Original Research

Performance satisfaction, shareholder and stakeholder orientations: Managers´ perceptions in three countries across continents

Georgios Angelopoulos, John A Parnell, Gregory J Scott
South African Journal of Economic and Management Sciences | Vol 16, No 2 | a366 | DOI: https://doi.org/10.4102/sajems.v16i2.366 | © 2013 Georgios Angelopoulos, John A Parnell, Gregory J Scott | This work is licensed under CC Attribution 4.0
Submitted: 05 March 2012 | Published: 31 May 2013

About the author(s)

Georgios Angelopoulos, CENTRUM Católica, Pontificia Universidad Católica del Perú, Peru
John A Parnell, CENTRUM Católica, Pontificia Universidad Católica del Perú, Peru
Gregory J Scott, CENTRUM Católica, Pontificia Universidad Católica del Perú, Peru

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Abstract

Managers working in South Africa, Peru and the United States were classified as stakeholder- and/or shareholder-oriented along the Perceived Role of Ethics and Social Responsibility (PRESOR) scale. The relationship between stakeholder/shareholder orientation and perceptions of organisational performance was further explored. In South Africa and overall, respondents with both high stakeholder and low shareholder orientations reported the greatest performance satisfaction. In Peru, managers with a high stakeholder orientation reported the greatest satisfaction with organisational performance. A significant link between stakeholder or shareholder orientation and performance satisfaction was not found in the United States, however. Directions for future research are outlined.



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