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ToolsPatacconi, Andrea, Shamshur, Anastasiya and Ulianiuk, Pavlo (2025) A broader corporate purpose? Evidence from UK public companies, 2000–2016. European Management Review. ISSN 1740-4754
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Abstract
This paper examines the extent to which corporate leaders have discursively embraced the logic of stakeholder theory. Using textual analysis of chairperson and CEO letters to shareholders of public companies in the UK during the 2000–2016 period, we find that, over time, attention to shareholders declined and attention to customers, society and CSR increased. These shifts were more pronounced during the financial crisis. Chairpersons and CEOs also appear to exhibit different loci of attention. Our findings indicate that corporate purpose did become “broader” in recent years; however, despite this trend, attention to employees did not increase.
| Item Type: | Article |
|---|---|
| Additional Information: | Data Availability Statement: The data that support the findings of this study are available from Thomson Reuters Refinitive and Asset4 at https://www.lseg.com/en/data-analytics. Restrictions apply to the availability of these data, which were used under license for this study. |
| Uncontrolled Keywords: | attention to goals and stakeholders,corporate purpose,stakeholder theory,business and international management,strategy and management ,/dk/atira/pure/subjectarea/asjc/1400/1403 |
| Faculty \ School: | Faculty of Social Sciences > Norwich Business School Faculty of Social Sciences |
| Related URLs: | |
| Depositing User: | LivePure Connector |
| Date Deposited: | 28 Jan 2025 23:50 |
| Last Modified: | 28 Jan 2025 23:50 |
| URI: | https://ueaeprints.uea.ac.uk/id/eprint/98328 |
| DOI: | issn:1740-4754 |
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