Regulation has been an important instrument in pushing the business community towards a more sustainable way of conduct. But recently an increasing pressure from a growing number of stakeholders including employees, customers, neighbours, NGO's etc has been observed. The purpose of this paper is to discuss how the influence from an increasing number of stakeholders may influence the companies to adopt a more proactive attitude towards environmentally related initiatives. The first part of the paper will discuss the relevant theory and introduce a model to analyse and identify the most relevant stakeholder groups and their influence. Based on a recent survey among Danish companies the second part of the paper will report on the actual perceived influence from a variety of stakeholders to force companies to introduce environmentally-related initiatives. The results will then be discussed in light of the theory and other reported results. Finally a number of consequences will be discussed.
Proceedings From the 1999 Annual Meeting of the Decision Sciences Institute / B. Charney (ed.), 1999
Environmental management; Stakeholder management; The DEMS project
Main Research Area:
Annual Meeting of the Decision Sciences Institute, New Orleans, USA, 1999