TY - JOUR
T1 - Who matters to CEOs? An investigation of stakeholder attributes and salience, corporate performance, and CEO values
AU - Agle, Bradley R.
AU - Mitchell, Ronald K.
AU - Sonnenfeld, Jeffrey A.
PY - 1999/10
Y1 - 1999/10
N2 - Using unique data provided by the CEOs of 80 large U.S. firms, we examined relationships among the stakeholder attributes of power, legitimacy, urgency, and salience; CEO values; and corporate performance. We found strong support for the attribute-salience relationship and some significant relationships among CEO values, salience, and corporate social performance but found no support for a salience-financial performance link. Our findings suggest a need for continued emphasis on the development of normative stakeholder theory.
AB - Using unique data provided by the CEOs of 80 large U.S. firms, we examined relationships among the stakeholder attributes of power, legitimacy, urgency, and salience; CEO values; and corporate performance. We found strong support for the attribute-salience relationship and some significant relationships among CEO values, salience, and corporate social performance but found no support for a salience-financial performance link. Our findings suggest a need for continued emphasis on the development of normative stakeholder theory.
UR - http://www.scopus.com/inward/record.url?scp=0033247294&partnerID=8YFLogxK
U2 - 10.2307/256973
DO - 10.2307/256973
M3 - Article
AN - SCOPUS:0033247294
SN - 0001-4273
VL - 42
SP - 507
EP - 525
JO - Academy of Management Journal
JF - Academy of Management Journal
IS - 5
ER -