LSU Management Professor Thomas Greckhamer Co-authored an Article Accepted by the Strategic Management Journal
August 14, 2020
BATON ROUGE- Thomas Greckhamer, professor and director of Graduate Studies- PhD Program, Rucks Department of Management, recently co-authored a paper that was accepted for publication by the Strategic Management Journal.
“Stakeholder engagement strategies, national institutions, and firm performance: A configurational perspective” was co-authored by Greckhamer, Donal Crilly (Associate Professor of Strategy and Entrepreneurship, London Business School), and Kamini Gupta (Lecturer in International Business & Comparative Management, King’s College- London).
In this study, the authors examined how firms navigate pressures from shareholders and employees across different institutional environments. They developed a typology of stakeholder engagement strategies based on how firms in different countries strike a balance between conformity (i.e. prioritizing locally important stakeholders) and differentiation (i.e. prioritizing stakeholders that their local peers might neglect). Their findings showed that the engagement strategies associated with high performance vary according to local institutional context and firm characteristics. In particular, by not merely prioritizing stakeholders who are already locally important, firms can use stakeholder engagement to differentiate themselves from their peers, and such engagement strategies are often linked to high performance.
The full study is available online here: https://onlinelibrary.wiley.com/doi/full/10.1002/smj.3204.
The Strategic Management Journal (SMJ), founded in 1980, is the world’s leading mass impact journal for research in strategic management. SMJ is a top management and business journal that was named a Financial Times 50 journal and a four-star “world elite” journal by the Association of Business Schools (ABS). The SMJ publishes papers that are selected through a rigorous double-blind review process, and it seeks to publish the highest quality research with questions, evidence, and conclusions that are relevant to strategic management and engaging to strategic management scholars.
About the Rucks Department of Management
The Rucks Department of Management at LSU’s E. J. Ourso College of Business endeavors to prepare students for careers in fields such as international management, human resources and industrial/labor relations. A generous donation by LSU alumnus William W. Rucks and his wife, Catherine, has aided the department in securing faculty who are repeatedly recognized for their research and has supported student-affiliated organizations in achieving top honors nationally. For more information, visit our home page or call 225-578-6101.
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