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Title

Who gets attention? firms’ shifting stakeholder orientation at times of ownership volatility

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Luger, Johannes
Published in Academy of management annual conference. Chicago. 2018
Abstract Research on firms’ stakeholder orientation has described two perspectives: An ex ante narrow orientation towards their shareholders and an ex ante broad orientation towards all their stakeholders. Both streams rely on the assumption of long-term owners, who create spillovers to other stakeholders or enable synergies between stakeholders and shareholders. However, stock-holding periods have become much shorter over the past decades, causing unprecedented ownership volatility. In this paper, we clarify the impact of ownership volatility on stakeholder orientation.
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SCHAD, Jonathan, LUGER, Johannes, RAISCH, Sebastian. Who gets attention? firms’ shifting stakeholder orientation at times of ownership volatility. In: Academy of management annual conference. Chicago. [s.l.] : [s.n.], 2018. doi: 10.5465/AMBPP.2018.221 https://archive-ouverte.unige.ch/unige:125027

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Deposited on : 2019-10-25

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