Media Influence and Firms Behaviour: A Stakeholder Management Perspective

C.L. Voinea*, Hans van Kranenburg

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

Abstract

To better understand the media as a stakeholder we study the media influences and the types of actions used by firms to manage this stakeholder. A hegemonic approach to the subject argues that the media is part of an economic, political, social, and cultural struggle. Accordingly, different stakeholders and classes compete for dominance and attempt to impose their visions, interests, and agendas on society as a whole. Firms, along with other groups, struggle for social dominance by disseminating images through the media. By means of stakeholder management and organizational response literature we show that given the dependency on the media’s accountability, answerability, and credibility, firms implement either strategic actions or fire-fighting actions. Evidence is brought from foreign firms in the traditional media business (print, radio, television) in the Netherlands, context characterized by freedom of the press, opinion, and information.
Original languageEnglish
Pages (from-to)23-38
Number of pages16
JournalInternational Business Research
Volume10
Issue number10
DOIs
Publication statusPublished - 31 Jul 2017

Fingerprint

stakeholder
firm
management
freedom of the press
credibility
television
radio
Netherlands
Firm behavior
Stakeholder management
responsibility
evidence
economics
Stakeholders
Group

Keywords

  • stakeholder management
  • resource based view
  • media management
  • RESPONSIVENESS

Cite this

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Media Influence and Firms Behaviour : A Stakeholder Management Perspective . / Voinea, C.L.; van Kranenburg, Hans.

In: International Business Research, Vol. 10, No. 10, 31.07.2017, p. 23-38.

Research output: Contribution to journalArticleAcademicpeer-review

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