An application of stakeholder influence strategies on environmental disclosures: exploring the impact of a positive environmental event in a developing country

Stakeholder theory has been used extensively in the business literature as it offers a useful framework given its basic premise that the firm’s success is dependent upon the successful management of its relationship with their stakeholders (Freeman, 1983). Whilst the stakeholder literature is replete with research on stakeholder attributes and concerns on how to manage them, little is known about how stakeholders demand what they want from the firm (Frooman, 1999). The purpose of this research is to gain insights on the preferred strategies chosen by various stakeholder representatives to influence management to either provide/not provide environmental disclosures in an experimental setting.