201 AJBMR • Doi Publications
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  • CRAFTING A SUSTAINABLE CORPORATE PERFORMANCE: The value of corporate stakeholders
    ►J Kamwachale Khomba, Ella C Kangaude-Ulaya and Rabiya Hanif

     10.52283/NSWRCA.AJBMR.20120212A03

    ABSTRACT
    Stakeholders play critical roles in sustaining operations of an organisation. Thus, there is an increasing insistence on the need for organisations to run their operations with their stakeholders in mind. This study aimed at establishing how different stakeholders are valued and treated by various companies operating in Malawi. The study findings reveal that most business executives recognise the vital roles that different stakeholders play for the success and sustainability of their operations. Corporate managers also recognise the interdependence of relationships of their stakeholders. However, some stakeholders such as debt financiers, community and natural environment receive lower rankings by corporate managers. The study findings suggest that there is a need to carry out another similar study after some time to assess the impact of new provisions of the good corporate governance that propagate inclusion of an integrated reporting system within corporate reports.  It is envisaged that the study results will facilitate the change of mindsets in corporate planning and performance measurement systems and also change of approaches in academic and business research programmes.
    Keywords: Corporate, governance, Malawi, performance, shareholder, stakeholder, sustainability, value

    Pages:20-27 :: Download-View
 
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