Most valuable stakeholders: The impact of employee orientation on corporate financial performance

In sports, the Most Valuable Player award goes to the individual or group of players who have contributed most to the success of the team. This paper presents the results of two Australian empirical studies conducted six years apart, which suggest that, in business, employees are the most valuable s...

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Main Authors: De Bussy, Nigel, Suprawan, L.
Format: Journal Article
Published: Elsevier 2012
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/62193
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author De Bussy, Nigel
Suprawan, L.
author_facet De Bussy, Nigel
Suprawan, L.
author_sort De Bussy, Nigel
building Curtin Institutional Repository
collection Online Access
description In sports, the Most Valuable Player award goes to the individual or group of players who have contributed most to the success of the team. This paper presents the results of two Australian empirical studies conducted six years apart, which suggest that, in business, employees are the most valuable stakeholder group. In particular, we find evidence to support the proposition that employee orientation contributes more to corporate financial performance (CFP) than orientation towards any other individual primary stakeholder group, including customers, communities, suppliers and shareholders. These findings have practical implications for corporate level strategy and the prioritization of budgetary resources by communication managers. From a theoretical perspective, the paper contributes to the debate on the best way to conceptualize employee orientation.
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spelling curtin-20.500.11937-621932019-02-19T04:27:57Z Most valuable stakeholders: The impact of employee orientation on corporate financial performance De Bussy, Nigel Suprawan, L. Employee orientation corporate financial performance stakeholders In sports, the Most Valuable Player award goes to the individual or group of players who have contributed most to the success of the team. This paper presents the results of two Australian empirical studies conducted six years apart, which suggest that, in business, employees are the most valuable stakeholder group. In particular, we find evidence to support the proposition that employee orientation contributes more to corporate financial performance (CFP) than orientation towards any other individual primary stakeholder group, including customers, communities, suppliers and shareholders. These findings have practical implications for corporate level strategy and the prioritization of budgetary resources by communication managers. From a theoretical perspective, the paper contributes to the debate on the best way to conceptualize employee orientation. 2012 Journal Article http://hdl.handle.net/20.500.11937/62193 10.1016/j.pubrev.2011.11.006 Elsevier fulltext
spellingShingle Employee orientation
corporate financial performance
stakeholders
De Bussy, Nigel
Suprawan, L.
Most valuable stakeholders: The impact of employee orientation on corporate financial performance
title Most valuable stakeholders: The impact of employee orientation on corporate financial performance
title_full Most valuable stakeholders: The impact of employee orientation on corporate financial performance
title_fullStr Most valuable stakeholders: The impact of employee orientation on corporate financial performance
title_full_unstemmed Most valuable stakeholders: The impact of employee orientation on corporate financial performance
title_short Most valuable stakeholders: The impact of employee orientation on corporate financial performance
title_sort most valuable stakeholders: the impact of employee orientation on corporate financial performance
topic Employee orientation
corporate financial performance
stakeholders
url http://hdl.handle.net/20.500.11937/62193