Search results for "shareholder"
showing 4 items of 84 documents
The effect of reshoring announcement on company share price
2022
The reshoring trend has gained momentum among manufacturing companies, which increasingly decide to relocate their production activities back to their home country. In this article, we explore the relationship between the motivations guiding the decision to reshore and the companies’ shareholder value. Particularly, taking an eclectic paradigm perspective, we aim to understand whether the motivations driving the companies’ decisions to reshore explain changes in the shareholder value. Empirically, we built an ad-hoc database based on 370 reshoring decisions involving the USA as a reshoring destination and announced in the 10-year time window ranging from 2009 to 2018. Our results highlight…
Positioning Stakeholder Theory within the Debate on Corporate Social Responsibility
2007
Companies engage in corporate social responsibility (CSR) mainly because they can reap some kind of benefits from such engagement. It is thus necessary to have a CSR notion which is able to address this important feature. The differing views regarding the role of business in society are often presented as being placed within the stakeholder-shareholder debate. This article tries to show that a useful notion of CSR should be based on a stakeholder view and should be capable of addressing both its normative and instrumental aspects. Companies are seen as having an obligation to consider society’s long-run needs and wants, which implies that they engage in activities that promote benefits for …
Concilier finance et management. Un problème d'architecture organisationnelle
2009
This article has two objectives. On the one hand, it aims to explain the disturbances brought by finance to management as a problem of inconsistency or organizational architecture. On the other hand, it suggests some ways of reconciliation between finance and the other management functions. This reconciliation could be based on an evolution of the financial theory in order to be closer to the other management sciences, end on a subordination of financial performance objectives and indicators in the management of the firm
Social accounting and its contribution to society
2013
With the development of the society and its economic system, a need has emerged to develop accounting as well. The increasing role of social accounting, which keeps records of for-profit, non-profit, and governmental organisations, is associated with the complexity of the environment in which businesses and organisations are operating and presenting reports about their social, ethical, and environmental aspects. Organisations are subject to greater transparency, and many stakeholders are interested in and concerned about the performance of organisations within the context that is not reflected, to a satisfactory extent, in traditional accounting. Traditional accounting ensures reporting to …