Towards a novel approach to companies-stakeholder relationship: Modelling IBEX35 long run value creation

This article analyzes the relationship between IBEX35 companies with their stakeholders. Previous research points out two relevant aspects for the long run value creation in organizations with CSR strategies: first, the existence of a stakeholder"s dialog which allows building a joint materiali...

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Detalles Bibliográficos
Autores: Moreno, Manuel, Mañas Alcón, Elena|||0000-0003-1873-4099, Montes Pineda, Óscar René|||0000-0002-5533-5233, Fernández Olit, Beatriz Rosa
Tipo de recurso: libro
Fecha de publicación:2023
País:España
Institución:Universidad de Alcalá (UAH)
Repositorio:e_Buah Biblioteca Digital Universidad de Alcalá
Idioma:español
OAI Identifier:oai:ebuah.uah.es:10017/68109
Acceso en línea:http://hdl.handle.net/10017/68109
https://dx.doi.org/10.1007/978-3-031-24647-0_18
Access Level:acceso abierto
Palabra clave:Stakeholders" relationship
Long run value creation
CSR
Corporate governance
Economía
Empresa
Economics
Management science
Descripción
Sumario:This article analyzes the relationship between IBEX35 companies with their stakeholders. Previous research points out two relevant aspects for the long run value creation in organizations with CSR strategies: first, the existence of a stakeholder"s dialog which allows building a joint materiality matrix and, second, the ability to manage interest groups, where some relevant elements have been identified, such as the recommended proactivity of organizations. These elements are completed by carrying out a qualitative analysis of the best practices in the Dow Jones Sustainability Index (DJSI) companies, and further, the IBEX35 companies" relationship performance with their stakeholders is studied, for which stakeholder approach (theory) and the renewed accountability standards have been considered. Results are presented in a radar/spider chart where IBEX35 companies are compared against best performing DJSI companies.