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The recently awakened have noticed that stakeholder cooperation can improve business performance.
By systematically coding more than 50,000 "stakeholder events" found in media reports, we developed an index of the degree of stakeholder cooperation or conflict for these mines.
The results show that investors are willing to pay significantly more when it is unlikely that a mine will encounter development obstacles due to lack of stakeholder cooperation or uncertain political support.
Next, we examined whether firms that scored higher on the stakeholder cooperation and conflict index were expected to have fewer delays and disruptions— allowing them to come closer to the optimal extraction plan and therefore maintain market valuations discounted less steeply from the intrinsic value of their assets.
The increasing frequency of large wildland fires, the expansion of the wildland-urban interface, the area between unoccupied land and human development; and an increasing and aging U.S. population are increasing the number of people at-risk from wildfire smoke, thus highlighting the necessity for broadening stakeholder cooperation to address the health effects of wildfire.
In this respect, China can only benefit from stakeholder cooperation and voluntary compliance, particularly on core issues such as infant formula safety.
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The CBFA is touted as a milestone in conservation planning, multi-stakeholder cooperation, and woodland caribou conservation.
In terms of remedies, the most prominent among those discussed was inter-stakeholder cooperation and alliance, though little insight was offered as to what these relationships should look like in terms of responsibilities, incentives and accountability structures.
The current water management approach in Spain, based on stakeholders' cooperation, achieves almost the same economic outcomes and better environmental outcomes compared to a pure water market.
They further subdivide stakeholders into internal and external and posit that "CSR programmes cannot be executed" if organisations fail to receive stakeholders' cooperation, a view held by other scholars (Huang & Zhao, 2016).
"Global multi-stakeholder cooperation lies at the heart of the Forum's mission to improve the state of the world," says Professor Klaus Schwab, founder of the Forum.
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CEO of Professional Science Editing for Scientists @ prosciediting.com