In this paper the contribution of stakeholder theory to good corporate governance is discussed. This study sought to assess whether theories about firm-stakeholder interactions offered insights into motivations influencing the decision to report to stakeholders. Stakeholder theories have fallen into managerial or normative-ethical perspectives. This study identifies the motivations underlying each of these theories and assesses whether they influence the decision to report. Data analysis found that each offers only a part of the story supporting the contention that an approach combining the various theories would better reflect decision making. It is argued that such an approach would better enable an understanding of whether or not stakeholder reporting undertaken could be described as good corporate governance practice.
History
Publication title
Program and Proceedings of the 17th Asian Pacific Conference on International Accounting Issues
Editors
Victoria University of Wellington and California State University
Pagination
EJ
Department/School
TSBE
Publisher
Victoria University of Wellington and California State University
Place of publication
Wellington, New Zealand
Event title
Asian Pacific Conference on International Accounting Issues