The Impact of Stakeholder Orientation on Business Performance: The Case of a set of Companies in Algeria

Kerbouche, Mohammed; Yahiaoui, Sliman

مجلة البشائر الاقتصادية
Volume 4, Numéro 3, Pages 745-763
2019-02-21

The Impact Of Stakeholder Orientation On Business Performance: The Case Of A Set Of Companies In Algeria

Authors : Kerbouche Mohammed . Yahiaoui Sliman .

Abstract

The purpose of this research is to examine the impact of stakeholder orientations on business performance based on the stakeholder theory of Freeman (1984). Where, four stakeholder groups have repeatedly been identified as relevant to most corporations: customers, competitors, employees, and shareholders. Business performance was considered through two main areas of performance: financial and market performance, social performance, where, the study was conducted by distribute a questionnaire on a group of Algerian enterprises using a sample of 120 companies. Based on previous studies that diversed from the United States and the United Kingdom context to the Asian context as came in the Chung-Leung Luk, & al, (2005) study. The results of our study were similar to the results of previous studies in some dimensions and differed in other dimensions. Where the results indicated that the stakeholders orientation of Algerian enterprises have an impact on the performance of business, whether financial, market or social. This was done by testing the hypothesis using structural equation modeling.