• DocumentCode
    2605019
  • Title

    An empirical study of the relationship between financial performance and enterprise stakeholders´ demand under the social man precondition

  • Author

    Dong-ping, Han ; Ming-ming, Wang ; Ya-ming, Wang

  • Author_Institution
    Sch. of Manage., Harbin Inst. of Technol., Harbin, China
  • fYear
    2010
  • fDate
    24-26 Nov. 2010
  • Firstpage
    1239
  • Lastpage
    1263
  • Abstract
    In addition to delivering high return to shareholders, enterprises should simultaneously take into account the demands of other stakeholders. Although it may be difficult for enterprises to balance the interests among different interested-related groups, the balancing work can not be neglected. After systematically summarizing the related former classic studies, we put forward hypothesis about the relationships between enterprise stakeholders´ demand and the financial performance under the social man precondition. Then an analysis of the hypothesis is empirically presented. The results showed that the stakeholders and interest demand oriented realized degree and financial performance is in a positive correlation, the conclusion is that its stakeholders appeal can promote enterprise´s financial performance. Finally, a method is developed to balance the interests between different stakeholders.
  • Keywords
    financial management; supply and demand; enterprise stakeholders demand; financial performance; interest demand; social man precondition; Companies; Correlation; Financial management; Government; Marketing and sales; Remuneration; Strontium; enterprise stakeholders; financial performance; interest-orientation; social man hypothesis;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering (ICMSE), 2010 International Conference on
  • Conference_Location
    Melbourne, VIC
  • ISSN
    2155-1847
  • Print_ISBN
    978-1-4244-8116-3
  • Type

    conf

  • DOI
    10.1109/ICMSE.2010.5719952
  • Filename
    5719952