Research of the Corporate Performance Evaluation Indicators Based on the Stakeholder Theory

Abstract

The traditional evaluation system of corporate performance by maximizing stakeholders’ value has increasingly shown its limitations, and the establishment of performance evaluation system based on stakeholder theory is particularly important. This paper describes stakeholders’ focuses on corporate performance evaluation and analyzes the importance of each of these concerns. Finally, based on the summary of the preceding analysis, this paper analyses the performance evaluation system based on the stakeholder theory, which is oriented by the maximization of corporate value, and proposes different focuses of the corporation according to different sectors and different circumstances.

Share and Cite:

Zhang, Q. (2015) Research of the Corporate Performance Evaluation Indicators Based on the Stakeholder Theory. Open Journal of Social Sciences, 3, 111-116. doi: 10.4236/jss.2015.37019.

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1] Hou, W. (2009) Financial Indicators in Evaluating Performance in the Corporation. Business Economy, 24.
[2] Zhang, Z.G., Liang, Z.G. and Yin, K.G. (2012) Research on Corporates’ Social Responsibilities from the Prospective of Stakeholders. China Soft Science, 2.
[3] Wang, X.W. and Chen, H. (2011) Research on the Relationship between Corporate Social Responsibility and Corporate Value. Management Science, 6.
[4] Liu, X.M. (2012) Alliance Combination: Value Creation and Administration Mechanism. China Industrial Economics, 6.
[5] Liu, G. (2012) Stake-holders’ Value Condition, Cooperative Relationship and Network Performance. Journal of Systems Engineering, 6.
[6] Paulin, M., Ferguson, R.J. and Bergeron, J. (2006) Service Climate and Organizational Commitment: The Importance of Customer Linkages. Journal of Business Research, 59, 906-915. http://dx.doi.org/10.1016/j.jbusres.2006.03.004
[7] Ulaga, W. and Eggert, A. (2006) Relationship Value and Relationship Quality: Broadening the Nomological Network of Business-to-Business Relationships. European Journal of Marketing, 40, 311-327.
[8] Laplume, A.O., Sonpar, K. and Litz, R.A. (2008) Stakeholder Theory: Reviewing A Theory That Moves Us. Journal of Management, 34. http://dx.doi.org/10.1177/0149206308324322
[9] Sahadev, S. (2008) Economic Satisfaction and Relationship Commitment in Channels: The Moderating Role of Environmental Uncertainty, Collaborative Communication and Coordination Strategy. European Journal of Marketing, 42, 178-195. http://dx.doi.org/10.1108/03090560810840961

Copyright © 2021 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.