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A Study on the Difference of Stakeholder Interests From the Perspective of Firm Growth |
CHEN Xin TENG Yue SHEN Le-Ping |
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Abstract The integrative social contracts between firms and stakeholders are the root cause of stakeholder interests. The difference of cognition on stakeholder interests originates in the complexity of the integrative social contracts. According to empirical study and from the perspective of firm growth, the paper identifies and analyzes the difference of cognition on stakeholder interests in the firms which have different size and life cycle. Based on the results, the paper suggests that the society should give more concern and pay more attention to the small-and -medium-sized enterprises and the firms in decline period in order to encourage them to respond better to the stakeholder interests and enhance their sense of corporate social accountability.
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Received: 13 August 2009
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Corresponding Authors:
CHEN Xin
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