Cited by 558Corporate Social Responsibility ReportingJob Satisfaction and Organizational BehaviorExperimental Behavioral Economics Studies

The DOI matches its Crossref record; 56 of the 58 references it cites were found in a registry or an index.

Stakeholders, reciprocity, and firm performance

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Bosse, Douglas A., Phillips, Robert A., Harrison, Jeffrey S.·2009·Strategic Management Journal

Abstract

The assumption that economic actors behave in a boundedly self‐interested manner promises fruitful new insights for strategic management. A growing literature spanning multiple disciplines indicates most actors' selfish utility maximizing behaviors are bounded by norms of fairness. Rather than being purely self‐interested, people behave reciprocally by rewarding others whose actions they deem fair and willingly incurring costs to punish those they deem unfair. Economists show that employers who are perceived as distributionally fair by their employees generate comparatively more value due to the positively reciprocal behavior of those employees. The organizational justice literature distinguishes two additional types of fairness assessed by employees. Drawing from both these bodies of work, we employ stakeholder theory to propose how perceptions of fairness result in reciprocity (1) extending to all stakeholders of the firm and (2) affecting firm performance. Copyright © 2008 John Wiley & Sons, Ltd.

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Crossref · 10.1002/smj.743

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56 of 56 references verified0 citation errors · 0 not checkable

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Research works printed but not linked: 6

  1. Becker L, 1986, Reciprocity
  2. Bies RJ, 1986, Justice in the Workplace, 197
  3. 2007, Patience, fairness and the human condition, Economist, 94
  4. 10.2307/259074 · DOI
  5. Leventhal GS, 1980, Justice and Social Interaction, 167
  6. Rawls J, 1999, Collected Papers: John Rawls, 190

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Metadata

Authors
Bosse, D. A., Phillips, R. A., & Harrison, J. S.
Affiliations
University of Richmond (US)
Corresponding author
Bosse, Douglas A.
Venue
Strategic Management Journal
Publisher
Wiley
Published
2008-11-24
Volume
30
Issue
4
Pages
447-456
ISSN
  • 0143-2095 (ISSN-L)
  • 1097-0266
OpenAlex
W2146209612
Cited by
558
References
58
Citations by year
2026: 33 · 2025: 34 · 2024: 37 · 2023: 43 · 2022: 37 · 2021: 46 · 2020: 42 · 2019: 45 · 2018: 37 · 2017: 36 · 2016: 37 · 2015: 34 · 2014: 21 · 2013: 28 · 2012: 15
FWCI
31.36
Type
journal article
Language
en
Open access
Locations
  • Strategic Management Journal (publishedVersion)
  • SSRN Electronic Journal (submittedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
  • Social Sciences › Business, Management and Accounting › Organizational Behavior and Human Resource Management › Job Satisfaction and Organizational Behavior
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Experimental Behavioral Economics Studies
Keywords
reciprocity, fairness, stakeholder theory, firm performance, organizational justice, distributive fairness, procedural justice, perceived fairness, employee behavior, stakeholder perspectives

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