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The Relevance of Nationality and Industry for Stakeholder Salience: An Investigation Through Integrated Reports

Author

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  • Cristina Gianfelici

    (University of Bologna)

  • Andrea Casadei

    (BilanciaRSI Value - Research Centre on Corporate Social Responsibility)

  • Federica Cembali

    (BilanciaRSI Value - Research Centre on Corporate Social Responsibility)

Abstract

The aim of this research is to investigate the web of business-stakeholder relationships emerging from first integrated reports. Drawn from the stakeholder salience theory, the analysis focuses on some factors that may cause specific stakeholders to be crucial for some organizations and their ability to create value over time. More precisely, findings highlight the importance of industry membership, while entities’ nationality seems not to be a differentiating element. This study contributes to the corporate disclosure literature by analyzing an emerging reporting tool, the integrated report, and demonstrating that the link between some business characteristics and stakeholder salience seems fundamental for the representation of the impact of corporate social and environmental responsibilities on the economic performance. From a practical point of view, the impact of industry membership on corporate disclosures encourages the drafting of differentiated reporting standards across sectors, in order to improve comparability, materiality, and reliability of information.

Suggested Citation

  • Cristina Gianfelici & Andrea Casadei & Federica Cembali, 2018. "The Relevance of Nationality and Industry for Stakeholder Salience: An Investigation Through Integrated Reports," Journal of Business Ethics, Springer, vol. 150(2), pages 541-558, June.
    • Handle: RePEc:kap:jbuset:v:150:y:2018:i:2:d:10.1007_s10551-016-3194-7
    DOI: 10.1007/s10551-016-3194-7
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