SCOPUS:79952904883
SN - 9781424481163
T3 - 2010 International Conference on Management Science and Engineering, ICMSE 2010
SP - 1239
EP - 1263
BT - 2010 International Conference on Management Science and Engineering, ICMSE 2010
T2 - 17th International Conference on Management Science and Engineering, ICMSE 2010
Y2 - 24 November 2010 through 26 November 2010
ER -