From driving change through employee engagement and deploying the workforce across the globe as mentors, to celebrating Usher’s life-changing youth empowerment initiative, the second day of the Boston College 2014 International Corporate Citizenship Conference delivered as promised with a solid lineup of moderated discussion and lively panel presentations.
A group of studies examined in our recent Research Briefs show that stakeholder engagement delivers multiple benefits to business. Positive stakeholder engagements are shown to have a positive effect not only on those directly engaged but also on other groups of stakeholders who observe the engagement.
This research aligns with findings from prior studies, which suggest that expectations of firms among stakeholders in their home communities extend to their global operations. Regardless of the expectations of stakeholders abroad, stakeholders at home expect companies to treat all of their arenas of operation with consistent care – and they will punish companies who do not meet their expectations.