Does Stakeholder Orientation Matter? The Relationship Between Stakeholder Management Models and Firm Financial Performance
从现有研究中推导出两种利益相关者管理模式，并检验了它们与企业财务绩效的关系，发现战略型模式有效，而内在承诺型模式未获支持。
Little empirical work has been done on the effect of stakeholder management on corporate performance. In this study, we contributed to stakeholder theory development by (1) deriving two distinct stakeholder management models from extant research, (2) testing the descriptive accuracy of these models, and (3) including important variables from the strategy literature in the tested models. The results provide support for a strategic stakeholder management model but no support for an intrinsic stakeholder commitment model. Implications of these findings for management practice and future research are discussed.