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Stakeholder value creation and financial performance of selected JSE firms

Thesis (M.Com. (Accounting)) -- University of Limpopo, 2022 / For organisations to be successful, they need key stakeholders like shareholders,
customers, employees, banks and the community. These stakeholders are essential
in any profit-based organisation. All stakeholders have needs, which have to be
balanced. However, it is difficult to balance the needs of different stakeholders as they
have different preferences. This study seeks to determine how different needs of
stakeholders can be balanced and which of these stakeholders an organisation can
prioritise to create value in the organisation. The study used a quantitative method to
extract secondary data from the Johannesburg Stock Exchange. The judgemental
sampling method was utilised to selected 68 organisations from the JSE, which were
utilised to determine which stakeholder has an impact on the value of an organisation.
The study did not choose any industry but generalised. The results of the study
indicate that shareholders, customers and banks (debtholders) have no effect on the
financial performance of the organisation. This means that stakeholders do improve
value in an organisation. However, the results further revealed that the community and
employees have a positive influence on financial performance. Future researchers can
choose one industry to determine how these particular stakeholders influence the
financial performance of organisations in a particular industry. In addition, more
stakeholders can be identified that are key to organisations. / National Research Fund through Risk and Vulnerability Science Centre

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:ul/oai:ulspace.ul.ac.za:10386/4164
Date January 2022
CreatorsSono, Musa Bryan
ContributorsFakoya, M.B.
Source SetsSouth African National ETD Portal
LanguageEnglish
Detected LanguageEnglish
TypeThesis
Formatix, 119 leaves
RelationPDF

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