New Research paper alert
Most firms today are heavily interested in maximising shareholder value, often at the expense of other stakeholders, thereby undermining the potential benefits of corporate citizenship. Also, this exposes many firms to various risks and challenges such as reputational damage, regulatory penalties, and stakeholder conflicts. Based on stakeholder theory, two PhD scholars and myself recently examined the extent to which firm involvement in corporate citizenship influences the wealth maximisation of listed industrial goods firms in Nigeria. Link to the paper: https://lnkd.in/dyya8nd4