Measuring Corporate Performance by Building on the Stakeholders Model of Business Ethics

The main thesis guiding the conceptual development of our corporate performance measurement model is that business success - defined as long-term survival and growth - is determined by relationship quality (1) among the various organizational departments (internal stakeholders), (2) between internal...

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Veröffentlicht in:Journal of business ethics 2002-02, Vol.35 (3), p.143-162
1. Verfasser: Sirgy, M. Joseph
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creator Sirgy, M. Joseph
description The main thesis guiding the conceptual development of our corporate performance measurement model is that business success - defined as long-term survival and growth - is determined by relationship quality (1) among the various organizational departments (internal stakeholders), (2) between internal and external stakeholders, and (3) between internal and distal stakeholders. Relationship quality among internal stakeholders is conceptualized and operationalized in terms of internal service quality. Relationship quality between internal and external stakeholders is conceptualized and operationalized in terms of external service quality. Relationship quality between internal and distal stakeholders is conceptualized and operationalized in terms of company goodwill. Thus, corporate performance of manufacturing firms can be measured by a survey of representatives of internal, external, and distal stakeholders. Corporate strategies can be developed as a direct function of strengths and weaknesses uncovered by corporate performance measurement.
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source Jstor Complete Legacy; Education Source; PAIS Index; SpringerLink Journals; Business Source Complete
subjects Accounting
Advocacy
Annual reports
Business ethics
Business structures
Business studies
Calculus
Chief executive officers
Community
Competition
Corporate planning
Customer services
Customers
Departments
Economic performance
Employees
Financial management
Higher education
Labor management relations
Labor unions
Logistics management
Manufacturing
Market shares
Marketing
Marketing management
Measurement
Performance evaluation
Production management
Quality of life
Quality of service
Risk management
Sales management
Social responsibility
Stakeholder
Stakeholders
Stockholders
Strategic business units
Studies
Success
Traditions
title Measuring Corporate Performance by Building on the Stakeholders Model of Business Ethics
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